Jiangsu Changhai Composite Materials Co., Ltd engages in the scientific research, development, production, sale, and service of fiberglass-based composite materials. It offers unsaturated polyester resins; reinforcements, including printed circuit board, and battery separator tissues; assembled, panel, SMC, and woven rovings; rovings for chopped strand mats and pultrusion; fiberglass wet chopped strands; coated tissue for polyurethane foams; woven meshes; chopping rovings for headliners; light weight chopped strand mats; and chopped strand mats. The company also provides non-woven technologies, such as coated tissues for gypsum sheathing; wall covering, carpet tiles, pipe, and roofing tissues; and surfacing veils, as well as batter separators, combotex roving, continuous fiber reinforced thermoplastic tapes, assemble roving and direct roving for thermoplastic, and BMC products. In addition, it offers chemical products comprising hydroxyproyl methacrylate, hydroxyethyl methacrylate-HEMA, hydroxypropyl acrylate-HPA, and hydroxyethyl acrylate-HEA. The company provides its products for various applications in automobile manufacturing, yachts, private facilities, storage tanks, pipeline coatings, cooling towers, architectural decoration, and others. It sells its products to approximately 30 countries and regions, including China, North America, South America, Europe, the Middle East, the Southeast Asia, the Oceania, Africa, and others. Jiangsu Changhai Composite Materials Co., Ltd was founded in 2000 and is based in Changzhou, China.
Jiangsu Changhai Composite Materials Dividend Announcement
• Jiangsu Changhai Composite Materials announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-29
• Jiangsu Changhai Composite Materials annual dividend for 2024 was ¥0.15
• Jiangsu Changhai Composite Materials annual dividend for 2023 was ¥0.20
• Jiangsu Changhai Composite Materials 's trailing twelve-month (TTM) dividend yield is 1.26%
• Jiangsu Changhai Composite Materials 's payout ratio for the trailing twelve months (TTM) is 75.75%
• Jiangsu Changhai Composite Materials 's dividend growth over the last five years (2018-2023) was 14.57% year
Jiangsu Changhai Composite Materials Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-29 | ¥0.15 | annually | 2024-05-29 |
2023-05-24 | ¥0.20 | annually | 2023-05-24 |
2022-05-25 | ¥0.15 | annually | 2022-05-25 |
2021-05-18 | ¥0.10 | annually | 2021-05-18 |
2020-05-20 | ¥0.15 | annually | 2020-05-20 |
2019-05-24 | ¥0.20 | annually | 2019-05-24 |
2018-05-18 | ¥0.10 | annually | 2018-05-18 |
2017-05-31 | ¥0.30 | annually | 2017-05-31 |
2016-05-23 | ¥0.15 | annually | |
2015-04-23 | ¥0.10 | annually | |
2014-05-07 | ¥0.20 | annually | |
2012-05-18 | ¥0.20 | annually |
Jiangsu Changhai Composite Materials Dividend per year
Jiangsu Changhai Composite Materials Dividend growth
Jiangsu Changhai Composite Materials Dividend Yield
Jiangsu Changhai Composite Materials current trailing twelve-month (TTM) dividend yield is 1.26%. Interested in purchasing Jiangsu Changhai Composite Materials stock? Use our calculator to estimate your expected dividend yield:
Jiangsu Changhai Composite Materials Financial Ratios
Jiangsu Changhai Composite Materials Dividend FAQ
Other factors to consider when evaluating Jiangsu Changhai Composite Materials 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 Changhai Composite Materials '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 Changhai Composite Materials 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 Changhai Composite Materials 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 Changhai Composite Materials 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 Changhai Composite Materials 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 Changhai Composite Materials 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 Changhai Composite Materials 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 Changhai Composite Materials '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 Changhai Composite Materials '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.