Hangzhou Oxygen Plant Group Co.,Ltd. designs, produces, and sells air separation equipment, petrochemical equipment, other related equipment worldwide. It offers turbine compressors, various expanders, adsorbers, plate heat exchangers, coolers, structured packing products, low-temperature liquid storage tanks, cryogenic liquid pumps, and valves, as well as plant engineering services; and installs and maintains air separation equipment, as well as offers related technical services. The company also produces industrial, special, medical, and mixed gases; oxygen, nitrogen, liquid oxygen, liquid nitrogen, liquid argon, and argon; nitrogen inert gas fire extinguishing agents and argon inert gas fire extinguishing agents; and nitrogen food additives. In addition, it is involved in the wholesale of hazardous chemicals; road freight operations; sale of general machinery and equipment accessories; import and export of goods; and rare gas refined extraction test platform project. It serves glass, metallurgy, chemical, coal chemical, petrochemical, electronics, aerospace, solar energy, food, chemical processing, and medical treatment sectors. The company was founded in 1950 and is headquartered in Hangzhou, the People's Republic of China. Hangzhou Oxygen Plant Group Co.,Ltd. is a subsidiary of Hangzhou Hangyang Holdings Co., Ltd.
Hangzhou Oxygen Plant Dividend Announcement
• Hangzhou Oxygen Plant announced a semi annually dividend of ¥0.80 per ordinary share which will be made payable on 2024-05-15. Ex dividend date: 2024-05-15
• Hangzhou Oxygen Plant annual dividend for 2024 was ¥0.80
• Hangzhou Oxygen Plant annual dividend for 2023 was ¥1.00
• Hangzhou Oxygen Plant's trailing twelve-month (TTM) dividend yield is 3.04%
• Hangzhou Oxygen Plant's payout ratio for the trailing twelve months (TTM) is 88.55%
• Hangzhou Oxygen Plant's dividend growth over the last five years (2018-2023) was 67.88% year
Hangzhou Oxygen Plant Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-15 | ¥0.80 | semi annually | 2024-05-15 |
2023-09-26 | ¥0.20 | semi annually | 2023-09-26 |
2023-05-08 | ¥0.80 | semi annually | 2023-05-08 |
2022-04-29 | ¥0.60 | semi annually | 2022-04-29 |
2021-06-11 | ¥0.25 | semi annually | 2021-06-11 |
2020-07-14 | ¥0.18 | semi annually | 2020-07-14 |
2019-06-13 | ¥0.18 | semi annually | 2019-06-13 |
2018-06-15 | ¥0.07 | semi annually | 2018-06-15 |
2016-06-24 | ¥0.03 | semi annually | |
2015-06-16 | ¥0.02 | semi annually | |
2014-06-19 | ¥0.05 | semi annually | |
2013-06-25 | ¥0.15 | semi annually | |
2012-05-07 | ¥0.15 | semi annually |
Hangzhou Oxygen Plant Dividend per year
Hangzhou Oxygen Plant Dividend growth
Hangzhou Oxygen Plant Dividend Yield
Hangzhou Oxygen Plant current trailing twelve-month (TTM) dividend yield is 3.04%. Interested in purchasing Hangzhou Oxygen Plant stock? Use our calculator to estimate your expected dividend yield:
Hangzhou Oxygen Plant Financial Ratios
Hangzhou Oxygen Plant Dividend FAQ
Other factors to consider when evaluating Hangzhou Oxygen Plant 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 Oxygen Plant'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 Oxygen Plant 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 Oxygen Plant 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 Oxygen Plant 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 Oxygen Plant 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 Oxygen Plant 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 Oxygen Plant 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 Oxygen Plant'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 Oxygen Plant'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.