Hangzhou Zhongtai Cryogenic Technology Corporation develops, designs, manufactures, and sells cryogenic equipment in China. The company offers packaged units, such as cryogenic liquefaction plants for liquefied natural gas; cryogenic purification plants for liquid nitrogen washing devices; and cryogenic separation plants for H2-CO separation units. It also provides cold box products that include liquefied natural gas, liquid nitrogen washing, ethylene, air separation unit, propane dehydrogenation propylene, methanol to olefins/methanol to propylene, and carbon monoxide cold boxes. In addition, the company offers plate-fin heat exchangers, such as aluminum plate-fin heat exchangers and ethylene column overhead condensers/plate-fin vessels. It serves customers in the energy, chemical, metallurgy, electric power, liquefied natural gas, and modern coal chemical industries. It also exports its products to the United State, Europe, India, etc. Hangzhou Zhongtai Cryogenic Technology Corporation was founded in 2006 and is based in Hangzhou, China.
Hangzhou Zhongtai Cryogenic Technology Dividend Announcement
• Hangzhou Zhongtai Cryogenic Technology announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-05-22. Ex dividend date: 2024-05-22
• Hangzhou Zhongtai Cryogenic Technology annual dividend for 2024 was ¥0.15
• Hangzhou Zhongtai Cryogenic Technology annual dividend for 2023 was ¥0.10
• Hangzhou Zhongtai Cryogenic Technology's trailing twelve-month (TTM) dividend yield is 1.27%
• Hangzhou Zhongtai Cryogenic Technology's payout ratio for the trailing twelve months (TTM) is 40.04%
• Hangzhou Zhongtai Cryogenic Technology's dividend growth over the last five years (2018-2023) was -12.94% year
Hangzhou Zhongtai Cryogenic Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-22 | ¥0.15 | annually | 2024-05-22 |
2023-05-19 | ¥0.10 | annually | 2023-05-19 |
2022-05-19 | ¥0.08 | annually | 2022-05-19 |
2021-06-03 | ¥0.08 | annually | 2021-06-03 |
2020-06-09 | ¥0.05 | annually | 2020-06-09 |
2019-04-26 | ¥0.05 | annually | 2019-04-30 |
2018-06-14 | ¥0.20 | annually | 2018-06-14 |
2017-06-14 | ¥0.06 | annually | 2017-06-14 |
2016-05-16 | ¥0.20 | annually | |
2015-05-29 | ¥0.14 | annually |
Hangzhou Zhongtai Cryogenic Technology Dividend per year
Hangzhou Zhongtai Cryogenic Technology Dividend growth
Hangzhou Zhongtai Cryogenic Technology Dividend Yield
Hangzhou Zhongtai Cryogenic Technology current trailing twelve-month (TTM) dividend yield is 1.27%. Interested in purchasing Hangzhou Zhongtai Cryogenic Technology stock? Use our calculator to estimate your expected dividend yield:
Hangzhou Zhongtai Cryogenic Technology Financial Ratios
Hangzhou Zhongtai Cryogenic Technology Dividend FAQ
Other factors to consider when evaluating Hangzhou Zhongtai Cryogenic Technology 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 Zhongtai Cryogenic Technology'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 Zhongtai Cryogenic Technology 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 Zhongtai Cryogenic Technology 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 Zhongtai Cryogenic Technology 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 Zhongtai Cryogenic Technology 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 Zhongtai Cryogenic Technology 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 Zhongtai Cryogenic Technology 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 Zhongtai Cryogenic Technology'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 Zhongtai Cryogenic Technology'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.