Dongxing Securities Corporation Limited provides various financial services in China. The company is involved in securities brokerage; securities investment consulting; financial advisors services related to securities trading and securities investment activities; securities underwriting and sponsorship; securities investment fund sales; securities self-operated and securities asset management business; margin financing and securities lending activities; and consignment of financial products. It also provides futures brokerage, financial futures brokerage, futures investment consulting, and capital production management; equity and bond financing; and mergers and acquisition services. As of December 31, 2020, the company had 89 branches and securities departments. The company was founded in 2008 and is headquartered in Beijing, China. Dongxing Securities Corporation Limited is a subsidiary of China Orient Asset Management Co., Ltd.
Dongxing Securities Dividend Announcement
• Dongxing Securities announced a semi annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-10-15
• Dongxing Securities annual dividend for 2024 was ¥0.16
• Dongxing Securities annual dividend for 2023 was ¥0.05
• Dongxing Securities's trailing twelve-month (TTM) dividend yield is 1.68%
• Dongxing Securities's payout ratio for the trailing twelve months (TTM) is 28.97%
• Dongxing Securities's dividend growth over the last five years (2018-2023) was -19.73% year
Dongxing Securities Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-15 | ¥0.05 | semi annually | 2024-10-15 |
2024-08-09 | ¥0.10 | semi annually | 2024-08-09 |
2023-08-18 | ¥0.05 | semi annually | 2023-08-18 |
2022-07-28 | ¥0.26 | semi annually | 2022-07-28 |
2021-07-06 | ¥0.17 | semi annually | 2021-07-06 |
2020-07-23 | ¥0.14 | semi annually | 2020-07-23 |
2019-07-19 | ¥0.11 | semi annually | 2019-07-19 |
2018-08-09 | ¥0.15 | semi annually | 2018-08-09 |
2017-06-29 | ¥0.15 | semi annually | 2017-06-29 |
2016-06-28 | ¥0.25 | semi annually | |
2015-06-17 | ¥0.16 | semi annually |
Dongxing Securities Dividend per year
Dongxing Securities Dividend growth
Dongxing Securities Dividend Yield
Dongxing Securities current trailing twelve-month (TTM) dividend yield is 1.68%. Interested in purchasing Dongxing Securities stock? Use our calculator to estimate your expected dividend yield:
Dongxing Securities Financial Ratios
Dongxing Securities Dividend FAQ
Other factors to consider when evaluating Dongxing Securities 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: Dongxing Securities'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, Dongxing Securities 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, Dongxing Securities 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 Dongxing Securities 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: Dongxing Securities 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, Dongxing Securities distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dongxing Securities 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 Dongxing Securities'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 Dongxing Securities'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.