Jiangsu Azure Corporation engages in lithium battery, LED chips, and metal logistics and distribution businesses in China. It is involved in the research and development, production, and sale of lithium battery products that are used in small power systems, electric bicycles/motorcycles, cleaning appliances, portable energy storage, and other products. The company also engages in the research and development, and manufacture of LED epitaxial wafers and chips. In addition, it engages in the warehousing, sorting, nesting, packaging, distribution, and processing of steel and aluminum plates, as well as provides supply chain management services. The company was formerly known as Jiangsu Aucksun Co., Ltd. Jiangsu Azure Corporation is based in Zhangjiagang, China.
Jiangsu Azure Dividend Announcement
• Jiangsu Azure announced a annually dividend of ¥0.01 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-07
• Jiangsu Azure annual dividend for 2024 was ¥0.01
• Jiangsu Azure annual dividend for 2023 was ¥0.04
• Jiangsu Azure's trailing twelve-month (TTM) dividend yield is 0.16%
• Jiangsu Azure's payout ratio for the trailing twelve months (TTM) is 17.58%
• Jiangsu Azure's dividend growth over the last five years (2018-2023) was -2.64% year
Jiangsu Azure Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-07 | ¥0.01 | annually | 2024-06-07 |
2023-07-11 | ¥0.04 | annually | 2023-07-11 |
2022-04-21 | ¥0.07 | annually | 2022-04-21 |
2021-04-16 | ¥0.03 | annually | 2021-04-16 |
2020-05-20 | ¥0.01 | annually | 2020-05-20 |
2019-04-19 | ¥0.03 | annually | 2019-04-19 |
2018-03-16 | ¥0.04 | annually | 2018-03-16 |
2017-05-10 | ¥0.03 | annually | 2017-05-10 |
2016-05-10 | ¥0.03 | annually | |
2015-03-20 | ¥0.08 | annually | |
2014-03-05 | ¥0.08 | annually | |
2013-04-26 | ¥0.04 | annually |
Jiangsu Azure Dividend per year
Jiangsu Azure Dividend growth
Jiangsu Azure Dividend Yield
Jiangsu Azure current trailing twelve-month (TTM) dividend yield is 0.16%. Interested in purchasing Jiangsu Azure stock? Use our calculator to estimate your expected dividend yield:
Jiangsu Azure Financial Ratios
Jiangsu Azure Dividend FAQ
Other factors to consider when evaluating Jiangsu Azure 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: Jiangsu Azure'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, Jiangsu Azure 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, Jiangsu Azure 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 Jiangsu Azure 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: Jiangsu Azure 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, Jiangsu Azure distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jiangsu Azure 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 Jiangsu Azure'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 Jiangsu Azure'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.