XGD Inc., together with its subsidiaries, researches, develops, manufactures, sells, and leases POS terminals in China and internationally. The company also designs and develops financial POS terminal software and hardware; and provides e-commerce, Internet payment software development, and technical services for UnionPay commerce, commercial banks, and third-party service agencies. In addition, the company offers financial services; and is involved in Internet of Things business, which provides services to terminal merchants and other customers. The company was formerly known as Nexgo Inc. and changed its name to XGD Inc. in October 2018. XGD Inc. was founded in 2001 and is headquartered in Shenzhen, China.
XGD Dividend Announcement
• XGD announced a annually dividend of ¥0.67 per ordinary share which will be made payable on 2024-06-17. Ex dividend date: 2024-06-17
• XGD annual dividend for 2024 was ¥0.67
• XGD annual dividend for 2023 was ¥0.23
• XGD's trailing twelve-month (TTM) dividend yield is 2.71%
• XGD's payout ratio for the trailing twelve months (TTM) is 74.99%
XGD Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-17 | ¥0.67 | annually | 2024-06-17 |
2023-06-02 | ¥0.23 | annually | 2023-06-02 |
2021-05-11 | ¥0.25 | annually | 2021-05-11 |
2020-05-29 | ¥0.25 | annually | 2020-05-29 |
2018-10-12 | ¥0.20 | annually | 2018-10-12 |
2018-04-25 | ¥0.15 | annually | 2018-04-25 |
2017-06-01 | ¥0.06 | annually | 2017-06-01 |
2016-05-20 | ¥0.05 | annually | |
2015-06-15 | ¥0.10 | annually | |
2014-07-02 | ¥0.10 | annually | |
2013-05-16 | ¥0.05 | annually | |
2012-05-15 | ¥0.10 | annually | |
2011-05-09 | ¥0.20 | annually |
XGD Dividend per year
XGD Dividend growth
XGD Dividend Yield
XGD current trailing twelve-month (TTM) dividend yield is 2.71%. Interested in purchasing XGD stock? Use our calculator to estimate your expected dividend yield:
XGD Financial Ratios
XGD Dividend FAQ
Other factors to consider when evaluating XGD 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: XGD'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, XGD 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, XGD 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 XGD 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: XGD 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, XGD distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: XGD 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 XGD'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 XGD'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.