Inner Mongolia Erdos Resources Co.,ltd. engages in garment, energy, chemical, metallurgy, and other businesses in China. The company provides plush products, cashmere yarns, cashmere sweaters, and other seasonal products. It also offers ferrosilicon, silicon manganese alloy, coal, caustic soda, calcium carbide, and PVC resins. The company was formerly known as Inner Mongolia Eerduosi Resources Co.,Ltd. and changed its name to Inner Mongolia Erdos Resources Co.,ltd. in June 2011. Inner Mongolia Erdos Resources Co.,ltd. was founded in 1979 and is based in Ordos, China. Inner Mongolia Erdos Resources Co.,ltd. operates as a subsidiary of Inner Mongolia Erdos Cashmere Group Co., Ltd.
Inner Mongolia Erdos Resources Dividend Announcement
• Inner Mongolia Erdos Resources announced a annually dividend of ¥0.80 per ordinary share which will be made payable on 2024-06-26. Ex dividend date: 2024-06-26
• Inner Mongolia Erdos Resources annual dividend for 2024 was ¥0.80
• Inner Mongolia Erdos Resources annual dividend for 2023 was ¥1.00
• Inner Mongolia Erdos Resources's trailing twelve-month (TTM) dividend yield is 8.32%
• Inner Mongolia Erdos Resources's payout ratio for the trailing twelve months (TTM) is 208.82%
• Inner Mongolia Erdos Resources's dividend growth over the last five years (2018-2023) was 58.49% year
• Inner Mongolia Erdos Resources's dividend growth over the last ten years (2013-2023) was 25.89% year
Inner Mongolia Erdos Resources Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-26 | ¥0.80 | annually | 2024-06-26 |
2023-06-30 | ¥1.00 | annually | 2023-06-30 |
2022-06-13 | ¥2.80 | annually | 2022-06-13 |
2021-06-07 | ¥0.80 | annually | 2021-06-07 |
2020-05-26 | ¥0.40 | annually | 2020-05-26 |
2019-07-16 | ¥0.15 | annually | 2019-07-16 |
2018-07-06 | ¥0.10 | annually | 2018-07-06 |
2017-07-12 | ¥0.05 | annually | 2017-07-12 |
2016-06-21 | ¥0.05 | annually | |
2015-06-25 | ¥0.10 | annually | |
2014-05-13 | ¥0.12 | annually | |
2013-06-04 | ¥0.10 | annually |
Inner Mongolia Erdos Resources Dividend per year
Inner Mongolia Erdos Resources Dividend growth
Inner Mongolia Erdos Resources Dividend Yield
Inner Mongolia Erdos Resources current trailing twelve-month (TTM) dividend yield is 8.32%. Interested in purchasing Inner Mongolia Erdos Resources stock? Use our calculator to estimate your expected dividend yield:
Inner Mongolia Erdos Resources Financial Ratios
Inner Mongolia Erdos Resources Dividend FAQ
Other factors to consider when evaluating Inner Mongolia Erdos Resources 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: Inner Mongolia Erdos Resources'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, Inner Mongolia Erdos Resources 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, Inner Mongolia Erdos Resources 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 Inner Mongolia Erdos Resources 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: Inner Mongolia Erdos Resources 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, Inner Mongolia Erdos Resources distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Inner Mongolia Erdos Resources 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 Inner Mongolia Erdos Resources'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 Inner Mongolia Erdos Resources'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.