Kuangda Technology Group Co., Ltd. engages in the research, development, production, and sale of automotive interior fabrics and seat covers in China. The company offers woven, weft knitted, and warp knitted fabrics; chemical fibers; auto seat covers; and auto seat cushions. It is also involved in the investment, construction, and operation of solar photovoltaic power generation stations in various regions, including Xinjiang, Tonghai, Yunnan, Yulin, Shaanxi, Heze, Shandong, and Xuanhua, Hebei. The company was formerly known as Jiangsu Kuangda Automobile Textile Group Co., Ltd. and changed its name to Kuangda Technology Group Co., Ltd. in August 2015. Kuangda Technology Group Co., Ltd. was founded in 1993 and is headquartered in Changzhou, China.
Kuangda Technology Dividend Announcement
• Kuangda Technology announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-04-22. Ex dividend date: 2024-04-22
• Kuangda Technology annual dividend for 2024 was ¥0.10
• Kuangda Technology annual dividend for 2023 was ¥0.20
• Kuangda Technology's trailing twelve-month (TTM) dividend yield is 1.71%
• Kuangda Technology's payout ratio for the trailing twelve months (TTM) is 258.88%
• Kuangda Technology's dividend growth over the last five years (2018-2023) was -7.79% year
• Kuangda Technology's dividend growth over the last ten years (2013-2023) was 5.24% year
Kuangda Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-22 | ¥0.10 | annually | 2024-04-22 |
2023-05-09 | ¥0.20 | annually | 2023-05-09 |
2022-05-17 | ¥0.05 | annually | 2022-05-17 |
2021-05-20 | ¥0.05 | annually | 2021-05-20 |
2020-05-22 | ¥0.25 | annually | 2020-05-22 |
2019-05-17 | ¥0.25 | annually | 2019-05-17 |
2018-09-26 | ¥0.20 | annually | 2018-09-26 |
2018-05-25 | ¥0.10 | annually | 2018-05-25 |
2017-06-07 | ¥0.02 | annually | 2017-06-07 |
2016-05-27 | ¥0.10 | annually | |
2015-05-15 | ¥0.25 | annually | |
2014-06-12 | ¥0.20 | annually | |
2013-06-14 | ¥0.12 | annually |
Kuangda Technology Dividend per year
Kuangda Technology Dividend growth
Kuangda Technology Dividend Yield
Kuangda Technology current trailing twelve-month (TTM) dividend yield is 1.71%. Interested in purchasing Kuangda Technology stock? Use our calculator to estimate your expected dividend yield:
Kuangda Technology Financial Ratios
Kuangda Technology Dividend FAQ
Other factors to consider when evaluating Kuangda 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: Kuangda 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, Kuangda 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, Kuangda 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 Kuangda 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: Kuangda 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, Kuangda 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: Kuangda 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 Kuangda 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 Kuangda 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.