Eastern Communications Co.,Ltd. engages in the enterprise network and information security businesses. It offers special network communication equipment and overall solutions in the field of emergency communication for government departments and enterprises and institutions; cash and non-cash smart self-service terminals; software and related maintenance services to banks, government agencies, and other service organizations; network optimization, software development, operation and maintenance services to telecom operators, ICT equipment suppliers, etc.; system integration and other solutions; and electronic product manufacturing, and science and technology park management services. In addition, the company provides PDT/TETRA wireless trunking communication series products; public-private integration trunking communication solutions; anti-telecommunications network fraud product lines and Internet risk control product lines, etc.; and private network communication and information security. Eastern Communications Co.,Ltd. was founded in 1958 and is based in Hangzhou, the People's Republic of China.
Eastern Communications Dividend Announcement
• Eastern Communications announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2024-08-05. Ex dividend date: 2024-08-05
• Eastern Communications annual dividend for 2024 was ¥0.06
• Eastern Communications annual dividend for 2023 was ¥0.06
• Eastern Communications's trailing twelve-month (TTM) dividend yield is 0.52%
• Eastern Communications's payout ratio for the trailing twelve months (TTM) is 48.72%
• Eastern Communications's dividend growth over the last five years (2018-2023) was -1.73% year
• Eastern Communications's dividend growth over the last ten years (2013-2023) was -3.68% year
Eastern Communications Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-05 | ¥0.06 | annually | 2024-08-05 |
2023-07-03 | ¥0.06 | annually | 2023-07-03 |
2022-07-07 | ¥0.04 | annually | 2022-07-07 |
2021-06-21 | ¥0.04 | annually | 2021-06-21 |
2020-06-18 | ¥0.04 | annually | 2020-06-18 |
2019-07-18 | ¥0.06 | annually | 2019-07-18 |
2018-07-17 | ¥0.06 | annually | 2018-07-17 |
2017-07-11 | ¥0.06 | annually | 2017-07-11 |
2016-06-22 | ¥0.06 | annually | |
2015-08-13 | ¥0.06 | annually | |
2014-07-09 | ¥0.06 | annually | |
2013-07-08 | ¥0.08 | annually |
Eastern Communications Dividend per year
Eastern Communications Dividend growth
Eastern Communications Dividend Yield
Eastern Communications current trailing twelve-month (TTM) dividend yield is 0.52%. Interested in purchasing Eastern Communications stock? Use our calculator to estimate your expected dividend yield:
Eastern Communications Financial Ratios
Eastern Communications Dividend FAQ
Other factors to consider when evaluating Eastern Communications 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: Eastern Communications'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, Eastern Communications 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, Eastern Communications 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 Eastern Communications 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: Eastern Communications 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, Eastern Communications distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Eastern Communications 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 Eastern Communications'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 Eastern Communications'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.