CNSIG Inner Mongolia Chemical Industry Co., Ltd. produces and sells salt, salt chemical, and bio-pharmacy products primarily in China. The company offers chemical products, including polyvinyl chloride resin, PVC paste resin, soda ash, ionic membrane alkali, liquid chlorine, sodium chlorate, trichloroisocyanuric acid, sodium metal, and sodium methoxide; and salts products, such as seaweed powder wash and iodized, stew, low sodium, and vegetable salts. Its products also cover coal, limestone, and other resources. The company also exports its products to North and South America, Europe, Asia, and Oceania. The company was formerly known as Inner Mongolia Lantai Industrial Co., Ltd. CNSIG Inner Mongolia Chemical Industry Co., Ltd. was founded in 1998 and is based in Alxa Zuoqi, China.
CNSIG Inner Mongolia Chemical Industry Dividend Announcement
• CNSIG Inner Mongolia Chemical Industry announced a annually dividend of ¥0.27 per ordinary share which will be made payable on 2024-05-23. Ex dividend date: 2024-05-23
• CNSIG Inner Mongolia Chemical Industry annual dividend for 2024 was ¥0.27
• CNSIG Inner Mongolia Chemical Industry annual dividend for 2023 was ¥0.64
• CNSIG Inner Mongolia Chemical Industry's trailing twelve-month (TTM) dividend yield is 3.27%
• CNSIG Inner Mongolia Chemical Industry's payout ratio for the trailing twelve months (TTM) is 84.55%
• CNSIG Inner Mongolia Chemical Industry's dividend growth over the last five years (2018-2023) was 34.48% year
CNSIG Inner Mongolia Chemical Industry Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-23 | ¥0.27 | annually | 2024-05-23 |
2023-06-13 | ¥0.64 | annually | 2023-06-13 |
2022-06-02 | ¥0.47 | annually | 2022-06-02 |
2021-06-10 | ¥0.23 | annually | 2021-06-10 |
2020-09-21 | ¥0.14 | annually | 2020-09-21 |
2020-06-22 | ¥0.11 | annually | 2020-06-22 |
2019-06-06 | ¥0.18 | annually | 2019-06-06 |
2018-06-13 | ¥0.15 | annually | 2018-06-13 |
2017-07-14 | ¥0.06 | annually | 2017-07-14 |
2015-07-10 | ¥0.01 | annually | |
2014-07-01 | ¥0.03 | annually | |
2012-07-10 | ¥0.03 | annually | |
2011-07-19 | ¥0.01 | annually |
CNSIG Inner Mongolia Chemical Industry Dividend per year
CNSIG Inner Mongolia Chemical Industry Dividend growth
CNSIG Inner Mongolia Chemical Industry Dividend Yield
CNSIG Inner Mongolia Chemical Industry current trailing twelve-month (TTM) dividend yield is 3.27%. Interested in purchasing CNSIG Inner Mongolia Chemical Industry stock? Use our calculator to estimate your expected dividend yield:
CNSIG Inner Mongolia Chemical Industry Financial Ratios
CNSIG Inner Mongolia Chemical Industry Dividend FAQ
Other factors to consider when evaluating CNSIG Inner Mongolia Chemical Industry 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: CNSIG Inner Mongolia Chemical Industry'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, CNSIG Inner Mongolia Chemical Industry 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, CNSIG Inner Mongolia Chemical Industry 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 CNSIG Inner Mongolia Chemical Industry 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: CNSIG Inner Mongolia Chemical Industry 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, CNSIG Inner Mongolia Chemical Industry distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CNSIG Inner Mongolia Chemical Industry 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 CNSIG Inner Mongolia Chemical Industry'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 CNSIG Inner Mongolia Chemical Industry'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.