Shanghai Huafon Aluminium Corporation operates as an aluminium heat transfer material processing and supplying company in China. It offers brazed heat exchangers materials, such as water tanks, heaters, and air coolers; condensers; and evaporators, heaters, and oil coolers. The company also provides other industrial materials, including car radiators with aluminum foils, decorative aluminum foils, aluminum pull ring materials, aluminum can materials, hot rolled coils, fin materials for power station, and construction machinery brazing sheets. Its alloyed materials are used in the automobile and construction machinery and equipment cooling systems, power station cooling systems, micro-channel coolers, and various kinds of commercial and residential air-conditioners; and aluminum products used in transportation construction, food packaging, electronics information, and other fields. The company serves auto cooling system manufacturers, air-cooled power plant equipment manufacturers, and micro-channel heat exchanger for domestic air conditioning manufacturers. Shanghai Huafon Aluminium Corporation is based in Shanghai, China.
Shanghai Huafon Aluminium Dividend Announcement
• Shanghai Huafon Aluminium announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-06-18. Ex dividend date: 2024-06-18
• Shanghai Huafon Aluminium annual dividend for 2024 was ¥0.20
• Shanghai Huafon Aluminium annual dividend for 2023 was ¥0.10
• Shanghai Huafon Aluminium's trailing twelve-month (TTM) dividend yield is 1.18%
• Shanghai Huafon Aluminium's payout ratio for the trailing twelve months (TTM) is 29.93%
Shanghai Huafon Aluminium Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-18 | ¥0.20 | annually | 2024-06-18 |
2023-06-01 | ¥0.10 | annually | 2023-06-01 |
2022-06-08 | ¥0.08 | annually | 2022-06-08 |
2021-06-08 | ¥0.04 | annually | 2021-06-08 |
Shanghai Huafon Aluminium Dividend per year
Shanghai Huafon Aluminium Dividend growth
Shanghai Huafon Aluminium Dividend Yield
Shanghai Huafon Aluminium current trailing twelve-month (TTM) dividend yield is 1.18%. Interested in purchasing Shanghai Huafon Aluminium stock? Use our calculator to estimate your expected dividend yield:
Shanghai Huafon Aluminium Financial Ratios
Shanghai Huafon Aluminium Dividend FAQ
Other factors to consider when evaluating Shanghai Huafon Aluminium 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 Huafon Aluminium'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 Huafon Aluminium 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 Huafon Aluminium 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 Huafon Aluminium 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 Huafon Aluminium 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 Huafon Aluminium 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 Huafon Aluminium 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 Huafon Aluminium'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 Huafon Aluminium'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.