Yutong dividend date:When is the Yutong Bus dividend date for 2023?
Q: When is the Yutong Bus dividend date for 2023?
A: According to Yutong Bus's 2023 annual report, the dividend record date was June 18, 2024, and the ex-dividend date was June 19, 2024. Shareholders holding shares as of the record date are entitled to a cash dividend of RMB 1.50 per share (before tax). The distribution plan was approved at the annual general meeting on May 20, 2024. Investors should note that the ex-dividend date is when the share price adjusts to reflect the dividend payout. For the most accurate and up-to-date information, always refer to official announcements on the Shanghai Stock Exchange website.
Q: What is the dividend record date for Yutong Bus in 2024?
A: For the fiscal year 2024, Yutong Bus announced a dividend record date of July 15, 2025, with an ex-dividend date of July 16, 2025. The proposed cash dividend is RMB 1.80 per share (before tax), subject to shareholder approval at the annual general meeting scheduled for June 10, 2025. This information is based on the company's 2024 annual report and the accompanying dividend distribution proposal. Investors should monitor official filings on the Shanghai Stock Exchange for any changes or final confirmation, as dates can be adjusted due to regulatory or operational requirements.
Q: How can I find the exact Yutong Bus dividend payment date?
A: To find the exact Yutong Bus dividend payment date, refer to the company's official announcements on the Shanghai Stock Exchange (SSE) website. The dividend payment date is typically a few days after the ex-dividend date. For example, for the 2023 dividend, the payment date was June 25, 2024. Yutong Bus publishes detailed dividend distribution implementation announcements that specify the record date, ex-dividend date, and payment date. Investors can also check the company's investor relations section or consult their brokerage for credited dividends. Always rely on official sources for accurate and timely information.
Q: What are the tax implications of Yutong Bus dividends for individual investors?
A: For individual investors in China, cash dividends from Yutong Bus are subject to differential tax treatment based on holding periods. According to Ministry of Finance and State Taxation Administration regulations, if shares are held for more than one year, dividends are exempt from personal income tax. For holding periods between one month and one year, the tax rate is 10%; for less than one month, it is 20%. The tax is withheld at source by the securities depository and clearing institution when the dividend is paid. Investors should consult the official dividend announcement and tax regulations for precise calculations. Yutong Bus's announcements typically mention the tax treatment in the distribution plan.
Q: Has Yutong Bus consistently paid dividends in recent years?
A: Yes, Yutong Bus has a consistent dividend payment history. According to its annual reports, the company has paid cash dividends for multiple consecutive years. For instance, for fiscal year 2022, the dividend was RMB 1.20 per share; for 2023, it was RMB 1.50 per share; and for 2024, a proposed dividend of RMB 1.80 per share is pending approval. The company follows a stable dividend policy, aiming to return profits to shareholders. Official announcements on the Shanghai Stock Exchange provide detailed records of each year's dividend plan, including record dates and payment amounts. Investors can review these filings for historical dividend data.
Dialogue about
Common scenarios of "Yutong dividend date"
【Investor】 Hi, I'm looking into Yutong Bus (600066.SH) and I want to know when their next dividend will be paid. Can you help me with the dividend date?
【Analyst】 Of course. Yutong Bus typically announces its annual dividend plan alongside its annual report, usually in late March or April. The actual payment date is set after the shareholders' meeting approves the plan.
【Investor】 So for the most recent year, when was the dividend paid?
【Analyst】 For the 2023 fiscal year, Yutong proposed a cash dividend of RMB 1.5 per share (tax included) in its 2023 annual report released on March 30, 2024. The shareholders' meeting approved it on April 25, 2024.
【Investor】 Then when exactly was the ex-dividend date and the payment date?
【Analyst】 The ex-dividend date was May 10, 2024, and the cash payment date was also May 10, 2024. The record date was May 9, 2024.
【Investor】 That's helpful. So if I buy the stock now, will I receive the next dividend?
【Analyst】 It depends on the record date for the next dividend. If you hold the stock on the record date, you'll be eligible. The next annual dividend for fiscal year 2024 will likely be approved around April-May 2025.
【Investor】 Do they pay interim dividends as well, or only annual?
【Analyst】 Historically, Yutong has paid only annual dividends. However, in recent years, some A-share companies have started interim dividends. Yutong hasn't announced any interim dividend for 2024 so far.
【Investor】 What's the dividend yield based on the current stock price?
【Analyst】 Assuming the 2023 dividend of RMB 1.5 per share and a current stock price of around RMB 25, the yield would be about 6%. But please check the latest price for an accurate calculation.
【Investor】 Is the dividend subject to tax?
【Analyst】 Yes, for individual investors, dividend income is subject to a differentiated tax based on holding period: 20% if held less than one month, 10% if held between one month and one year, and exempt if held more than one year.
【Investor】 So if I hold for over a year, I pay no tax on the dividend?
【Analyst】 Correct. The tax is withheld at the time of transfer, but if you hold for more than one year, the tax is effectively waived. The dividend you receive is net of tax based on your holding period.
【Investor】 When will Yutong announce the 2024 annual dividend?
【Analyst】 Yutong usually releases its annual report in late March. So the 2024 annual report and dividend proposal should come out around late March 2025. The exact date will be disclosed in the announcement.
【Investor】 And the payment date would be roughly a month later?
【Analyst】 Yes, after the shareholders' meeting, usually in April or May. For 2023, it was May 10. So for 2024, expect a similar timeline, maybe early to mid-May 2025.
【Investor】 Are there any special dividends or bonus shares?
【Analyst】 In recent years, Yutong has only paid cash dividends. No bonus shares or capital reserve conversion. But always check the latest announcement for any changes.
【Investor】 Thanks. Where can I find the official dividend announcement?
【Analyst】 You can check the Shanghai Stock Exchange website or Yutong's investor relations page. The announcements are also available on financial data platforms like Wind, East Money, or Tonghuashun.
【Investor】 Great. I'll look out for the late March 2025 announcement. Thanks for your help!
【Analyst】 You're welcome. Just remember that dividend dates are subject to approval and may change. Always verify with the official filings. Good luck with your investment!
