Shanghai International Port (Group) Co., Ltd. engages in the operation and management of ports in China. The company distributes container terminals in Yangshan, Outer Takahashi; offers bulk cargo terminal services, including loading and unloading of bulk cargo, general cargo and special cargo, car roll-on, and cruise terminals; port logistic services; and tugboat, tally, and other port services to the container, bulk cargo, and logistics industries. The company was formerly known as Shanghai Port Authority and changed its name to Shanghai International Port (Group) Co., Ltd. in 2003. Shanghai International Port (Group) Co., Ltd. is based in Shanghai, China.
Shanghai International Port Dividend Announcement
• Shanghai International Port announced a annually dividend of ¥0.17 per ordinary share which will be made payable on 2024-05-15. Ex dividend date: 2024-05-15
• Shanghai International Port annual dividend for 2024 was ¥0.17
• Shanghai International Port annual dividend for 2023 was ¥0.14
• Shanghai International Port's trailing twelve-month (TTM) dividend yield is 2.86%
• Shanghai International Port's payout ratio for the trailing twelve months (TTM) is 60.80%
• Shanghai International Port's dividend growth over the last five years (2018-2023) was -4.03% year
• Shanghai International Port's dividend growth over the last ten years (2013-2023) was 0.44% year
Shanghai International Port Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-15 | ¥0.17 | annually | 2024-05-15 |
2023-08-11 | ¥0.14 | annually | 2023-08-11 |
2022-08-19 | ¥0.19 | annually | 2022-08-19 |
2021-07-02 | ¥0.13 | annually | 2021-07-02 |
2020-07-31 | ¥0.14 | annually | 2020-07-31 |
2019-06-28 | ¥0.15 | annually | 2019-06-28 |
2018-06-08 | ¥0.17 | annually | 2018-06-08 |
2017-07-18 | ¥0.16 | annually | 2017-07-18 |
2016-07-19 | ¥0.15 | annually | |
2015-05-15 | ¥0.15 | annually | |
2014-07-29 | ¥0.13 | annually | |
2013-07-24 | ¥0.13 | annually |
Shanghai International Port Dividend per year
Shanghai International Port Dividend growth
Shanghai International Port Dividend Yield
Shanghai International Port current trailing twelve-month (TTM) dividend yield is 2.86%. Interested in purchasing Shanghai International Port stock? Use our calculator to estimate your expected dividend yield:
Shanghai International Port Financial Ratios
Shanghai International Port Dividend FAQ
Other factors to consider when evaluating Shanghai International Port 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 International Port'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 International Port 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 International Port 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 International Port 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 International Port 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 International Port 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 International Port 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 International Port'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 International Port'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.