Dongguan Golden Sun Abrasives Co.,Ltd. researches, manufactures, and sells medium and high-grade coated abrasive product tools in China. The company provides abrasive products that include water proof abrasive paper, dry anti-clog coated, and dry abrasive papers, as well as new material products and abrasive paper products in various shapes. Its products are applied in industries, such as car, clothing, leather product, bamboo product, furniture manufacturing, printing business, musical instrument, metal product, architectural decoration, 3C electronic product, glass, stone and gem processing, beauty care, optical communication, shipbuilding, and synthetic material industries. The company also exports its products to the United States, Russia, North America, Europe, the Middle East, Southeast Asia, Africa, and other regions. Dongguan Golden Sun Abrasives Co.,Ltd. was founded in 2004 and is based in Dongguan, China.
Dongguan Golden Sunrasives Dividend Announcement
• Dongguan Golden Sunrasives announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-06-20. Ex dividend date: 2024-06-20 • Dongguan Golden Sunrasives annual dividend for 2024 was ¥0.15 • Dongguan Golden Sunrasives's trailing twelve-month (TTM) dividend yield is 0.68% • Dongguan Golden Sunrasives's payout ratio for the trailing twelve months (TTM) is 56.71%
Dongguan Golden Sunrasives current trailing twelve-month (TTM) dividend yield is 0.68%. Interested in purchasing Dongguan Golden Sunrasives stock? Use our calculator to estimate your expected dividend yield:
Dongguan Golden Sunrasives Financial Ratios
P/E ratio75.09
PEG ratio0.75
P/B ratio4.37
ROE5.82%
Payout ratio56.71%
Current ratio2.00
Quick ratio1.22
Cash Ratio0.44
Dongguan Golden Sunrasives Dividend FAQ
How much is the next Dongguan Golden Sunrasives dividend?
Dongguan Golden Sunrasives's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Dongguan Golden Sunrasives dividend. The next Dongguan Golden Sunrasives dividend will be released in .
When is Dongguan Golden Sunrasives dividend paid?
Dongguan Golden Sunrasives pays dividends on a annually basis. The specific dates may vary each year but are generally around . 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 Dongguan Golden Sunrasives pay?
The specific amount of Dongguan Golden Sunrasives 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 Dongguan Golden Sunrasives's dividend history.
Does Dongguan Golden Sunrasives stock pay dividends?
Yes, Dongguan Golden Sunrasives 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 Dongguan Golden Sunrasives's dividend history.
How much dividend does Dongguan Golden Sunrasives pay?
Dongguan Golden Sunrasives paid ¥0.15 in 2024, ¥0.0 in 2023, ¥0.546 in 2022, ¥0.28 in 2021, and ¥0.08 in 2020.
How often does Dongguan Golden Sunrasives pay dividends?
Dongguan Golden Sunrasives 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 .
What is Dongguan Golden Sunrasives's dividend yield?
The current dividend yield for Dongguan Golden Sunrasives is 0.68%. 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 Dongguan Golden Sunrasives's exact dividend yield.
When does Dongguan Golden Sunrasives go ex dividend?
Dongguan Golden Sunrasives's ex-dividend date for the latest dividend was on 2024-06-20. Dongguan Golden Sunrasives 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 Dongguan Golden Sunrasives dividend paid?
Dongguan Golden Sunrasives pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Dongguan Golden Sunrasives 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 Dongguan Golden Sunrasives 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 Dongguan Golden Sunrasives dividend per share?
Dongguan Golden Sunrasives paid ¥0.15 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Dongguan Golden Sunrasives 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 Dongguan Golden Sunrasives 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 Dongguan Golden Sunrasives 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 Dongguan Golden Sunrasives a dividend stock?
Yes, Dongguan Golden Sunrasives is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Dongguan Golden Sunrasives a good dividend stock?
Whether Dongguan Golden Sunrasives is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Dongguan Golden Sunrasives has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Dongguan Golden Sunrasives 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 Dongguan Golden Sunrasives pay dividends monthly?
Dongguan Golden Sunrasives typically pays dividends on a annually basis.
Does Dongguan Golden Sunrasives pay dividends quarterly?
Dongguan Golden Sunrasives currently pays dividends on a annually basis.
Has Dongguan Golden Sunrasives ever paid a dividend?
Yes, Dongguan Golden Sunrasives has a history of paying dividends to its shareholders. Dongguan Golden Sunrasives is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Dongguan Golden Sunrasives dividend stocks?
To buy Dongguan Golden Sunrasives 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 Dongguan Golden Sunrasives 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 Dongguan Golden Sunrasives pay dividends 2024?
Dongguan Golden Sunrasives pays dividends on a annually basis. 2024 dividend payments are in 2024-06-20. 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 Dongguan Golden Sunrasives increase its dividend in 2024?
Decisions regarding Dongguan Golden Sunrasives 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 Dongguan Golden Sunrasives dividend overview you can look into the above table of dividend history.
How Dongguan Golden Sunrasives dividend works?
The Dongguan Golden Sunrasives 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 Dongguan Golden Sunrasives's dividend process works:
1. Determination of Dividend: Dongguan Golden Sunrasives'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, Dongguan Golden Sunrasives 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, Dongguan Golden Sunrasives 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 Dongguan Golden Sunrasives 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 Dongguan Golden Sunrasives dividends paid?
Dongguan Golden Sunrasives dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Dongguan Golden Sunrasives 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, Dongguan Golden Sunrasives distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dongguan Golden Sunrasives 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 Dongguan Golden Sunrasives pay dividends?
Dongguan Golden Sunrasives 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 Dongguan Golden Sunrasives pay dividends?
The general pattern is that Dongguan Golden Sunrasives pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Dongguan Golden Sunrasives dividend safe?
The safety of Dongguan Golden Sunrasives'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 Dongguan Golden Sunrasives'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 Dongguan Golden Sunrasives'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.