Gold cup Electric Apparatus Co.,Ltd. researches, develops, manufactures, and sells wires and cables in Central, Southern, and Western China. It offers electrical equipment wire, including non-sheathed and sheathed cable, flexible cable and wire, screened cable, low smoke halogen free flame retardant wire, exquisite flame retardant wire, high-end easy home wire, radiated European standard wire, computer cable, and plastics insulated and sheathed control cable products. The company also provides cable and conductor products comprising plastics insulated power cable, XLPE insulated cable, XLPE insulated power cable, aerial insulated cable, and overhead conductor; and aluminum alloy and flexible mineral insulated fireproof cable products. In addition, it offers rubber flexible, mining, elevator, motor winding lead, waterproof rubber sheathed, silicon rubber insulated and sheathed flexible, butyronitrile compound insulation and sheathed power, internal connecting, rail transit, ship power, and PV cables, as well as copper cores. The company offers its products for use in power projects, railways, construction machinery, minerals, aviation, buildings, electrical appliance, transformer companies, etc. It also exports its products to Europe, Australia, Kenya, Angola, Vietnam, Maldives, Malaysia, and Singapore. The company was founded in 1999 and is based in Changsha, the People's Republic of China.
Gold cup Electric Apparatus Dividend Announcement
• Gold cup Electric Apparatus announced a semi annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-10-30
• Gold cup Electric Apparatus annual dividend for 2024 was ¥0.60
• Gold cup Electric Apparatus annual dividend for 2023 was ¥0.35
• Gold cup Electric Apparatus's trailing twelve-month (TTM) dividend yield is 6.07%
• Gold cup Electric Apparatus's payout ratio for the trailing twelve months (TTM) is 142.99%
• Gold cup Electric Apparatus's dividend growth over the last five years (2018-2023) was 28.47% year
• Gold cup Electric Apparatus's dividend growth over the last ten years (2013-2023) was 11.30% year
Gold cup Electric Apparatus Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-30 | ¥0.20 | semi annually | 2024-10-30 |
2024-05-22 | ¥0.40 | semi annually | 2024-05-22 |
2023-05-19 | ¥0.35 | semi annually | 2023-05-19 |
2022-05-11 | ¥0.30 | semi annually | 2022-05-11 |
2021-05-26 | ¥0.25 | semi annually | 2021-05-26 |
2020-05-19 | ¥0.25 | semi annually | 2020-05-19 |
2019-05-08 | ¥0.15 | semi annually | 2019-05-08 |
2018-05-21 | ¥0.10 | semi annually | 2018-05-21 |
2017-05-10 | ¥0.15 | semi annually | 2017-05-10 |
2016-05-05 | ¥0.10 | semi annually | |
2015-05-15 | ¥0.10 | semi annually | |
2014-04-29 | ¥0.12 | semi annually | |
2013-06-17 | ¥0.12 | semi annually |
Gold cup Electric Apparatus Dividend per year
Gold cup Electric Apparatus Dividend growth
Gold cup Electric Apparatus Dividend Yield
Gold cup Electric Apparatus current trailing twelve-month (TTM) dividend yield is 6.07%. Interested in purchasing Gold cup Electric Apparatus stock? Use our calculator to estimate your expected dividend yield:
Gold cup Electric Apparatus Financial Ratios
Gold cup Electric Apparatus Dividend FAQ
Other factors to consider when evaluating Gold cup Electric Apparatus 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: Gold cup Electric Apparatus'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, Gold cup Electric Apparatus 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, Gold cup Electric Apparatus 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 Gold cup Electric Apparatus 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: Gold cup Electric Apparatus 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, Gold cup Electric Apparatus distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Gold cup Electric Apparatus 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 Gold cup Electric Apparatus'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 Gold cup Electric Apparatus'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.