Hangzhou XZB Tech Co.,Ltd researches, develops, manufactures, and sells valve train systems and parts for the car industry. The company provides valve cotters, valve spring retainers, hydraulic lash adjusters and finger followers, push rods, and tappets for heavy duty diesel engines. It also offers precision cold forming components for power tool, household electrical appliance, aerospace, machinery, and other applications. The company was founded in 2002 and is based in Hangzhou, China. Hangzhou XZB Tech Co.,Ltd is a subsidiary of Hangzhou Zuofeng Investment Management Co., Ltd.
Hangzhou XZB Tech Dividend Announcement
• Hangzhou XZB Tech announced a semi annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-10-21
• Hangzhou XZB Tech annual dividend for 2024 was ¥0.60
• Hangzhou XZB Tech annual dividend for 2023 was ¥0.50
• Hangzhou XZB Tech's trailing twelve-month (TTM) dividend yield is 2.35%
• Hangzhou XZB Tech's payout ratio for the trailing twelve months (TTM) is 57.21%
• Hangzhou XZB Tech's dividend growth over the last five years (2018-2023) was 4.17% year
Hangzhou XZB Tech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-21 | ¥0.20 | semi annually | 2024-10-21 |
2024-06-14 | ¥0.40 | semi annually | 2024-06-14 |
2023-09-27 | ¥0.15 | semi annually | 2023-09-27 |
2023-06-20 | ¥0.35 | semi annually | 2023-06-20 |
2022-06-16 | ¥0.30 | semi annually | 2022-06-16 |
2021-06-11 | ¥0.38 | semi annually | 2021-06-11 |
2020-06-09 | ¥0.30 | semi annually | 2020-06-09 |
2019-06-06 | ¥0.40 | semi annually | 2019-06-06 |
2018-06-01 | ¥0.41 | semi annually | 2018-06-01 |
2017-05-26 | ¥0.28 | semi annually | 2017-05-26 |
Hangzhou XZB Tech Dividend per year
Hangzhou XZB Tech Dividend growth
Hangzhou XZB Tech Dividend Yield
Hangzhou XZB Tech current trailing twelve-month (TTM) dividend yield is 2.35%. Interested in purchasing Hangzhou XZB Tech stock? Use our calculator to estimate your expected dividend yield:
Hangzhou XZB Tech Financial Ratios
Hangzhou XZB Tech Dividend FAQ
Other factors to consider when evaluating Hangzhou XZB Tech 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 XZB Tech'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 XZB Tech 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 XZB Tech 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 XZB Tech 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 XZB Tech 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 XZB Tech 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 XZB Tech 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 XZB Tech'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 XZB Tech'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.