Jiangsu Eastern Shenghong Co., Ltd. engages in the research, development, production, and sale of civilian polyester filament yarns. The company also engages in the production and supply of PTA and thermoelectricity. It serves oil refining, petrochemical, chemical fiber, thermoelectric, and other industries. The company was founded in 1998 and is based in Suzhou, China.
Jiangsu Eastern Shenghong Dividend Announcement
• Jiangsu Eastern Shenghong announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-07 • Jiangsu Eastern Shenghong annual dividend for 2024 was ¥0.10 • Jiangsu Eastern Shenghong annual dividend for 2023 was ¥0.10 • Jiangsu Eastern Shenghong's trailing twelve-month (TTM) dividend yield is 1.13% • Jiangsu Eastern Shenghong's payout ratio for the trailing twelve months (TTM) is -125.74% • Jiangsu Eastern Shenghong's dividend growth over the last ten years (2013-2023) was 7.18% year
Jiangsu Eastern Shenghong current trailing twelve-month (TTM) dividend yield is 1.13%. Interested in purchasing Jiangsu Eastern Shenghong stock? Use our calculator to estimate your expected dividend yield:
Jiangsu Eastern Shenghong Financial Ratios
P/E ratio-18.25
PEG ratio-0.28
P/B ratio1.74
ROE-9.12%
Payout ratio-125.74%
Current ratio0.48
Quick ratio0.22
Cash Ratio0.16
Jiangsu Eastern Shenghong Dividend FAQ
How much is the next Jiangsu Eastern Shenghong dividend?
Jiangsu Eastern Shenghong's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Jiangsu Eastern Shenghong dividend. The next Jiangsu Eastern Shenghong dividend will be released in May.
When is Jiangsu Eastern Shenghong dividend paid?
Jiangsu Eastern Shenghong pays dividends on a annually basis. The specific dates may vary each year but are generally around May. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Jiangsu Eastern Shenghong pay?
The specific amount of Jiangsu Eastern Shenghong dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Jiangsu Eastern Shenghong's dividend history.
Does Jiangsu Eastern Shenghong stock pay dividends?
Yes, Jiangsu Eastern Shenghong does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Jiangsu Eastern Shenghong's dividend history.
How much dividend does Jiangsu Eastern Shenghong pay?
Jiangsu Eastern Shenghong paid ¥0.1 in 2024, ¥0.1 in 2023, ¥0.15 in 2022, ¥0.1 in 2021, and ¥0.1 in 2020.
How often does Jiangsu Eastern Shenghong pay dividends?
Jiangsu Eastern Shenghong typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is Jiangsu Eastern Shenghong's dividend yield?
The current dividend yield for Jiangsu Eastern Shenghong is 1.13%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Jiangsu Eastern Shenghong's exact dividend yield.
When does Jiangsu Eastern Shenghong go ex dividend?
Jiangsu Eastern Shenghong's ex-dividend date for the latest dividend was on 2024-06-07. Jiangsu Eastern Shenghong typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Jiangsu Eastern Shenghong dividend paid?
Jiangsu Eastern Shenghong pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Jiangsu Eastern Shenghong increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Jiangsu Eastern Shenghong will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Jiangsu Eastern Shenghong dividend per share?
Jiangsu Eastern Shenghong paid ¥0.1 per share in 2024 and ¥0.1 per share in 2023. The amount of dividend per share that Jiangsu Eastern Shenghong pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Jiangsu Eastern Shenghong a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Jiangsu Eastern Shenghong a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Jiangsu Eastern Shenghong a dividend stock?
Yes, Jiangsu Eastern Shenghong is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Jiangsu Eastern Shenghong a good dividend stock?
Whether Jiangsu Eastern Shenghong is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Jiangsu Eastern Shenghong has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Jiangsu Eastern Shenghong 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.
Does Jiangsu Eastern Shenghong pay dividends monthly?
Jiangsu Eastern Shenghong typically pays dividends on a annually basis.
Does Jiangsu Eastern Shenghong pay dividends quarterly?
Jiangsu Eastern Shenghong currently pays dividends on a annually basis.
Has Jiangsu Eastern Shenghong ever paid a dividend?
Yes, Jiangsu Eastern Shenghong has a history of paying dividends to its shareholders. Jiangsu Eastern Shenghong is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Jiangsu Eastern Shenghong dividend stocks?
To buy Jiangsu Eastern Shenghong you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Jiangsu Eastern Shenghong stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Jiangsu Eastern Shenghong pay dividends 2024?
Jiangsu Eastern Shenghong pays dividends on a annually basis. 2024 dividend payments are in 2024-06-07. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Jiangsu Eastern Shenghong increase its dividend in 2024?
Decisions regarding Jiangsu Eastern Shenghong dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Jiangsu Eastern Shenghong dividend overview you can look into the above table of dividend history.
How Jiangsu Eastern Shenghong dividend works?
The Jiangsu Eastern Shenghong dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Jiangsu Eastern Shenghong's dividend process works:
1. Determination of Dividend: Jiangsu Eastern Shenghong'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 Eastern Shenghong 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 Eastern Shenghong 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 Eastern Shenghong 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.
How are Jiangsu Eastern Shenghong dividends paid?
Jiangsu Eastern Shenghong dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Jiangsu Eastern Shenghong 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 Eastern Shenghong 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 Eastern Shenghong 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.
How many times does Jiangsu Eastern Shenghong pay dividends?
Jiangsu Eastern Shenghong typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Jiangsu Eastern Shenghong pay dividends?
The general pattern is that Jiangsu Eastern Shenghong pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Jiangsu Eastern Shenghong dividend safe?
The safety of Jiangsu Eastern Shenghong's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Jiangsu Eastern Shenghong'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 Eastern Shenghong'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.