Orient International Enterprise, Ltd. engages in commodity trading and logistics businesses in China and internationally. It is involved in the import and export textile and garments comprising fabric, home textiles, knitted wear, shirts, T-shirts, jackets, etc. for men and women; medical equipment, IT and telecommunications products, and equipment sets; and steel and iron, coal, wood, chemical raw materials, wool, and cotton. The company also engages in shipping and transportation activities comprising container services, carriage of goods by sea, ship leasing, management, shipping agency, and other related services. In addition, it provides sea and air freight, warehousing, and other logistics services; and trades in a range of foodstuffs. The company is based in Shanghai, China. Orient International Enterprise, Ltd. is a subsidiary of Orient International (Holding) Co., Ltd.
Orient International Enterprise Dividend Announcement
• Orient International Enterprise announced a annually dividend of ¥0.09 per ordinary share which will be made payable on 2024-08-14. Ex dividend date: 2024-08-14
• Orient International Enterprise annual dividend for 2024 was ¥0.09
• Orient International Enterprise annual dividend for 2023 was ¥0.13
• Orient International Enterprise's trailing twelve-month (TTM) dividend yield is 1.23%
• Orient International Enterprise's payout ratio for the trailing twelve months (TTM) is 152.07%
• Orient International Enterprise's dividend growth over the last five years (2018-2023) was 4.73% year
• Orient International Enterprise's dividend growth over the last ten years (2013-2023) was 2.34% year
Orient International Enterprise Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-14 | ¥0.09 | annually | 2024-08-14 |
2023-07-28 | ¥0.13 | annually | 2023-07-28 |
2022-08-09 | ¥0.13 | annually | 2022-08-09 |
2021-07-27 | ¥0.09 | annually | 2021-07-27 |
2020-05-22 | ¥0.07 | annually | 2020-05-22 |
2019-06-27 | ¥0.09 | annually | 2019-06-27 |
2018-07-18 | ¥0.10 | annually | 2018-07-18 |
2017-07-14 | ¥0.09 | annually | 2017-07-14 |
2016-08-22 | ¥0.09 | annually | |
2015-07-31 | ¥0.08 | annually | |
2014-07-18 | ¥0.08 | annually | |
2013-06-17 | ¥0.10 | annually |
Orient International Enterprise Dividend per year
Orient International Enterprise Dividend growth
Orient International Enterprise Dividend Yield
Orient International Enterprise current trailing twelve-month (TTM) dividend yield is 1.23%. Interested in purchasing Orient International Enterprise stock? Use our calculator to estimate your expected dividend yield:
Orient International Enterprise Financial Ratios
Orient International Enterprise Dividend FAQ
Other factors to consider when evaluating Orient International Enterprise 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: Orient International Enterprise'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, Orient International Enterprise 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, Orient International Enterprise 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 Orient International Enterprise 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: Orient International Enterprise 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, Orient International Enterprise distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Orient International Enterprise 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 Orient International Enterprise'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 Orient International Enterprise'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.