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Zhejiang Expressway Co., Ltd., an investment holding company, invests, develops, operates, maintains, and manages roads in the People's Republic of China. It operates through Toll Operation, Securities Operation, and Others segments. The Toll Operation segment operates and manages high grade roads; and collects expressway tolls. The Securities Operation segment offers securities and future broking, margin financing and securities lending, securities underwriting and sponsorship, asset management, advisory, and proprietary trading services. The Others segment engages in hotel operation, high grade road construction, investment in other financial institutions, and other ancillary activities. The company also offers vehicle towing, repair and emergency, and rescue services. Zhejiang Expressway Co., Ltd. was incorporated in 1997 and is based in Hangzhou, the People's Republic of China. Zhejiang Expressway Co., Ltd. is a subsidiary of Zhejiang Communications Investment Group Co., Ltd.

Zhejiang Expressway Dividend Announcement

Zhejiang Expressway announced a annually dividend of $0.05 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-05-10
Zhejiang Expressway annual dividend for 2024 was $0.05
Zhejiang Expressway annual dividend for 2023 was $0.05
Zhejiang Expressway's trailing twelve-month (TTM) dividend yield is 6.63%
Zhejiang Expressway's payout ratio for the trailing twelve months (TTM) is 70.96%
Zhejiang Expressway's dividend growth over the last five years (2018-2023) was -31.03% year
Zhejiang Expressway's dividend growth over the last ten years (2013-2023) was -15.76% year

Zhejiang Expressway Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-10$0.05annually2024-07-05
2023-05-08$0.05annually2023-06-16
2022-07-05$0.06annually2022-07-28
2021-04-23$0.05annually2021-06-30
2020-05-19$0.05annually2020-06-30
2019-06-04$0.05annually2019-07-05
2018-08-29$0.30annually
2018-07-05$0.05annually2018-08-21
2017-12-20$0.01annually2018-01-19
2017-05-22$0.04annually2017-06-26
2016-12-30$0.07annually
2016-05-10$0.04annually
2015-10-19$0.01annually
2015-06-22$0.04annually
2014-10-20$0.01annually
2014-05-08$0.04annually
2013-10-21$0.06annually
2013-06-25$0.24annually

Zhejiang Expressway Dividend per year

Zhejiang Expressway Dividend growth

Zhejiang Expressway Dividend Yield

Zhejiang Expressway current trailing twelve-month (TTM) dividend yield is 6.63%. Interested in purchasing Zhejiang Expressway stock? Use our calculator to estimate your expected dividend yield:

Zhejiang Expressway Financial Ratios

P/E ratio5.74
PEG ratio0.01
P/B ratio0.74
ROE13.52%
Payout ratio70.96%
Current ratio1.50
Quick ratio1.48
Cash Ratio0.23

Zhejiang Expressway Dividend FAQ

How much is the next Zhejiang Expressway dividend?
Zhejiang Expressway's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Zhejiang Expressway dividend. The next Zhejiang Expressway dividend will be released in May.
When is Zhejiang Expressway dividend paid?
Zhejiang Expressway pays dividends on a annually basis. The specific dates may vary each year but are generally around May. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Zhejiang Expressway pay?
The specific amount of Zhejiang Expressway dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Zhejiang Expressway's dividend history.
Does Zhejiang Expressway stock pay dividends?
Yes, Zhejiang Expressway does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Zhejiang Expressway's dividend history.
How much dividend does Zhejiang Expressway pay?
Zhejiang Expressway paid $0.045 in 2024, $0.054 in 2023, $0.056 in 2022, $0.054 in 2021, and $0.046 in 2020.
How often does Zhejiang Expressway pay dividends?
Zhejiang Expressway typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is Zhejiang Expressway's dividend yield?
The current dividend yield for Zhejiang Expressway is 6.63%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Zhejiang Expressway's exact dividend yield.
When does Zhejiang Expressway go ex dividend?
Zhejiang Expressway's ex-dividend date for the latest dividend was on 2024-05-10. Zhejiang Expressway typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Zhejiang Expressway dividend paid?
Zhejiang Expressway pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Zhejiang Expressway increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Zhejiang Expressway will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Zhejiang Expressway dividend per share?
Zhejiang Expressway paid $0.045 per share in 2024 and $0.054 per share in 2023. The amount of dividend per share that Zhejiang Expressway pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Zhejiang Expressway a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Zhejiang Expressway a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Zhejiang Expressway a dividend stock?
Yes, Zhejiang Expressway is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhejiang Expressway a good dividend stock?
Whether Zhejiang Expressway is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Zhejiang Expressway has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Zhejiang Expressway 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.
Does Zhejiang Expressway pay dividends monthly?
Zhejiang Expressway typically pays dividends on a annually basis.
Does Zhejiang Expressway pay dividends quarterly?
Zhejiang Expressway currently pays dividends on a annually basis.
Has Zhejiang Expressway ever paid a dividend?
Yes, Zhejiang Expressway has a history of paying dividends to its shareholders. Zhejiang Expressway is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiang Expressway dividend stocks?
To buy Zhejiang Expressway you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Zhejiang Expressway stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Zhejiang Expressway pay dividends 2024?
Zhejiang Expressway pays dividends on a annually basis. 2024 dividend payments are in 2024-07-05. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Zhejiang Expressway increase its dividend in 2024?
Decisions regarding Zhejiang Expressway dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Zhejiang Expressway dividend overview you can look into the above table of dividend history.
How Zhejiang Expressway dividend works?
The Zhejiang Expressway dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Zhejiang Expressway's dividend process works:

1. Determination of Dividend: Zhejiang Expressway'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, Zhejiang Expressway 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, Zhejiang Expressway 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 Zhejiang Expressway 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.
How are Zhejiang Expressway dividends paid?
Zhejiang Expressway dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Zhejiang Expressway 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, Zhejiang Expressway distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Zhejiang Expressway 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.
How many times does Zhejiang Expressway pay dividends?
Zhejiang Expressway typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Zhejiang Expressway pay dividends?
The general pattern is that Zhejiang Expressway pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Zhejiang Expressway dividend safe?
The safety of Zhejiang Expressway's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Zhejiang Expressway'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 Zhejiang Expressway'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.