Bright Dairy & Food Co.,Ltd engages in the development, production, and sale of dairy products, dairy cow breeding, cultivation, logistics and distribution activities in China. It primarily offers fresh milk and yogurt, room temperature yogurts, lactic acid bacteria drinks, infant and middle-aged and elderly milk powders, cheese, butter, cold drinks, and other products. The company was formerly known as Shanghai Guangming Dairy Co., Ltd. and changed its name to Bright Dairy & Food Co.,Ltd in 2003. The company was founded in 1911 and is based in Shanghai, China. Bright Dairy & Food Co.,Ltd is a subsidiary of Bright Food (Group) Co., LTD.
Bright Dairy & Food Dividend Announcement
• Bright Dairy & Food announced a annually dividend of ¥0.22 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-28
• Bright Dairy & Food annual dividend for 2024 was ¥0.22
• Bright Dairy & Food annual dividend for 2023 was ¥0.08
• Bright Dairy & Food's trailing twelve-month (TTM) dividend yield is 2.58%
• Bright Dairy & Food's payout ratio for the trailing twelve months (TTM) is 104.50%
• Bright Dairy & Food's dividend growth over the last five years (2018-2023) was -12.94% year
• Bright Dairy & Food's dividend growth over the last ten years (2013-2023) was -7.79% year
Bright Dairy & Food Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | ¥0.22 | annually | 2024-06-28 |
2023-05-31 | ¥0.08 | annually | 2023-05-31 |
2022-07-20 | ¥0.16 | annually | 2022-07-20 |
2021-05-21 | ¥0.16 | annually | 2021-05-21 |
2020-06-30 | ¥0.13 | annually | 2020-06-30 |
2019-05-31 | ¥0.10 | annually | 2019-05-31 |
2018-06-06 | ¥0.16 | annually | 2018-06-06 |
2017-05-19 | ¥0.15 | annually | 2017-05-19 |
2016-06-28 | ¥0.12 | annually | |
2015-05-26 | ¥0.28 | annually | |
2014-05-19 | ¥0.20 | annually | |
2013-05-27 | ¥0.18 | annually |
Bright Dairy & Food Dividend per year
Bright Dairy & Food Dividend growth
Bright Dairy & Food Dividend Yield
Bright Dairy & Food current trailing twelve-month (TTM) dividend yield is 2.58%. Interested in purchasing Bright Dairy & Food stock? Use our calculator to estimate your expected dividend yield:
Bright Dairy & Food Financial Ratios
Bright Dairy & Food Dividend FAQ
Other factors to consider when evaluating Bright Dairy & Food 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: Bright Dairy & Food'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, Bright Dairy & Food 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, Bright Dairy & Food 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 Bright Dairy & Food 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: Bright Dairy & Food 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, Bright Dairy & Food distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bright Dairy & Food 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 Bright Dairy & Food'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 Bright Dairy & Food'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.