Chongqing Port Co.,Ltd. engages in port transit transportation business in China. The company offers port terminal loading and unloading, warehousing, integrated logistics, cargo handling, and other transit transportation services. It also provides specialized terminals for containers, heavy goods, chemicals, bulk cargo, and tourist passenger transport; railway loading and unloading; container handling; and multimodal transportation of rail, public, and water. The company was formerly known as Chongqing Gangjiu Co.,Ltd and changed its name to Chongqing Port Co.,Ltd. in November 2021. Chongqing Port Co.,Ltd. was founded in 1999 and is headquartered in Chongqing, China.
Chongqing Port Dividend Announcement
• Chongqing Port announced a annually dividend of ¥0.04 per ordinary share which will be made payable on 2024-06-20. Ex dividend date: 2024-06-20
• Chongqing Port annual dividend for 2024 was ¥0.04
• Chongqing Port annual dividend for 2023 was ¥0.04
• Chongqing Port's trailing twelve-month (TTM) dividend yield is 0.81%
• Chongqing Port's payout ratio for the trailing twelve months (TTM) is 31.69%
• Chongqing Port's dividend growth over the last five years (2018-2023) was -28.23% year
• Chongqing Port's dividend growth over the last ten years (2013-2023) was -3.97% year
Chongqing Port Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-20 | ¥0.04 | annually | 2024-06-20 |
2023-06-07 | ¥0.04 | annually | 2023-06-07 |
2022-06-16 | ¥0.02 | annually | 2022-06-16 |
2021-07-23 | ¥0.03 | annually | 2021-07-23 |
2020-07-08 | ¥0.05 | annually | 2020-07-08 |
2019-06-18 | ¥0.06 | annually | 2019-06-18 |
2018-06-19 | ¥0.21 | annually | 2018-06-19 |
2017-06-06 | ¥0.04 | annually | 2017-06-06 |
2016-05-31 | ¥0.06 | annually | |
2015-05-26 | ¥0.07 | annually | |
2014-05-23 | ¥0.07 | annually | |
2013-05-30 | ¥0.06 | annually |
Chongqing Port Dividend per year
Chongqing Port Dividend growth
Chongqing Port Dividend Yield
Chongqing Port current trailing twelve-month (TTM) dividend yield is 0.81%. Interested in purchasing Chongqing Port stock? Use our calculator to estimate your expected dividend yield:
Chongqing Port Financial Ratios
Chongqing Port Dividend FAQ
Other factors to consider when evaluating Chongqing Port as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Chongqing Port's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Chongqing Port publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Chongqing Port distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Chongqing Port are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Chongqing Port sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Chongqing Port distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Chongqing Port declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Chongqing Port's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Chongqing Port's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.