Jiangsu Jujie Microfiber Technology Group Co., Ltd. engages in the research and development, production, and sale of microfiber fabrics, clothing, and textile products in China. The company offers microfiber finished products, microfiber imitation leather fabrics, microfiber functional fabrics, home textile products, including bath towels, bathrobes, sofa covers, and other household textiles; sports series products, such as sports towels, sportswear, and auxiliary equipment; and superfine fiber imitation leather fabrics used in fashion, home furnishing, automotive interiors, electronic products, shoe materials, and other fields. It also provides microfiber dust-free cleaning products used in the cleaning and wiping of LED liquid crystal, polarizer and other optical films, coated optical lenses, camera lenses, semiconductors, integrated circuits, precision components, and coating equipment, including various types of wiping cloths, wipe papers, and clean roll cloths. The company also exports its products to Europe, North America, Southeast Asia, and other countries. Jiangsu Jujie Microfiber Technology Group Co., Ltd. was founded in 1994 and is headquartered in Suzhou, China.
Jiangsu Jujie Microfiber Technology Dividend Announcement
• Jiangsu Jujie Microfiber Technology announced a annually dividend of ¥0.30 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06
• Jiangsu Jujie Microfiber Technology annual dividend for 2024 was ¥0.30
• Jiangsu Jujie Microfiber Technology annual dividend for 2023 was ¥0.20
• Jiangsu Jujie Microfiber Technology's trailing twelve-month (TTM) dividend yield is 2.42%
• Jiangsu Jujie Microfiber Technology's payout ratio for the trailing twelve months (TTM) is 77.65%
Jiangsu Jujie Microfiber Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-06 | ¥0.30 | annually | 2024-06-06 |
2023-06-01 | ¥0.20 | annually | 2023-06-01 |
2022-06-09 | ¥0.45 | annually | 2022-06-09 |
2021-05-27 | ¥0.30 | annually | 2021-05-27 |
Jiangsu Jujie Microfiber Technology Dividend per year
Jiangsu Jujie Microfiber Technology Dividend growth
Jiangsu Jujie Microfiber Technology Dividend Yield
Jiangsu Jujie Microfiber Technology current trailing twelve-month (TTM) dividend yield is 2.42%. Interested in purchasing Jiangsu Jujie Microfiber Technology stock? Use our calculator to estimate your expected dividend yield:
Jiangsu Jujie Microfiber Technology Financial Ratios
Jiangsu Jujie Microfiber Technology Dividend FAQ
Other factors to consider when evaluating Jiangsu Jujie Microfiber 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: Jiangsu Jujie Microfiber 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, Jiangsu Jujie Microfiber 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, Jiangsu Jujie Microfiber 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 Jiangsu Jujie Microfiber 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: Jiangsu Jujie Microfiber 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, Jiangsu Jujie Microfiber 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: Jiangsu Jujie Microfiber 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 Jiangsu Jujie Microfiber 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 Jiangsu Jujie Microfiber 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.