Shanghai Zhenhua Heavy Industries Co., Ltd. manufactures and sells heavy-duty equipment worldwide. The company offers various cranes; quayside container cranes, bulk cargo handling equipment such as ship loaders and ship unloaders; and stackers and reclaimers. It also provides various offshore products, such as floating cranes, pipelay vessels, and other engineering vessels; offshore platforms; DP systems and jacking systems; and goliath cranes. In addition, the company offers steel structures that comprise large and heavy scale steel structures, such as bridges, modules, and sea wind structures, as well as electrical products. Further, it engages in the marine transport and installation; and construction and installation of large-scale port equipment, engineering vessels, offshore heavy equipment, mechanical equipment, gear box for wind power generation equipment, largesized reverse branch, transmission mechanism, dynamic positioning, large-sized anchor windlass, offshore oil platform lifting device and components, and offshore wind turbine. In addition, the company is involved in the software development and integration; investment and financing business; leasing of cranes and engineering vessels; real estate development; and design and manufacturing of accessories. Further, it provides maintenance, consulting, and technical services. It owns a fleet of more than 20 transportation vessels. The company is headquartered in Shanghai, the People's Republic of China.
Shanghai Zhenhua Heavy Industries Dividend Announcement
• Shanghai Zhenhua Heavy Industries announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-08-01. Ex dividend date: 2024-08-01
• Shanghai Zhenhua Heavy Industries annual dividend for 2024 was ¥0.05
• Shanghai Zhenhua Heavy Industries's trailing twelve-month (TTM) dividend yield is 1.2%
• Shanghai Zhenhua Heavy Industries's payout ratio for the trailing twelve months (TTM) is 165.12%
Shanghai Zhenhua Heavy Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-01 | ¥0.05 | annually | 2024-08-01 |
2022-08-11 | ¥0.05 | annually | 2022-08-11 |
2020-08-18 | ¥0.05 | annually | 2020-08-18 |
2019-07-16 | ¥0.05 | annually | 2019-07-16 |
2018-08-13 | ¥0.04 | annually | 2018-08-13 |
2017-07-07 | ¥0.08 | annually | 2017-07-07 |
2009-06-24 | ¥0.03 | annually | |
2008-06-25 | ¥0.17 | annually | |
2007-07-06 | ¥0.15 | annually | |
2006-07-03 | ¥0.10 | annually | |
2005-07-05 | ¥0.08 | annually | |
2004-05-10 | ¥0.10 | annually |
Shanghai Zhenhua Heavy Industries Dividend per year
Shanghai Zhenhua Heavy Industries Dividend growth
Shanghai Zhenhua Heavy Industries Dividend Yield
Shanghai Zhenhua Heavy Industries current trailing twelve-month (TTM) dividend yield is 1.2%. Interested in purchasing Shanghai Zhenhua Heavy Industries stock? Use our calculator to estimate your expected dividend yield:
Shanghai Zhenhua Heavy Industries Financial Ratios
Shanghai Zhenhua Heavy Industries Dividend FAQ
Other factors to consider when evaluating Shanghai Zhenhua Heavy Industries 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 Zhenhua Heavy Industries'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 Zhenhua Heavy Industries 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 Zhenhua Heavy Industries 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 Zhenhua Heavy Industries 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 Zhenhua Heavy Industries 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 Zhenhua Heavy Industries 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 Zhenhua Heavy Industries 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 Zhenhua Heavy Industries'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 Zhenhua Heavy Industries'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.