Centre Testing International Group Co. Ltd. provides testing, calibration, inspection, certification, and technical services in China and internationally. It operates through four segments: Life Science, Trade Guarantee, Consumer Goods, and Industrial Test. The company's services include hazardous substances testing, safety detection, EMC testing, environment safety testing, electronics reliability and failure analysis, material reliability and failure analysis, and metal and nonmetallic materials analysis; textile, footwear, and leather testing; toy testing; and automobile materials and component testing services. It also provides food, pharmaceuticals, cosmetics, feed, and food contact materials testing, inspection, and compliance; audit, measurement calibration, and dimension inspection; semiconductor testing; maritime hazardous materials management; freight assessment; certification and training; and application software development and testing services. The company serves various industries, including electrical and electronic products, building materials and engineering, maritime, metrology and calibration and geometry measurement, food and drug, vehicle, inspection and analysis for metal materials and parts, and CTI hardline and toy products, as well as textile, footwear, and leather products. Centre Testing International Group Co. Ltd. was founded in 2003 and is headquartered in Shenzhen, China.
Centre Testing International Dividend Announcement
• Centre Testing International announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-24
• Centre Testing International annual dividend for 2024 was ¥0.10
• Centre Testing International annual dividend for 2023 was ¥0.06
• Centre Testing International's trailing twelve-month (TTM) dividend yield is 0.71%
• Centre Testing International's payout ratio for the trailing twelve months (TTM) is 47.63%
• Centre Testing International's dividend growth over the last five years (2018-2023) was 19.14% year
• Centre Testing International's dividend growth over the last ten years (2013-2023) was -11.34% year
Centre Testing International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-24 | ¥0.10 | annually | 2024-05-24 |
2023-05-25 | ¥0.06 | annually | 2023-05-25 |
2022-05-26 | ¥0.06 | annually | 2022-05-26 |
2021-05-21 | ¥0.04 | annually | 2021-05-21 |
2020-05-20 | ¥0.04 | annually | 2020-05-20 |
2019-05-28 | ¥0.04 | annually | 2019-05-28 |
2018-05-28 | ¥0.03 | annually | 2018-05-28 |
2017-06-21 | ¥0.05 | annually | 2017-06-21 |
2016-05-20 | ¥0.10 | annually | |
2015-05-12 | ¥0.10 | annually | |
2014-05-13 | ¥0.20 | annually | |
2013-05-02 | ¥0.20 | annually |
Centre Testing International Dividend per year
Centre Testing International Dividend growth
Centre Testing International Dividend Yield
Centre Testing International current trailing twelve-month (TTM) dividend yield is 0.71%. Interested in purchasing Centre Testing International stock? Use our calculator to estimate your expected dividend yield:
Centre Testing International Financial Ratios
Centre Testing International Dividend FAQ
Other factors to consider when evaluating Centre Testing International 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: Centre Testing International'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, Centre Testing International 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, Centre Testing International 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 Centre Testing International 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: Centre Testing International 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, Centre Testing International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Centre Testing International 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 Centre Testing International'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 Centre Testing International'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.