China Tungsten And Hightech Materals Co.,Ltd researches, develops, produces, sells, and trades in nonferrous metals in China. The company's products include cemented carbide, tungsten, molybdenum, tantalum, niobium, and other nonferrous metals and its deep-processing products and equipment. It also offers cemented carbide, blades and knives, IT tools, compounds and powders, and other products for use in automobile manufacturing, CNC machine tools, aerospace, military industry, mechanical mold processing, IT industry processing, shipbuilding, and marine engineering equipment. The company was formerly known as Hainan Jinhai Co., Ltd. and changed its name to China Tungsten And Hightech Materals Co.,Ltd in 2000. The company was founded in 1993 and is based in Zhuzhou, China. China Tungsten And Hightech Materals Co.,Ltd operates as a subsidiary of China Minmetals Corporation.
China Tungsten And Hightech Materals Dividend Announcement
• China Tungsten And Hightech Materals announced a annually dividend of ¥0.13 per ordinary share which will be made payable on 2024-05-31. Ex dividend date: 2024-05-31 • China Tungsten And Hightech Materals annual dividend for 2024 was ¥0.13 • China Tungsten And Hightech Materals annual dividend for 2023 was ¥0.12 • China Tungsten And Hightech Materals's trailing twelve-month (TTM) dividend yield is 1.29% • China Tungsten And Hightech Materals's payout ratio for the trailing twelve months (TTM) is 95.51%
China Tungsten And Hightech Materals Dividend History
China Tungsten And Hightech Materals Dividend per year
China Tungsten And Hightech Materals Dividend growth
China Tungsten And Hightech Materals Dividend Yield
China Tungsten And Hightech Materals current trailing twelve-month (TTM) dividend yield is 1.29%. Interested in purchasing China Tungsten And Hightech Materals stock? Use our calculator to estimate your expected dividend yield:
China Tungsten And Hightech Materals Financial Ratios
P/E ratio37.28
PEG ratio1.75
P/B ratio2.39
ROE6.46%
Payout ratio95.51%
Current ratio1.58
Quick ratio0.99
Cash Ratio0.11
China Tungsten And Hightech Materals Dividend FAQ
How much is the next China Tungsten And Hightech Materals dividend?
China Tungsten And Hightech Materals's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next China Tungsten And Hightech Materals dividend. The next China Tungsten And Hightech Materals dividend will be released in October.
When is China Tungsten And Hightech Materals dividend paid?
China Tungsten And Hightech Materals pays dividends on a annually basis. The specific dates may vary each year but are generally around October. 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 China Tungsten And Hightech Materals pay?
The specific amount of China Tungsten And Hightech Materals 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 China Tungsten And Hightech Materals's dividend history.
Does China Tungsten And Hightech Materals stock pay dividends?
Yes, China Tungsten And Hightech Materals 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 China Tungsten And Hightech Materals's dividend history.
How much dividend does China Tungsten And Hightech Materals pay?
China Tungsten And Hightech Materals paid ¥0.13 in 2024, ¥0.12 in 2023, ¥0.13 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does China Tungsten And Hightech Materals pay dividends?
China Tungsten And Hightech Materals 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 October.
What is China Tungsten And Hightech Materals's dividend yield?
The current dividend yield for China Tungsten And Hightech Materals is 1.29%. 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 China Tungsten And Hightech Materals's exact dividend yield.
When does China Tungsten And Hightech Materals go ex dividend?
China Tungsten And Hightech Materals's ex-dividend date for the latest dividend was on 2024-05-31. China Tungsten And Hightech Materals 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 China Tungsten And Hightech Materals dividend paid?
China Tungsten And Hightech Materals pays dividends on a annually basis, typically around October, but the exact dates can vary each year.
Will China Tungsten And Hightech Materals 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 China Tungsten And Hightech Materals 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 China Tungsten And Hightech Materals dividend per share?
China Tungsten And Hightech Materals paid ¥0.13 per share in 2024 and ¥0.12 per share in 2023. The amount of dividend per share that China Tungsten And Hightech Materals 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 China Tungsten And Hightech Materals 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 China Tungsten And Hightech Materals 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 China Tungsten And Hightech Materals a dividend stock?
Yes, China Tungsten And Hightech Materals is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is China Tungsten And Hightech Materals a good dividend stock?
Whether China Tungsten And Hightech Materals is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. China Tungsten And Hightech Materals has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating China Tungsten And Hightech Materals 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 China Tungsten And Hightech Materals pay dividends monthly?
China Tungsten And Hightech Materals typically pays dividends on a annually basis.
Does China Tungsten And Hightech Materals pay dividends quarterly?
China Tungsten And Hightech Materals currently pays dividends on a annually basis.
Has China Tungsten And Hightech Materals ever paid a dividend?
Yes, China Tungsten And Hightech Materals has a history of paying dividends to its shareholders. China Tungsten And Hightech Materals is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy China Tungsten And Hightech Materals dividend stocks?
To buy China Tungsten And Hightech Materals 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 China Tungsten And Hightech Materals 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 China Tungsten And Hightech Materals pay dividends 2024?
China Tungsten And Hightech Materals pays dividends on a annually basis. 2024 dividend payments are in 2024-05-31. 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 China Tungsten And Hightech Materals increase its dividend in 2024?
Decisions regarding China Tungsten And Hightech Materals 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 China Tungsten And Hightech Materals dividend overview you can look into the above table of dividend history.
How China Tungsten And Hightech Materals dividend works?
The China Tungsten And Hightech Materals 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 China Tungsten And Hightech Materals's dividend process works:
1. Determination of Dividend: China Tungsten And Hightech Materals'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 Tungsten And Hightech Materals 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 Tungsten And Hightech Materals 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 Tungsten And Hightech Materals 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 China Tungsten And Hightech Materals dividends paid?
China Tungsten And Hightech Materals dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: China Tungsten And Hightech Materals 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 Tungsten And Hightech Materals 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 Tungsten And Hightech Materals 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 China Tungsten And Hightech Materals pay dividends?
China Tungsten And Hightech Materals 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 China Tungsten And Hightech Materals pay dividends?
The general pattern is that China Tungsten And Hightech Materals pays dividends around October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is China Tungsten And Hightech Materals dividend safe?
The safety of China Tungsten And Hightech Materals'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 China Tungsten And Hightech Materals'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 Tungsten And Hightech Materals'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.