East Group Co.,Ltd designs, produces, and sells power supply products in China and internationally. It offers line interactive, online transformerless, online transformer base, modular, and outdoor UPS products; and accessories, such as various cards and battery monitoring modules, as well as UPSmart, a monitoring software. The company also provides inverters and stabilizers, batteries, and vehicle charging equipment, as well as off- and on-grid, and hybrid PVs. It serves financial, communications, power, medical, and manufacturing industries, as well as government departments. The company was formerly known as Guangdong East Power Company Ltd. and changed its name to East Group Co.,Ltd in September 2015. East Group Co.,Ltd was founded in 1989 and is headquartered in Dongguan, China. East Group Co.,Ltd is a subsidiary of Yangzhou Orient Group Co., Ltd.
East Dividend Announcement
• East announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-07-17. Ex dividend date: 2024-07-17
• East annual dividend for 2024 was ¥0.05
• East annual dividend for 2023 was ¥0.02
• East's trailing twelve-month (TTM) dividend yield is 1.21%
• East's payout ratio for the trailing twelve months (TTM) is 114.92%
• East's dividend growth over the last five years (2018-2023) was -4.98% year
East Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-17 | ¥0.05 | annually | 2024-07-17 |
2023-07-13 | ¥0.02 | annually | 2023-07-13 |
2022-07-08 | ¥0.03 | annually | 2022-07-08 |
2021-07-08 | ¥0.03 | annually | 2021-07-08 |
2020-07-10 | ¥0.03 | annually | 2020-07-10 |
2019-07-11 | ¥0.03 | annually | 2019-07-11 |
2018-08-06 | ¥0.03 | annually | 2018-08-06 |
2017-04-07 | ¥0.09 | annually | 2017-04-07 |
2016-03-21 | ¥0.26 | annually | |
2015-06-08 | ¥0.26 | annually | |
2014-07-10 | ¥0.37 | annually |
East Dividend per year
East Dividend growth
East Dividend Yield
East current trailing twelve-month (TTM) dividend yield is 1.21%. Interested in purchasing East stock? Use our calculator to estimate your expected dividend yield:
East Financial Ratios
East Dividend FAQ
Other factors to consider when evaluating East 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: East'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, East 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, East 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 East 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: East 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, East distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: East 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 East'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 East'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.