Chaowei Power Holdings Limited, together with its subsidiaries, manufactures and sells lead-acid motive batteries, lithium-ion batteries, and other related products for use in electric bikes, electric tricycles, and special-purpose electric vehicles in the People's Republic of China. The company also manufactures and sells storage batteries; and electrode plate dividing papers and plastic battery cases. In addition, it is involved in the research and development of solar energy generating systems, and durathon batteries, as well as property investment activities. As of Chaowei Power Holdings Limited was founded in 1998 and is headquartered in Changxing, the People's Republic of China.
Chaowei Power Dividend Announcement
• Chaowei Power announced a annually dividend of HK$0.05 per ordinary share which will be made payable on 2024-07-17. Ex dividend date: 2024-06-11
• Chaowei Power annual dividend for 2024 was HK$0.05
• Chaowei Power annual dividend for 2023 was HK$0.07
• Chaowei Power's trailing twelve-month (TTM) dividend yield is 4.03%
• Chaowei Power's payout ratio for the trailing twelve months (TTM) is 19.33%
• Chaowei Power's dividend growth over the last five years (2018-2023) was -2.20% year
Chaowei Power Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-11 | HK$0.05 | annually | 2024-07-17 |
2023-06-08 | HK$0.07 | annually | 2023-07-14 |
2022-06-13 | HK$0.09 | annually | 2022-07-15 |
2021-06-15 | HK$0.12 | annually | 2021-07-16 |
2020-06-12 | HK$0.08 | annually | 2020-07-16 |
2019-06-14 | HK$0.07 | annually | 2019-07-11 |
2018-07-03 | HK$0.07 | annually | 2018-07-19 |
2017-06-12 | HK$0.08 | annually | 2017-06-27 |
2016-06-06 | HK$0.10 | annually | |
2014-06-09 | HK$0.12 | annually | |
2013-06-10 | HK$0.15 | annually | |
2012-05-28 | HK$0.14 | annually |
Chaowei Power Dividend per year
Chaowei Power Dividend growth
Chaowei Power Dividend Yield
Chaowei Power current trailing twelve-month (TTM) dividend yield is 4.03%. Interested in purchasing Chaowei Power stock? Use our calculator to estimate your expected dividend yield:
Chaowei Power Financial Ratios
Chaowei Power Dividend FAQ
Other factors to consider when evaluating Chaowei Power 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: Chaowei Power'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, Chaowei Power 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, Chaowei Power 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 Chaowei Power 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: Chaowei Power 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, Chaowei Power distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Chaowei Power 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 Chaowei Power'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 Chaowei Power'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.