Runjian Co., Ltd., a communication technology service company, engages in the communication network construction and maintenance business in China. The company offers communication network engineering, design, construction, and operation and management services; and information technology and communication integration, and cloud and data center services. It also engages in the building, operation, and maintenance of the telecom infrastructure network to the development and operation of various supporting platforms and application systems for smart education, agriculture, transportation, and policing systems, as well as for training program platform. In addition, the company offers AI and big data services, high tech business solutions, smart city resource management, smart platforms, 5G and Internet of Things, and ERP integrated solutions, as well as power equipment. Further, it provides power engineering construction and installation services. The company was formerly known as Runjian Communication Co., Ltd. and changed its name to Runjian Co., Ltd. in April 2019. The company was founded in 2003 and is headquartered in Guangzhou, China.
Runjian Dividend Announcement
• Runjian announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-07-17. Ex dividend date: 2024-07-17
• Runjian annual dividend for 2024 was ¥0.25
• Runjian annual dividend for 2023 was ¥0.25
• Runjian's trailing twelve-month (TTM) dividend yield is 0.86%
• Runjian's payout ratio for the trailing twelve months (TTM) is 17.31%
• Runjian's dividend growth over the last five years (2018-2023) was 15.81% year
Runjian Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-17 | ¥0.25 | annually | 2024-07-17 |
2023-06-14 | ¥0.25 | annually | 2023-06-14 |
2022-07-11 | ¥0.20 | annually | 2022-07-11 |
2021-06-07 | ¥0.15 | annually | 2021-06-07 |
2020-07-06 | ¥0.12 | annually | 2020-07-06 |
2019-07-10 | ¥0.12 | annually | 2019-07-10 |
2018-07-17 | ¥0.12 | annually | 2018-07-17 |
Runjian Dividend per year
Runjian Dividend growth
Runjian Dividend Yield
Runjian current trailing twelve-month (TTM) dividend yield is 0.86%. Interested in purchasing Runjian stock? Use our calculator to estimate your expected dividend yield:
Runjian Financial Ratios
Runjian Dividend FAQ
Other factors to consider when evaluating Runjian 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: Runjian'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, Runjian 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, Runjian 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 Runjian 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: Runjian 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, Runjian distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Runjian 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 Runjian'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 Runjian'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.