Heilongjiang Transport Development Co., Ltd., together with its subsidiaries, engages in the investment, development, construction, operation, and management of toll roads in China. The company primarily operates and manages Harbin-Dalian expressway with a total length of 132.664 kilometers. It also provides taxi services; develops and operates real estate properties; invests in, manages, and operates gas stations and service centers, as well as leases expressways billboards; and manufactures and sells plastic pipes, pipe fittings, and pipeline products. The company was incorporated in 2010 and is based in Harbin, China.
Heilongjiang Transport Development Dividend Announcement
• Heilongjiang Transport Development announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2024-06-25. Ex dividend date: 2024-06-25
• Heilongjiang Transport Development annual dividend for 2024 was ¥0.06
• Heilongjiang Transport Development annual dividend for 2023 was ¥0.06
• Heilongjiang Transport Development's trailing twelve-month (TTM) dividend yield is 1.73%
• Heilongjiang Transport Development's payout ratio for the trailing twelve months (TTM) is 150.65%
• Heilongjiang Transport Development's dividend growth over the last five years (2018-2023) was -6.79% year
• Heilongjiang Transport Development's dividend growth over the last ten years (2013-2023) was 17.88% year
Heilongjiang Transport Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-25 | ¥0.06 | annually | 2024-06-25 |
2023-07-17 | ¥0.06 | annually | 2023-07-17 |
2022-07-22 | ¥0.08 | annually | 2022-07-22 |
2021-05-20 | ¥0.05 | annually | 2021-05-20 |
2020-06-10 | ¥0.16 | annually | 2020-06-10 |
2019-07-18 | ¥0.07 | annually | 2019-07-18 |
2018-07-31 | ¥0.08 | annually | 2018-07-31 |
2017-08-23 | ¥0.07 | annually | 2017-08-23 |
2016-07-21 | ¥0.06 | annually | |
2015-07-16 | ¥0.07 | annually | |
2014-07-22 | ¥0.06 | annually | |
2013-05-24 | ¥0.01 | annually |
Heilongjiang Transport Development Dividend per year
Heilongjiang Transport Development Dividend growth
Heilongjiang Transport Development Dividend Yield
Heilongjiang Transport Development current trailing twelve-month (TTM) dividend yield is 1.73%. Interested in purchasing Heilongjiang Transport Development stock? Use our calculator to estimate your expected dividend yield:
Heilongjiang Transport Development Financial Ratios
Heilongjiang Transport Development Dividend FAQ
Other factors to consider when evaluating Heilongjiang Transport Development 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: Heilongjiang Transport Development'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, Heilongjiang Transport Development 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, Heilongjiang Transport Development 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 Heilongjiang Transport Development 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: Heilongjiang Transport Development 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, Heilongjiang Transport Development distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Heilongjiang Transport Development 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 Heilongjiang Transport Development'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 Heilongjiang Transport Development'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.