Yangzijiang Shipbuilding (Holdings) Ltd., an investment holding company, engages in the shipbuilding activities in the People's Republic of China, Taiwan, Germany, Africa, North America, the United States, Malta, the Netherlands, Japan, Greece, Norway, Canada, British Virgin Islands, Korea, other Asian and European countries, and internationally. It operates through Shipbuilding, Shipping, and Others segments. The company produces a range of commercial vessels, such as containerships, dry bulk carriers, and liquefied natural gas carriers. It also engages in the production and processing of steel structures; offshore marine equipment construction and ship design; and vessel owning activities. In addition, the company facilitates the sale and export of ships for the ship builder; and trading in ship related equipment and shipbuilding related materials/supplies, as well as provides ship repairing services. Further, it engages in the architecture and marine engineering field, as well as owns and operates a tank terminal. The company was founded in 1956 and is based in Jingjiang, China.
Yangzijiang Shipbuilding Dividend Announcement
• Yangzijiang Shipbuilding announced a annually dividend of S$0.07 per ordinary share which will be made payable on 2024-05-08. Ex dividend date: 2024-04-29
• Yangzijiang Shipbuilding annual dividend for 2024 was S$0.07
• Yangzijiang Shipbuilding annual dividend for 2023 was S$0.05
• Yangzijiang Shipbuilding's trailing twelve-month (TTM) dividend yield is 2.41%
• Yangzijiang Shipbuilding's payout ratio for the trailing twelve months (TTM) is 37.85%
• Yangzijiang Shipbuilding's dividend growth over the last five years (2018-2023) was 2.13% year
Yangzijiang Shipbuilding Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-29 | S$0.07 | annually | 2024-05-08 |
2023-05-10 | S$0.05 | annually | 2023-05-25 |
2022-05-12 | S$0.05 | annually | 2022-05-27 |
2021-05-11 | S$0.04 | annually | 2021-05-28 |
2020-05-13 | S$0.04 | annually | 2020-05-28 |
2019-05-21 | S$0.05 | annually | 2019-06-07 |
2018-05-18 | S$0.04 | annually | 2018-06-07 |
2017-05-18 | S$0.04 | annually | 2017-06-07 |
2016-05-04 | S$0.04 | annually | |
2015-05-18 | S$0.06 | annually | |
2014-05-09 | S$0.05 | annually | |
2013-05-08 | S$0.05 | annually |
Yangzijiang Shipbuilding Dividend per year
Yangzijiang Shipbuilding Dividend growth
Yangzijiang Shipbuilding Dividend Yield
Yangzijiang Shipbuilding current trailing twelve-month (TTM) dividend yield is 2.41%. Interested in purchasing Yangzijiang Shipbuilding stock? Use our calculator to estimate your expected dividend yield:
Yangzijiang Shipbuilding Financial Ratios
Yangzijiang Shipbuilding Dividend FAQ
Other factors to consider when evaluating Yangzijiang Shipbuilding 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: Yangzijiang Shipbuilding'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, Yangzijiang Shipbuilding 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, Yangzijiang Shipbuilding 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 Yangzijiang Shipbuilding 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: Yangzijiang Shipbuilding 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, Yangzijiang Shipbuilding distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Yangzijiang Shipbuilding 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 Yangzijiang Shipbuilding'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 Yangzijiang Shipbuilding'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.