Ningbo Zhoushan Port Company Limited operates as a container ocean trunk port. Its terminal functions include container terminal facilities; iron ore professional terminal; crude oil terminal; liquid chemical raw material collection and drainage base; coal transfer, storage, and transportation base; and cruise port terminal services. The company also offers port services, such as pilotage, container ship tally, container loading and unpacking, cargo measurement, easy-to-fluidize solid bulk cargo sampling, and cargo damage and container inspection services. In addition, it provides sea-rail transport logistics, domestic trade, shipping agency, port area freight forwarding, container logistics yard, railway liquefied product transportation and agency, cargo warehousing and full transportation, handling ship entry and exit procedures, contact arrangements for pilotage; signing bills of lading, and transportation contracts business. Further, the company handles customs declaration procedures for ships, containers, and goods; handles consignment and transit of goods and containers, and settlement and other projects; undertakes non-vessel operations; collects freight; and offers land bridge railway transportation, multimodal transportation, railway transit, export transportation, container rental, and other services. The company was formerly known as Ningbo Port Co., Ltd. and changed its name to Ningbo Zhoushan Port Company Limited in August 2016. Ningbo Zhoushan Port Company Limited was founded in 2008 and is based in Ningbo, China. Ningbo Zhoushan Port Company Limited is a subsidiary of Zhejiang Provincial Seaport Investment & Operation Group Co., Ltd.
Ningbo Zhoushan Port Dividend Announcement
• Ningbo Zhoushan Port announced a annually dividend of ¥0.09 per ordinary share which will be made payable on 2024-05-16. Ex dividend date: 2024-05-16
• Ningbo Zhoushan Port annual dividend for 2024 was ¥0.09
• Ningbo Zhoushan Port annual dividend for 2023 was ¥0.09
• Ningbo Zhoushan Port's trailing twelve-month (TTM) dividend yield is 2.42%
• Ningbo Zhoushan Port's payout ratio for the trailing twelve months (TTM) is 77.83%
• Ningbo Zhoushan Port's dividend growth over the last five years (2018-2023) was 3.01% year
Ningbo Zhoushan Port Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-16 | ¥0.09 | annually | 2024-05-16 |
2023-06-01 | ¥0.09 | annually | 2023-06-01 |
2022-05-19 | ¥0.09 | annually | 2022-05-19 |
2021-06-30 | ¥0.08 | annually | 2021-06-30 |
2020-07-08 | ¥0.10 | annually | 2020-07-08 |
2019-05-29 | ¥0.09 | annually | 2019-05-29 |
2018-06-07 | ¥0.07 | annually | 2018-06-07 |
2017-06-16 | ¥0.07 | annually | 2017-06-16 |
2016-06-08 | ¥0.09 | annually | |
2015-05-22 | ¥0.08 | annually | |
2014-06-26 | ¥0.08 | annually | |
2013-06-19 | ¥0.09 | annually |
Ningbo Zhoushan Port Dividend per year
Ningbo Zhoushan Port Dividend growth
Ningbo Zhoushan Port Dividend Yield
Ningbo Zhoushan Port current trailing twelve-month (TTM) dividend yield is 2.42%. Interested in purchasing Ningbo Zhoushan Port stock? Use our calculator to estimate your expected dividend yield:
Ningbo Zhoushan Port Financial Ratios
Ningbo Zhoushan Port Dividend FAQ
Other factors to consider when evaluating Ningbo Zhoushan Port 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: Ningbo Zhoushan Port'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, Ningbo Zhoushan Port 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, Ningbo Zhoushan Port 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 Ningbo Zhoushan Port 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: Ningbo Zhoushan Port 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, Ningbo Zhoushan Port distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ningbo Zhoushan Port 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 Ningbo Zhoushan Port'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 Ningbo Zhoushan Port'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.