Guangdong Hongda Holdings Group Co., Ltd. provides mining and civil explosion services in China. The company operates through three segments: Mining Engineering Services; Production and Sales of Civilian Blasting Equipment; and Production and Sales of Defense Equipment. It offers open pit and underground mining services; defense equipment; and others, as well as sells civil explosive equipment. The company also produces and sells ammonium oil and emulsion explosives; explosives and detonators; sells electromechanical and chemical products; and designs and constructs blasting operations, as well as provides technology development, consulting, and transfer services; and non-metallic ore beneficiation and deep processing services. In addition, it is involved in the mine engineering construction general contracting, blasting and demolition engineering, mine management and green vegetation restoration, and general contracting of mining projects and housing construction projects activities, as well as investment operations, leasing business, marketing planning, and enterprise management activities. The company was formerly known as Guangdong Hongda Blasting Co., Ltd. and changed its name to Guangdong Hongda Holdings Group Co., Ltd. in January 2022. Guangdong Hongda Holdings Group Co., Ltd. was founded in 1988 and is headquartered in Guangzhou, China.
Guangdong Hongda Dividend Announcement
• Guangdong Hongda announced a semi annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-09-26
• Guangdong Hongda annual dividend for 2024 was ¥0.76
• Guangdong Hongda annual dividend for 2023 was ¥0.30
• Guangdong Hongda's trailing twelve-month (TTM) dividend yield is 2.69%
• Guangdong Hongda's payout ratio for the trailing twelve months (TTM) is 109.96%
• Guangdong Hongda's dividend growth over the last five years (2018-2023) was 24.57% year
• Guangdong Hongda's dividend growth over the last ten years (2013-2023) was -5.88% year
Guangdong Hongda Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-26 | ¥0.20 | semi annually | 2024-09-26 |
2024-05-10 | ¥0.56 | semi annually | 2024-05-10 |
2023-05-22 | ¥0.30 | semi annually | 2023-05-22 |
2022-06-08 | ¥0.30 | semi annually | 2022-06-08 |
2021-06-08 | ¥0.22 | semi annually | 2021-06-08 |
2020-07-03 | ¥0.20 | semi annually | 2020-07-03 |
2019-06-21 | ¥0.15 | semi annually | 2019-06-21 |
2018-06-20 | ¥0.10 | semi annually | 2018-06-20 |
2017-04-13 | ¥0.05 | semi annually | 2017-04-13 |
2016-05-17 | ¥0.05 | semi annually | |
2015-07-10 | ¥0.75 | semi annually | |
2014-05-19 | ¥0.75 | semi annually | |
2013-05-02 | ¥0.55 | semi annually |
Guangdong Hongda Dividend per year
Guangdong Hongda Dividend growth
Guangdong Hongda Dividend Yield
Guangdong Hongda current trailing twelve-month (TTM) dividend yield is 2.69%. Interested in purchasing Guangdong Hongda stock? Use our calculator to estimate your expected dividend yield:
Guangdong Hongda Financial Ratios
Guangdong Hongda Dividend FAQ
Other factors to consider when evaluating Guangdong Hongda 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: Guangdong Hongda'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, Guangdong Hongda 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, Guangdong Hongda 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 Guangdong Hongda 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: Guangdong Hongda 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, Guangdong Hongda distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Guangdong Hongda 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 Guangdong Hongda'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 Guangdong Hongda'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.