CTS International Logistics Corporation Limited, a freight forwarding company, engages in the provision of logistics and supply chain trade services in China and internationally. It provides air freight, ocean freight, multi-mode transportation, project logistics, supply chain trading, warehousing, and custom brokerage services. The company was incorporated in 1984 and is headquartered in Shanghai, China. CTS International Logistics Corporation Limited operates as a subsidiary of China Chengtong Holdings Group Ltd.
CTS International Logistics Dividend Announcement
• CTS International Logistics announced a quarterly dividend of ¥0.12 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-10-21
• CTS International Logistics annual dividend for 2024 was ¥0.45
• CTS International Logistics annual dividend for 2023 was ¥0.34
• CTS International Logistics's trailing twelve-month (TTM) dividend yield is 6.84%
• CTS International Logistics's payout ratio for the trailing twelve months (TTM) is 163.65%
• CTS International Logistics's dividend growth over the last five years (2018-2023) was 39.22% year
• CTS International Logistics's dividend growth over the last ten years (2013-2023) was 15.64% year
CTS International Logistics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-21 | ¥0.12 | quarterly | 2024-10-21 |
2024-07-16 | ¥0.20 | quarterly | 2024-07-16 |
2024-01-19 | ¥0.13 | quarterly | 2024-01-19 |
2023-06-21 | ¥0.34 | quarterly | 2023-06-21 |
2022-08-01 | ¥0.23 | quarterly | 2022-08-01 |
2021-07-16 | ¥0.25 | quarterly | 2021-07-16 |
2020-08-06 | ¥0.05 | quarterly | 2020-08-06 |
2019-07-09 | ¥0.08 | quarterly | 2019-07-09 |
2018-05-24 | ¥0.07 | quarterly | 2018-05-24 |
2017-06-21 | ¥0.07 | quarterly | 2017-06-21 |
2016-05-20 | ¥0.05 | quarterly | |
2015-06-12 | ¥0.12 | quarterly | |
2014-08-08 | ¥0.09 | quarterly | |
2013-07-26 | ¥0.08 | quarterly |
CTS International Logistics Dividend per year
CTS International Logistics Dividend growth
CTS International Logistics Dividend Yield
CTS International Logistics current trailing twelve-month (TTM) dividend yield is 6.84%. Interested in purchasing CTS International Logistics stock? Use our calculator to estimate your expected dividend yield:
CTS International Logistics Financial Ratios
CTS International Logistics Dividend FAQ
Other factors to consider when evaluating CTS International Logistics 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: CTS International Logistics'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, CTS International Logistics 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, CTS International Logistics 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 CTS International Logistics 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: CTS International Logistics 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, CTS International Logistics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CTS International Logistics 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 CTS International Logistics'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 CTS International Logistics'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.