Ningxia Qinglong Pipes Industry Group Co., Ltd. designs, manufactures, and sells concrete pressure water transmission pipes in China. The company's products include prestressed concrete steel cylinder pipes, rebar wound concrete steel cylinder pressure pipes, prestressed concrete pipes, and reinforced concrete drainage pipes; impact-resistant modified and unplasticized polyvinyl chloride pipes for water supply; steel mesh skeleton plastic composite pipes; and PE-RTII heat-resistant polyethylene heating pipes. It also provides buried high density polyethylene piping systems for gas; intelligent water saving irrigation systems; ductile iron pipes; and urban underground pipes. The company was formerly known as Ningxia Qinglong Pipes Industry Co.,LTD. and changed its name to Ningxia Qinglong Pipes Industry Group Co., Ltd. in February 2020. Ningxia Qinglong Pipes Industry Group Co., Ltd. was founded in 1974 and is based in Yinchuan, China.
Ningxia Qinglong Pipes Industry Dividend Announcement
• Ningxia Qinglong Pipes Industry announced a semi annually dividend of ¥0.09 per ordinary share which will be made payable on 2024-08-29. Ex dividend date: 2024-08-29
• Ningxia Qinglong Pipes Industry annual dividend for 2024 was ¥0.18
• Ningxia Qinglong Pipes Industry annual dividend for 2023 was ¥0.20
• Ningxia Qinglong Pipes Industry's trailing twelve-month (TTM) dividend yield is 1.36%
• Ningxia Qinglong Pipes Industry's payout ratio for the trailing twelve months (TTM) is 100.15%
• Ningxia Qinglong Pipes Industry's dividend growth over the last five years (2018-2023) was 14.87% year
• Ningxia Qinglong Pipes Industry's dividend growth over the last ten years (2013-2023) was 20.89% year
Ningxia Qinglong Pipes Industry Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-29 | ¥0.09 | semi annually | 2024-08-29 |
2024-05-14 | ¥0.09 | semi annually | 2024-05-14 |
2023-05-04 | ¥0.20 | semi annually | 2023-05-04 |
2022-04-28 | ¥0.18 | semi annually | 2022-04-28 |
2021-05-27 | ¥0.18 | semi annually | 2021-05-27 |
2020-05-29 | ¥0.15 | semi annually | 2020-05-29 |
2019-05-29 | ¥0.10 | semi annually | 2019-05-29 |
2018-05-22 | ¥0.10 | semi annually | 2018-05-22 |
2017-05-24 | ¥0.01 | semi annually | 2017-05-24 |
2016-05-16 | ¥0.01 | semi annually | |
2015-05-20 | ¥0.02 | semi annually | |
2014-06-24 | ¥0.05 | semi annually | |
2013-05-30 | ¥0.03 | semi annually |
Ningxia Qinglong Pipes Industry Dividend per year
Ningxia Qinglong Pipes Industry Dividend growth
Ningxia Qinglong Pipes Industry Dividend Yield
Ningxia Qinglong Pipes Industry current trailing twelve-month (TTM) dividend yield is 1.36%. Interested in purchasing Ningxia Qinglong Pipes Industry stock? Use our calculator to estimate your expected dividend yield:
Ningxia Qinglong Pipes Industry Financial Ratios
Ningxia Qinglong Pipes Industry Dividend FAQ
Other factors to consider when evaluating Ningxia Qinglong Pipes Industry 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: Ningxia Qinglong Pipes Industry'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, Ningxia Qinglong Pipes Industry 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, Ningxia Qinglong Pipes Industry 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 Ningxia Qinglong Pipes Industry 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: Ningxia Qinglong Pipes Industry 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, Ningxia Qinglong Pipes Industry distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ningxia Qinglong Pipes Industry 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 Ningxia Qinglong Pipes Industry'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 Ningxia Qinglong Pipes Industry'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.