SAIC Motor Corporation Limited researches and develops, produces, and sells passenger and commercial vehicles in the People's Republic of China and internationally. Its auto parts and components include power drive systems; chassis; interior and exterior trims; and components and smart product systems for new energy vehicles, such as batteries, electric drives, and electronic controls. The company also provides logistics and transportation services, mobility services, automobile life-support services, energy-saving and charging service, etc.; chargers, photovoltaic power generators, hazardous waste disposal services, and power battery recycling solutions; and engages in the auto finance, corporate finance, insurance sales, and investment businesses. In addition, it engages in the research and development of automobiles; manufacture and sale of automobile transmissions, electricity-controlled burning oil products, engineering machinery facilities, and diesel engines and spare parts; equity and venture capital investment, industrial consulting and investment, asset and investment management, storage and consulting service, network technology, etc.; manufacturing and processing of machinery; real estate development and operation, and property management; and development, operation, leasing, and property and investment management of industrial workshops and supporting facilities. Further, the company offers sales and after-sales services; marketing, warehouse, and logistics services for automobiles; property management and innovation services, etc.; insurance agency, hospitality, beverage, and catering services; publishing and distribution services; automobile electronic systems and components; hardware and electricity components; building materials; and sells vehicles, electromechanical products, etc. The company is based in Shanghai, the People's Republic of China. SAIC Motor Corporation Limited is a subsidiary of Shanghai Automotive Industry Corporation (Group).
SAIC Motor Dividend Announcement
• SAIC Motor announced a annually dividend of ¥0.37 per ordinary share which will be made payable on 2024-08-16. Ex dividend date: 2024-08-16
• SAIC Motor annual dividend for 2024 was ¥0.37
• SAIC Motor annual dividend for 2023 was ¥0.34
• SAIC Motor's trailing twelve-month (TTM) dividend yield is 2.81%
• SAIC Motor's payout ratio for the trailing twelve months (TTM) is 111.40%
• SAIC Motor's dividend growth over the last five years (2018-2023) was -28.70% year
• SAIC Motor's dividend growth over the last ten years (2013-2023) was -5.60% year
SAIC Motor Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-16 | ¥0.37 | annually | 2024-08-16 |
2023-07-19 | ¥0.34 | annually | 2023-07-19 |
2022-07-15 | ¥0.68 | annually | 2022-07-15 |
2021-07-30 | ¥0.62 | annually | 2021-07-30 |
2020-06-30 | ¥0.88 | annually | 2020-06-30 |
2019-07-12 | ¥1.26 | annually | 2019-07-12 |
2018-07-17 | ¥1.83 | annually | 2018-07-17 |
2017-06-16 | ¥1.65 | annually | 2017-06-16 |
2016-07-08 | ¥1.36 | annually | |
2015-07-22 | ¥1.30 | annually | |
2014-07-30 | ¥1.20 | annually | |
2013-07-11 | ¥0.60 | annually |
SAIC Motor Dividend per year
SAIC Motor Dividend growth
SAIC Motor Dividend Yield
SAIC Motor current trailing twelve-month (TTM) dividend yield is 2.81%. Interested in purchasing SAIC Motor stock? Use our calculator to estimate your expected dividend yield:
SAIC Motor Financial Ratios
SAIC Motor Dividend FAQ
Other factors to consider when evaluating SAIC Motor 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: SAIC Motor'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, SAIC Motor 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, SAIC Motor 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 SAIC Motor 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: SAIC Motor 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, SAIC Motor distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SAIC Motor 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 SAIC Motor'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 SAIC Motor'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.