Jinduicheng Molybdenum Co., Ltd. produces and sells molybdenum products worldwide. It offers molybdenum furnace products, including roasted molybdenum concentrate and concentrate blocks, molybdenum iron, and ferro molybdenum; and molybdenum chemical products, such as sodium molybdate, ammonium molybdate, pure molybdenum disulfide and oxide, and ammonium octamolybdate and heptamolybdate, as well as molybdenum trioxide. In addition, it offers sulfur concentrate, sulfuric acid, and ferric sulfate powder; and molybdenum metals, such as molybdenum powder, thin plate, stirrer, components, electrodes, rods, plasma spherical molybdenum powder, spherical molybdenum powder, rotary molybdenum target, high temperature moly stand, and welded molybdenum round target products. Its products are used in the areas of steel smelting, petrochemical, aerospace, power electronics, spraying industries. The company was founded in 2007 and is headquartered in Xi'an, China. Jinduicheng Molybdenum Co., Ltd. is a subsidiary of Jinduicheng Molybdenum Group Co., Ltd.
Jinduicheng Molybdenum Dividend Announcement
• Jinduicheng Molybdenum announced a annually dividend of ¥0.40 per ordinary share which will be made payable on 2024-07-02. Ex dividend date: 2024-07-02
• Jinduicheng Molybdenum annual dividend for 2024 was ¥0.40
• Jinduicheng Molybdenum annual dividend for 2023 was ¥0.30
• Jinduicheng Molybdenum's trailing twelve-month (TTM) dividend yield is 3.57%
• Jinduicheng Molybdenum's payout ratio for the trailing twelve months (TTM) is 65.91%
• Jinduicheng Molybdenum's dividend growth over the last five years (2018-2023) was 49.63% year
Jinduicheng Molybdenum Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-02 | ¥0.40 | annually | 2024-07-02 |
2023-07-07 | ¥0.30 | annually | 2023-07-07 |
2022-06-24 | ¥0.10 | annually | 2022-06-24 |
2021-06-25 | ¥0.25 | annually | 2021-06-25 |
2020-07-03 | ¥0.30 | annually | 2020-07-03 |
2019-10-31 | ¥0.04 | annually | 2019-10-31 |
2019-07-03 | ¥0.10 | annually | 2019-07-03 |
2018-07-04 | ¥0.04 | annually | 2018-07-04 |
2015-05-18 | ¥0.04 | annually | |
2014-05-19 | ¥0.04 | annually | |
2013-05-28 | ¥0.16 | annually | |
2012-05-28 | ¥0.20 | annually | |
2011-06-13 | ¥0.25 | annually |
Jinduicheng Molybdenum Dividend per year
Jinduicheng Molybdenum Dividend growth
Jinduicheng Molybdenum Dividend Yield
Jinduicheng Molybdenum current trailing twelve-month (TTM) dividend yield is 3.57%. Interested in purchasing Jinduicheng Molybdenum stock? Use our calculator to estimate your expected dividend yield:
Jinduicheng Molybdenum Financial Ratios
Jinduicheng Molybdenum Dividend FAQ
Other factors to consider when evaluating Jinduicheng Molybdenum 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: Jinduicheng Molybdenum'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, Jinduicheng Molybdenum 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, Jinduicheng Molybdenum 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 Jinduicheng Molybdenum 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: Jinduicheng Molybdenum 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, Jinduicheng Molybdenum distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jinduicheng Molybdenum 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 Jinduicheng Molybdenum'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 Jinduicheng Molybdenum'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.