Do-Fluoride New Materials Co., Ltd. engages in the research and development, production, and sale of inorganic fluorides, electronic chemicals, lithium-ion batteries, and materials in China and internationally. The company offers smelting grade fluorides, such as anhydrous aluminum and hydrogen fluorides, synthetic cryolite, and granulated synthetic cryolite; sodium fluoride and fluosilicate, potassium fluoaluminate and borofluoride, and anhydrous calcium chloride; electronic grade chemicals, including lithium hexafluorophosphate and hydrofluoric acid; and cryolite and aluminum fluoride standard samples. It also provides lithium batteries, electronic vehicles, and financial loans. The company was formerly known as Do-Fluoride Chemicals Co., Ltd. Do-Fluoride New Materials Co., Ltd. was founded in 1999 and is headquartered in Jiaozuo, the People's Republic of China.
Do-Fluoride New Materials Dividend Announcement
• Do-Fluoride New Materials announced a annually dividend of ¥0.30 per ordinary share which will be made payable on 2024-05-14. Ex dividend date: 2024-05-14
• Do-Fluoride New Materials annual dividend for 2024 was ¥0.30
• Do-Fluoride New Materials annual dividend for 2023 was ¥0.60
• Do-Fluoride New Materials's trailing twelve-month (TTM) dividend yield is 2.17%
• Do-Fluoride New Materials's payout ratio for the trailing twelve months (TTM) is -1295.48%
• Do-Fluoride New Materials's dividend growth over the last five years (2018-2023) was 11.38% year
• Do-Fluoride New Materials's dividend growth over the last ten years (2013-2023) was 19.62% year
Do-Fluoride New Materials Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-14 | ¥0.30 | annually | 2024-05-14 |
2023-04-25 | ¥0.60 | annually | 2023-04-25 |
2022-04-22 | ¥0.30 | annually | 2022-04-22 |
2021-10-25 | ¥0.20 | annually | 2021-10-25 |
2020-05-27 | ¥0.01 | annually | 2020-05-27 |
2019-07-05 | ¥0.20 | annually | 2019-07-05 |
2018-10-22 | ¥0.15 | annually | 2018-10-22 |
2018-05-24 | ¥0.20 | annually | 2018-05-24 |
2017-05-15 | ¥0.15 | annually | 2017-05-15 |
2016-05-12 | ¥0.15 | annually | |
2015-04-27 | ¥0.06 | annually | |
2014-05-15 | ¥0.10 | annually | |
2013-05-29 | ¥0.10 | annually |
Do-Fluoride New Materials Dividend per year
Do-Fluoride New Materials Dividend growth
Do-Fluoride New Materials Dividend Yield
Do-Fluoride New Materials current trailing twelve-month (TTM) dividend yield is 2.17%. Interested in purchasing Do-Fluoride New Materials stock? Use our calculator to estimate your expected dividend yield:
Do-Fluoride New Materials Financial Ratios
Do-Fluoride New Materials Dividend FAQ
Other factors to consider when evaluating Do-Fluoride New Materials 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: Do-Fluoride New Materials'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, Do-Fluoride New Materials 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, Do-Fluoride New Materials 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 Do-Fluoride New Materials 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: Do-Fluoride New Materials 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, Do-Fluoride New Materials distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Do-Fluoride New Materials 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 Do-Fluoride New Materials'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 Do-Fluoride New Materials'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.