Chongqing Sanxia Paints Co., Ltd engages in the manufacture and sale of paints and coatings primarily in China. The company offers anticorrosive, automotive, general, architectural, and furniture paints under the Three Gorges brand. Its products are used in the aerospace, aviation, military equipment, petroleum, petrochemicals, railways, bridges, ships, wind power, nuclear power, and automobiles and motorcycles. The company was formerly known as Chongqing Paint Factory. Chongqing Sanxia Paints Co., Ltd was founded in 1931 and is headquartered in Chongqing, China.
Chongqingnxia Paints Dividend Announcement
• Chongqingnxia Paints announced a annually dividend of ¥0.01 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-07
• Chongqingnxia Paints annual dividend for 2024 was ¥0.01
• Chongqingnxia Paints annual dividend for 2023 was ¥0.01
• Chongqingnxia Paints 's trailing twelve-month (TTM) dividend yield is 0.27%
• Chongqingnxia Paints 's payout ratio for the trailing twelve months (TTM) is -471.66%
• Chongqingnxia Paints 's dividend growth over the last five years (2018-2023) was -5.59% year
• Chongqingnxia Paints 's dividend growth over the last ten years (2013-2023) was -11.34% year
Chongqingnxia Paints Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-07 | ¥0.01 | annually | 2024-06-07 |
2023-06-07 | ¥0.01 | annually | 2023-06-07 |
2022-05-10 | ¥0.03 | annually | 2022-05-10 |
2021-05-25 | ¥0.03 | annually | 2021-05-25 |
2020-06-19 | ¥0.01 | annually | 2020-06-19 |
2019-05-30 | ¥0.01 | annually | 2019-05-30 |
2018-06-22 | ¥0.02 | annually | 2018-06-22 |
2017-04-28 | ¥0.05 | annually | 2017-04-28 |
2016-07-15 | ¥0.01 | annually | |
2015-08-31 | ¥0.08 | annually | |
2015-07-16 | ¥0.05 | annually | |
2014-05-23 | ¥0.05 | annually | |
2013-05-13 | ¥0.05 | annually |
Chongqingnxia Paints Dividend per year
Chongqingnxia Paints Dividend growth
Chongqingnxia Paints Dividend Yield
Chongqingnxia Paints current trailing twelve-month (TTM) dividend yield is 0.27%. Interested in purchasing Chongqingnxia Paints stock? Use our calculator to estimate your expected dividend yield:
Chongqingnxia Paints Financial Ratios
Chongqingnxia Paints Dividend FAQ
Other factors to consider when evaluating Chongqingnxia Paints 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: Chongqingnxia Paints '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, Chongqingnxia Paints 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, Chongqingnxia Paints 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 Chongqingnxia Paints 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: Chongqingnxia Paints 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, Chongqingnxia Paints distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Chongqingnxia Paints 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 Chongqingnxia Paints '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 Chongqingnxia Paints '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.