Yutong Bus Co.,Ltd. engages in the research and development, manufacture, and sale of busses in China. It offers city and intercity buses, coaches, school buses, airfield bus, and special vehicles, as well as e-vehicles. The company is also involved in the import and export trade business; production and sale of automotive parts and air conditioners; provision of tourist passenger, property, transportation, warehousing, and rental services; sale of automotive and accessories; real estate development and management; asset operations and investment management; and development and sale of software. As of December 31, 2020, it operated 220 chartered service stations and 330 authorized service outlets. The company was formerly known as Zhengzhou Yutong Bus Co., Ltd. Yutong Bus Co.,Ltd. was founded in 1963 and is headquartered in Zhengzhou, China.
Yutong Bus Dividend Announcement
• Yutong Bus announced a annually dividend of ¥1.50 per ordinary share which will be made payable on 2024-05-16. Ex dividend date: 2024-05-16
• Yutong Bus annual dividend for 2024 was ¥1.50
• Yutong Bus annual dividend for 2023 was ¥1.00
• Yutong Bus's trailing twelve-month (TTM) dividend yield is 6.3%
• Yutong Bus's payout ratio for the trailing twelve months (TTM) is 104.51%
• Yutong Bus's dividend growth over the last five years (2018-2023) was 14.87% year
• Yutong Bus's dividend growth over the last ten years (2013-2023) was 3.63% year
Yutong Bus Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-16 | ¥1.50 | annually | 2024-05-16 |
2023-05-19 | ¥1.00 | annually | 2023-05-19 |
2022-05-25 | ¥0.50 | annually | 2022-05-25 |
2021-05-21 | ¥0.50 | annually | 2021-05-21 |
2020-05-20 | ¥1.00 | annually | 2020-05-20 |
2019-05-15 | ¥0.50 | annually | 2019-05-15 |
2018-07-27 | ¥0.50 | annually | 2018-07-27 |
2017-06-14 | ¥1.00 | annually | 2017-06-14 |
2016-05-23 | ¥1.50 | annually | |
2015-05-20 | ¥1.00 | annually | |
2014-05-26 | ¥0.50 | annually | |
2013-05-15 | ¥0.70 | annually |
Yutong Bus Dividend per year
Yutong Bus Dividend growth
Yutong Bus Dividend Yield
Yutong Bus current trailing twelve-month (TTM) dividend yield is 6.3%. Interested in purchasing Yutong Bus stock? Use our calculator to estimate your expected dividend yield:
Yutong Bus Financial Ratios
Yutong Bus Dividend FAQ
Other factors to consider when evaluating Yutong Bus 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: Yutong Bus'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, Yutong Bus 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, Yutong Bus 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 Yutong Bus 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: Yutong Bus 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, Yutong Bus distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Yutong Bus 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 Yutong Bus'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 Yutong Bus'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.