Xiamen ITG Group Corp.,Ltd engages in the supply chain management, real estate, and financial service businesses. The company trades in steel and iron ore, thermal and metallurgical coal, forest pulp paper, textile fabrics and garments; rubber, petrochemical, and agricultural products; metal silicon, metal magnesium ingots, magnesium alloys, and upstream and downstream derivative products; medical equipment; and civil ships, and ship materials and equipment. It is also involved in the production and export of shoes and bags; and provides logistics services, such as ship management, agency, and brokerage services, as well as warehousing services. In addition, the company develops and constructs urban, industrial parks, leisure, and tourism real estate properties, as well as offers property services. Further, it provides commodity futures brokerage, financial futures brokerage, futures investment consulting, asset management, risk management, and other financial services. Additionally, the company engages in the leasing, swap, spot purchase, and sale of precious metals and basic metals; and futures hedging and financial investment business. Xiamen ITG Group Corp.,Ltd was founded in 1980 and is based in Xiamen, China.
Xiamen ITG Dividend Announcement
• Xiamen ITG announced a annually dividend of ¥0.50 per ordinary share which will be made payable on 2024-06-26. Ex dividend date: 2024-06-26
• Xiamen ITG annual dividend for 2024 was ¥0.50
• Xiamen ITG annual dividend for 2023 was ¥0.65
• Xiamen ITG's trailing twelve-month (TTM) dividend yield is 7.32%
• Xiamen ITG's payout ratio for the trailing twelve months (TTM) is 623.91%
• Xiamen ITG's dividend growth over the last five years (2018-2023) was 26.58% year
• Xiamen ITG's dividend growth over the last ten years (2013-2023) was 20.95% year
Xiamen ITG Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-26 | ¥0.50 | annually | 2024-06-26 |
2023-06-28 | ¥0.65 | annually | 2023-06-28 |
2022-06-29 | ¥0.50 | annually | 2022-06-29 |
2021-07-05 | ¥0.46 | annually | 2021-07-05 |
2020-07-03 | ¥0.23 | annually | 2020-07-03 |
2019-07-10 | ¥0.27 | annually | 2019-07-10 |
2018-07-09 | ¥0.20 | annually | 2018-07-09 |
2017-07-06 | ¥0.12 | annually | 2017-07-06 |
2016-06-21 | ¥0.10 | annually | |
2015-06-11 | ¥0.10 | annually | |
2014-05-23 | ¥0.21 | annually | |
2013-07-02 | ¥0.10 | annually |
Xiamen ITG Dividend per year
Xiamen ITG Dividend growth
Xiamen ITG Dividend Yield
Xiamen ITG current trailing twelve-month (TTM) dividend yield is 7.32%. Interested in purchasing Xiamen ITG stock? Use our calculator to estimate your expected dividend yield:
Xiamen ITG Financial Ratios
Xiamen ITG Dividend FAQ
Other factors to consider when evaluating Xiamen ITG 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: Xiamen ITG'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, Xiamen ITG 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, Xiamen ITG 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 Xiamen ITG 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: Xiamen ITG 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, Xiamen ITG distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Xiamen ITG 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 Xiamen ITG'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 Xiamen ITG'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.