China Jushi Co., Ltd. manufactures and sells fiberglass and its fabrics. The company offers a range of reinforcement fiberglass products, including E-glass and C-glass rovings, chopped strands, powder and emulsion chopped strand mats, and woven rovings. Its products have applications in building materials, infrastructure, electronic and electrical, chemical anti-corrosion, aerospace, transportation, energy saving and environmental protection, and sports and leisure sectors. China Jushi Co., Ltd. serves customers in approximately 80 countries and regions, including North America, the Middle East, Europe, the Southeast Asia, and Africa. The company was formerly known as China Fiberglass Co., Ltd. and changed its name to China Jushi Co., Ltd. in March 2015. China Jushi Co., Ltd. is headquartered in Tongxiang, China.
China Jushi Dividend Announcement
• China Jushi announced a annually dividend of ¥0.28 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-29
• China Jushi annual dividend for 2024 was ¥0.28
• China Jushi annual dividend for 2023 was ¥0.52
• China Jushi's trailing twelve-month (TTM) dividend yield is 2.26%
• China Jushi's payout ratio for the trailing twelve months (TTM) is 179.19%
• China Jushi's dividend growth over the last five years (2018-2023) was 15.82% year
• China Jushi's dividend growth over the last ten years (2013-2023) was 18.06% year
China Jushi Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-29 | ¥0.28 | annually | 2024-05-29 |
2023-05-25 | ¥0.52 | annually | 2023-05-25 |
2022-05-26 | ¥0.48 | annually | 2022-05-26 |
2021-05-21 | ¥0.20 | annually | 2021-05-21 |
2020-05-22 | ¥0.17 | annually | 2020-05-22 |
2019-05-24 | ¥0.20 | annually | 2019-05-24 |
2018-05-17 | ¥0.25 | annually | 2018-05-17 |
2017-05-16 | ¥0.25 | annually | 2017-05-16 |
2016-05-16 | ¥0.31 | annually | |
2015-04-23 | ¥0.17 | annually | |
2014-05-22 | ¥0.12 | annually | |
2013-06-03 | ¥0.10 | annually |
China Jushi Dividend per year
China Jushi Dividend growth
China Jushi Dividend Yield
China Jushi current trailing twelve-month (TTM) dividend yield is 2.26%. Interested in purchasing China Jushi stock? Use our calculator to estimate your expected dividend yield:
China Jushi Financial Ratios
China Jushi Dividend FAQ
Other factors to consider when evaluating China Jushi 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: China Jushi'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, China Jushi 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, China Jushi 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 China Jushi 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: China Jushi 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, China Jushi distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: China Jushi 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 China Jushi'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 China Jushi'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.