Nanjing Shenghang Shipping Co., Ltd. engages in the transportation for oils and liquid bulk-chemicals in coastal and river ports in China and internationally. It owns and operates 18 vessels. The company was founded in 1994 and is based in Nanjing, the People's Republic of China.
Nanjing ShengHang Shipping Dividend Announcement
• Nanjing ShengHang Shipping announced a annually dividend of ¥0.12 per ordinary share which will be made payable on 2024-06-04. Ex dividend date: 2024-06-04 • Nanjing ShengHang Shipping annual dividend for 2024 was ¥0.12 • Nanjing ShengHang Shipping annual dividend for 2023 was ¥0.10 • Nanjing ShengHang Shipping's trailing twelve-month (TTM) dividend yield is 0.59% • Nanjing ShengHang Shipping's payout ratio for the trailing twelve months (TTM) is 39.52%
Nanjing ShengHang Shipping current trailing twelve-month (TTM) dividend yield is 0.59%. Interested in purchasing Nanjing ShengHang Shipping stock? Use our calculator to estimate your expected dividend yield:
Nanjing ShengHang Shipping Financial Ratios
P/E ratio17.18
PEG ratio9.71
P/B ratio1.92
ROE11.49%
Payout ratio39.52%
Current ratio0.52
Quick ratio0.46
Cash Ratio0.21
Nanjing ShengHang Shipping Dividend FAQ
How much is the next Nanjing ShengHang Shipping dividend?
Nanjing ShengHang Shipping's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Nanjing ShengHang Shipping dividend. The next Nanjing ShengHang Shipping dividend will be released in April.
When is Nanjing ShengHang Shipping dividend paid?
Nanjing ShengHang Shipping pays dividends on a annually basis. The specific dates may vary each year but are generally around April. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Nanjing ShengHang Shipping pay?
The specific amount of Nanjing ShengHang Shipping dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Nanjing ShengHang Shipping's dividend history.
Does Nanjing ShengHang Shipping stock pay dividends?
Yes, Nanjing ShengHang Shipping does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Nanjing ShengHang Shipping's dividend history.
How much dividend does Nanjing ShengHang Shipping pay?
Nanjing ShengHang Shipping paid ¥0.12 in 2024, ¥0.1 in 2023, ¥0.182 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Nanjing ShengHang Shipping pay dividends?
Nanjing ShengHang Shipping typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around April.
What is Nanjing ShengHang Shipping's dividend yield?
The current dividend yield for Nanjing ShengHang Shipping is 0.59%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Nanjing ShengHang Shipping's exact dividend yield.
When does Nanjing ShengHang Shipping go ex dividend?
Nanjing ShengHang Shipping's ex-dividend date for the latest dividend was on 2024-06-04. Nanjing ShengHang Shipping typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Nanjing ShengHang Shipping dividend paid?
Nanjing ShengHang Shipping pays dividends on a annually basis, typically around April, but the exact dates can vary each year.
Will Nanjing ShengHang Shipping increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Nanjing ShengHang Shipping will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Nanjing ShengHang Shipping dividend per share?
Nanjing ShengHang Shipping paid ¥0.12 per share in 2024 and ¥0.1 per share in 2023. The amount of dividend per share that Nanjing ShengHang Shipping pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Nanjing ShengHang Shipping a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Nanjing ShengHang Shipping a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Nanjing ShengHang Shipping a dividend stock?
Yes, Nanjing ShengHang Shipping is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Nanjing ShengHang Shipping a good dividend stock?
Whether Nanjing ShengHang Shipping is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Nanjing ShengHang Shipping has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Nanjing ShengHang Shipping 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.
Does Nanjing ShengHang Shipping pay dividends monthly?
Nanjing ShengHang Shipping typically pays dividends on a annually basis.
Does Nanjing ShengHang Shipping pay dividends quarterly?
Nanjing ShengHang Shipping currently pays dividends on a annually basis.
Has Nanjing ShengHang Shipping ever paid a dividend?
Yes, Nanjing ShengHang Shipping has a history of paying dividends to its shareholders. Nanjing ShengHang Shipping is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Nanjing ShengHang Shipping dividend stocks?
To buy Nanjing ShengHang Shipping you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Nanjing ShengHang Shipping stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Nanjing ShengHang Shipping pay dividends 2024?
Nanjing ShengHang Shipping pays dividends on a annually basis. 2024 dividend payments are in 2024-06-04. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Nanjing ShengHang Shipping increase its dividend in 2024?
Decisions regarding Nanjing ShengHang Shipping dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Nanjing ShengHang Shipping dividend overview you can look into the above table of dividend history.
How Nanjing ShengHang Shipping dividend works?
The Nanjing ShengHang Shipping dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Nanjing ShengHang Shipping's dividend process works:
1. Determination of Dividend: Nanjing ShengHang Shipping'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, Nanjing ShengHang Shipping 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, Nanjing ShengHang Shipping 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 Nanjing ShengHang Shipping 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.
How are Nanjing ShengHang Shipping dividends paid?
Nanjing ShengHang Shipping dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Nanjing ShengHang Shipping 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, Nanjing ShengHang Shipping distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nanjing ShengHang Shipping 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.
How many times does Nanjing ShengHang Shipping pay dividends?
Nanjing ShengHang Shipping typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Nanjing ShengHang Shipping pay dividends?
The general pattern is that Nanjing ShengHang Shipping pays dividends around April. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Nanjing ShengHang Shipping dividend safe?
The safety of Nanjing ShengHang Shipping's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Nanjing ShengHang Shipping'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 Nanjing ShengHang Shipping'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.