Angel Yeast Co., Ltd engages in the production of yeast and yeast derivatives in the People's Republic of China and internationally. It offers baking products, including baker's yeast, bread improver, premixes, and other baking ingredients; Chinese dimsum and seasoning products; and yeast extract-savoury products. The company also provides nutritional and health products comprising nutritional yeast for use in dietary supplements, and animal nutrition and cosmetics fields, as well as animal and plant nutrition products. In addition, it offers distilled spirits and biofuels; microbial nutritional products; and enzymes. The company markets its products under the Angel, Angest, Eagle, Gloripan, Bakerdream, and Fabao brands. Angel Yeast Co., Ltd was founded in 1986 and is based in Yichang, the People's Republic of China.
Angel Yeast Dividend Announcement
• Angel Yeast announced a annually dividend of ¥0.50 per ordinary share which will be made payable on 2024-05-28. Ex dividend date: 2024-05-28
• Angel Yeast annual dividend for 2024 was ¥0.50
• Angel Yeast annual dividend for 2023 was ¥0.50
• Angel Yeast 's trailing twelve-month (TTM) dividend yield is 1.32%
• Angel Yeast 's payout ratio for the trailing twelve months (TTM) is 102.91%
• Angel Yeast 's dividend growth over the last five years (2018-2023) was 7.39% year
• Angel Yeast 's dividend growth over the last ten years (2013-2023) was 12.79% year
Angel Yeast Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-28 | ¥0.50 | annually | 2024-05-28 |
2023-05-22 | ¥0.50 | annually | 2023-05-22 |
2022-05-13 | ¥0.50 | annually | 2022-05-13 |
2021-06-29 | ¥0.49 | annually | 2021-06-29 |
2020-05-15 | ¥0.40 | annually | 2020-05-15 |
2019-06-04 | ¥0.35 | annually | 2019-06-04 |
2018-06-13 | ¥0.35 | annually | 2018-06-13 |
2017-05-05 | ¥0.30 | annually | 2017-05-05 |
2016-05-06 | ¥0.30 | annually | |
2015-06-10 | ¥0.15 | annually | |
2014-05-19 | ¥0.15 | annually | |
2013-06-03 | ¥0.15 | annually |
Angel Yeast Dividend per year
Angel Yeast Dividend growth
Angel Yeast Dividend Yield
Angel Yeast current trailing twelve-month (TTM) dividend yield is 1.32%. Interested in purchasing Angel Yeast stock? Use our calculator to estimate your expected dividend yield:
Angel Yeast Financial Ratios
Angel Yeast Dividend FAQ
Other factors to consider when evaluating Angel Yeast 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: Angel Yeast '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, Angel Yeast 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, Angel Yeast 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 Angel Yeast 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: Angel Yeast 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, Angel Yeast distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Angel Yeast 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 Angel Yeast '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 Angel Yeast '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.