Shanghai Chuangli Group Co., Ltd., together with its subsidiaries, designs, develops, manufactures, sells, and services coal mining machinery, coal mine automation control systems, and mine electrical equipment. It offers chain arm top cutting machines, anchor digging machines, tunneling machines, road headers, electric traction coal shearers, drum shearers, and drilling machines, as well as scraper conveyors, transfer machines, crushers, and belt self-moving tail devices. The company also provides intelligent mining equipment technical support, equipment overhaul, equipment maintenance, spare parts supply, and other services. Shanghai Chuangli Group Co., Ltd. was founded in 2003 and is headquartered in Shanghai, China.
Shanghai Chuangli Dividend Announcement
• Shanghai Chuangli announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-30
• Shanghai Chuangli annual dividend for 2024 was ¥0.15
• Shanghai Chuangli annual dividend for 2023 was ¥0.10
• Shanghai Chuangli's trailing twelve-month (TTM) dividend yield is 2.9%
• Shanghai Chuangli's payout ratio for the trailing twelve months (TTM) is 61.91%
• Shanghai Chuangli's dividend growth over the last five years (2018-2023) was 20.11% year
Shanghai Chuangli Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-30 | ¥0.15 | annually | 2024-05-30 |
2023-05-31 | ¥0.10 | annually | 2023-05-31 |
2022-06-30 | ¥0.08 | annually | 2022-06-30 |
2021-06-02 | ¥0.09 | annually | 2021-06-02 |
2020-06-17 | ¥0.07 | annually | 2020-06-17 |
2019-06-28 | ¥0.05 | annually | 2019-06-28 |
2018-06-29 | ¥0.04 | annually | 2018-06-29 |
2017-06-30 | ¥0.02 | annually | 2017-06-30 |
2016-06-15 | ¥0.07 | annually | |
2015-07-01 | ¥0.10 | annually |
Shanghai Chuangli Dividend per year
Shanghai Chuangli Dividend growth
Shanghai Chuangli Dividend Yield
Shanghai Chuangli current trailing twelve-month (TTM) dividend yield is 2.9%. Interested in purchasing Shanghai Chuangli stock? Use our calculator to estimate your expected dividend yield:
Shanghai Chuangli Financial Ratios
Shanghai Chuangli Dividend FAQ
Other factors to consider when evaluating Shanghai Chuangli 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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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.
1. Determination of Dividend: Shanghai Chuangli'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 Chuangli 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 Chuangli 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 Chuangli 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 Chuangli 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 Chuangli 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 Chuangli 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 Chuangli'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 Chuangli'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.