Sinomach Automobile Co., Ltd. provides automotive trade and retail services in China. It trades cars under the import brands comprising Chrysler, Volkswagen, GM, Ford, Jaguar Land Rover, and Renault; and retails cars under import brands, including Jaguar Land Rover, BMW, Audi, Lexus, Infiniti, import Volkswagen, Chrysler, Jeep, Dodge, Mitsubishi, Renault, Ford, Toyota, and others. The company also exports vehicle parts, such as engines, chassis and body parts, and accessories. In addition, it provides car rental services. In addition, the company offers engineering, retail, financial, and aftermarket services. Sinomach Automobile Co., Ltd. was founded in 1993 and is based in Tianjin, China.
Sinomach Automobile Dividend Announcement
• Sinomach Automobile announced a semi annually dividend of ¥0.03 per ordinary share which will be made payable on 2024-11-13. Ex dividend date: 2024-11-13
• Sinomach Automobile annual dividend for 2024 was ¥0.03
• Sinomach Automobile annual dividend for 2023 was ¥0.08
• Sinomach Automobile's trailing twelve-month (TTM) dividend yield is 0.45%
• Sinomach Automobile's payout ratio for the trailing twelve months (TTM) is 212.86%
• Sinomach Automobile's dividend growth over the last five years (2018-2023) was -4.36% year
• Sinomach Automobile's dividend growth over the last ten years (2013-2023) was -2.21% year
Sinomach Automobile Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-13 | ¥0.03 | semi annually | 2024-11-13 |
2024-06-28 | ¥0.01 | semi annually | 2024-06-28 |
2023-07-26 | ¥0.08 | semi annually | 2023-07-26 |
2022-06-10 | ¥0.07 | semi annually | 2022-06-10 |
2021-06-18 | ¥0.12 | semi annually | 2021-06-18 |
2020-07-16 | ¥0.06 | semi annually | 2020-07-16 |
2019-06-04 | ¥0.15 | semi annually | 2019-06-04 |
2018-06-29 | ¥0.10 | semi annually | 2018-06-29 |
2017-06-22 | ¥0.15 | semi annually | 2017-06-22 |
2016-05-20 | ¥0.12 | semi annually | |
2015-07-23 | ¥0.20 | semi annually | |
2014-05-23 | ¥0.36 | semi annually | |
2013-07-02 | ¥0.10 | semi annually |
Sinomach Automobile Dividend per year
Sinomach Automobile Dividend growth
Sinomach Automobile Dividend Yield
Sinomach Automobile current trailing twelve-month (TTM) dividend yield is 0.45%. Interested in purchasing Sinomach Automobile stock? Use our calculator to estimate your expected dividend yield:
Sinomach Automobile Financial Ratios
Sinomach Automobile Dividend FAQ
Other factors to consider when evaluating Sinomach Automobile 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: Sinomach Automobile'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, Sinomach Automobile 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, Sinomach Automobile 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 Sinomach Automobile 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: Sinomach Automobile 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, Sinomach Automobile distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sinomach Automobile 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 Sinomach Automobile'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 Sinomach Automobile'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.