Wuchan Zhongda Group Co.,Ltd., together with its subsidiaries, provides bulk commodity supply chain services in China and internationally. Its principal products include steel-based metal materials, coal-based energy products, and chemical products. The company also offers building materials, mechanical and electrical equipment, light industrial products, raw materials, textiles, timber products, and fertilizers. In addition, it provides industrial investment, investment management, asset management, real estate, futures brokerage, and market management services; and information consulting services. Further, the company engages in the sale, maintenance, and lease of automobiles. Wuchan Zhongda Group Co.,Ltd. was founded in 1992 and is based in Hangzhou, China.
Wuchan Zhongda Dividend Announcement
• Wuchan Zhongda announced a annually dividend of ¥0.21 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-07-05
• Wuchan Zhongda annual dividend for 2024 was ¥0.21
• Wuchan Zhongda annual dividend for 2023 was ¥0.15
• Wuchan Zhongda's trailing twelve-month (TTM) dividend yield is 3.9%
• Wuchan Zhongda's payout ratio for the trailing twelve months (TTM) is 110.52%
• Wuchan Zhongda's dividend growth over the last five years (2018-2023) was -5.59% year
• Wuchan Zhongda's dividend growth over the last ten years (2013-2023) was -1.81% year
Wuchan Zhongda Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-05 | ¥0.21 | annually | 2024-07-05 |
2023-07-06 | ¥0.15 | annually | 2023-07-06 |
2022-07-08 | ¥0.16 | annually | 2022-07-08 |
2021-06-04 | ¥0.20 | annually | 2021-06-04 |
2020-06-11 | ¥0.25 | annually | 2020-06-11 |
2019-05-30 | ¥0.25 | annually | 2019-05-30 |
2018-05-31 | ¥0.20 | annually | 2018-05-31 |
2017-06-08 | ¥0.50 | annually | 2017-06-08 |
2016-06-20 | ¥0.25 | annually | |
2015-06-19 | ¥0.15 | annually | |
2014-06-20 | ¥0.10 | annually | |
2013-06-19 | ¥0.18 | annually |
Wuchan Zhongda Dividend per year
Wuchan Zhongda Dividend growth
Wuchan Zhongda Dividend Yield
Wuchan Zhongda current trailing twelve-month (TTM) dividend yield is 3.9%. Interested in purchasing Wuchan Zhongda stock? Use our calculator to estimate your expected dividend yield:
Wuchan Zhongda Financial Ratios
Wuchan Zhongda Dividend FAQ
Other factors to consider when evaluating Wuchan Zhongda 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: Wuchan Zhongda'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, Wuchan Zhongda 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, Wuchan Zhongda 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 Wuchan Zhongda 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: Wuchan Zhongda 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, Wuchan Zhongda distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Wuchan Zhongda 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 Wuchan Zhongda'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 Wuchan Zhongda'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.