Shanghai Ace Investment & Development Co., Ltd. engages in the supply chain logistics and supply chain execution trading businesses in China. The company offers multimodal transport of railways, highways, and waterways; third-party logistics services; bonded warehousing; loading and unloading operations; and warehousing and logistics supervision services. It also provides logistics and trade services of sulfur, fertilizers, non-ferrous metals, mineral products, and other goods. The company was founded in 2003 and is headquartered in Shanghai, China. Shanghai Ace Investment & Development Co., Ltd. operates as a subsidiary of Jiangsu Yashi Investment Group Co., Ltd.
Shanghai Ace Investment & Development Dividend Announcement
• Shanghai Ace Investment & Development announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-06-21. Ex dividend date: 2024-06-21 • Shanghai Ace Investment & Development annual dividend for 2024 was ¥0.10 • Shanghai Ace Investment & Development annual dividend for 2023 was ¥0.30 • Shanghai Ace Investment & Development's trailing twelve-month (TTM) dividend yield is 0.75% • Shanghai Ace Investment & Development's payout ratio for the trailing twelve months (TTM) is 151.10%
Shanghai Ace Investment & Development Dividend History
Shanghai Ace Investment & Development Dividend per year
Shanghai Ace Investment & Development Dividend growth
Shanghai Ace Investment & Development Dividend Yield
Shanghai Ace Investment & Development current trailing twelve-month (TTM) dividend yield is 0.75%. Interested in purchasing Shanghai Ace Investment & Development stock? Use our calculator to estimate your expected dividend yield:
Shanghai Ace Investment & Development Financial Ratios
P/E ratio42.66
PEG ratio-4.81
P/B ratio1.91
ROE4.52%
Payout ratio151.10%
Current ratio1.34
Quick ratio1.14
Cash Ratio0.62
Shanghai Ace Investment & Development Dividend FAQ
How much is the next Shanghai Ace Investment & Development dividend?
Shanghai Ace Investment & Development's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shanghai Ace Investment & Development dividend. The next Shanghai Ace Investment & Development dividend will be released in June.
When is Shanghai Ace Investment & Development dividend paid?
Shanghai Ace Investment & Development pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Shanghai Ace Investment & Development pay?
The specific amount of Shanghai Ace Investment & Development dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Shanghai Ace Investment & Development's dividend history.
Does Shanghai Ace Investment & Development stock pay dividends?
Yes, Shanghai Ace Investment & Development does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Shanghai Ace Investment & Development's dividend history.
How much dividend does Shanghai Ace Investment & Development pay?
Shanghai Ace Investment & Development paid ¥0.1 in 2024, ¥0.3 in 2023, ¥0.3 in 2022, ¥0.15 in 2021, and ¥0.0 in 2020.
How often does Shanghai Ace Investment & Development pay dividends?
Shanghai Ace Investment & Development typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Shanghai Ace Investment & Development's dividend yield?
The current dividend yield for Shanghai Ace Investment & Development is 0.75%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Shanghai Ace Investment & Development's exact dividend yield.
When does Shanghai Ace Investment & Development go ex dividend?
Shanghai Ace Investment & Development's ex-dividend date for the latest dividend was on 2024-06-21. Shanghai Ace Investment & Development typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Shanghai Ace Investment & Development dividend paid?
Shanghai Ace Investment & Development pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Shanghai Ace Investment & Development increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Shanghai Ace Investment & Development will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Shanghai Ace Investment & Development dividend per share?
Shanghai Ace Investment & Development paid ¥0.1 per share in 2024 and ¥0.3 per share in 2023. The amount of dividend per share that Shanghai Ace Investment & Development pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Shanghai Ace Investment & Development a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Shanghai Ace Investment & Development a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Shanghai Ace Investment & Development a dividend stock?
Yes, Shanghai Ace Investment & Development is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shanghai Ace Investment & Development a good dividend stock?
Whether Shanghai Ace Investment & Development is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shanghai Ace Investment & Development has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shanghai Ace Investment & Development 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.
Does Shanghai Ace Investment & Development pay dividends monthly?
Shanghai Ace Investment & Development typically pays dividends on a annually basis.
Does Shanghai Ace Investment & Development pay dividends quarterly?
Shanghai Ace Investment & Development currently pays dividends on a annually basis.
Has Shanghai Ace Investment & Development ever paid a dividend?
Yes, Shanghai Ace Investment & Development has a history of paying dividends to its shareholders. Shanghai Ace Investment & Development is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shanghai Ace Investment & Development dividend stocks?
To buy Shanghai Ace Investment & Development you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Shanghai Ace Investment & Development stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Shanghai Ace Investment & Development pay dividends 2024?
Shanghai Ace Investment & Development pays dividends on a annually basis. 2024 dividend payments are in 2024-06-21. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Shanghai Ace Investment & Development increase its dividend in 2024?
Decisions regarding Shanghai Ace Investment & Development dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Shanghai Ace Investment & Development dividend overview you can look into the above table of dividend history.
How Shanghai Ace Investment & Development dividend works?
The Shanghai Ace Investment & Development dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Shanghai Ace Investment & Development's dividend process works:
1. Determination of Dividend: Shanghai Ace Investment & Development'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, Shanghai Ace Investment & Development 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, Shanghai Ace Investment & Development 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 Shanghai Ace Investment & Development 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.
How are Shanghai Ace Investment & Development dividends paid?
Shanghai Ace Investment & Development dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shanghai Ace Investment & Development 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, Shanghai Ace Investment & Development distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shanghai Ace Investment & Development 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.
How many times does Shanghai Ace Investment & Development pay dividends?
Shanghai Ace Investment & Development typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Shanghai Ace Investment & Development pay dividends?
The general pattern is that Shanghai Ace Investment & Development pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Shanghai Ace Investment & Development dividend safe?
The safety of Shanghai Ace Investment & Development's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Shanghai Ace Investment & Development'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 Shanghai Ace Investment & Development'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.