Gem-Year Industrial Co.,Ltd. engages in the research, development, production, and distribution of fasteners in China. The company offers fastener products, including general, railway, highway, electricity, subway, car, bicycle, engine, and home appliance fasteners, as well as iron nails, steel structures, decorative screws, fine threads, and casting products. It also provides hardware tools, such as comprehensive sets, toolboxes, tool carts, tool bags, sleeves and accessories, wrenches, torque wrenches, hexagons, screwdriver heads, pliers tools, cutting tools, percussion tools, measuring tools, electrical and electronic tools, pneumatic tools, lifting hydraulic tools. The company was founded in 1995 and is based in Jiaxing, China.
Gem-Year Industrial Dividend Announcement
• Gem-Year Industrial announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-06-20. Ex dividend date: 2024-06-20 • Gem-Year Industrial annual dividend for 2024 was ¥0.10 • Gem-Year Industrial annual dividend for 2023 was ¥0.10 • Gem-Year Industrial's trailing twelve-month (TTM) dividend yield is 2.1% • Gem-Year Industrial's payout ratio for the trailing twelve months (TTM) is 236.92%
Gem-Year Industrial current trailing twelve-month (TTM) dividend yield is 2.1%. Interested in purchasing Gem-Year Industrial stock? Use our calculator to estimate your expected dividend yield:
Gem-Year Industrial Financial Ratios
P/E ratio74.89
PEG ratio0.73
P/B ratio1.13
ROE1.52%
Payout ratio236.92%
Current ratio3.14
Quick ratio1.72
Cash Ratio0.40
Gem-Year Industrial Dividend FAQ
How much is the next Gem-Year Industrial dividend?
Gem-Year Industrial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Gem-Year Industrial dividend. The next Gem-Year Industrial dividend will be released in July.
When is Gem-Year Industrial dividend paid?
Gem-Year Industrial pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Gem-Year Industrial pay?
The specific amount of Gem-Year Industrial dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Gem-Year Industrial's dividend history.
Does Gem-Year Industrial stock pay dividends?
Yes, Gem-Year Industrial does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Gem-Year Industrial's dividend history.
How much dividend does Gem-Year Industrial pay?
Gem-Year Industrial paid ¥0.1 in 2024, ¥0.1 in 2023, ¥0.0 in 2022, ¥0.05 in 2021, and ¥0.0 in 2020.
How often does Gem-Year Industrial pay dividends?
Gem-Year Industrial typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is Gem-Year Industrial's dividend yield?
The current dividend yield for Gem-Year Industrial is 2.1%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Gem-Year Industrial's exact dividend yield.
When does Gem-Year Industrial go ex dividend?
Gem-Year Industrial's ex-dividend date for the latest dividend was on 2024-06-20. Gem-Year Industrial typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Gem-Year Industrial dividend paid?
Gem-Year Industrial pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Gem-Year Industrial increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Gem-Year Industrial will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Gem-Year Industrial dividend per share?
Gem-Year Industrial paid ¥0.1 per share in 2024 and ¥0.1 per share in 2023. The amount of dividend per share that Gem-Year Industrial pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Gem-Year Industrial a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Gem-Year Industrial a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Gem-Year Industrial a dividend stock?
Yes, Gem-Year Industrial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Gem-Year Industrial a good dividend stock?
Whether Gem-Year Industrial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Gem-Year Industrial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Gem-Year Industrial 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.
Does Gem-Year Industrial pay dividends monthly?
Gem-Year Industrial typically pays dividends on a annually basis.
Does Gem-Year Industrial pay dividends quarterly?
Gem-Year Industrial currently pays dividends on a annually basis.
Has Gem-Year Industrial ever paid a dividend?
Yes, Gem-Year Industrial has a history of paying dividends to its shareholders. Gem-Year Industrial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Gem-Year Industrial dividend stocks?
To buy Gem-Year Industrial you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Gem-Year Industrial 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.
When does Gem-Year Industrial pay dividends 2024?
Gem-Year Industrial pays dividends on a annually basis. 2024 dividend payments are in 2024-06-20. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Gem-Year Industrial increase its dividend in 2024?
Decisions regarding Gem-Year Industrial dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Gem-Year Industrial dividend overview you can look into the above table of dividend history.
How Gem-Year Industrial dividend works?
The Gem-Year Industrial dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Gem-Year Industrial's dividend process works:
1. Determination of Dividend: Gem-Year Industrial'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-Year Industrial 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-Year Industrial 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-Year Industrial 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.
How are Gem-Year Industrial dividends paid?
Gem-Year Industrial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Gem-Year Industrial 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-Year Industrial 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-Year Industrial 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.
How many times does Gem-Year Industrial pay dividends?
Gem-Year Industrial typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Gem-Year Industrial pay dividends?
The general pattern is that Gem-Year Industrial pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Gem-Year Industrial dividend safe?
The safety of Gem-Year Industrial's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Gem-Year Industrial'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-Year Industrial'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.