Kangda New Materials (Group) Co., Ltd. engages in the research and development, manufacture, and sale of adhesives and sealants in the People's Republic of China. It offers acrylate adhesive, organic silica gel, epoxy resin adhesive, modified acrylate adhesive, polyurethane adhesive, PUR hot melt adhesive, SBS adhesive, etc. The company's products are primarily used in wind turbine blade manufacturing, soft material composite packaging, rail transit, and ship engineering, as well as automotive, electronic appliances, construction, machinery and equipment and industrial maintenance, and other fields. In addition, it provides technical support and after-sale services. The company was formerly known as Shanghai Kangda New Materials Group Co., Ltd. and changed its name to Kangda New Materials (Group) Co., Ltd. in July 2021. Kangda New Materials (Group) Co., Ltd. was founded in 1988 and is based in Shanghai, the People's Republic of China.
Kangda New Materials Dividend Announcement
• Kangda New Materials announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-29
• Kangda New Materials annual dividend for 2024 was ¥0.07
• Kangda New Materials's trailing twelve-month (TTM) dividend yield is 0.66%
• Kangda New Materials's payout ratio for the trailing twelve months (TTM) is -86.02%
Kangda New Materials Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-29 | ¥0.07 | annually | 2024-05-29 |
2021-05-17 | ¥0.20 | annually | 2021-05-17 |
2020-06-12 | ¥0.08 | annually | 2020-06-12 |
2019-05-21 | ¥0.08 | annually | 2019-05-21 |
2018-05-24 | ¥0.04 | annually | 2018-05-24 |
2017-05-23 | ¥0.07 | annually | 2017-05-23 |
2016-06-21 | ¥0.11 | annually | |
2015-05-05 | ¥0.07 | annually | |
2014-05-19 | ¥0.24 | annually | |
2013-05-24 | ¥0.31 | annually |
Kangda New Materials Dividend per year
Kangda New Materials Dividend growth
Kangda New Materials Dividend Yield
Kangda New Materials current trailing twelve-month (TTM) dividend yield is 0.66%. Interested in purchasing Kangda New Materials stock? Use our calculator to estimate your expected dividend yield:
Kangda New Materials Financial Ratios
Kangda New Materials Dividend FAQ
Other factors to consider when evaluating Kangda New Materials 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: Kangda New Materials'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, Kangda New Materials 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, Kangda New Materials 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 Kangda New Materials 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: Kangda New Materials 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, Kangda New Materials distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kangda New Materials 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 Kangda New Materials'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 Kangda New Materials'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.