Shanghai Baolong Automotive Corporation manufactures and sells automotive parts and components. The company provides automotive rubber metal parts, including traditional and tire pressure monitoring system valves; automotive metal pipe fittings comprising U beams, torsion beams, arcuate tubes, instrument beams, subframe strong arms, left and right suspension arms, and rear subframe cross and trailing arms; vehicle electronics; and aftermarket and equipment products. It serves vehicle customers of various brands in China, North America, Europe, Japan, South Korea, and internationally. Shanghai Baolong Automotive Corporation was founded in 1997 and is headquartered in Shanghai, China.
Shanghai Baolong Automotive Dividend Announcement
• Shanghai Baolong Automotive announced a semi annually dividend of ¥0.21 per ordinary share which will be made payable on 2024-09-24. Ex dividend date: 2024-09-24
• Shanghai Baolong Automotive annual dividend for 2024 was ¥0.85
• Shanghai Baolong Automotive annual dividend for 2023 was ¥0.31
• Shanghai Baolong Automotive's trailing twelve-month (TTM) dividend yield is 2.16%
• Shanghai Baolong Automotive's payout ratio for the trailing twelve months (TTM) is 103.52%
• Shanghai Baolong Automotive's dividend growth over the last five years (2018-2023) was -9.12% year
Shanghai Baolong Automotive Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-24 | ¥0.21 | semi annually | 2024-09-24 |
2024-05-31 | ¥0.64 | semi annually | 2024-05-31 |
2023-07-06 | ¥0.31 | semi annually | 2023-07-06 |
2022-06-22 | ¥0.20 | semi annually | 2022-06-22 |
2021-10-13 | ¥0.46 | semi annually | 2021-10-13 |
2020-08-20 | ¥0.32 | semi annually | 2020-08-20 |
2019-07-01 | ¥0.25 | semi annually | 2019-07-01 |
2018-06-22 | ¥0.50 | semi annually | 2018-06-22 |
2017-10-12 | ¥0.50 | semi annually | 2017-10-12 |
Shanghai Baolong Automotive Dividend per year
Shanghai Baolong Automotive Dividend growth
Shanghai Baolong Automotive Dividend Yield
Shanghai Baolong Automotive current trailing twelve-month (TTM) dividend yield is 2.16%. Interested in purchasing Shanghai Baolong Automotive stock? Use our calculator to estimate your expected dividend yield:
Shanghai Baolong Automotive Financial Ratios
Shanghai Baolong Automotive Dividend FAQ
Other factors to consider when evaluating Shanghai Baolong Automotive 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: Shanghai Baolong Automotive'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 Baolong Automotive 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 Baolong Automotive 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 Baolong Automotive 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: Shanghai Baolong Automotive 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 Baolong Automotive 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 Baolong Automotive 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 Shanghai Baolong Automotive'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 Baolong Automotive'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.