Era Co., Ltd. manufactures and sells plastic valve and fitting in China. The company offers hot products, including PVC pressure pipes and fittings, couplings, true union ball valves, butterfly valves, compact ball valves, sockets, elbows, rain gutters, male thread TEE, two-faucet reducing joint 2, and glue for water supply products. It also provides CPVC valves, plastic valves and fittings, CPVC pressure pipes and fittings, PVC gutters and fittings, PP-R pipes and fittings for cold hot water, PP compression fittings, PVC pressure pipes and fittings, PVC pipes and fittings for drainage, PVC DWV fittings, PVC thread fittings, PVC-U insulating electrical pipes and fittings, saddles, pressure fittings with gasket, and glue. The company also exports its products to approximately 146 countries. The company was formerly known as Yonggao Co., Ltd. and changed its name to Era Co., Ltd. in January 2022. Era Co., Ltd. was founded in 1993 and is based in Taizhou, China.
Era Dividend Announcement
• Era announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-28
• Era annual dividend for 2024 was ¥0.10
• Era annual dividend for 2023 was ¥0.01
• Era's trailing twelve-month (TTM) dividend yield is 2.14%
• Era's payout ratio for the trailing twelve months (TTM) is 54.54%
• Era's dividend growth over the last five years (2018-2023) was -14.33% year
• Era's dividend growth over the last ten years (2013-2023) was -23.72% year
Era Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | ¥0.10 | annually | 2024-06-28 |
2023-05-31 | ¥0.01 | annually | 2023-05-31 |
2022-06-24 | ¥0.07 | annually | 2022-06-24 |
2021-06-30 | ¥0.12 | annually | 2021-06-30 |
2020-06-04 | ¥0.14 | annually | 2020-06-04 |
2019-06-28 | ¥0.03 | annually | 2019-06-28 |
2018-06-29 | ¥0.03 | annually | 2018-06-29 |
2017-06-09 | ¥0.04 | annually | 2017-06-09 |
2016-05-30 | ¥0.04 | annually | |
2015-05-29 | ¥0.10 | annually | |
2014-05-22 | ¥0.13 | annually | |
2013-05-30 | ¥0.18 | annually |
Era Dividend per year
Era Dividend growth
Era Dividend Yield
Era current trailing twelve-month (TTM) dividend yield is 2.14%. Interested in purchasing Era stock? Use our calculator to estimate your expected dividend yield:
Era Financial Ratios
Era Dividend FAQ
Other factors to consider when evaluating Era 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: Era'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, Era 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, Era 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 Era 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: Era 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, Era distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Era 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 Era'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 Era'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.