GEM Co., Ltd. operates in the recycling industry in China and internationally. The company offers nickel-cobalt-manganese and nickel-cobalt-aluminum ternary power battery materials; ultrafine cobalt-nickel powders, fine cobalt-nickel chemicals, sodium para tungstate, tungsten powders, tungsten carbide, and other rare metal products; cemented carbide products; and other metal products, such as gold, silver, palladium, copper, and rhodium, as well as wood products for outdoor gardens, landscapes, municipal engineering, and other projects. It also provides recycled plastic products, plastic wood, logistics tools, and other green recycled plastic products; energy storage power stations, UPS power supplies, forklift batteries, tricycle batteries, aerial operating vehicle batteries, and car-mounted air-conditioner batteries; and eco-friendly bricks. In addition, the company operates electronic waste and automobile treatment centers. The company was formerly known as Shenzhen Green Eco-manufacture Hi-tech Co., Ltd. and changed its name to GEM Co., Ltd. in April 2015. GEM Co., Ltd. was incorporated in 2001 and is based in Shenzhen, the People's Republic of China.
GEM Dividend Announcement
• GEM announced a annually dividend of ¥0.08 per ordinary share which will be made payable on 2024-07-04. Ex dividend date: 2024-07-04
• GEM annual dividend for 2024 was ¥0.08
• GEM annual dividend for 2023 was ¥0.05
• GEM's trailing twelve-month (TTM) dividend yield is 1.18%
• GEM's payout ratio for the trailing twelve months (TTM) is 119.03%
• GEM's dividend growth over the last five years (2018-2023) was 13.97% year
GEM Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-04 | ¥0.08 | annually | 2024-07-04 |
2023-07-14 | ¥0.05 | annually | 2023-07-14 |
2022-06-17 | ¥0.03 | annually | 2022-06-17 |
2021-06-18 | ¥0.01 | annually | 2021-06-18 |
2020-06-12 | ¥0.03 | annually | 2020-06-12 |
2019-05-15 | ¥0.03 | annually | 2019-05-15 |
2018-05-29 | ¥0.03 | annually | 2018-05-29 |
2017-05-19 | ¥0.01 | annually | 2017-05-19 |
2016-06-01 | ¥0.02 | annually | |
2015-05-15 | ¥0.01 | annually | |
2015-01-26 | ¥0.06 | annually | |
2013-06-21 | ¥0.07 | annually | |
2012-05-29 | ¥0.20 | annually |
GEM Dividend per year
GEM Dividend growth
GEM Dividend Yield
GEM current trailing twelve-month (TTM) dividend yield is 1.18%. Interested in purchasing GEM stock? Use our calculator to estimate your expected dividend yield:
GEM Financial Ratios
GEM Dividend FAQ
Other factors to consider when evaluating GEM 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: GEM'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, GEM 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, GEM 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 GEM 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: GEM 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, GEM distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: GEM 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 GEM'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 GEM'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.