Mudanjiang Hengfeng Paper Co.,Ltd manufactures and sells cigarette-related papers in China and internationally. Its products include cigarette paper, rolling paper, filter paper, tipping and base paper, inner line paper, thin printing paper, heat transfer paper, pharmaceutical instruction paper, straw wrapping paper, toothpick wrapping paper, machine glazed paper, food wrapping paper, oil absorbing paper, medical absorbing base paper, melamine paper, straw paper, and decorative base paper. The company was founded in 1952 and is based in Mudanjiang, the People's Republic of China. Mudanjiang Hengfeng Paper Co.,Ltd is a subsidiary of Mudanjiang Hengfeng Paper Industry Group Co., Ltd.
Mudanjiang Hengfeng Paper Dividend Announcement
• Mudanjiang Hengfeng Paper announced a annually dividend of ¥0.14 per ordinary share which will be made payable on 2024-05-22. Ex dividend date: 2024-05-22
• Mudanjiang Hengfeng Paper annual dividend for 2024 was ¥0.14
• Mudanjiang Hengfeng Paper annual dividend for 2023 was ¥0.13
• Mudanjiang Hengfeng Paper's trailing twelve-month (TTM) dividend yield is 1.65%
• Mudanjiang Hengfeng Paper's payout ratio for the trailing twelve months (TTM) is 22.71%
• Mudanjiang Hengfeng Paper's dividend growth over the last five years (2018-2023) was 5.57% year
• Mudanjiang Hengfeng Paper's dividend growth over the last ten years (2013-2023) was 0.96% year
Mudanjiang Hengfeng Paper Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-22 | ¥0.14 | annually | 2024-05-22 |
2023-05-23 | ¥0.13 | annually | 2023-05-23 |
2022-06-24 | ¥0.10 | annually | 2022-06-24 |
2021-06-28 | ¥0.13 | annually | 2021-06-28 |
2020-06-19 | ¥0.09 | annually | 2020-06-19 |
2019-07-10 | ¥0.07 | annually | 2019-07-10 |
2018-07-18 | ¥0.10 | annually | 2018-07-18 |
2017-05-26 | ¥0.10 | annually | 2017-05-26 |
2016-06-03 | ¥0.09 | annually | |
2015-07-17 | ¥0.08 | annually | |
2014-07-18 | ¥0.09 | annually | |
2013-05-27 | ¥0.12 | annually |
Mudanjiang Hengfeng Paper Dividend per year
Mudanjiang Hengfeng Paper Dividend growth
Mudanjiang Hengfeng Paper Dividend Yield
Mudanjiang Hengfeng Paper current trailing twelve-month (TTM) dividend yield is 1.65%. Interested in purchasing Mudanjiang Hengfeng Paper stock? Use our calculator to estimate your expected dividend yield:
Mudanjiang Hengfeng Paper Financial Ratios
Mudanjiang Hengfeng Paper Dividend FAQ
Other factors to consider when evaluating Mudanjiang Hengfeng Paper 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.
Place an order: Use the brokerage's trading platform to place an order to buy Mudanjiang Hengfeng Paper stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Mudanjiang Hengfeng Paper'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, Mudanjiang Hengfeng Paper 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, Mudanjiang Hengfeng Paper 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 Mudanjiang Hengfeng Paper 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: Mudanjiang Hengfeng Paper 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, Mudanjiang Hengfeng Paper distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mudanjiang Hengfeng Paper 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 Mudanjiang Hengfeng Paper'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 Mudanjiang Hengfeng Paper'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.