Guizhou Zhenhua New Material Co., Ltd. manufactures cathode material for lithium ion batteries. It also manufactures power ternary, lithium cobalt oxide, composite ternary, cobalt-nickel lithium manganese ternary, and high manganese polycrystalline products. The company's products are used in consumer electronics and automobile industries. The company was formerly known as Shenzhen Zhenhua New Material Co.,LTD and changed its name to Guizhou Zhenhua New Material Co., Ltd. in May 2018. The company was incorporated in 2004 and is based in Shenzhen, China.
Guizhou Zhenhua New Material Dividend Announcement
• Guizhou Zhenhua New Material announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-07-08. Ex dividend date: 2024-07-08 • Guizhou Zhenhua New Material annual dividend for 2024 was ¥0.05 • Guizhou Zhenhua New Material annual dividend for 2023 was ¥0.70 • Guizhou Zhenhua New Material's trailing twelve-month (TTM) dividend yield is 0.38% • Guizhou Zhenhua New Material's payout ratio for the trailing twelve months (TTM) is -144.73%
Guizhou Zhenhua New Material current trailing twelve-month (TTM) dividend yield is 0.38%. Interested in purchasing Guizhou Zhenhua New Material stock? Use our calculator to estimate your expected dividend yield:
Guizhou Zhenhua New Material Financial Ratios
P/E ratio-26.23
PEG ratio-0.35
P/B ratio1.51
ROE-5.89%
Payout ratio-144.73%
Current ratio1.74
Quick ratio1.33
Cash Ratio0.74
Guizhou Zhenhua New Material Dividend FAQ
How much is the next Guizhou Zhenhua New Material dividend?
Guizhou Zhenhua New Material's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Guizhou Zhenhua New Material dividend. The next Guizhou Zhenhua New Material dividend will be released in June.
When is Guizhou Zhenhua New Material dividend paid?
Guizhou Zhenhua New Material 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 Guizhou Zhenhua New Material pay?
The specific amount of Guizhou Zhenhua New Material 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 Guizhou Zhenhua New Material's dividend history.
Does Guizhou Zhenhua New Material stock pay dividends?
Yes, Guizhou Zhenhua New Material 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 Guizhou Zhenhua New Material's dividend history.
How much dividend does Guizhou Zhenhua New Material pay?
Guizhou Zhenhua New Material paid ¥0.05 in 2024, ¥0.7 in 2023, ¥0.25 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Guizhou Zhenhua New Material pay dividends?
Guizhou Zhenhua New Material 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 Guizhou Zhenhua New Material's dividend yield?
The current dividend yield for Guizhou Zhenhua New Material is 0.38%. 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 Guizhou Zhenhua New Material's exact dividend yield.
When does Guizhou Zhenhua New Material go ex dividend?
Guizhou Zhenhua New Material's ex-dividend date for the latest dividend was on 2024-07-08. Guizhou Zhenhua New Material 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 Guizhou Zhenhua New Material dividend paid?
Guizhou Zhenhua New Material pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Guizhou Zhenhua New Material 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 Guizhou Zhenhua New Material 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 Guizhou Zhenhua New Material dividend per share?
Guizhou Zhenhua New Material paid ¥0.05 per share in 2024 and ¥0.7 per share in 2023. The amount of dividend per share that Guizhou Zhenhua New Material 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 Guizhou Zhenhua New Material 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 Guizhou Zhenhua New Material 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 Guizhou Zhenhua New Material a dividend stock?
Yes, Guizhou Zhenhua New Material is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Guizhou Zhenhua New Material a good dividend stock?
Whether Guizhou Zhenhua New Material is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Guizhou Zhenhua New Material has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Guizhou Zhenhua New Material 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 Guizhou Zhenhua New Material pay dividends monthly?
Guizhou Zhenhua New Material typically pays dividends on a annually basis.
Does Guizhou Zhenhua New Material pay dividends quarterly?
Guizhou Zhenhua New Material currently pays dividends on a annually basis.
Has Guizhou Zhenhua New Material ever paid a dividend?
Yes, Guizhou Zhenhua New Material has a history of paying dividends to its shareholders. Guizhou Zhenhua New Material is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Guizhou Zhenhua New Material dividend stocks?
To buy Guizhou Zhenhua New Material 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 Guizhou Zhenhua New Material 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 Guizhou Zhenhua New Material pay dividends 2024?
Guizhou Zhenhua New Material pays dividends on a annually basis. 2024 dividend payments are in 2024-07-08. 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 Guizhou Zhenhua New Material increase its dividend in 2024?
Decisions regarding Guizhou Zhenhua New Material 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 Guizhou Zhenhua New Material dividend overview you can look into the above table of dividend history.
How Guizhou Zhenhua New Material dividend works?
The Guizhou Zhenhua New Material 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 Guizhou Zhenhua New Material's dividend process works:
1. Determination of Dividend: Guizhou Zhenhua New Material'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, Guizhou Zhenhua New Material 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, Guizhou Zhenhua New Material 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 Guizhou Zhenhua New Material 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 Guizhou Zhenhua New Material dividends paid?
Guizhou Zhenhua New Material dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Guizhou Zhenhua New Material 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, Guizhou Zhenhua New Material distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Guizhou Zhenhua New Material 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 Guizhou Zhenhua New Material pay dividends?
Guizhou Zhenhua New Material 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 Guizhou Zhenhua New Material pay dividends?
The general pattern is that Guizhou Zhenhua New Material 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 Guizhou Zhenhua New Material dividend safe?
The safety of Guizhou Zhenhua New Material'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 Guizhou Zhenhua New Material'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 Guizhou Zhenhua New Material'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.