Chongqing Changjiang River Moulding Material (Group) Co., Ltd. produces and sells resin coated sand, foundry auxiliary materials and sand cores, and proppant worldwide. The company is also involved in reclaiming used foundry sand. It serves the foundry, auto making, motorcycle manufacturing, aviation, railroad, and oil and gas industries. The company was founded in 1993 and is headquartered in Chongqing, China.
Chongqing Changjiang River Moulding Material Dividend Announcement
• Chongqing Changjiang River Moulding Material announced a annually dividend of ¥0.29 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-30 • Chongqing Changjiang River Moulding Material annual dividend for 2024 was ¥0.29 • Chongqing Changjiang River Moulding Material annual dividend for 2023 was ¥0.10 • Chongqing Changjiang River Moulding Material's trailing twelve-month (TTM) dividend yield is 1.74% • Chongqing Changjiang River Moulding Material's payout ratio for the trailing twelve months (TTM) is 63.68%
Chongqing Changjiang River Moulding Material Dividend History
Chongqing Changjiang River Moulding Material Dividend per year
Chongqing Changjiang River Moulding Material Dividend growth
Chongqing Changjiang River Moulding Material Dividend Yield
Chongqing Changjiang River Moulding Material current trailing twelve-month (TTM) dividend yield is 1.74%. Interested in purchasing Chongqing Changjiang River Moulding Material stock? Use our calculator to estimate your expected dividend yield:
Chongqing Changjiang River Moulding Material Financial Ratios
P/E ratio18.05
PEG ratio0.18
P/B ratio1.42
ROE7.95%
Payout ratio63.68%
Current ratio6.21
Quick ratio5.04
Cash Ratio0.81
Chongqing Changjiang River Moulding Material Dividend FAQ
How much is the next Chongqing Changjiang River Moulding Material dividend?
Chongqing Changjiang River Moulding Material's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Chongqing Changjiang River Moulding Material dividend. The next Chongqing Changjiang River Moulding Material dividend will be released in June.
When is Chongqing Changjiang River Moulding Material dividend paid?
Chongqing Changjiang River Moulding Material pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Chongqing Changjiang River Moulding Material pay?
The specific amount of Chongqing Changjiang River Moulding Material 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 Chongqing Changjiang River Moulding Material's dividend history.
Does Chongqing Changjiang River Moulding Material stock pay dividends?
Yes, Chongqing Changjiang River Moulding Material 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 Chongqing Changjiang River Moulding Material's dividend history.
How much dividend does Chongqing Changjiang River Moulding Material pay?
Chongqing Changjiang River Moulding Material paid ¥0.286 in 2024, ¥0.1 in 2023, ¥0.52 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Chongqing Changjiang River Moulding Material pay dividends?
Chongqing Changjiang River Moulding Material 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 June.
What is Chongqing Changjiang River Moulding Material's dividend yield?
The current dividend yield for Chongqing Changjiang River Moulding Material is 1.74%. 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 Chongqing Changjiang River Moulding Material's exact dividend yield.
When does Chongqing Changjiang River Moulding Material go ex dividend?
Chongqing Changjiang River Moulding Material's ex-dividend date for the latest dividend was on 2024-05-30. Chongqing Changjiang River Moulding Material 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 Chongqing Changjiang River Moulding Material dividend paid?
Chongqing Changjiang River Moulding Material pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Chongqing Changjiang River Moulding Material 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 Chongqing Changjiang River Moulding Material 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 Chongqing Changjiang River Moulding Material dividend per share?
Chongqing Changjiang River Moulding Material paid ¥0.286 per share in 2024 and ¥0.1 per share in 2023. The amount of dividend per share that Chongqing Changjiang River Moulding Material 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 Chongqing Changjiang River Moulding Material 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 Chongqing Changjiang River Moulding Material 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 Chongqing Changjiang River Moulding Material a dividend stock?
Yes, Chongqing Changjiang River Moulding Material is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Chongqing Changjiang River Moulding Material a good dividend stock?
Whether Chongqing Changjiang River Moulding Material is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Chongqing Changjiang River Moulding Material has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Chongqing Changjiang River Moulding Material 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 Chongqing Changjiang River Moulding Material pay dividends monthly?
Chongqing Changjiang River Moulding Material typically pays dividends on a annually basis.
Does Chongqing Changjiang River Moulding Material pay dividends quarterly?
Chongqing Changjiang River Moulding Material currently pays dividends on a annually basis.
Has Chongqing Changjiang River Moulding Material ever paid a dividend?
Yes, Chongqing Changjiang River Moulding Material has a history of paying dividends to its shareholders. Chongqing Changjiang River Moulding Material is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Chongqing Changjiang River Moulding Material dividend stocks?
To buy Chongqing Changjiang River Moulding Material 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 Chongqing Changjiang River Moulding Material 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 Chongqing Changjiang River Moulding Material pay dividends 2024?
Chongqing Changjiang River Moulding Material pays dividends on a annually basis. 2024 dividend payments are in 2024-05-30. 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 Chongqing Changjiang River Moulding Material increase its dividend in 2024?
Decisions regarding Chongqing Changjiang River Moulding Material 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 Chongqing Changjiang River Moulding Material dividend overview you can look into the above table of dividend history.
How Chongqing Changjiang River Moulding Material dividend works?
The Chongqing Changjiang River Moulding Material 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 Chongqing Changjiang River Moulding Material's dividend process works:
1. Determination of Dividend: Chongqing Changjiang River Moulding Material'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, Chongqing Changjiang River Moulding Material 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, Chongqing Changjiang River Moulding Material 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 Chongqing Changjiang River Moulding Material 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 Chongqing Changjiang River Moulding Material dividends paid?
Chongqing Changjiang River Moulding Material dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Chongqing Changjiang River Moulding Material 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, Chongqing Changjiang River Moulding Material distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Chongqing Changjiang River Moulding Material 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 Chongqing Changjiang River Moulding Material pay dividends?
Chongqing Changjiang River Moulding Material 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 Chongqing Changjiang River Moulding Material pay dividends?
The general pattern is that Chongqing Changjiang River Moulding Material pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Chongqing Changjiang River Moulding Material dividend safe?
The safety of Chongqing Changjiang River Moulding Material'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 Chongqing Changjiang River Moulding Material'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 Chongqing Changjiang River Moulding Material'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.