Gansu Shangfeng Cement Co.,Ltd manufactures and sells cement and building materials in China. The company offers ordinary Portland, road, and oil well cement under the Shangfeng brand name; cement clinkers; slag powder; aggregates; and concrete series products. It is also involved in logistics, solid waste disposal and processing, and real estate development businesses. The company was formerly known as Baiyin Copper Commercial Building (Group) Co., Ltd. and changed its name to Gansu Shangfeng Cement Co.,Ltd in April 2013. Gansu Shangfeng Cement Co.,Ltd was founded in 1978 and is based in Hangzhou, China.
Gansu Shangfeng Cement Dividend Announcement
• Gansu Shangfeng Cement announced a annually dividend of ¥0.40 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-07
• Gansu Shangfeng Cement annual dividend for 2024 was ¥0.40
• Gansu Shangfeng Cement annual dividend for 2023 was ¥0.35
• Gansu Shangfeng Cement's trailing twelve-month (TTM) dividend yield is 4.96%
• Gansu Shangfeng Cement's payout ratio for the trailing twelve months (TTM) is 185.09%
• Gansu Shangfeng Cement's dividend growth over the last five years (2018-2023) was 28.47% year
Gansu Shangfeng Cement Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-07 | ¥0.40 | annually | 2024-06-07 |
2023-05-23 | ¥0.35 | annually | 2023-05-23 |
2022-05-30 | ¥0.80 | annually | 2022-05-30 |
2021-05-31 | ¥0.85 | annually | 2021-05-31 |
2020-05-18 | ¥0.90 | annually | 2020-05-18 |
2019-05-20 | ¥0.40 | annually | 2019-05-20 |
2018-05-29 | ¥0.10 | annually | 2018-05-29 |
2017-06-12 | ¥0.03 | annually | 2017-06-12 |
2016-06-21 | ¥0.03 | annually | |
2015-07-14 | ¥0.05 | annually | |
2014-09-23 | ¥0.11 | annually | |
2002-06-28 | ¥0.03 | annually |
Gansu Shangfeng Cement Dividend per year
Gansu Shangfeng Cement Dividend growth
Gansu Shangfeng Cement Dividend Yield
Gansu Shangfeng Cement current trailing twelve-month (TTM) dividend yield is 4.96%. Interested in purchasing Gansu Shangfeng Cement stock? Use our calculator to estimate your expected dividend yield:
Gansu Shangfeng Cement Financial Ratios
Gansu Shangfeng Cement Dividend FAQ
Other factors to consider when evaluating Gansu Shangfeng Cement 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: Gansu Shangfeng Cement'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, Gansu Shangfeng Cement 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, Gansu Shangfeng Cement 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 Gansu Shangfeng Cement 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: Gansu Shangfeng Cement 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, Gansu Shangfeng Cement distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Gansu Shangfeng Cement 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 Gansu Shangfeng Cement'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 Gansu Shangfeng Cement'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.