Fujian Fynex Textile Science & Technology Co., Ltd. engages in the production, processing, knitting, and weaving of dyed cloth products primarily in China. The company offers knitted grey fabrics, including single- sided jersey, terry cloth, jacquard, and color striped cloth fabrics; double-sided jacquard, roma cloth, interwoven, and interlayer fabrics; and ribbings comprising 1X1 ribs, 2X2 ribs, elastic ribs, transfer ribs, etc. It also provides anti-pilling flannels, such as single brush single, double brush double, and double brush single shakes; fleece cloths; knitted finished fabrics comprising warp knitted and shoe fabrics; and package colored yarn, including cotton, polyester cotton, polyester, acrylic, nylon, and viscose yarn. The company also exports its products to Hong Kong, Taiwan, the Middle East, Europe, the United States, and Japan in the form of clothing. Fujian Fynex Textile Science & Technology Co., Ltd. was founded in 1991 and is headquartered in Jinjiang, the People's Republic of China.
Fujian Fynex Textile Science & Technology Dividend Announcement
• Fujian Fynex Textile Science & Technology announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-07-19
• Fujian Fynex Textile Science & Technology annual dividend for 2024 was ¥0.10
• Fujian Fynex Textile Science & Technology annual dividend for 2023 was ¥0.03
• Fujian Fynex Textile Science & Technology's trailing twelve-month (TTM) dividend yield is 1.92%
• Fujian Fynex Textile Science & Technology's payout ratio for the trailing twelve months (TTM) is 11.49%
• Fujian Fynex Textile Science & Technology's dividend growth over the last five years (2018-2023) was -0.81% year
• Fujian Fynex Textile Science & Technology's dividend growth over the last ten years (2013-2023) was 3.71% year
Fujian Fynex Textile Science & Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-19 | ¥0.10 | annually | 2024-07-19 |
2023-06-30 | ¥0.03 | annually | 2023-06-30 |
2022-07-12 | ¥0.08 | annually | 2022-07-12 |
2021-07-14 | ¥0.04 | annually | 2021-07-14 |
2020-07-21 | ¥0.03 | annually | 2020-07-21 |
2019-06-14 | ¥0.04 | annually | 2019-06-14 |
2018-07-20 | ¥0.03 | annually | 2018-07-20 |
2017-06-20 | ¥0.07 | annually | 2017-06-20 |
2016-06-22 | ¥0.02 | annually | |
2015-07-10 | ¥0.02 | annually | |
2014-07-15 | ¥0.02 | annually | |
2013-07-12 | ¥0.02 | annually |
Fujian Fynex Textile Science & Technology Dividend per year
Fujian Fynex Textile Science & Technology Dividend growth
Fujian Fynex Textile Science & Technology Dividend Yield
Fujian Fynex Textile Science & Technology current trailing twelve-month (TTM) dividend yield is 1.92%. Interested in purchasing Fujian Fynex Textile Science & Technology stock? Use our calculator to estimate your expected dividend yield:
Fujian Fynex Textile Science & Technology Financial Ratios
Fujian Fynex Textile Science & Technology Dividend FAQ
Other factors to consider when evaluating Fujian Fynex Textile Science & Technology 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: Fujian Fynex Textile Science & Technology'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, Fujian Fynex Textile Science & Technology 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, Fujian Fynex Textile Science & Technology 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 Fujian Fynex Textile Science & Technology 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: Fujian Fynex Textile Science & Technology 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, Fujian Fynex Textile Science & Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Fujian Fynex Textile Science & Technology 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 Fujian Fynex Textile Science & Technology'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 Fujian Fynex Textile Science & Technology'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.