Shanghai Zhonggu Logistics Co., Ltd. provides container shipping services in China. It offers container transportation services; multimodal transport services, such as sea-land combined transportation, river-sea combined transportation, water-water transfer, sea-rail combined transportation, and cold chain transportation services; and ship management services. The company was founded in 2003 and is based in Shanghai, China. Shanghai Zhonggu Logistics Co., Ltd. operates as a subsidiary of Zhonggu Shipping Group Co., Ltd.
Shanghai Zhonggu Logistics Dividend Announcement
• Shanghai Zhonggu Logistics announced a annually dividend of ¥0.72 per ordinary share which will be made payable on 2024-04-30. Ex dividend date: 2024-04-30 • Shanghai Zhonggu Logistics annual dividend for 2024 was ¥0.72 • Shanghai Zhonggu Logistics annual dividend for 2023 was ¥0.33 • Shanghai Zhonggu Logistics's trailing twelve-month (TTM) dividend yield is 8.01% • Shanghai Zhonggu Logistics's payout ratio for the trailing twelve months (TTM) is 121.66%
Shanghai Zhonggu Logistics current trailing twelve-month (TTM) dividend yield is 8.01%. Interested in purchasing Shanghai Zhonggu Logistics stock? Use our calculator to estimate your expected dividend yield:
Shanghai Zhonggu Logistics Financial Ratios
P/E ratio11.49
PEG ratio0.12
P/B ratio1.82
ROE15.52%
Payout ratio121.66%
Current ratio2.18
Quick ratio2.17
Cash Ratio1.09
Shanghai Zhonggu Logistics Dividend FAQ
How much is the next Shanghai Zhonggu Logistics dividend?
Shanghai Zhonggu Logistics's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shanghai Zhonggu Logistics dividend. The next Shanghai Zhonggu Logistics dividend will be released in May.
When is Shanghai Zhonggu Logistics dividend paid?
Shanghai Zhonggu Logistics pays dividends on a annually basis. The specific dates may vary each year but are generally around May. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Shanghai Zhonggu Logistics pay?
The specific amount of Shanghai Zhonggu Logistics dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Shanghai Zhonggu Logistics's dividend history.
Does Shanghai Zhonggu Logistics stock pay dividends?
Yes, Shanghai Zhonggu Logistics does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Shanghai Zhonggu Logistics's dividend history.
How much dividend does Shanghai Zhonggu Logistics pay?
Shanghai Zhonggu Logistics paid ¥0.72 in 2024, ¥0.326 in 2023, ¥3.42 in 2022, ¥0.692 in 2021, and ¥0.0 in 2020.
How often does Shanghai Zhonggu Logistics pay dividends?
Shanghai Zhonggu Logistics typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is Shanghai Zhonggu Logistics's dividend yield?
The current dividend yield for Shanghai Zhonggu Logistics is 8.01%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Shanghai Zhonggu Logistics's exact dividend yield.
When does Shanghai Zhonggu Logistics go ex dividend?
Shanghai Zhonggu Logistics's ex-dividend date for the latest dividend was on 2024-04-30. Shanghai Zhonggu Logistics typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Shanghai Zhonggu Logistics dividend paid?
Shanghai Zhonggu Logistics pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Shanghai Zhonggu Logistics increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Shanghai Zhonggu Logistics will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Shanghai Zhonggu Logistics dividend per share?
Shanghai Zhonggu Logistics paid ¥0.72 per share in 2024 and ¥0.326 per share in 2023. The amount of dividend per share that Shanghai Zhonggu Logistics pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Shanghai Zhonggu Logistics a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Shanghai Zhonggu Logistics a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Shanghai Zhonggu Logistics a dividend stock?
Yes, Shanghai Zhonggu Logistics is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shanghai Zhonggu Logistics a good dividend stock?
Whether Shanghai Zhonggu Logistics is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shanghai Zhonggu Logistics has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shanghai Zhonggu Logistics 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.
Does Shanghai Zhonggu Logistics pay dividends monthly?
Shanghai Zhonggu Logistics typically pays dividends on a annually basis.
Does Shanghai Zhonggu Logistics pay dividends quarterly?
Shanghai Zhonggu Logistics currently pays dividends on a annually basis.
Has Shanghai Zhonggu Logistics ever paid a dividend?
Yes, Shanghai Zhonggu Logistics has a history of paying dividends to its shareholders. Shanghai Zhonggu Logistics is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shanghai Zhonggu Logistics dividend stocks?
To buy Shanghai Zhonggu Logistics you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Shanghai Zhonggu Logistics stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Shanghai Zhonggu Logistics pay dividends 2024?
Shanghai Zhonggu Logistics pays dividends on a annually basis. 2024 dividend payments are in 2024-04-30. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Shanghai Zhonggu Logistics increase its dividend in 2024?
Decisions regarding Shanghai Zhonggu Logistics dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Shanghai Zhonggu Logistics dividend overview you can look into the above table of dividend history.
How Shanghai Zhonggu Logistics dividend works?
The Shanghai Zhonggu Logistics dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Shanghai Zhonggu Logistics's dividend process works:
1. Determination of Dividend: Shanghai Zhonggu Logistics'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 Zhonggu Logistics 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 Zhonggu Logistics 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 Zhonggu Logistics 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.
How are Shanghai Zhonggu Logistics dividends paid?
Shanghai Zhonggu Logistics dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shanghai Zhonggu Logistics 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 Zhonggu Logistics 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 Zhonggu Logistics 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.
How many times does Shanghai Zhonggu Logistics pay dividends?
Shanghai Zhonggu Logistics typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Shanghai Zhonggu Logistics pay dividends?
The general pattern is that Shanghai Zhonggu Logistics pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Shanghai Zhonggu Logistics dividend safe?
The safety of Shanghai Zhonggu Logistics's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Shanghai Zhonggu Logistics'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 Zhonggu Logistics'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.