Shanghai Highly (Group) Co., Ltd. researches, develops, produces, and sells air conditioning compressors, electric motors, drive controls, and cooling and heating-related products in China. The company provides compressor for home air conditioner, light commercial air conditioner, and home appliances with heating and cooling functions; refrigeration motor for air conditioning and refrigerator compressor; and refrigeration forging castings for internal compressor. It also offers automotive air conditioning system and energy vehicle thermal management system for fuel car and new energy vehicles; energy vehicle air conditioning electric compressor for energy passenger car, commercial vehicle, and bus; vehicle and cold chain compressor for parking air conditioner, RV air conditioner, refrigerated truck unit, bus battery thermal management, and car refrigerator; and casting and forging for transmission, air conditioning, steering, and braking systems. In addition, the company offers equipment thermal management for high temperature equipment and environment; freezer cold storage for supermarket store and cold chain warehouse; and heat pump system for indoor and building heating. It exports its products. Shanghai Highly (Group) Co., Ltd. was founded in 1954 and is headquartered in Shanghai, China.
Shanghai Highly Dividend Announcement
• Shanghai Highly announced a annually dividend of ¥0.01 per ordinary share which will be made payable on 2024-07-10. Ex dividend date: 2024-07-10
• Shanghai Highly annual dividend for 2024 was ¥0.01
• Shanghai Highly annual dividend for 2023 was ¥0.01
• Shanghai Highly's trailing twelve-month (TTM) dividend yield is 0.08%
• Shanghai Highly's payout ratio for the trailing twelve months (TTM) is 98.32%
• Shanghai Highly's dividend growth over the last five years (2018-2023) was -39.16% year
• Shanghai Highly's dividend growth over the last ten years (2013-2023) was -22.00% year
Shanghai Highly Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-10 | ¥0.01 | annually | 2024-07-10 |
2023-06-08 | ¥0.01 | annually | 2023-06-08 |
2022-07-14 | ¥0.15 | annually | 2022-07-14 |
2021-06-07 | ¥0.15 | annually | 2021-06-07 |
2020-06-10 | ¥0.18 | annually | 2020-06-10 |
2019-07-30 | ¥0.15 | annually | 2019-07-30 |
2018-07-03 | ¥0.12 | annually | 2018-07-03 |
2017-07-27 | ¥0.10 | annually | 2017-07-27 |
2016-07-27 | ¥0.08 | annually | |
2015-06-23 | ¥0.10 | annually | |
2014-08-01 | ¥0.10 | annually | |
2013-07-01 | ¥0.12 | annually |
Shanghai Highly Dividend per year
Shanghai Highly Dividend growth
Shanghai Highly Dividend Yield
Shanghai Highly current trailing twelve-month (TTM) dividend yield is 0.08%. Interested in purchasing Shanghai Highly stock? Use our calculator to estimate your expected dividend yield:
Shanghai Highly Financial Ratios
Shanghai Highly Dividend FAQ
Other factors to consider when evaluating Shanghai Highly 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 Highly'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 Highly 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 Highly 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 Highly 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 Highly 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 Highly 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 Highly 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 Highly'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 Highly'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.