Gaona Aero Material Co., Ltd. engages in the research and development, production, and sale of high-temperature materials in China. The company offers castings, such as nickel-based alloy and light alloy investment castings; forgings comprising disks, rings, bars, forged airfoils, and alloy forgings; and powder metallurgy, including metal powders, oxide dispersion-strengthened, and near-net shape foaming products. It also provides ingots; on-shelf products, such as plate, bar, wire, strip, tube, and stellite; die steel comprising hot work die steels, hot and cold die steels, cold work die steels, and plastic die steels; and centrifugal castings, including petrochemical cracking coils, petrochemical reformer tubes, metallurgical furnace roller and tube, and glass industry roller, as well as advanced materials, such as additive manufacturing and intermetallic compound products. Its products are used in aerospace, power, petrochemical industry and other general industrial markets. The company was formerly known as Beijing Cisri-Gaona Materials & Technology Co., Ltd. and changed its name to Gaona Aero Material Co., Ltd. in January 2020. Gaona Aero Material Co., Ltd. was founded in 2002 and is based in Beijing, China.
Gaona Aero Material Dividend Announcement
• Gaona Aero Material announced a annually dividend of ¥0.12 per ordinary share which will be made payable on 2024-07-11. Ex dividend date: 2024-07-11
• Gaona Aero Material annual dividend for 2024 was ¥0.12
• Gaona Aero Material annual dividend for 2023 was ¥0.33
• Gaona Aero Material's trailing twelve-month (TTM) dividend yield is 0.72%
• Gaona Aero Material's payout ratio for the trailing twelve months (TTM) is 46.69%
• Gaona Aero Material's dividend growth over the last five years (2018-2023) was 36.59% year
• Gaona Aero Material's dividend growth over the last ten years (2013-2023) was 7.60% year
Gaona Aero Material Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-11 | ¥0.12 | annually | 2024-07-11 |
2023-07-04 | ¥0.33 | annually | 2023-07-04 |
2022-07-08 | ¥0.15 | annually | 2022-07-08 |
2021-06-18 | ¥0.14 | annually | 2021-06-18 |
2020-07-07 | ¥0.12 | annually | 2020-07-07 |
2019-06-19 | ¥0.12 | annually | 2019-06-19 |
2018-06-13 | ¥0.07 | annually | 2018-06-13 |
2017-06-12 | ¥0.06 | annually | 2017-06-12 |
2016-05-19 | ¥0.10 | annually | |
2015-06-23 | ¥0.16 | annually | |
2014-06-19 | ¥0.16 | annually | |
2013-06-17 | ¥0.16 | annually |
Gaona Aero Material Dividend per year
Gaona Aero Material Dividend growth
Gaona Aero Material Dividend Yield
Gaona Aero Material current trailing twelve-month (TTM) dividend yield is 0.72%. Interested in purchasing Gaona Aero Material stock? Use our calculator to estimate your expected dividend yield:
Gaona Aero Material Financial Ratios
Gaona Aero Material Dividend FAQ
Other factors to consider when evaluating Gaona Aero Material 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.
Place an order: Use the brokerage's trading platform to place an order to buy Gaona Aero Material 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.
1. Determination of Dividend: Gaona Aero Material'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, Gaona Aero Material 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, Gaona Aero Material 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 Gaona Aero Material 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: Gaona Aero Material 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, Gaona Aero Material distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Gaona Aero Material 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 Gaona Aero Material'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 Gaona Aero Material'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.