Chongqing Zongshen Power Machinery Co.,Ltd develops, manufactures, and sells motorcycle engines, gasoline and diesel engines, and various agricultural and forestry machinery in China. The company's products include two-wheel, tricycle, ATV, and scooter engines; horizontal and vertical shaft gasoline engines; diesel and automobile engines; mini power tillers and water pumps; and lawn mowers, cleaning machines, and brush cutters. It also provides small size generator sets, lawn machines, high pressure washers, and hedge trimmers. The company exports its products to approximately 100 countries and regions in Europe, the United States, the Middle East, Southeast Asia, and Africa. Chongqing Zongshen Power Machinery Co.,Ltd is based in Chongqing, China.
Chongqing Zongshen Power Machinery Dividend Announcement
• Chongqing Zongshen Power Machinery announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-06-14. Ex dividend date: 2024-06-14
• Chongqing Zongshen Power Machinery annual dividend for 2024 was ¥0.25
• Chongqing Zongshen Power Machinery annual dividend for 2023 was ¥0.25
• Chongqing Zongshen Power Machinery's trailing twelve-month (TTM) dividend yield is 0.95%
• Chongqing Zongshen Power Machinery's payout ratio for the trailing twelve months (TTM) is 171.89%
• Chongqing Zongshen Power Machinery's dividend growth over the last five years (2018-2023) was 52.81% year
• Chongqing Zongshen Power Machinery's dividend growth over the last ten years (2013-2023) was 17.46% year
Chongqing Zongshen Power Machinery Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-14 | ¥0.25 | annually | 2024-06-14 |
2023-06-21 | ¥0.25 | annually | 2023-06-21 |
2022-06-24 | ¥0.25 | annually | 2022-06-24 |
2021-06-22 | ¥0.30 | annually | 2021-06-22 |
2020-06-23 | ¥0.30 | annually | 2020-06-23 |
2019-06-28 | ¥0.23 | annually | 2019-06-28 |
2018-06-22 | ¥0.03 | annually | 2018-06-22 |
2017-07-14 | ¥0.03 | annually | 2017-07-14 |
2016-07-08 | ¥0.36 | annually | |
2015-05-29 | ¥0.03 | annually | |
2014-06-12 | ¥0.03 | annually | |
2013-06-14 | ¥0.05 | annually |
Chongqing Zongshen Power Machinery Dividend per year
Chongqing Zongshen Power Machinery Dividend growth
Chongqing Zongshen Power Machinery Dividend Yield
Chongqing Zongshen Power Machinery current trailing twelve-month (TTM) dividend yield is 0.95%. Interested in purchasing Chongqing Zongshen Power Machinery stock? Use our calculator to estimate your expected dividend yield:
Chongqing Zongshen Power Machinery Financial Ratios
Chongqing Zongshen Power Machinery Dividend FAQ
Other factors to consider when evaluating Chongqing Zongshen Power Machinery 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 Zongshen Power Machinery'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 Zongshen Power Machinery 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 Zongshen Power Machinery 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 Zongshen Power Machinery 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 Zongshen Power Machinery 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 Zongshen Power Machinery 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 Zongshen Power Machinery 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 Zongshen Power Machinery'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 Zongshen Power Machinery'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.