Hangzhou First Applied Material Co., Ltd. designs, develops, manufactures, and sells solar battery encapsulation materials in China. The company offers encapsulant EVA films, polyolefin films, and back-sheet materials for PV modules; dry film photoresists and flexible copper clad laminates; aluminum laminated films; silicone encapsulant for LED; and co-polyamide hot melt web, a double-sided adhesive non-woven fabric used in the bonding of fabric, leather, metal, plastic, microfiber, non-woven fabric, wood, paper, and other materials. It also exports its products. The company was formerly known as Hangzhou First PV Material Co., Ltd. and changed its name to Hangzhou First Applied Material Co., Ltd. in March 2017. The company was founded in 2003 and is based in Hangzhou, China. Hangzhou First Applied Material Co., Ltd. was formerly a subsidiary of Hangzhou First Technology Group Co., Ltd.
Hangzhou First Applied Material Dividend Announcement
• Hangzhou First Applied Material announced a annually dividend of ¥0.26 per ordinary share which will be made payable on 2024-06-24. Ex dividend date: 2024-06-24
• Hangzhou First Applied Material annual dividend for 2024 was ¥0.26
• Hangzhou First Applied Material annual dividend for 2023 was ¥0.21
• Hangzhou First Applied Material's trailing twelve-month (TTM) dividend yield is 1.47%
• Hangzhou First Applied Material's payout ratio for the trailing twelve months (TTM) is 60.07%
• Hangzhou First Applied Material's dividend growth over the last five years (2018-2023) was -18.94% year
Hangzhou First Applied Material Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-24 | ¥0.26 | annually | 2024-06-24 |
2023-05-26 | ¥0.21 | annually | 2023-05-26 |
2022-05-25 | ¥0.49 | annually | 2022-05-25 |
2021-05-24 | ¥0.38 | annually | 2021-05-24 |
2020-05-18 | ¥0.55 | annually | 2020-05-18 |
2019-05-17 | ¥0.45 | annually | 2019-05-17 |
2018-05-30 | ¥0.60 | annually | 2018-05-30 |
2017-04-27 | ¥1.00 | annually | 2017-04-27 |
2016-04-29 | ¥0.70 | annually | |
2015-05-21 | ¥0.45 | annually |
Hangzhou First Applied Material Dividend per year
Hangzhou First Applied Material Dividend growth
Hangzhou First Applied Material Dividend Yield
Hangzhou First Applied Material current trailing twelve-month (TTM) dividend yield is 1.47%. Interested in purchasing Hangzhou First Applied Material stock? Use our calculator to estimate your expected dividend yield:
Hangzhou First Applied Material Financial Ratios
Hangzhou First Applied Material Dividend FAQ
Other factors to consider when evaluating Hangzhou First Applied 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.
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1. Determination of Dividend: Hangzhou First Applied 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, Hangzhou First Applied 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, Hangzhou First Applied 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 Hangzhou First Applied 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.
1. Record Date: Hangzhou First Applied 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, Hangzhou First Applied 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: Hangzhou First Applied 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.
To assess the safety of Hangzhou First Applied 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 Hangzhou First Applied 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.