Xiamen Port Development Co., Ltd., together with its subsidiaries, provides bulk cargo terminal loading and unloading, and integrated logistics services in China. The company also offers shipping agency, bulk cargo handling, L/E consolidation, tally notarization, warehousing, transportation, sea-rail transportation, and land port services, as well as trades in building materials, chemical raw materials and products, mineral products, machinery and equipment, hardware and electronics, textiles, clothing and daily necessities, agricultural and livestock products, stationery, sporting goods and equipment, arts and crafts, etc. In addition, it is involved in the tugboat business; production and sale of concrete and additives; and trading of commodity activities. The company was formerly known as Xiamen Road and Bridge Corporation and changed its name to Xiamen Port Development Co., Ltd. in November 2004. The company was founded in 1999 and is based in Xiamen, China. Xiamen Port Development Co., Ltd. is a subsidiary of Xiamen International Port Co., Ltd.
Xiamen Port Development Dividend Announcement
• Xiamen Port Development announced a semi annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-10-21
• Xiamen Port Development annual dividend for 2024 was ¥0.15
• Xiamen Port Development annual dividend for 2023 was ¥0.06
• Xiamen Port Development's trailing twelve-month (TTM) dividend yield is 2.35%
• Xiamen Port Development's payout ratio for the trailing twelve months (TTM) is 68.59%
• Xiamen Port Development's dividend growth over the last five years (2018-2023) was 24.57% year
• Xiamen Port Development's dividend growth over the last ten years (2013-2023) was 1.84% year
Xiamen Port Development Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-21 | ¥0.05 | semi annually | 2024-10-21 |
2024-06-17 | ¥0.10 | semi annually | 2024-06-17 |
2023-06-12 | ¥0.06 | semi annually | 2023-06-12 |
2022-04-19 | ¥0.06 | semi annually | 2022-04-19 |
2021-06-04 | ¥0.02 | semi annually | 2021-06-04 |
2020-06-05 | ¥0.01 | semi annually | 2020-06-05 |
2019-05-23 | ¥0.01 | semi annually | 2019-05-23 |
2018-04-25 | ¥0.02 | semi annually | 2018-04-25 |
2017-06-07 | ¥0.05 | semi annually | 2017-06-07 |
2016-06-03 | ¥0.04 | semi annually | |
2015-06-05 | ¥0.05 | semi annually | |
2014-06-13 | ¥0.07 | semi annually | |
2013-05-29 | ¥0.05 | semi annually |
Xiamen Port Development Dividend per year
Xiamen Port Development Dividend growth
Xiamen Port Development Dividend Yield
Xiamen Port Development current trailing twelve-month (TTM) dividend yield is 2.35%. Interested in purchasing Xiamen Port Development stock? Use our calculator to estimate your expected dividend yield:
Xiamen Port Development Financial Ratios
Xiamen Port Development Dividend FAQ
Other factors to consider when evaluating Xiamen Port Development 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 Port Development'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 Port Development 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 Port Development 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 Port Development 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 Port Development 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 Port Development 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 Port Development 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 Port Development'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 Port Development'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.