CNGR Advanced Material Co.,Ltd. engages in the research, development, processing, production, and sale of lithium battery cathode material precursors and new energy recycling materials in the fields of new materials and energy. The company's products include ternary precursors and cobalt tetroxide, which are used to produce ternary cathode materials and lithium cobalt oxide cathode materials. The company was founded in 2014 and is based in Tongren, the People's Republic of China. CNGR Advanced Material Co.,Ltd. is a subsidiary of Hunan Zhongwei Holding Group Co., Ltd.
CNGR Advanced Material Dividend Announcement
• CNGR Advanced Material announced a semi annually dividend of ¥0.28 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-10-15 • CNGR Advanced Material annual dividend for 2024 was ¥1.44 • CNGR Advanced Material annual dividend for 2023 was ¥0.26 • CNGR Advanced Material's trailing twelve-month (TTM) dividend yield is 3.66% • CNGR Advanced Material's payout ratio for the trailing twelve months (TTM) is 93.86%
CNGR Advanced Material current trailing twelve-month (TTM) dividend yield is 3.66%. Interested in purchasing CNGR Advanced Material stock? Use our calculator to estimate your expected dividend yield:
CNGR Advanced Material Financial Ratios
P/E ratio21.88
PEG ratio0.41
P/B ratio1.90
ROE8.70%
Payout ratio93.86%
Current ratio1.66
Quick ratio1.19
Cash Ratio0.65
CNGR Advanced Material Dividend FAQ
How much is the next CNGR Advanced Material dividend?
CNGR Advanced 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 CNGR Advanced Material dividend. The next CNGR Advanced Material dividend will be released in June.
When is CNGR Advanced Material dividend paid?
CNGR Advanced Material pays dividends on a semi 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 CNGR Advanced Material pay?
The specific amount of CNGR Advanced 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 CNGR Advanced Material's dividend history.
Does CNGR Advanced Material stock pay dividends?
Yes, CNGR Advanced 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 CNGR Advanced Material's dividend history.
How much dividend does CNGR Advanced Material pay?
CNGR Advanced Material paid ¥1.44 in 2024, ¥0.258 in 2023, ¥0.167 in 2022, ¥0.08 in 2021, and ¥0.0 in 2020.
How often does CNGR Advanced Material pay dividends?
CNGR Advanced Material typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June.
What is CNGR Advanced Material's dividend yield?
The current dividend yield for CNGR Advanced Material is 3.66%. 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 CNGR Advanced Material's exact dividend yield.
When does CNGR Advanced Material go ex dividend?
CNGR Advanced Material's ex-dividend date for the latest dividend was on 2024-10-15. CNGR Advanced 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 CNGR Advanced Material dividend paid?
CNGR Advanced Material pays dividends on a semi annually basis, typically around June, but the exact dates can vary each year.
Will CNGR Advanced 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 CNGR Advanced 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 CNGR Advanced Material dividend per share?
CNGR Advanced Material paid ¥1.44 per share in 2024 and ¥0.258 per share in 2023. The amount of dividend per share that CNGR Advanced 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 CNGR Advanced 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 CNGR Advanced 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 CNGR Advanced Material a dividend stock?
Yes, CNGR Advanced Material is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is CNGR Advanced Material a good dividend stock?
Whether CNGR Advanced 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. CNGR Advanced Material has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating CNGR Advanced 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 CNGR Advanced Material pay dividends monthly?
CNGR Advanced Material typically pays dividends on a semi annually basis.
Does CNGR Advanced Material pay dividends quarterly?
CNGR Advanced Material currently pays dividends on a semi annually basis.
Has CNGR Advanced Material ever paid a dividend?
Yes, CNGR Advanced Material has a history of paying dividends to its shareholders. CNGR Advanced Material is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy CNGR Advanced Material dividend stocks?
To buy CNGR Advanced 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 CNGR Advanced 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 CNGR Advanced Material pay dividends 2024?
CNGR Advanced Material pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-15. 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 CNGR Advanced Material increase its dividend in 2024?
Decisions regarding CNGR Advanced 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 CNGR Advanced Material dividend overview you can look into the above table of dividend history.
How CNGR Advanced Material dividend works?
The CNGR Advanced 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 CNGR Advanced Material's dividend process works:
1. Determination of Dividend: CNGR Advanced 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, CNGR Advanced 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, CNGR Advanced 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 CNGR Advanced 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 CNGR Advanced Material dividends paid?
CNGR Advanced Material dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: CNGR Advanced 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, CNGR Advanced 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: CNGR Advanced 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 CNGR Advanced Material pay dividends?
CNGR Advanced Material typically pays dividends on a semi 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 CNGR Advanced Material pay dividends?
The general pattern is that CNGR Advanced 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 CNGR Advanced Material dividend safe?
The safety of CNGR Advanced 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 CNGR Advanced 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 CNGR Advanced 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.