Jiangsu Financial Leasing Co., Ltd., a non-bank financial institution, provides financial leasing services in China. It leases finance to energy industry, such as photovoltaic, wind power, thermal power, and energy storage power stations; environmental protection, such as air treatment, sewage treatment, solid and hazardous waste treatment, industrial energy saving, building energy saving, centralized cooling and heating, and other segmented fields; high-end industrial equipment; and information technology equipment, healthcare, urban public, and construction machinery industries, as well as provides auto finance. The company was formerly known as Jiangsu Provincial Leasing Co., Ltd. and changed its name to Jiangsu Financial Leasing Co., Ltd. in April 2003. Jiangsu Financial Leasing Co., Ltd. was founded in 1985 and is based in Nanjing, China.
Jiangsu Financial Leasing Dividend Announcement
• Jiangsu Financial Leasing announced a annually dividend of ¥0.32 per ordinary share which will be made payable on 2024-06-14. Ex dividend date: 2024-06-14
• Jiangsu Financial Leasing annual dividend for 2024 was ¥0.32
• Jiangsu Financial Leasing annual dividend for 2023 was ¥0.49
• Jiangsu Financial Leasing's trailing twelve-month (TTM) dividend yield is 6.13%
• Jiangsu Financial Leasing's payout ratio for the trailing twelve months (TTM) is 93.80%
• Jiangsu Financial Leasing's dividend growth over the last five years (2018-2023) was 32.50% year
Jiangsu Financial Leasing Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-14 | ¥0.32 | annually | 2024-06-14 |
2023-06-29 | ¥0.49 | annually | 2023-06-29 |
2022-05-30 | ¥0.35 | annually | 2022-05-30 |
2021-05-11 | ¥0.30 | annually | 2021-05-11 |
2020-06-22 | ¥0.24 | annually | 2020-06-22 |
2019-06-24 | ¥0.20 | annually | 2019-06-24 |
2018-06-14 | ¥0.12 | annually | 2018-06-14 |
Jiangsu Financial Leasing Dividend per year
Jiangsu Financial Leasing Dividend growth
Jiangsu Financial Leasing Dividend Yield
Jiangsu Financial Leasing current trailing twelve-month (TTM) dividend yield is 6.13%. Interested in purchasing Jiangsu Financial Leasing stock? Use our calculator to estimate your expected dividend yield:
Jiangsu Financial Leasing Financial Ratios
Jiangsu Financial Leasing Dividend FAQ
Other factors to consider when evaluating Jiangsu Financial Leasing 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: Jiangsu Financial Leasing'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, Jiangsu Financial Leasing 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, Jiangsu Financial Leasing 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 Jiangsu Financial Leasing 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: Jiangsu Financial Leasing 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, Jiangsu Financial Leasing distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jiangsu Financial Leasing 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 Jiangsu Financial Leasing'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 Jiangsu Financial Leasing'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.