Zoomlion Heavy Industry Science and Technology Co., Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of construction and agricultural machinery in the People's Republic of China and internationally. The company operates through three segments: Construction Machinery, Agricultural Machinery, and Financial Services. It offers concrete machineries, including truck-mounted concrete pumps, trailer-mounted concrete pumps, dry mortar products, concrete placing booms, concrete mixing plants, truck-mounted concrete mixers, truck-mounted line concrete pumps, and self-propelled boom concrete pumps; and cranes, such as truck cranes, all-terrain truck cranes, crawler cranes, and various types of tower cranes. The company also provides road construction and pile foundation machinery, earth working machinery, material handling machineries and systems, specialized vehicles, and vehicle axles; road building and maintenance machinery; hoisting machinery; and forklift trucks and other products for infrastructure and real estate construction. In addition, it offers various agricultural machineries comprising tractors, grain harvesters, and drying machines. Further, the company provides finance leasing, commercial factoring, and bond issuance services. Additionally, it leases and trades in equipment and machineries; researches and manufactures machine software, motor vehicle components, and hydraulic products; and exploits and manages tourism resources. The company was formerly known as Changsha Zoomlion Heavy Industry Science and Technology Development Co., Ltd. and changed its name to Zoomlion Heavy Industry Science and Technology Co., Ltd. in October 2011. Zoomlion Heavy Industry Science and Technology Co., Ltd. was founded in 1992 and is based in Changsha, the People's Republic of China.
Zoomlion Heavy Industry Science and Technology Dividend Announcement
• Zoomlion Heavy Industry Science and Technology announced a annually dividend of $0.44 per ordinary share which will be made payable on 2024-08-12. Ex dividend date: 2024-07-03
• Zoomlion Heavy Industry Science and Technology annual dividend for 2024 was $0.44
• Zoomlion Heavy Industry Science and Technology annual dividend for 2023 was $0.45
• Zoomlion Heavy Industry Science and Technology's trailing twelve-month (TTM) dividend yield is 6.62%
• Zoomlion Heavy Industry Science and Technology's payout ratio for the trailing twelve months (TTM) is 152.89%
• Zoomlion Heavy Industry Science and Technology's dividend growth over the last five years (2018-2023) was 7.34% year
Zoomlion Heavy Industry Science and Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-03 | $0.44 | annually | 2024-08-12 |
2023-06-30 | $0.45 | annually | 2023-08-07 |
2022-06-06 | $0.48 | annually | 2022-07-25 |
2021-05-28 | $0.49 | annually | 2021-07-22 |
2020-09-17 | $0.31 | annually | 2020-11-12 |
2019-06-21 | $0.36 | annually | 2019-08-20 |
2018-07-02 | $0.31 | annually | 2018-09-10 |
2016-06-29 | $0.23 | annually | |
2015-06-30 | $0.07 | annually | |
2014-06-30 | $0.24 | annually | |
2013-06-18 | $0.33 | annually |
Zoomlion Heavy Industry Science and Technology Dividend per year
Zoomlion Heavy Industry Science and Technology Dividend growth
Zoomlion Heavy Industry Science and Technology Dividend Yield
Zoomlion Heavy Industry Science and Technology current trailing twelve-month (TTM) dividend yield is 6.62%. Interested in purchasing Zoomlion Heavy Industry Science and Technology stock? Use our calculator to estimate your expected dividend yield:
Zoomlion Heavy Industry Science and Technology Financial Ratios
Zoomlion Heavy Industry Science and Technology Dividend FAQ
Other factors to consider when evaluating Zoomlion Heavy Industry Science and Technology 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.
Place an order: Use the brokerage's trading platform to place an order to buy Zoomlion Heavy Industry Science and Technology 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.
1. Determination of Dividend: Zoomlion Heavy Industry Science and Technology'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, Zoomlion Heavy Industry Science and Technology 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, Zoomlion Heavy Industry Science and Technology 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 Zoomlion Heavy Industry Science and Technology 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: Zoomlion Heavy Industry Science and Technology 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, Zoomlion Heavy Industry Science and Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Zoomlion Heavy Industry Science and Technology 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 Zoomlion Heavy Industry Science and Technology'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 Zoomlion Heavy Industry Science and Technology'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.