Shanghai Tunnel Engineering Co., Ltd. engages in the consulting, planning, investment, construction, operation, maintenance, and upgradation of urban infrastructure in China and internationally. Its construction portfolio includes tunnel, rail transit, road and bridge, architecture and real estate, power, water treatment, and underground space development projects. The company also offers slurry shield and other shield machines; and precast concrete, renewable concrete, and bituminous materials. Shanghai Tunnel Engineering Co., Ltd. was founded in 1965 and is based in Shanghai, China.
Shanghai Tunnel Engineering Dividend Announcement
• Shanghai Tunnel Engineering announced a semi annually dividend of ¥0.23 per ordinary share which will be made payable on 2024-08-16. Ex dividend date: 2024-08-16
• Shanghai Tunnel Engineering annual dividend for 2024 was ¥0.23
• Shanghai Tunnel Engineering annual dividend for 2023 was ¥0.37
• Shanghai Tunnel Engineering's trailing twelve-month (TTM) dividend yield is 4.89%
• Shanghai Tunnel Engineering's payout ratio for the trailing twelve months (TTM) is 116.22%
• Shanghai Tunnel Engineering's dividend growth over the last five years (2018-2023) was 15.50% year
• Shanghai Tunnel Engineering's dividend growth over the last ten years (2013-2023) was 3.20% year
Shanghai Tunnel Engineering Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-16 | ¥0.23 | semi annually | 2024-08-16 |
2023-11-30 | ¥0.10 | semi annually | 2023-11-30 |
2023-07-20 | ¥0.27 | semi annually | 2023-07-20 |
2022-07-28 | ¥0.23 | semi annually | 2022-07-28 |
2021-07-08 | ¥0.22 | semi annually | 2021-07-08 |
2020-06-24 | ¥0.21 | semi annually | 2020-06-24 |
2019-06-20 | ¥0.19 | semi annually | 2019-06-20 |
2018-07-20 | ¥0.18 | semi annually | 2018-07-20 |
2017-07-18 | ¥0.16 | semi annually | 2017-07-18 |
2016-06-22 | ¥0.15 | semi annually | |
2015-07-15 | ¥0.15 | semi annually | |
2014-06-16 | ¥0.30 | semi annually | |
2013-05-23 | ¥0.27 | semi annually |
Shanghai Tunnel Engineering Dividend per year
Shanghai Tunnel Engineering Dividend growth
Shanghai Tunnel Engineering Dividend Yield
Shanghai Tunnel Engineering current trailing twelve-month (TTM) dividend yield is 4.89%. Interested in purchasing Shanghai Tunnel Engineering stock? Use our calculator to estimate your expected dividend yield:
Shanghai Tunnel Engineering Financial Ratios
Shanghai Tunnel Engineering Dividend FAQ
Other factors to consider when evaluating Shanghai Tunnel Engineering 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 Tunnel Engineering'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 Tunnel Engineering 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 Tunnel Engineering 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 Tunnel Engineering 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 Tunnel Engineering 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 Tunnel Engineering 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 Tunnel Engineering 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 Tunnel Engineering'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 Tunnel Engineering'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.