Kaishan Group Co., Ltd. manufactures and sells air compressors. The company offers stationary and portable air compressors, blowers, screw and reciprocating gas compressors, and screw compressor systems. It also provides refrigeration systems, screw vapor compressors, centrifugal compressors, pressure vessels, and foundry parts. In addition, the company offers industry waste pressure power generation, industry waste heat power generation, geothermal power generation, and biomass power generation equipment. It sells its products through approximately 2,000 sales outlets in China. The company also exports its products to approximately 60 countries, including the United States, Germany, Japan, Korea, and Russia. The company was formerly known as Zhejiang Kaishan Compressor Co., Ltd. The company was founded in 2002 and is based in Quzhou, China. Kaishan Group Co., Ltd. is a subsidiary of Kaishan Holding Group Co., Ltd.
Kaishan Dividend Announcement
• Kaishan announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-07-10. Ex dividend date: 2024-07-10
• Kaishan annual dividend for 2024 was ¥0.10
• Kaishan annual dividend for 2023 was ¥0.10
• Kaishan's trailing twelve-month (TTM) dividend yield is 1.07%
• Kaishan's payout ratio for the trailing twelve months (TTM) is 133.85%
Kaishan Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-10 | ¥0.10 | annually | 2024-07-10 |
2023-07-07 | ¥0.10 | annually | 2023-07-07 |
2021-05-19 | ¥0.03 | annually | 2021-05-19 |
2019-05-30 | ¥0.10 | annually | 2019-05-30 |
2018-06-14 | ¥0.10 | annually | 2018-06-14 |
2017-05-24 | ¥0.15 | annually | 2017-05-24 |
2015-06-02 | ¥0.50 | annually | |
2014-07-15 | ¥0.35 | annually | |
2013-06-07 | ¥0.75 | annually | |
2012-06-19 | ¥1.00 | annually |
Kaishan Dividend per year
Kaishan Dividend growth
Kaishan Dividend Yield
Kaishan current trailing twelve-month (TTM) dividend yield is 1.07%. Interested in purchasing Kaishan stock? Use our calculator to estimate your expected dividend yield:
Kaishan Financial Ratios
Kaishan Dividend FAQ
Other factors to consider when evaluating Kaishan 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: Kaishan'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, Kaishan 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, Kaishan 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 Kaishan 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: Kaishan 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, Kaishan distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kaishan 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 Kaishan'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 Kaishan'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.