CIG ShangHai Co., Ltd. engages in the research, development, manufacture, and sale of ICT products worldwide. The company provides wireless access network products, including indoor access points (APs), outdoor APs, outdoor CPE products, and 4G/5G small cells; and wired access products, such as XGS-PON single family units, residential gateway units, small form pluggable series products, and multiple dwelling units. It also offers carrier-grade Ethernet switches; home networking products; and light emitting and detecting devices for optical communications. The company was founded in 2006 and is headquartered in Shanghai, China.
CIG ShangHai Dividend Announcement
• CIG ShangHai announced a semi annually dividend of ¥0.03 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-27 • CIG ShangHai annual dividend for 2024 was ¥0.16 • CIG ShangHai's trailing twelve-month (TTM) dividend yield is 0.36% • CIG ShangHai's payout ratio for the trailing twelve months (TTM) is 30.93%
CIG ShangHai current trailing twelve-month (TTM) dividend yield is 0.36%. Interested in purchasing CIG ShangHai stock? Use our calculator to estimate your expected dividend yield:
CIG ShangHai Financial Ratios
P/E ratio95.99
PEG ratio-1.06
P/B ratio5.40
ROE5.79%
Payout ratio30.93%
Current ratio1.56
Quick ratio0.79
Cash Ratio0.16
CIG ShangHai Dividend FAQ
How much is the next CIG ShangHai dividend?
CIG ShangHai's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next CIG ShangHai dividend. The next CIG ShangHai dividend will be released in .
When is CIG ShangHai dividend paid?
CIG ShangHai pays dividends on a semi annually basis. The specific dates may vary each year but are generally around . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does CIG ShangHai pay?
The specific amount of CIG ShangHai dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find CIG ShangHai's dividend history.
Does CIG ShangHai stock pay dividends?
Yes, CIG ShangHai does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find CIG ShangHai's dividend history.
How much dividend does CIG ShangHai pay?
CIG ShangHai paid ¥0.163 in 2024, ¥0.0 in 2023, ¥0.0 in 2022, ¥0.0 in 2021, and ¥0.034 in 2020.
How often does CIG ShangHai pay dividends?
CIG ShangHai typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around .
What is CIG ShangHai's dividend yield?
The current dividend yield for CIG ShangHai is 0.36%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate CIG ShangHai's exact dividend yield.
When does CIG ShangHai go ex dividend?
CIG ShangHai's ex-dividend date for the latest dividend was on 2024-09-27. CIG ShangHai typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next CIG ShangHai dividend paid?
CIG ShangHai pays dividends on a semi annually basis, typically around , but the exact dates can vary each year.
Will CIG ShangHai increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether CIG ShangHai will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is CIG ShangHai dividend per share?
CIG ShangHai paid ¥0.163 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that CIG ShangHai pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is CIG ShangHai a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is CIG ShangHai a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is CIG ShangHai a dividend stock?
Yes, CIG ShangHai is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is CIG ShangHai a good dividend stock?
Whether CIG ShangHai is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. CIG ShangHai has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating CIG ShangHai 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.
Does CIG ShangHai pay dividends monthly?
CIG ShangHai typically pays dividends on a semi annually basis.
Does CIG ShangHai pay dividends quarterly?
CIG ShangHai currently pays dividends on a semi annually basis.
Has CIG ShangHai ever paid a dividend?
Yes, CIG ShangHai has a history of paying dividends to its shareholders. CIG ShangHai is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy CIG ShangHai dividend stocks?
To buy CIG ShangHai you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy CIG ShangHai stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does CIG ShangHai pay dividends 2024?
CIG ShangHai pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-27. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will CIG ShangHai increase its dividend in 2024?
Decisions regarding CIG ShangHai dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date CIG ShangHai dividend overview you can look into the above table of dividend history.
How CIG ShangHai dividend works?
The CIG ShangHai dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how CIG ShangHai's dividend process works:
1. Determination of Dividend: CIG ShangHai'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, CIG ShangHai 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, CIG ShangHai 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 CIG ShangHai 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.
How are CIG ShangHai dividends paid?
CIG ShangHai dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: CIG ShangHai 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, CIG ShangHai distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CIG ShangHai 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.
How many times does CIG ShangHai pay dividends?
CIG ShangHai typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does CIG ShangHai pay dividends?
The general pattern is that CIG ShangHai pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is CIG ShangHai dividend safe?
The safety of CIG ShangHai's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of CIG ShangHai'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 CIG ShangHai'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.