Chongqing Zaisheng Technology Co., Ltd. researches, manufactures, and markets glass microfiber products for purification and energy-saving markets in China. It offers face mask, glass microfiber filter media, melt-blown filtration materials, PTFE filtration materials, glass microfiber air-laid mat/ bag, and oil- gas separation glass fiber filter paper. The company also offers surface area battery separator, vacuum insulation panel core materials, inorganic spraying glass wool, and dry method insulation blanket; and provide value added services. Chongqing Zaisheng Technology Co., Ltd. was founded in 1984 and is based in Chongqing, China.
Chongqing Zaisheng Technology Dividend Announcement
• Chongqing Zaisheng Technology announced a semi annually dividend of ¥0.03 per ordinary share which will be made payable on 2024-09-03. Ex dividend date: 2024-09-03
• Chongqing Zaisheng Technology annual dividend for 2024 was ¥0.06
• Chongqing Zaisheng Technology annual dividend for 2023 was ¥0.04
• Chongqing Zaisheng Technology's trailing twelve-month (TTM) dividend yield is 1.54%
• Chongqing Zaisheng Technology's payout ratio for the trailing twelve months (TTM) is 961.36%
• Chongqing Zaisheng Technology's dividend growth over the last five years (2018-2023) was -22.41% year
Chongqing Zaisheng Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-03 | ¥0.03 | semi annually | 2024-09-03 |
2024-06-18 | ¥0.03 | semi annually | 2024-06-18 |
2023-06-16 | ¥0.04 | semi annually | 2023-06-16 |
2022-04-26 | ¥0.15 | semi annually | 2022-04-26 |
2021-07-13 | ¥0.15 | semi annually | 2021-07-13 |
2021-06-08 | ¥0.05 | semi annually | 2021-06-08 |
2020-07-13 | ¥0.10 | semi annually | 2020-07-13 |
2019-05-23 | ¥0.12 | semi annually | 2019-05-23 |
2018-05-28 | ¥0.16 | semi annually | 2018-05-28 |
2016-09-29 | ¥0.50 | semi annually | |
2015-05-26 | ¥0.20 | semi annually |
Chongqing Zaisheng Technology Dividend per year
Chongqing Zaisheng Technology Dividend growth
Chongqing Zaisheng Technology Dividend Yield
Chongqing Zaisheng Technology current trailing twelve-month (TTM) dividend yield is 1.54%. Interested in purchasing Chongqing Zaisheng Technology stock? Use our calculator to estimate your expected dividend yield:
Chongqing Zaisheng Technology Financial Ratios
Chongqing Zaisheng Technology Dividend FAQ
Other factors to consider when evaluating Chongqing Zaisheng Technology 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: Chongqing Zaisheng Technology'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 Zaisheng Technology 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 Zaisheng Technology 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 Zaisheng Technology 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: Chongqing Zaisheng Technology 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 Zaisheng Technology 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 Zaisheng Technology 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 Chongqing Zaisheng Technology'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 Zaisheng Technology'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.