Zhongtong Bus Holding Co., Ltd. manufactures and sells buses in China. The company offers coaches, city buses, group buses, electric buses, stock buses, and luxury business buses, as well as negative pressure ambulances, commuter shuttle buses, highway buses, tourist buses, school buses, logistics vehicles, VIP cars, and recreation vehicles. It also exports its products to approximately 90 countries and regions. The company was formerly known as Zhongtong Bus Co.,Ltd. and changed its name to Zhongtong Bus Holding Co., Ltd. in June 2021. Zhongtong Bus Holding Co., Ltd. was founded in 1958 and is based in Liaocheng, China.
Zhongtong Bus Dividend Announcement
• Zhongtong Bus announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2024-06-25. Ex dividend date: 2024-06-25 • Zhongtong Bus annual dividend for 2024 was ¥0.03 • Zhongtong Bus's trailing twelve-month (TTM) dividend yield is 0.3% • Zhongtong Bus's payout ratio for the trailing twelve months (TTM) is 21.92%
Zhongtong Bus current trailing twelve-month (TTM) dividend yield is 0.3%. Interested in purchasing Zhongtong Bus stock? Use our calculator to estimate your expected dividend yield:
Zhongtong Bus Financial Ratios
P/E ratio34.42
PEG ratio0.33
P/B ratio2.27
ROE6.82%
Payout ratio21.92%
Current ratio1.32
Quick ratio1.18
Cash Ratio0.51
Zhongtong Bus Dividend FAQ
How much is the next Zhongtong Bus dividend?
Zhongtong Bus's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Zhongtong Bus dividend. The next Zhongtong Bus dividend will be released in .
When is Zhongtong Bus dividend paid?
Zhongtong Bus pays dividends on a annually basis. The specific dates may vary each year but are generally around . 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 Zhongtong Bus pay?
The specific amount of Zhongtong Bus 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 Zhongtong Bus's dividend history.
Does Zhongtong Bus stock pay dividends?
Yes, Zhongtong Bus 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 Zhongtong Bus's dividend history.
How much dividend does Zhongtong Bus pay?
Zhongtong Bus paid ¥0.034 in 2024, ¥0.0 in 2023, ¥0.0 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Zhongtong Bus pay dividends?
Zhongtong Bus 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 .
What is Zhongtong Bus's dividend yield?
The current dividend yield for Zhongtong Bus is 0.3%. 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 Zhongtong Bus's exact dividend yield.
When does Zhongtong Bus go ex dividend?
Zhongtong Bus's ex-dividend date for the latest dividend was on 2024-06-25. Zhongtong Bus 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 Zhongtong Bus dividend paid?
Zhongtong Bus pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Zhongtong Bus 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 Zhongtong Bus 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 Zhongtong Bus dividend per share?
Zhongtong Bus paid ¥0.034 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Zhongtong Bus 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 Zhongtong Bus 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 Zhongtong Bus 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 Zhongtong Bus a dividend stock?
Yes, Zhongtong Bus is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhongtong Bus a good dividend stock?
Whether Zhongtong Bus is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Zhongtong Bus has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Zhongtong 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.
Does Zhongtong Bus pay dividends monthly?
Zhongtong Bus typically pays dividends on a annually basis.
Does Zhongtong Bus pay dividends quarterly?
Zhongtong Bus currently pays dividends on a annually basis.
Has Zhongtong Bus ever paid a dividend?
Yes, Zhongtong Bus has a history of paying dividends to its shareholders. Zhongtong Bus is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhongtong Bus dividend stocks?
To buy Zhongtong Bus 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 Zhongtong Bus 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 Zhongtong Bus pay dividends 2024?
Zhongtong Bus pays dividends on a annually basis. 2024 dividend payments are in 2024-06-25. 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 Zhongtong Bus increase its dividend in 2024?
Decisions regarding Zhongtong Bus 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 Zhongtong Bus dividend overview you can look into the above table of dividend history.
How Zhongtong Bus dividend works?
The Zhongtong Bus 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 Zhongtong Bus's dividend process works:
1. Determination of Dividend: Zhongtong 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, Zhongtong 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, Zhongtong 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 Zhongtong 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.
How are Zhongtong Bus dividends paid?
Zhongtong Bus dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Zhongtong 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, Zhongtong 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: Zhongtong 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.
How many times does Zhongtong Bus pay dividends?
Zhongtong Bus 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 Zhongtong Bus pay dividends?
The general pattern is that Zhongtong Bus pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Zhongtong Bus dividend safe?
The safety of Zhongtong Bus'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 Zhongtong 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 Zhongtong 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.