XCMG Construction Machinery Co., Ltd. engages in the manufacture and sale of construction machinery in China. The company offers hoisting, mining, road, piling, non-excavation, concrete, sanitation, fire-fighting, tunnel, resource exploration, and port machineries; and excavators, loaders, special vehicles, and aerial working equipment. It offers construction machineries for lifting, mining, earth moving, mobile elevating work, piling and non-excavation, transportation, environment sanitation, firefighting, and safety and emergency rescue applications, as well as road, concrete, tunnel, and underground space construction. The company also exports its products. XCMG Construction Machinery Co., Ltd. was founded in 1943 and is based in Xuzhou, China.
XCMG Construction Machinery Dividend Announcement
• XCMG Construction Machinery announced a annually dividend of ¥0.18 per ordinary share which will be made payable on 2024-07-03. Ex dividend date: 2024-07-03
• XCMG Construction Machinery annual dividend for 2024 was ¥0.18
• XCMG Construction Machinery annual dividend for 2023 was ¥0.15
• XCMG Construction Machinery's trailing twelve-month (TTM) dividend yield is 2.32%
• XCMG Construction Machinery's payout ratio for the trailing twelve months (TTM) is 82.28%
• XCMG Construction Machinery's dividend growth over the last five years (2018-2023) was 30.26% year
XCMG Construction Machinery Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-03 | ¥0.18 | annually | 2024-07-03 |
2023-06-14 | ¥0.15 | annually | 2023-06-14 |
2022-09-28 | ¥0.23 | annually | 2022-09-28 |
2021-07-14 | ¥0.10 | annually | 2021-07-14 |
2020-07-03 | ¥0.06 | annually | 2020-07-03 |
2019-06-27 | ¥0.06 | annually | 2019-06-27 |
2018-05-30 | ¥0.04 | annually | 2018-05-30 |
2017-06-07 | ¥0.01 | annually | 2017-06-07 |
2015-06-17 | ¥0.06 | annually | |
2014-07-04 | ¥0.10 | annually | |
2013-06-07 | ¥0.13 | annually | |
2012-07-11 | ¥0.25 | annually |
XCMG Construction Machinery Dividend per year
XCMG Construction Machinery Dividend growth
XCMG Construction Machinery Dividend Yield
XCMG Construction Machinery current trailing twelve-month (TTM) dividend yield is 2.32%. Interested in purchasing XCMG Construction Machinery stock? Use our calculator to estimate your expected dividend yield:
XCMG Construction Machinery Financial Ratios
XCMG Construction Machinery Dividend FAQ
Other factors to consider when evaluating XCMG Construction Machinery 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: XCMG Construction Machinery'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, XCMG Construction Machinery 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, XCMG Construction Machinery 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 XCMG Construction Machinery 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: XCMG Construction Machinery 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, XCMG Construction Machinery distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: XCMG Construction Machinery 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 XCMG Construction Machinery'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 XCMG Construction Machinery'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.