Shanghai Shentong Metro Co., Ltd. engages in the public transportation operation and maintenance management businesses in China. It is involved in the development, operation, and maintenance of rail transit facilities and equipment, as well as industrial investment and rail transit construction management activities. The company also engages in new energy related, financial leasing, and commercial factoring businesses. Shanghai Shentong Metro Co., Ltd. was founded in 1992 and is headquartered in Shanghai, China. Shanghai Shentong Metro Co.,Ltd. operates as a subsidiary of Shanghai Shentong Metro Group Co., Ltd.
Shanghai Shentong Metro Dividend Announcement
• Shanghai Shentong Metro announced a semi annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-10-17. Ex dividend date: 2024-10-17
• Shanghai Shentong Metro annual dividend for 2024 was ¥0.07
• Shanghai Shentong Metro annual dividend for 2023 was ¥0.05
• Shanghai Shentong Metro's trailing twelve-month (TTM) dividend yield is 1.08%
• Shanghai Shentong Metro's payout ratio for the trailing twelve months (TTM) is 95.80%
• Shanghai Shentong Metro's dividend growth over the last five years (2018-2023) was 5.62% year
• Shanghai Shentong Metro's dividend growth over the last ten years (2013-2023) was -4.11% year
Shanghai Shentong Metro Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-17 | ¥0.02 | semi annually | 2024-10-17 |
2024-07-19 | ¥0.05 | semi annually | 2024-07-19 |
2023-07-14 | ¥0.05 | semi annually | 2023-07-14 |
2022-07-15 | ¥0.05 | semi annually | 2022-07-15 |
2021-07-16 | ¥0.05 | semi annually | 2021-07-16 |
2020-07-02 | ¥0.04 | semi annually | 2020-07-02 |
2019-07-19 | ¥0.02 | semi annually | 2019-07-19 |
2018-07-18 | ¥0.04 | semi annually | 2018-07-18 |
2017-07-05 | ¥0.04 | semi annually | 2017-07-05 |
2016-07-08 | ¥0.05 | semi annually | |
2015-07-09 | ¥0.07 | semi annually | |
2014-06-24 | ¥0.08 | semi annually | |
2013-06-24 | ¥0.07 | semi annually |
Shanghai Shentong Metro Dividend per year
Shanghai Shentong Metro Dividend growth
Shanghai Shentong Metro Dividend Yield
Shanghai Shentong Metro current trailing twelve-month (TTM) dividend yield is 1.08%. Interested in purchasing Shanghai Shentong Metro stock? Use our calculator to estimate your expected dividend yield:
Shanghai Shentong Metro Financial Ratios
Shanghai Shentong Metro Dividend FAQ
Other factors to consider when evaluating Shanghai Shentong Metro 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 Shentong Metro'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 Shentong Metro 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 Shentong Metro 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 Shentong Metro 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 Shentong Metro 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 Shentong Metro 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 Shentong Metro 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 Shentong Metro'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 Shentong Metro'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.