Guangshen Railway Company Limited engages in the railway passenger and freight transportation businesses in the People's Republic of China. Its passenger transportation services include the operation of Guangzhou-Shenzhen inter-city express trains, long-distance trains, and Guangzhou-Hong Kong city through trains. The company's freight transportation services comprise the transportation of full load and single load cargos, containers, bulky and heavy cargo, dangerous goods, perishable goods, and oversized cargos. It also provides railway network usage services; and other transportation-related services, such as railway operation, locomotive and passenger car leasing, passenger service, and luggage transportation services, as well as sells food, beverages, and merchandise on board the trains and in railway stations. In addition, the company is involved in the train repair, on-board catering, materials and supplies sale, goods sale, cargo loading and unloading, and other businesses related to railway transportation. Further, it offers warehousing, hotel management, and real estate construction services. The company was incorporated in 1996 and is based in Shenzhen, the People's Republic of China.
Guangshen Railway Dividend Announcement
• Guangshen Railway announced a annually dividend of $0.01 per ordinary share which will be made payable on 2024-08-16. Ex dividend date: 2024-06-24
• Guangshen Railway annual dividend for 2024 was $0.01
• Guangshen Railway's trailing twelve-month (TTM) dividend yield is 0.62%
• Guangshen Railway's payout ratio for the trailing twelve months (TTM) is 1.51%
Guangshen Railway Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-24 | $0.01 | annually | 2024-08-16 |
2020-06-22 | $0.01 | annually | 2020-08-14 |
2019-06-19 | $0.01 | annually | 2019-08-12 |
2018-06-13 | $0.02 | annually | 2018-08-05 |
2017-06-21 | $0.01 | annually | 2017-08-14 |
2016-06-01 | $0.01 | annually | |
2014-06-04 | $0.02 | annually | |
2013-05-28 | $0.02 | annually |
Guangshen Railway Dividend per year
Guangshen Railway Dividend growth
Guangshen Railway Dividend Yield
Guangshen Railway current trailing twelve-month (TTM) dividend yield is 0.62%. Interested in purchasing Guangshen Railway stock? Use our calculator to estimate your expected dividend yield:
Guangshen Railway Financial Ratios
Guangshen Railway Dividend FAQ
Other factors to consider when evaluating Guangshen Railway 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: Guangshen Railway'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, Guangshen Railway 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, Guangshen Railway 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 Guangshen Railway 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: Guangshen Railway 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, Guangshen Railway distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Guangshen Railway 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 Guangshen Railway'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 Guangshen Railway'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.