DongFeng Automobile Co. LTD designs, develops, produces, and sells automobiles, automobile engines, parts, and castings in the People's Republic of China. The company also engages in the mechanical processing, automobile repair, and technical consulting services. In addition, it manufactures and sells light-duty commercial vehicles, passenger vehicles and chasses, engines, and spare parts. The company was founded in 1993 and is based in Wuhan, the People's Republic of China. DongFeng Automobile Co. LTD is a subsidiary of Dongfeng Motor Co., Ltd.
DongFeng Automobile Dividend Announcement
• DongFeng Automobile announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2024-07-15. Ex dividend date: 2024-07-15
• DongFeng Automobile annual dividend for 2024 was ¥0.03
• DongFeng Automobile annual dividend for 2023 was ¥0.04
• DongFeng Automobile's trailing twelve-month (TTM) dividend yield is 0.38%
• DongFeng Automobile's payout ratio for the trailing twelve months (TTM) is 0.14%
• DongFeng Automobile's dividend growth over the last five years (2018-2023) was 7.15% year
• DongFeng Automobile's dividend growth over the last ten years (2013-2023) was 29.21% year
DongFeng Automobile Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-15 | ¥0.03 | annually | 2024-07-15 |
2023-07-13 | ¥0.04 | annually | 2023-07-13 |
2022-07-15 | ¥0.06 | annually | 2022-07-15 |
2021-07-14 | ¥0.08 | annually | 2021-07-14 |
2020-07-17 | ¥0.07 | annually | 2020-07-17 |
2019-06-20 | ¥0.08 | annually | 2019-06-20 |
2018-06-19 | ¥0.03 | annually | 2018-06-19 |
2017-07-14 | ¥0.03 | annually | 2017-07-14 |
2016-06-30 | ¥0.05 | annually | |
2015-07-24 | ¥0.02 | annually | |
2014-06-20 | ¥0.01 | annually | |
2013-06-17 | ¥0.00 | annually |
DongFeng Automobile Dividend per year
DongFeng Automobile Dividend growth
DongFeng Automobile Dividend Yield
DongFeng Automobile current trailing twelve-month (TTM) dividend yield is 0.38%. Interested in purchasing DongFeng Automobile stock? Use our calculator to estimate your expected dividend yield:
DongFeng Automobile Financial Ratios
DongFeng Automobile Dividend FAQ
Other factors to consider when evaluating DongFeng Automobile 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: DongFeng Automobile'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, DongFeng Automobile 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, DongFeng Automobile 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 DongFeng Automobile 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: DongFeng Automobile 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, DongFeng Automobile distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: DongFeng Automobile 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 DongFeng Automobile'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 DongFeng Automobile'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.