Jiangxi Ganyue Expressway CO.,LTD., together with its subsidiaries, operates and manages expressways in China. It operates and manages 800 kilometers of expressways connecting Changjiu, Changzhang, Changtai, Jiujing, Wenhou, Penghu, Changfeng, and Fenghuang. The company also provides highway mechanical and electrical engineering construction, operation, and maintenance services. In addition, it engages in the refined oil sales and real estate businesses; and research and development of mechanical and electrical products, such as cover roads, tunnels, bridges toll systems, monitoring systems, and traffic safety facilities for transportation and application software. The company was founded in 1998 and is based in Nanchang, China.
Jiangxi Ganyue Expressway Dividend Announcement
• Jiangxi Ganyue Expressway announced a annually dividend of ¥0.16 per ordinary share which will be made payable on 2024-07-18. Ex dividend date: 2024-07-18
• Jiangxi Ganyue Expressway annual dividend for 2024 was ¥0.16
• Jiangxi Ganyue Expressway annual dividend for 2023 was ¥0.10
• Jiangxi Ganyue Expressway's trailing twelve-month (TTM) dividend yield is 3.07%
• Jiangxi Ganyue Expressway's payout ratio for the trailing twelve months (TTM) is 66.10%
• Jiangxi Ganyue Expressway's dividend growth over the last five years (2018-2023) was -10.07% year
• Jiangxi Ganyue Expressway's dividend growth over the last ten years (2013-2023) was -4.04% year
Jiangxi Ganyue Expressway Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-18 | ¥0.16 | annually | 2024-07-18 |
2023-08-25 | ¥0.10 | annually | 2023-08-25 |
2022-07-22 | ¥0.12 | annually | 2022-07-22 |
2021-05-14 | ¥0.20 | annually | 2021-05-14 |
2020-07-16 | ¥0.15 | annually | 2020-07-16 |
2019-06-13 | ¥0.10 | annually | 2019-06-13 |
2018-08-03 | ¥0.17 | annually | 2018-08-03 |
2017-05-25 | ¥0.15 | annually | 2017-05-25 |
2016-05-25 | ¥0.15 | annually | |
2015-06-05 | ¥0.10 | annually | |
2014-07-11 | ¥0.09 | annually | |
2013-07-01 | ¥0.15 | annually |
Jiangxi Ganyue Expressway Dividend per year
Jiangxi Ganyue Expressway Dividend growth
Jiangxi Ganyue Expressway Dividend Yield
Jiangxi Ganyue Expressway current trailing twelve-month (TTM) dividend yield is 3.07%. Interested in purchasing Jiangxi Ganyue Expressway stock? Use our calculator to estimate your expected dividend yield:
Jiangxi Ganyue Expressway Financial Ratios
Jiangxi Ganyue Expressway Dividend FAQ
Other factors to consider when evaluating Jiangxi Ganyue Expressway 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: Jiangxi Ganyue Expressway'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, Jiangxi Ganyue Expressway 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, Jiangxi Ganyue Expressway 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 Jiangxi Ganyue Expressway 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: Jiangxi Ganyue Expressway 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, Jiangxi Ganyue Expressway distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jiangxi Ganyue Expressway 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 Jiangxi Ganyue Expressway'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 Jiangxi Ganyue Expressway'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.