Xinjiang Tianshan Cement Co., Ltd. produces and sells cement, clinker, and commercial concrete in China and internationally. It offers Portland cement and ordinary Portland cement, as well as special cements, such as oil wells, anti-sulfur, and low-to-medium heat cements, which are used in various construction projects, including industry, agriculture, water conservancy, transportation, civil and municipal, etc. The company also provides pre-stressed and self-stressed reinforced concrete components; and conventional commercial concrete and high-strength concrete for engineering projects, such as ordinary buildings, high-rise buildings, highways, tunnels, viaducts, subways, and underground mines. It is also involved in the waste heat power generation business. The company was founded in 1998 and is based in Urumqi, China.
Xinjiangtianshan Cement Dividend Announcement
• Xinjiangtianshan Cement announced a annually dividend of ¥0.11 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-29
• Xinjiangtianshan Cement annual dividend for 2024 was ¥0.11
• Xinjiangtianshan Cement annual dividend for 2023 was ¥0.27
• Xinjiangtianshan Cement's trailing twelve-month (TTM) dividend yield is 1.76%
• Xinjiangtianshan Cement's payout ratio for the trailing twelve months (TTM) is -209.03%
• Xinjiangtianshan Cement's dividend growth over the last five years (2018-2023) was 27.54% year
Xinjiangtianshan Cement Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-29 | ¥0.11 | annually | 2024-05-29 |
2023-06-02 | ¥0.27 | annually | 2023-06-02 |
2022-06-08 | ¥0.33 | annually | 2022-06-08 |
2021-05-26 | ¥0.48 | annually | 2021-05-26 |
2020-06-05 | ¥0.51 | annually | 2020-06-05 |
2019-05-29 | ¥0.38 | annually | 2019-05-29 |
2018-05-24 | ¥0.08 | annually | 2018-05-24 |
2017-05-18 | ¥0.04 | annually | 2017-05-18 |
2015-06-19 | ¥0.09 | annually | |
2014-06-03 | ¥0.10 | annually | |
2013-05-24 | ¥0.11 | annually | |
2012-05-16 | ¥0.70 | annually |
Xinjiangtianshan Cement Dividend per year
Xinjiangtianshan Cement Dividend growth
Xinjiangtianshan Cement Dividend Yield
Xinjiangtianshan Cement current trailing twelve-month (TTM) dividend yield is 1.76%. Interested in purchasing Xinjiangtianshan Cement stock? Use our calculator to estimate your expected dividend yield:
Xinjiangtianshan Cement Financial Ratios
Xinjiangtianshan Cement Dividend FAQ
Other factors to consider when evaluating Xinjiangtianshan Cement 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: Xinjiangtianshan Cement'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, Xinjiangtianshan Cement 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, Xinjiangtianshan Cement 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 Xinjiangtianshan Cement 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: Xinjiangtianshan Cement 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, Xinjiangtianshan Cement distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Xinjiangtianshan Cement 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 Xinjiangtianshan Cement'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 Xinjiangtianshan Cement'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.