Grinm Advanced Materials Co., Ltd. engages in the research and development, manufacture, and sale of advanced materials in the nonferrous metals industry in China. The company offers rare earth (RE) magnetic materials, including RE permanent magnets, RE giant magneto-strictive materials, RE magnetic refrigerant materials, etc.; and RE luminescent materials, such as aluminates, nitrides, silicofluorides, metal halides, etc. It also provides RE compounds comprising RE oxides; salts and composites with various purities, particle sizes, and special microstructures, including anhydrous RE halides; and Zr-based composite RE oxides, such as ScZr, YZr, and CeZr. In addition, the company offers RE metals; RE alloys, which include DyFe, HoCu, Y-Al, and Er-Al; optoelectronic film materials consisting of high purity metal materials, and sputter target and evaporation materials used in electronic information industry; biomedical materials, including SMA vascular stent-grafts, archenteric stents, correction instruments for pectus excavatum, and orthodontic devices; rare and precious metals; and optical fiber application materials, such as GeCl4, Sicl4, and other high-purity optical fiber application materials. Further, it provides infrared optical materials comprising standard and multispectral ZnS, CVD ZnSe, chalcogenide glasses, and various optical polishing and coating products; and photoelectric materials consisting of HB-GaAs, germanium and GaP monocrystals, GaAs monocrystals, infrared optical germanium monocrystals, and dislocation germanium monocrystals, as well as technology consulting services. Grinm Advanced Materials Co., Ltd. was founded in 1999 and is based in Beijing, China.
Grinm Advanced Materials Dividend Announcement
• Grinm Advanced Materials announced a annually dividend of ¥0.14 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06
• Grinm Advanced Materials annual dividend for 2024 was ¥0.14
• Grinm Advanced Materials annual dividend for 2023 was ¥0.10
• Grinm Advanced Materials's trailing twelve-month (TTM) dividend yield is 1.15%
• Grinm Advanced Materials's payout ratio for the trailing twelve months (TTM) is 105.76%
Grinm Advanced Materials Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-06 | ¥0.14 | annually | 2024-06-06 |
| 2023-06-27 | ¥0.10 | annually | 2023-06-27 |
| 2022-07-05 | ¥0.09 | annually | 2022-07-05 |
| 2021-06-24 | ¥0.12 | annually | 2021-06-24 |
| 2020-06-12 | ¥0.02 | annually | 2020-06-12 |
| 2019-05-21 | ¥0.01 | annually | 2019-05-21 |
| 2009-07-17 | ¥0.07 | annually | |
| 2001-08-09 | ¥0.20 | annually | |
| 2000-06-26 | ¥0.25 | annually |
Grinm Advanced Materials Dividend per year
Grinm Advanced Materials Dividend growth
Grinm Advanced Materials Dividend Yield
Grinm Advanced Materials current trailing twelve-month (TTM) dividend yield is 1.15%. Interested in purchasing Grinm Advanced Materials stock? Use our calculator to estimate your expected dividend yield:
Grinm Advanced Materials Financial Ratios
P/E ratio49.99
PEG ratio0.68
P/B ratio2.59
ROE5.25%
Payout ratio105.76%
Current ratio2.45
Quick ratio1.66
Cash Ratio0.42
Grinm Advanced Materials Dividend FAQ
How much is the next Grinm Advanced Materials dividend?
Grinm Advanced Materials's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Grinm Advanced Materials dividend. The next Grinm Advanced Materials dividend will be released in June.
When is Grinm Advanced Materials dividend paid?
Grinm Advanced Materials pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Grinm Advanced Materials pay?
The specific amount of Grinm Advanced Materials 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 Grinm Advanced Materials's dividend history.
Does Grinm Advanced Materials stock pay dividends?
Yes, Grinm Advanced Materials 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 Grinm Advanced Materials's dividend history.
How much dividend does Grinm Advanced Materials pay?
Grinm Advanced Materials paid ¥0.138 in 2024, ¥0.096 in 2023, ¥0.085 in 2022, ¥0.119 in 2021, and ¥0.016 in 2020.
How often does Grinm Advanced Materials pay dividends?
Grinm Advanced Materials 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 June.
What is Grinm Advanced Materials's dividend yield?
The current dividend yield for Grinm Advanced Materials is 1.15%. 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 Grinm Advanced Materials's exact dividend yield.
When does Grinm Advanced Materials go ex dividend?
Grinm Advanced Materials's ex-dividend date for the latest dividend was on 2024-06-06. Grinm Advanced Materials 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 Grinm Advanced Materials dividend paid?
Grinm Advanced Materials pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Grinm Advanced Materials 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 Grinm Advanced Materials 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 Grinm Advanced Materials dividend per share?
Grinm Advanced Materials paid ¥0.138 per share in 2024 and ¥0.096 per share in 2023. The amount of dividend per share that Grinm Advanced Materials 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 Grinm Advanced Materials 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 Grinm Advanced Materials 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 Grinm Advanced Materials a dividend stock?
Yes, Grinm Advanced Materials is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Grinm Advanced Materials a good dividend stock?
Whether Grinm Advanced Materials is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Grinm Advanced Materials has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Grinm Advanced Materials 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.
Other factors to consider when evaluating Grinm Advanced Materials 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 Grinm Advanced Materials pay dividends monthly?
Grinm Advanced Materials typically pays dividends on a annually basis.
Does Grinm Advanced Materials pay dividends quarterly?
Grinm Advanced Materials currently pays dividends on a annually basis.
Has Grinm Advanced Materials ever paid a dividend?
Yes, Grinm Advanced Materials has a history of paying dividends to its shareholders. Grinm Advanced Materials is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Grinm Advanced Materials dividend stocks?
To buy Grinm Advanced Materials 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 Grinm Advanced Materials 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.
Place an order: Use the brokerage's trading platform to place an order to buy Grinm Advanced Materials 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 Grinm Advanced Materials pay dividends 2024?
Grinm Advanced Materials pays dividends on a annually basis. 2024 dividend payments are in 2024-06-06. 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 Grinm Advanced Materials increase its dividend in 2024?
Decisions regarding Grinm Advanced Materials 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 Grinm Advanced Materials dividend overview you can look into the above table of dividend history.
How Grinm Advanced Materials dividend works?
The Grinm Advanced Materials 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 Grinm Advanced Materials's dividend process works:
1. Determination of Dividend: Grinm Advanced Materials'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, Grinm Advanced Materials 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, Grinm Advanced Materials 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 Grinm Advanced Materials 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. Determination of Dividend: Grinm Advanced Materials'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, Grinm Advanced Materials 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, Grinm Advanced Materials 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 Grinm Advanced Materials 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 Grinm Advanced Materials dividends paid?
Grinm Advanced Materials dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Grinm Advanced Materials 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, Grinm Advanced Materials distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Grinm Advanced Materials 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.
1. Record Date: Grinm Advanced Materials 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, Grinm Advanced Materials distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Grinm Advanced Materials 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 Grinm Advanced Materials pay dividends?
Grinm Advanced Materials 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 Grinm Advanced Materials pay dividends?
The general pattern is that Grinm Advanced Materials pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Grinm Advanced Materials dividend safe?
The safety of Grinm Advanced Materials'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 Grinm Advanced Materials'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 Grinm Advanced Materials'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.
To assess the safety of Grinm Advanced Materials'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 Grinm Advanced Materials'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.