CSD Water Service Co., Ltd. provides water services for small and medium-sized cities, industrial parks, and industrial customers in China. The company offers municipal wastewater treatment, sponge cities construction, and black and odorous water bodies' treatment services; handles sudden and potential surface water pollution accidents; and provides emergency services comprising rapid diagnosis of pollutants, traceability and control schemes of pollution sources, emergency expert group diagnostic services, water and sediment emergency services, and emergency safety reports. It also provides industrial park water environment management services, which include consulting services, sewage treatment plant operation services, and park environmental management services; and industrial enterprise sewage treatment services, as well as sludge treatment and disposal services. CSD Water Service Co., Ltd. is headquartered in Beijing, China.
CSD Water Service Dividend Announcement
• CSD Water Service announced a annually dividend of ¥0.19 per ordinary share which will be made payable on 2024-06-03. Ex dividend date: 2024-06-03
• CSD Water Service annual dividend for 2024 was ¥0.19
• CSD Water Service annual dividend for 2023 was ¥0.19
• CSD Water Service's trailing twelve-month (TTM) dividend yield is 2.91%
• CSD Water Service's payout ratio for the trailing twelve months (TTM) is 172.59%
• CSD Water Service's dividend growth over the last five years (2018-2023) was 13.70% year
CSD Water Service Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-03 | ¥0.19 | annually | 2024-06-03 |
2023-07-11 | ¥0.19 | annually | 2023-07-11 |
2022-07-07 | ¥0.19 | annually | 2022-07-07 |
2021-06-29 | ¥0.07 | annually | 2021-06-29 |
2020-07-13 | ¥0.11 | annually | 2020-07-13 |
2019-06-28 | ¥0.09 | annually | 2019-06-28 |
2018-05-25 | ¥0.10 | annually | 2018-05-25 |
2017-05-23 | ¥0.05 | annually | 2017-05-23 |
CSD Water Service Dividend per year
CSD Water Service Dividend growth
CSD Water Service Dividend Yield
CSD Water Service current trailing twelve-month (TTM) dividend yield is 2.91%. Interested in purchasing CSD Water Service stock? Use our calculator to estimate your expected dividend yield:
CSD Water Service Financial Ratios
CSD Water Service Dividend FAQ
Other factors to consider when evaluating CSD Water Service 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: CSD Water Service'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, CSD Water Service 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, CSD Water Service 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 CSD Water Service 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: CSD Water Service 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, CSD Water Service distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CSD Water Service 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 CSD Water Service'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 CSD Water Service'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.