Xingfa Aluminium Holdings Limited, an investment holding company, manufactures, sells, and trades in aluminium profiles used as construction and industrial materials in the People's Republic of China. It operates through Industrial Aluminium Profiles, Construction Aluminium Profiles, and All Other segments. The Industrial Aluminium Profiles segment manufactures and sells plain aluminium profiles for industrial usage. The Construction Aluminium Profiles segment manufactures and sells aluminium profiles with surface finishing, including anodic oxidation, electrophoresis coating, powder coating, and PVDF coating aluminium profiles used in architecture decoration. The All Other segment offers service contracts related to aluminium products; sells office premises and residential properties; and sells aluminium panels, aluminium alloys, moulds, and spare parts. The company also engages in the property development business. The company was founded in 1984 and is headquartered in Foshan, the People's Republic of China.
Xingfa Aluminium Dividend Announcement
• Xingfa Aluminium announced a annually dividend of HK$0.64 per ordinary share which will be made payable on 2024-06-24. Ex dividend date: 2024-06-03
• Xingfa Aluminium annual dividend for 2024 was HK$0.64
• Xingfa Aluminium annual dividend for 2023 was HK$0.37
• Xingfa Aluminium's trailing twelve-month (TTM) dividend yield is 9.16%
• Xingfa Aluminium's payout ratio for the trailing twelve months (TTM) is 26.45%
• Xingfa Aluminium's dividend growth over the last five years (2018-2023) was 13.09% year
Xingfa Aluminium Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-03 | HK$0.64 | annually | 2024-06-24 |
2023-06-05 | HK$0.37 | annually | 2023-06-23 |
2022-06-06 | HK$0.80 | annually | 2022-06-24 |
2022-05-05 | HK$0.80 | annually | |
2021-06-07 | HK$0.36 | annually | 2021-06-25 |
2020-06-11 | HK$0.28 | annually | |
2020-06-08 | HK$0.28 | annually | 2020-06-26 |
2019-06-10 | HK$0.20 | annually | 2019-06-28 |
2018-06-11 | HK$0.20 | annually | 2018-06-29 |
2016-06-13 | HK$0.09 | annually | |
2015-06-08 | HK$0.09 | annually | |
2014-06-09 | HK$0.05 | annually | |
2013-06-06 | HK$0.05 | annually | |
2011-05-30 | HK$0.04 | annually |
Xingfa Aluminium Dividend per year
Xingfa Aluminium Dividend growth
Xingfa Aluminium Dividend Yield
Xingfa Aluminium current trailing twelve-month (TTM) dividend yield is 9.16%. Interested in purchasing Xingfa Aluminium stock? Use our calculator to estimate your expected dividend yield:
Xingfa Aluminium Financial Ratios
Xingfa Aluminium Dividend FAQ
Other factors to consider when evaluating Xingfa Aluminium 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: Xingfa Aluminium'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, Xingfa Aluminium 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, Xingfa Aluminium 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 Xingfa Aluminium 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: Xingfa Aluminium 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, Xingfa Aluminium distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Xingfa Aluminium 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 Xingfa Aluminium'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 Xingfa Aluminium'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.