Shanghai Industrial Urban Development Group Limited, an investment holding company, primarily engages in the development and sale of residential and commercial properties in the People's Republic of China. The company is also involved in property investment and management activities. Its property portfolio includes residential communities, office buildings, shopping arcades, star-grade hotels, and apartments. The company has 28 real estate projects located primarily in Shanghai, Beijing, Tianjin, Kunshan, Wuxi, Shenyang, Xi'an, Chongqing, Yantai, Wuhan, and Shenzhen. In addition, it engages in the operation of hotels. The company was formerly known as Neo-China Land Group (Holdings) Limited and changed its name to Shanghai Industrial Urban Development Group Limited in September 2010. The company was incorporated in 1992 and is headquartered in Central, Hong Kong. Shanghai Industrial Urban Development Group Limited is a subsidiary of Shanghai Industrial Investment (Holdings) Company Limited.
Shanghai Industrial Urban Development Dividend Announcement
• Shanghai Industrial Urban Development announced a annually dividend of HK$0.03 per ordinary share which will be made payable on 2024-06-21. Ex dividend date: 2024-05-22
• Shanghai Industrial Urban Development annual dividend for 2024 was HK$0.03
• Shanghai Industrial Urban Development annual dividend for 2023 was HK$0.01
• Shanghai Industrial Urban Development's trailing twelve-month (TTM) dividend yield is 6.52%
• Shanghai Industrial Urban Development's payout ratio for the trailing twelve months (TTM) is 23.17%
• Shanghai Industrial Urban Development's dividend growth over the last five years (2018-2023) was -18.48% year
Shanghai Industrial Urban Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-22 | HK$0.03 | annually | 2024-06-21 |
2023-05-24 | HK$0.01 | annually | 2023-06-23 |
2022-05-25 | HK$0.02 | annually | 2022-06-24 |
2021-05-26 | HK$0.02 | annually | 2021-06-24 |
2020-05-25 | HK$0.02 | annually | 2020-06-23 |
2019-05-27 | HK$0.02 | annually | 2019-06-24 |
2018-05-28 | HK$0.03 | annually | 2018-06-26 |
2017-05-24 | HK$0.02 | annually | 2017-06-26 |
2016-05-30 | HK$0.02 | annually | |
2015-06-01 | HK$0.01 | annually | |
2008-09-11 | HK$0.14 | annually | |
2008-01-29 | HK$0.01 | annually |
Shanghai Industrial Urban Development Dividend per year
Shanghai Industrial Urban Development Dividend growth
Shanghai Industrial Urban Development Dividend Yield
Shanghai Industrial Urban Development current trailing twelve-month (TTM) dividend yield is 6.52%. Interested in purchasing Shanghai Industrial Urban Development stock? Use our calculator to estimate your expected dividend yield:
Shanghai Industrial Urban Development Financial Ratios
Shanghai Industrial Urban Development Dividend FAQ
Other factors to consider when evaluating Shanghai Industrial Urban 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.
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1. Determination of Dividend: Shanghai Industrial Urban 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 Industrial Urban 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 Industrial Urban 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 Industrial Urban 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.
1. Record Date: Shanghai Industrial Urban 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 Industrial Urban 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 Industrial Urban 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.
To assess the safety of Shanghai Industrial Urban 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 Industrial Urban 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.