Shandong Hi-speed Company Limited engages in the investment, operation, and management of toll roads, bridges, and tunnel infrastructures in China. The company operates and manages a total of approximately 2,575 kilometers of roads and bridges. It is also involved in the investment in industries relating to the expressway, value chains, finance, environmental protection, and other industries. The company was formerly known as Shandong Expressway Company Limited and changed its name to Shandong Hi-speed Company Limited in April 2012. The company was founded in 1999 and is headquartered in Jinan, China. Shandong Hi-speed Company Limited is a subsidiary of Shandong Hi-speed Group Co.,Ltd.
Shandong Hi-speed China Dividend Announcement
• Shandong Hi-speed China announced a annually dividend of ¥0.42 per ordinary share which will be made payable on 2024-06-25. Ex dividend date: 2024-06-25
• Shandong Hi-speed China annual dividend for 2024 was ¥0.42
• Shandong Hi-speed China annual dividend for 2023 was ¥0.40
• Shandong Hi-speed China's trailing twelve-month (TTM) dividend yield is 4.61%
• Shandong Hi-speed China's payout ratio for the trailing twelve months (TTM) is 178.83%
• Shandong Hi-speed China's dividend growth over the last five years (2018-2023) was 17.58% year
• Shandong Hi-speed China's dividend growth over the last ten years (2013-2023) was 12.25% year
Shandong Hi-speed China Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-25 | ¥0.42 | annually | 2024-06-25 |
2023-06-15 | ¥0.40 | annually | 2023-06-15 |
2022-06-15 | ¥0.40 | annually | 2022-06-15 |
2021-08-10 | ¥0.38 | annually | 2021-08-10 |
2020-07-10 | ¥0.38 | annually | 2020-07-10 |
2019-08-15 | ¥0.22 | annually | 2019-08-15 |
2018-06-15 | ¥0.18 | annually | 2018-06-15 |
2017-07-14 | ¥0.20 | annually | 2017-07-14 |
2016-07-14 | ¥0.18 | annually | |
2015-07-14 | ¥0.19 | annually | |
2014-07-04 | ¥0.15 | annually | |
2013-07-23 | ¥0.13 | annually |
Shandong Hi-speed China Dividend per year
Shandong Hi-speed China Dividend growth
Shandong Hi-speed China Dividend Yield
Shandong Hi-speed China current trailing twelve-month (TTM) dividend yield is 4.61%. Interested in purchasing Shandong Hi-speed China stock? Use our calculator to estimate your expected dividend yield:
Shandong Hi-speed China Financial Ratios
Shandong Hi-speed China Dividend FAQ
Other factors to consider when evaluating Shandong Hi-speed China 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: Shandong Hi-speed China'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, Shandong Hi-speed China 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, Shandong Hi-speed China 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 Shandong Hi-speed China 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: Shandong Hi-speed China 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, Shandong Hi-speed China distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shandong Hi-speed China 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 Shandong Hi-speed China'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 Shandong Hi-speed China'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.