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Chengxin Lithium Group Co., Ltd. engages in the mining, production, and sale of lithium salt in China. The company is also involved in the lithium dressing; and forestry businesses. Its products are used for applications in lithium-ion battery cathode materials, energy storage, petrochemical, pharmaceutical, and other fields. The company was formerly known as Shenzhen Chengxin Lithium Group Co., Ltd. and changed its name to Chengxin Lithium Group Co., Ltd. in September 2021. Chengxin Lithium Group Co., Ltd. was founded in 1997 and is based in Shenzhen, China.

Chengxin Lithium Dividend Announcement

Chengxin Lithium announced a annually dividend of ¥0.24 per ordinary share which will be made payable on 2024-04-26. Ex dividend date: 2024-04-26
Chengxin Lithium annual dividend for 2024 was ¥0.24
Chengxin Lithium annual dividend for 2023 was ¥0.65
Chengxin Lithium's trailing twelve-month (TTM) dividend yield is 1.56%
Chengxin Lithium's payout ratio for the trailing twelve months (TTM) is -112.28%

Chengxin Lithium Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-04-26¥0.24annually2024-04-26
2023-04-06¥0.65annually2023-04-06
2022-05-30¥0.10annually2022-05-30
2009-06-29¥0.10annually

Chengxin Lithium Dividend per year

Chengxin Lithium Dividend growth

Chengxin Lithium Dividend Yield

Chengxin Lithium current trailing twelve-month (TTM) dividend yield is 1.56%. Interested in purchasing Chengxin Lithium stock? Use our calculator to estimate your expected dividend yield:

Chengxin Lithium Financial Ratios

P/E ratio-16.85
PEG ratio0.32
P/B ratio1.19
ROE-6.80%
Payout ratio-112.28%
Current ratio0.94
Quick ratio0.57
Cash Ratio0.24

Chengxin Lithium Dividend FAQ

How much is the next Chengxin Lithium dividend?
Chengxin Lithium's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Chengxin Lithium dividend. The next Chengxin Lithium dividend will be released in April.
When is Chengxin Lithium dividend paid?
Chengxin Lithium pays dividends on a annually basis. The specific dates may vary each year but are generally around April. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Chengxin Lithium pay?
The specific amount of Chengxin Lithium dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Chengxin Lithium's dividend history.
Does Chengxin Lithium stock pay dividends?
Yes, Chengxin Lithium does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Chengxin Lithium's dividend history.
How much dividend does Chengxin Lithium pay?
Chengxin Lithium paid ¥0.24 in 2024, ¥0.65 in 2023, ¥0.1 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Chengxin Lithium pay dividends?
Chengxin Lithium typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around April.
What is Chengxin Lithium's dividend yield?
The current dividend yield for Chengxin Lithium is 1.56%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Chengxin Lithium's exact dividend yield.
When does Chengxin Lithium go ex dividend?
Chengxin Lithium's ex-dividend date for the latest dividend was on 2024-04-26. Chengxin Lithium typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Chengxin Lithium dividend paid?
Chengxin Lithium pays dividends on a annually basis, typically around April, but the exact dates can vary each year.
Will Chengxin Lithium increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Chengxin Lithium will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Chengxin Lithium dividend per share?
Chengxin Lithium paid ¥0.24 per share in 2024 and ¥0.65 per share in 2023. The amount of dividend per share that Chengxin Lithium pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Chengxin Lithium a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Chengxin Lithium a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Chengxin Lithium a dividend stock?
Yes, Chengxin Lithium is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Chengxin Lithium a good dividend stock?
Whether Chengxin Lithium is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Chengxin Lithium has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Chengxin Lithium 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.
Does Chengxin Lithium pay dividends monthly?
Chengxin Lithium typically pays dividends on a annually basis.
Does Chengxin Lithium pay dividends quarterly?
Chengxin Lithium currently pays dividends on a annually basis.
Has Chengxin Lithium ever paid a dividend?
Yes, Chengxin Lithium has a history of paying dividends to its shareholders. Chengxin Lithium is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Chengxin Lithium dividend stocks?
To buy Chengxin Lithium you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Chengxin Lithium stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Chengxin Lithium pay dividends 2024?
Chengxin Lithium pays dividends on a annually basis. 2024 dividend payments are in 2024-04-26. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Chengxin Lithium increase its dividend in 2024?
Decisions regarding Chengxin Lithium dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Chengxin Lithium dividend overview you can look into the above table of dividend history.
How Chengxin Lithium dividend works?
The Chengxin Lithium dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Chengxin Lithium's dividend process works:

1. Determination of Dividend: Chengxin Lithium'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, Chengxin Lithium 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, Chengxin Lithium 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 Chengxin Lithium 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.
How are Chengxin Lithium dividends paid?
Chengxin Lithium dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Chengxin Lithium 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, Chengxin Lithium distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Chengxin Lithium 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.
How many times does Chengxin Lithium pay dividends?
Chengxin Lithium typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Chengxin Lithium pay dividends?
The general pattern is that Chengxin Lithium pays dividends around April. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Chengxin Lithium dividend safe?
The safety of Chengxin Lithium's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Chengxin Lithium'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 Chengxin Lithium'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.