Gree Electric Appliances, Inc. of Zhuhai produces and sells household appliances worldwide. The company offers residential air conditioners (ACs); residential central ACs; home appliances, such as tower air coolers, washing machines, and air circulation fans; screw and centrifugal chillers; commercial VRF; refrigeration equipment; heat pumps; air purifiers, sweeping robots, desktop water dispensers, and folding baseboard heaters; range hoods, stoves, gas water heaters, steam ovens, dishwashers, sparkling water makers, air fryers, and health pots; household VRF rotor, commercial air conditioner VRF scroll, air-cooled magnetic bearing, and supporting drive motor of air compressors; servo systems; and permanent magnet auxiliary synchronous reluctance motors. It also provides financial services; and manufactures varnished wires and capacitors. The company was formerly known as Haili Air-conditioning Engineering Co., Ltd. of Zhuhai and changed its name to Gree Electric Appliances, Inc. of Zhuhai in 1994. Gree Electric Appliances, Inc. of Zhuhai was founded in 1989 and is headquartered in Zhuhai, China.
Gree Electric Appliances of Zhuhai Dividend Announcement
• Gree Electric Appliances of Zhuhai announced a semi annually dividend of ¥2.38 per ordinary share which will be made payable on 2024-08-28. Ex dividend date: 2024-08-28
• Gree Electric Appliances of Zhuhai annual dividend for 2024 was ¥2.38
• Gree Electric Appliances of Zhuhai annual dividend for 2023 was ¥2.00
• Gree Electric Appliances of Zhuhai's trailing twelve-month (TTM) dividend yield is 5.5%
• Gree Electric Appliances of Zhuhai's payout ratio for the trailing twelve months (TTM) is 65.45%
Gree Electric Appliances of Zhuhai Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-28 | ¥2.38 | semi annually | 2024-08-28 |
2023-08-09 | ¥1.00 | semi annually | 2023-08-09 |
2023-02-27 | ¥1.00 | semi annually | 2023-02-27 |
2022-08-05 | ¥2.00 | semi annually | 2022-08-05 |
2022-04-08 | ¥1.00 | semi annually | 2022-04-08 |
2021-08-23 | ¥3.00 | semi annually | 2021-08-23 |
2020-11-12 | ¥1.00 | semi annually | 2020-11-12 |
2020-06-11 | ¥1.20 | semi annually | 2020-06-11 |
2019-08-06 | ¥1.50 | semi annually | 2019-08-06 |
2019-02-25 | ¥0.60 | semi annually | 2019-02-25 |
2017-07-05 | ¥1.80 | semi annually | 2017-07-05 |
2016-07-07 | ¥1.50 | semi annually | |
2015-07-03 | ¥3.00 | semi annually | |
2014-06-06 | ¥1.50 | semi annually | |
2013-07-11 | ¥1.00 | semi annually | |
2012-07-06 | ¥0.50 | semi annually |
Gree Electric Appliances of Zhuhai Dividend per year
Gree Electric Appliances of Zhuhai Dividend growth
Gree Electric Appliances of Zhuhai Dividend Yield
Gree Electric Appliances of Zhuhai current trailing twelve-month (TTM) dividend yield is 5.5%. Interested in purchasing Gree Electric Appliances of Zhuhai stock? Use our calculator to estimate your expected dividend yield:
Gree Electric Appliances of Zhuhai Financial Ratios
Gree Electric Appliances of Zhuhai Dividend FAQ
Other factors to consider when evaluating Gree Electric Appliances of Zhuhai 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: Gree Electric Appliances of Zhuhai'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, Gree Electric Appliances of Zhuhai 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, Gree Electric Appliances of Zhuhai 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 Gree Electric Appliances of Zhuhai 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: Gree Electric Appliances of Zhuhai 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, Gree Electric Appliances of Zhuhai distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Gree Electric Appliances of Zhuhai 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 Gree Electric Appliances of Zhuhai'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 Gree Electric Appliances of Zhuhai'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.