Atlantic China Welding Consumables, Inc. manufactures and sells welding materials in China and internationally. The company offers welding electrodes, including carbon steel, low alloy steel, stainless steel, surfacing, cast iron, nickel and nickel alloy, and copper and copper alloy electrodes; and welding wires for MAG, MIG, TIG gas shielded welding solid, flux-cored, non-ferrous metal, and submerged arc welding and gas welding. It also provides flux products used in various melting and sintering fluxes for submerged arc welding and electroslag welding. The company's products are used for welding of equipment manufacturing, including petrochemical industry, ships, vehicles, boilers and pressure vessels, and aerospace; and infrastructure, such as bridges, railways, high-rise buildings, pipelines, and hydropower. Atlantic China Welding Consumables, Inc. was founded in 1949 and is headquartered in Zigong, China.
Atlantic China Welding Consumables Dividend Announcement
• Atlantic China Welding Consumables announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2024-08-09. Ex dividend date: 2024-08-09
• Atlantic China Welding Consumables annual dividend for 2024 was ¥0.06
• Atlantic China Welding Consumables annual dividend for 2023 was ¥0.03
• Atlantic China Welding Consumables's trailing twelve-month (TTM) dividend yield is 1.2%
• Atlantic China Welding Consumables's payout ratio for the trailing twelve months (TTM) is 68.92%
• Atlantic China Welding Consumables's dividend growth over the last five years (2018-2023) was 8.45% year
• Atlantic China Welding Consumables's dividend growth over the last ten years (2013-2023) was -8.12% year
Atlantic China Welding Consumables Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-09 | ¥0.06 | annually | 2024-08-09 |
2023-07-21 | ¥0.03 | annually | 2023-07-21 |
2022-07-28 | ¥0.03 | annually | 2022-07-28 |
2021-08-05 | ¥0.04 | annually | 2021-08-05 |
2020-08-06 | ¥0.03 | annually | 2020-08-06 |
2019-06-25 | ¥0.03 | annually | 2019-06-25 |
2018-07-19 | ¥0.02 | annually | 2018-07-19 |
2017-07-14 | ¥0.02 | annually | 2017-07-14 |
2016-06-20 | ¥0.04 | annually | |
2015-07-24 | ¥0.05 | annually | |
2014-07-31 | ¥0.06 | annually | |
2013-06-06 | ¥0.07 | annually |
Atlantic China Welding Consumables Dividend per year
Atlantic China Welding Consumables Dividend growth
Atlantic China Welding Consumables Dividend Yield
Atlantic China Welding Consumables current trailing twelve-month (TTM) dividend yield is 1.2%. Interested in purchasing Atlantic China Welding Consumables stock? Use our calculator to estimate your expected dividend yield:
Atlantic China Welding Consumables Financial Ratios
Atlantic China Welding Consumables Dividend FAQ
Other factors to consider when evaluating Atlantic China Welding Consumables 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: Atlantic China Welding Consumables'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, Atlantic China Welding Consumables 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, Atlantic China Welding Consumables 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 Atlantic China Welding Consumables 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: Atlantic China Welding Consumables 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, Atlantic China Welding Consumables distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Atlantic China Welding Consumables 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 Atlantic China Welding Consumables'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 Atlantic China Welding Consumables'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.