Sinotruk (Hong Kong) Limited, an investment holding company, engages in the research, development, manufacture, and sale of heavy-duty trucks (HDTs), medium-heavy duty trucks, light duty trucks (LDTs), buses, and related parts and components in Mainland China and internationally. The company operates through four segments: Heavy Duty Trucks, Light Duty Trucks and Others, Engines, and Finance. It offers specialty vehicles; industrial and construction machinery engines; HDT and LDT engines; and HDT key assemblies, such as gearboxes and various types of casting and forging, as well as cabins, axles, and steel frames. The company also provides axle and transmission parts and truck refitting services; deposit taking, borrowings, bank bills discounting, auto and supply chain financing, issue of bills, entrusted loans and investment, and customer credit services; loans; and consultation and strategic planning services. In addition, it imports and exports trucks and spare parts; manufactures and reproduces engines; and researches, develops, manufactures, and sells commercial vehicles. Sinotruk (Hong Kong) Limited serves infrastructure, construction, container transportation, logistic, mining, steel, chemical, and other industries. The company was incorporated in 2007 and is headquartered in Jinan, China. Sinotruk (Hong Kong) Limited is a subsidiary of China National Heavy Duty Truck Group Company Limited.
Sinotruk Dividend Announcement
• Sinotruk announced a semi annually dividend of HK$0.72 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-09-04
• Sinotruk annual dividend for 2024 was HK$1.78
• Sinotruk annual dividend for 2023 was HK$0.33
• Sinotruk's trailing twelve-month (TTM) dividend yield is 11.23%
• Sinotruk's payout ratio for the trailing twelve months (TTM) is 13.02%
• Sinotruk's dividend growth over the last five years (2018-2023) was -13.96% year
• Sinotruk's dividend growth over the last ten years (2013-2023) was 36.22% year
Sinotruk Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-04 | HK$0.72 | semi annually | 2024-11-22 |
2024-07-05 | HK$1.06 | semi annually | 2024-09-06 |
2023-07-04 | HK$0.33 | semi annually | 2023-09-08 |
2022-07-05 | HK$0.68 | semi annually | 2022-09-09 |
2021-07-05 | HK$1.04 | semi annually | 2021-09-01 |
2020-07-03 | HK$0.39 | semi annually | 2020-09-11 |
2019-07-02 | HK$0.64 | semi annually | 2019-07-26 |
2018-07-03 | HK$0.70 | semi annually | 2018-07-27 |
2017-06-09 | HK$0.08 | semi annually | 2017-06-28 |
2016-07-05 | HK$0.03 | semi annually | 2016-07-27 |
2015-07-02 | HK$0.06 | semi annually | 2015-07-17 |
2014-05-26 | HK$0.04 | semi annually | 2014-06-20 |
2013-05-27 | HK$0.01 | semi annually | 2013-06-21 |
Sinotruk Dividend per year
Sinotruk Dividend growth
Sinotruk Dividend Yield
Sinotruk current trailing twelve-month (TTM) dividend yield is 11.23%. Interested in purchasing Sinotruk stock? Use our calculator to estimate your expected dividend yield:
Sinotruk Financial Ratios
Sinotruk Dividend FAQ
Other factors to consider when evaluating Sinotruk 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: Sinotruk'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, Sinotruk 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, Sinotruk 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 Sinotruk 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: Sinotruk 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, Sinotruk distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sinotruk 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 Sinotruk'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 Sinotruk'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.