Hangzhou Zhongheng Electric Co., Ltd. provides electric power information and electronics products in China, rest of Asia, Africa, Europe, the United States, Oceania, and internationally. The company offers communication power supply, data center and high voltage direct current power supply, electric power supply, electric vehicle charging piles, two-wheeled electric vehicle battery swap system, smart grids, mobile charging vehicles, and remote power supply system, as well as power electronics intelligent and energy internet products. It also provides electric power operation power supply, energy storage products, power integrated solutions, and integrated energy services. In addition, the company engages in the provision of software development, sale, and services. It serves power grid enterprises, power generation companies, and industrial enterprises. Hangzhou Zhongheng Electric Co., Ltd. was founded in 1996 and is based in Hangzhou, China.
Hangzhou Zhongheng Electric Dividend Announcement
• Hangzhou Zhongheng Electric announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-28
• Hangzhou Zhongheng Electric annual dividend for 2024 was ¥0.05
• Hangzhou Zhongheng Electric 's trailing twelve-month (TTM) dividend yield is 0.68%
• Hangzhou Zhongheng Electric 's payout ratio for the trailing twelve months (TTM) is 33.27%
Hangzhou Zhongheng Electric Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | ¥0.05 | annually | 2024-06-28 |
2022-06-22 | ¥0.10 | annually | 2022-06-22 |
2021-06-24 | ¥0.10 | annually | 2021-06-24 |
2020-06-12 | ¥0.10 | annually | 2020-06-12 |
2019-06-04 | ¥0.10 | annually | 2019-06-04 |
2018-05-14 | ¥0.10 | annually | 2018-05-14 |
2017-06-13 | ¥0.10 | annually | 2017-06-13 |
2016-05-03 | ¥0.03 | annually | |
2015-05-19 | ¥0.03 | annually | |
2014-05-15 | ¥0.10 | annually | |
2013-05-06 | ¥0.15 | annually | |
2012-04-05 | ¥0.15 | annually |
Hangzhou Zhongheng Electric Dividend per year
Hangzhou Zhongheng Electric Dividend growth
Hangzhou Zhongheng Electric Dividend Yield
Hangzhou Zhongheng Electric current trailing twelve-month (TTM) dividend yield is 0.68%. Interested in purchasing Hangzhou Zhongheng Electric stock? Use our calculator to estimate your expected dividend yield:
Hangzhou Zhongheng Electric Financial Ratios
Hangzhou Zhongheng Electric Dividend FAQ
Other factors to consider when evaluating Hangzhou Zhongheng Electric 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 Zhongheng Electric '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 Zhongheng Electric 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 Zhongheng Electric 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 Zhongheng Electric 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 Zhongheng Electric 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 Zhongheng Electric 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 Zhongheng Electric 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 Zhongheng Electric '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 Zhongheng Electric '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.