Black Peony (Group) Co., Ltd. engages in the construction and textile businesses in China and internationally. It is also involved in the manufacture and sale of denim fabric, yarn-dyed-fabrics, khaki, corduroy, and other casual wear; and real estate development business. In addition, the company imports and exports various goods, industrial products, textiles, labor supplies, household goods, department store products, hardware products, electrical goods, and decoration materials. It also exports its textile products to the United States, Japan, Russia, Hong Kong, Australia, and internationally. The company was formerly known as Changzhou Second Sezhi Co., Ltd. and changed its name to Black Peony (Group) Co., Ltd. in March 1995. The company was founded in 1940 and is based in Changzhou, China. Black Peony (Group) Co., Ltd. is a subsidiary of Changzhou Hi-tech Group Co., Ltd.
Black Peony Dividend Announcement
• Black Peony announced a annually dividend of ¥0.12 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-07-05
• Black Peony annual dividend for 2024 was ¥0.12
• Black Peony annual dividend for 2023 was ¥0.21
• Black Peony's trailing twelve-month (TTM) dividend yield is 2.44%
• Black Peony's payout ratio for the trailing twelve months (TTM) is 1395.01%
• Black Peony's dividend growth over the last five years (2018-2023) was 8.14% year
• Black Peony's dividend growth over the last ten years (2013-2023) was 4.52% year
Black Peony Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-05 | ¥0.12 | annually | 2024-07-05 |
2023-07-07 | ¥0.21 | annually | 2023-07-07 |
2022-07-08 | ¥0.23 | annually | 2022-07-08 |
2021-07-09 | ¥0.23 | annually | 2021-07-09 |
2020-07-09 | ¥0.23 | annually | 2020-07-09 |
2019-07-05 | ¥0.20 | annually | 2019-07-05 |
2018-07-05 | ¥0.14 | annually | 2018-07-05 |
2017-07-07 | ¥0.11 | annually | 2017-07-07 |
2016-07-07 | ¥0.08 | annually | |
2015-07-10 | ¥0.09 | annually | |
2014-07-04 | ¥0.15 | annually | |
2013-06-06 | ¥0.14 | annually |
Black Peony Dividend per year
Black Peony Dividend growth
Black Peony Dividend Yield
Black Peony current trailing twelve-month (TTM) dividend yield is 2.44%. Interested in purchasing Black Peony stock? Use our calculator to estimate your expected dividend yield:
Black Peony Financial Ratios
Black Peony Dividend FAQ
Other factors to consider when evaluating Black Peony 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: Black Peony'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, Black Peony 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, Black Peony 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 Black Peony 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: Black Peony 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, Black Peony distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Black Peony 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 Black Peony'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 Black Peony'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.