Shaanxi Construction Engineering Group Co.,ltd., through its subsidiaries, engages in general engineering construction business in China and internationally. It undertakes the general contracting of municipal public, petrochemical, highway, decoration, ancient building landscaping, urban rail transit, and other projects. The company is also involved in the production and installation of steel structures; production and distribution of commercial mixed concrete; research and development, and production of boilers; provision of logistics and distribution services; and development and construction of real estate properties. In addition, it engages in product sales, medical, healthcare, education, tourism, hotel management, and other businesses. The company was founded in 1986 and is based in Xi'an, China. Shaanxi Construction Engineering Group Co.,ltd. operates as a subsidiary of Top International Engineering Corporation.
Shaanxi Construction Engineering Dividend Announcement
• Shaanxi Construction Engineering announced a semi annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-10-23. Ex dividend date: 2024-10-23
• Shaanxi Construction Engineering annual dividend for 2024 was ¥0.20
• Shaanxi Construction Engineering annual dividend for 2023 was ¥0.10
• Shaanxi Construction Engineering's trailing twelve-month (TTM) dividend yield is 5.34%
• Shaanxi Construction Engineering's payout ratio for the trailing twelve months (TTM) is 41.19%
• Shaanxi Construction Engineering's dividend growth over the last five years (2018-2023) was 14.87% year
• Shaanxi Construction Engineering's dividend growth over the last ten years (2013-2023) was 2.66% year
Shaanxi Construction Engineering Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-23 | ¥0.05 | semi annually | 2024-10-23 |
2024-07-19 | ¥0.15 | semi annually | 2024-07-19 |
2023-06-28 | ¥0.10 | semi annually | 2023-06-28 |
2022-06-30 | ¥0.11 | semi annually | 2022-06-30 |
2021-07-05 | ¥0.06 | semi annually | 2021-07-05 |
2020-07-10 | ¥0.02 | semi annually | 2020-07-10 |
2019-07-11 | ¥0.10 | semi annually | 2019-07-11 |
2018-06-22 | ¥0.05 | semi annually | 2018-06-22 |
2017-06-21 | ¥0.02 | semi annually | 2017-06-21 |
2016-06-07 | ¥0.04 | semi annually | |
2015-06-10 | ¥0.04 | semi annually | |
2014-09-29 | ¥0.09 | semi annually | |
2013-09-16 | ¥0.08 | semi annually |
Shaanxi Construction Engineering Dividend per year
Shaanxi Construction Engineering Dividend growth
Shaanxi Construction Engineering Dividend Yield
Shaanxi Construction Engineering current trailing twelve-month (TTM) dividend yield is 5.34%. Interested in purchasing Shaanxi Construction Engineering stock? Use our calculator to estimate your expected dividend yield:
Shaanxi Construction Engineering Financial Ratios
Shaanxi Construction Engineering Dividend FAQ
Other factors to consider when evaluating Shaanxi Construction Engineering 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: Shaanxi Construction Engineering'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, Shaanxi Construction Engineering 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, Shaanxi Construction Engineering 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 Shaanxi Construction Engineering 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: Shaanxi Construction Engineering 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, Shaanxi Construction Engineering distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shaanxi Construction Engineering 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 Shaanxi Construction Engineering'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 Shaanxi Construction Engineering'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.