Gotion High-tech Co.,Ltd. engages in the research and development, production, and sale of power lithium batteries in China and internationally. Its products include lithium iron phosphate materials and batteries, ternary materials and batteries, power battery packs, battery management systems, and energy storage battery packs for use in electric commercial vehicles, passenger vehicles, special vehicles, and hybrid vehicles. The company also offers high-voltage electrical appliances, switchgear equipment, electrical digital equipment, intelligent distribution network equipment, serialized transformers, transformers, circuit breakers, integrated charging piles, on-board chargers, and energy storage cabinets for use in thermal power, hydropower, nuclear power, wind power, metallurgy, railway, and other industries. Gotion High-tech Co.,Ltd. was founded in 1998 and is based in Hefei, China.
Gotion High-tech Dividend Announcement
• Gotion High-tech announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-06-21. Ex dividend date: 2024-06-21
• Gotion High-tech annual dividend for 2024 was ¥0.10
• Gotion High-tech's trailing twelve-month (TTM) dividend yield is 0.4%
• Gotion High-tech's payout ratio for the trailing twelve months (TTM) is 174.54%
Gotion High-tech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-21 | ¥0.10 | annually | 2024-06-21 |
2022-06-17 | ¥0.10 | annually | 2022-06-17 |
2019-07-25 | ¥0.10 | annually | 2019-07-25 |
2018-07-11 | ¥0.10 | annually | 2018-07-11 |
2017-06-02 | ¥0.13 | annually | 2017-06-02 |
2016-06-16 | ¥0.13 | annually | |
2015-04-30 | ¥0.03 | annually | |
2014-06-27 | ¥0.02 | annually | |
2013-06-07 | ¥0.02 | annually | |
2012-07-17 | ¥0.09 | annually | |
2011-06-17 | ¥0.07 | annually | |
2009-06-25 | ¥0.09 | annually |
Gotion High-tech Dividend per year
Gotion High-tech Dividend growth
Gotion High-tech Dividend Yield
Gotion High-tech current trailing twelve-month (TTM) dividend yield is 0.4%. Interested in purchasing Gotion High-tech stock? Use our calculator to estimate your expected dividend yield:
Gotion High-tech Financial Ratios
Gotion High-tech Dividend FAQ
Other factors to consider when evaluating Gotion High-tech 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: Gotion High-tech'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, Gotion High-tech 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, Gotion High-tech 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 Gotion High-tech 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: Gotion High-tech 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, Gotion High-tech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Gotion High-tech 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 Gotion High-tech'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 Gotion High-tech'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.