Argus (Shanghai) Textile Chemicals Co.,Ltd. engages in the research and development, manufacture, and marketing of textile chemicals in China. The company offers dyes for cellulose, polyamide, wool, polyester, and silk; and pretreatment, dyeing, finishing, and printing auxiliaries, as well as enzyme, wool textile chemicals, and optical brightening agents. In addition, the company provides technical support and color services. The company also exports its products to Malaysia, the Philippines, Vietnam, Bangladesh, Pakistan, Turkey, etc. Argus (Shanghai) Textile Chemicals Co.,Ltd. is headquartered in Shanghai, China.
Argus Textile Chemicals Dividend Announcement
• Argus Textile Chemicals announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-06-17. Ex dividend date: 2024-06-17 • Argus Textile Chemicals annual dividend for 2024 was ¥0.10 • Argus Textile Chemicals annual dividend for 2023 was ¥0.08 • Argus Textile Chemicals's trailing twelve-month (TTM) dividend yield is 0.84% • Argus Textile Chemicals's payout ratio for the trailing twelve months (TTM) is 48.77%
Argus Textile Chemicals current trailing twelve-month (TTM) dividend yield is 0.84%. Interested in purchasing Argus Textile Chemicals stock? Use our calculator to estimate your expected dividend yield:
Argus Textile Chemicals Financial Ratios
P/E ratio41.58
PEG ratio-17.46
P/B ratio1.84
ROE4.48%
Payout ratio48.77%
Current ratio2.28
Quick ratio1.24
Cash Ratio0.33
Argus Textile Chemicals Dividend FAQ
How much is the next Argus Textile Chemicals dividend?
Argus Textile Chemicals's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Argus Textile Chemicals dividend. The next Argus Textile Chemicals dividend will be released in June.
When is Argus Textile Chemicals dividend paid?
Argus Textile Chemicals pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Argus Textile Chemicals pay?
The specific amount of Argus Textile Chemicals 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 Argus Textile Chemicals's dividend history.
Does Argus Textile Chemicals stock pay dividends?
Yes, Argus Textile Chemicals 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 Argus Textile Chemicals's dividend history.
How much dividend does Argus Textile Chemicals pay?
Argus Textile Chemicals paid ¥0.1 in 2024, ¥0.08 in 2023, ¥0.12 in 2022, ¥0.1 in 2021, and ¥0.2 in 2020.
How often does Argus Textile Chemicals pay dividends?
Argus Textile Chemicals 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 June.
What is Argus Textile Chemicals's dividend yield?
The current dividend yield for Argus Textile Chemicals is 0.84%. 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 Argus Textile Chemicals's exact dividend yield.
When does Argus Textile Chemicals go ex dividend?
Argus Textile Chemicals's ex-dividend date for the latest dividend was on 2024-06-17. Argus Textile Chemicals 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 Argus Textile Chemicals dividend paid?
Argus Textile Chemicals pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Argus Textile Chemicals 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 Argus Textile Chemicals 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 Argus Textile Chemicals dividend per share?
Argus Textile Chemicals paid ¥0.1 per share in 2024 and ¥0.08 per share in 2023. The amount of dividend per share that Argus Textile Chemicals 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 Argus Textile Chemicals 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 Argus Textile Chemicals 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 Argus Textile Chemicals a dividend stock?
Yes, Argus Textile Chemicals is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Argus Textile Chemicals a good dividend stock?
Whether Argus Textile Chemicals is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Argus Textile Chemicals has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Argus Textile Chemicals 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 Argus Textile Chemicals pay dividends monthly?
Argus Textile Chemicals typically pays dividends on a annually basis.
Does Argus Textile Chemicals pay dividends quarterly?
Argus Textile Chemicals currently pays dividends on a annually basis.
Has Argus Textile Chemicals ever paid a dividend?
Yes, Argus Textile Chemicals has a history of paying dividends to its shareholders. Argus Textile Chemicals is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Argus Textile Chemicals dividend stocks?
To buy Argus Textile Chemicals 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 Argus Textile Chemicals 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 Argus Textile Chemicals pay dividends 2024?
Argus Textile Chemicals pays dividends on a annually basis. 2024 dividend payments are in 2024-06-17. 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 Argus Textile Chemicals increase its dividend in 2024?
Decisions regarding Argus Textile Chemicals 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 Argus Textile Chemicals dividend overview you can look into the above table of dividend history.
How Argus Textile Chemicals dividend works?
The Argus Textile Chemicals 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 Argus Textile Chemicals's dividend process works:
1. Determination of Dividend: Argus Textile Chemicals'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, Argus Textile Chemicals 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, Argus Textile Chemicals 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 Argus Textile Chemicals 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 Argus Textile Chemicals dividends paid?
Argus Textile Chemicals dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Argus Textile Chemicals 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, Argus Textile Chemicals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Argus Textile Chemicals 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 Argus Textile Chemicals pay dividends?
Argus Textile Chemicals 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 Argus Textile Chemicals pay dividends?
The general pattern is that Argus Textile Chemicals pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Argus Textile Chemicals dividend safe?
The safety of Argus Textile Chemicals'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 Argus Textile Chemicals'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 Argus Textile Chemicals'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.