Dongyue Group Limited, an investment holding company, manufactures, distributes, and sells polymers, organic silicone, refrigerants, dichloromethane, polyvinyl chloride (PVC), liquid alkali, and other products in the People's Republic of China. The company operates through Polymers; Refrigerants; Organic Silicone; Dichloromethane, PVC and Liquid Alkali; Property Development; and Other Operations segments. It offers fluoride fine chemicals, chloride methyl chlorine and alkali, and fluoride salt and acid products, as well as polytetrafluoroethylene, methane chloride, anhydrous fluoride, fluorite, silicon rubber, fluoropolymer, ammonium bifluoride, hydrofluoric acid, and bromine products. The company also engages in the development of residential properties; sale of chemical products; and provision of sewage disposal and environmental monitoring services. It also operates in Japan, South Korea, India, Singapore, Thailand, the United Arab Emirates, Pakistan, Malaysia, Kuwait, Saudi Arabia, Indonesia, Israel, the Philippines, Vietnam, Turkey, and internationally. The company was founded in 1987 and is headquartered in Zibo, the People's Republic of China.
Dongyue Dividend Announcement
• Dongyue announced a annually dividend of HK$0.10 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-06-11
• Dongyue annual dividend for 2024 was HK$0.10
• Dongyue annual dividend for 2023 was HK$0.60
• Dongyue's trailing twelve-month (TTM) dividend yield is 1.66%
• Dongyue's payout ratio for the trailing twelve months (TTM) is 163.57%
• Dongyue's dividend growth over the last five years (2018-2023) was 14.87% year
Dongyue Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-11 | HK$0.10 | annually | 2024-07-12 |
2023-06-14 | HK$0.60 | annually | 2023-07-13 |
2022-06-14 | HK$0.34 | annually | 2022-07-15 |
2021-06-15 | HK$0.14 | annually | 2021-07-16 |
2020-06-11 | HK$0.23 | annually | 2020-07-17 |
2019-06-03 | HK$0.35 | annually | 2019-07-19 |
2018-05-28 | HK$0.30 | annually | 2018-07-27 |
2017-07-28 | HK$0.15 | annually | 2017-09-08 |
2015-06-03 | HK$0.09 | annually | |
2014-05-27 | HK$0.09 | annually | |
2013-05-22 | HK$0.13 | annually | |
2012-05-22 | HK$0.40 | annually |
Dongyue Dividend per year
Dongyue Dividend growth
Dongyue Dividend Yield
Dongyue current trailing twelve-month (TTM) dividend yield is 1.66%. Interested in purchasing Dongyue stock? Use our calculator to estimate your expected dividend yield:
Dongyue Financial Ratios
Dongyue Dividend FAQ
Other factors to consider when evaluating Dongyue 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: Dongyue'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, Dongyue 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, Dongyue 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 Dongyue 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: Dongyue 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, Dongyue distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dongyue 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 Dongyue'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 Dongyue'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.