Jinhong Fashion Group Co.,Ltd. engages in the design, production, and sale of women's apparel products. The company offers woven apparel products, which include dresses, pants, jackets, shirts, coats, half skirts, cotton-padded clothes, down coats, and windbreakers; knitwear products, such as sweater coats, and sweater dresses and jackets; and accessories, including bags, jewelry, and scarves. It also provides shoes, hats, and synthetic leather and fur products. The company offers its clothing products and accessories under the V-Grass brand name. It any operates in Taiwan, Hong Kong, Macau, and China. The company was formerly known as V-Grass Fashion Co.,Ltd. and changed its name to Jinhong Fashion Group Co.,Ltd. in June 2019. Jinhong Fashion Group Co.,Ltd. was founded in 2003 and is based in Nanjing, China.
Jinhong Fashion Dividend Announcement
• Jinhong Fashion announced a annually dividend of ¥0.26 per ordinary share which will be made payable on 2024-07-10. Ex dividend date: 2024-07-10
• Jinhong Fashion annual dividend for 2024 was ¥0.26
• Jinhong Fashion annual dividend for 2023 was ¥0.10
• Jinhong Fashion's trailing twelve-month (TTM) dividend yield is 3.06%
• Jinhong Fashion's payout ratio for the trailing twelve months (TTM) is 65.06%
Jinhong Fashion Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-10 | ¥0.26 | annually | 2024-07-10 |
2023-08-24 | ¥0.10 | annually | 2023-08-24 |
2019-05-30 | ¥0.23 | annually | 2019-05-30 |
2018-04-25 | ¥0.16 | annually | 2018-04-25 |
2017-04-26 | ¥0.10 | annually | 2017-04-26 |
2016-06-30 | ¥0.12 | annually | |
2015-05-28 | ¥0.15 | annually |
Jinhong Fashion Dividend per year
Jinhong Fashion Dividend growth
Jinhong Fashion Dividend Yield
Jinhong Fashion current trailing twelve-month (TTM) dividend yield is 3.06%. Interested in purchasing Jinhong Fashion stock? Use our calculator to estimate your expected dividend yield:
Jinhong Fashion Financial Ratios
Jinhong Fashion Dividend FAQ
Other factors to consider when evaluating Jinhong Fashion 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: Jinhong Fashion'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, Jinhong Fashion 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, Jinhong Fashion 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 Jinhong Fashion 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: Jinhong Fashion 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, Jinhong Fashion distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jinhong Fashion 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 Jinhong Fashion'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 Jinhong Fashion'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.