Nanjing Baose Co., Ltd. engages in the research and development, design, manufacture, and installation of special material pressure vessels and pipe fittings of titanium, zirconium, nickel, and stainless steel primarily in China. The company offers non-standard pressure vessel equipment, such as high-grade stainless steel and metal composite materials, and non-ferrous metal welded pressure pipes and fittings. Its products primarily include large refined terephthalic acid, methyl methacrylate, coal chemical, acetic acid, coal power, and other complete sets of equipment; and large hull parts, marine pressure vessels, deep submersibles and attachments, and pipes and fittings for various special purposes. The company's products are used in petroleum, chemical, metallurgy, environmental protection, nuclear power, military industry, and marine engineering and other fields. It exports its products to the United States, Canada, Brazil, Germany, France, Britain, Egypt, South Africa, Singapore, Australia, and internationally. The company was formerly known as Nanjing Baose Titanium Industry Co., Ltd and changed its name to Nanjing Baose Co., Ltd. The company was founded in 1994 and is based in Nanjing, China. Nanjing Baose Co., Ltd. is a subsidiary of Baotai Group Co., Ltd.
Nanjing Baose Dividend Announcement
• Nanjing Baose announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-06-19. Ex dividend date: 2024-06-19
• Nanjing Baose annual dividend for 2024 was ¥0.10
• Nanjing Baose annual dividend for 2023 was ¥0.15
• Nanjing Baose's trailing twelve-month (TTM) dividend yield is 0.64%
• Nanjing Baose's payout ratio for the trailing twelve months (TTM) is 49.67%
• Nanjing Baose's dividend growth over the last five years (2018-2023) was 68.63% year
Nanjing Baose Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-19 | ¥0.10 | annually | 2024-06-19 |
2023-06-13 | ¥0.15 | annually | 2023-06-13 |
2022-07-21 | ¥0.10 | annually | 2022-07-21 |
2021-08-05 | ¥0.50 | annually | 2021-08-05 |
2020-07-10 | ¥0.03 | annually | 2020-07-10 |
2019-07-05 | ¥0.03 | annually | 2019-07-05 |
2018-06-21 | ¥0.01 | annually | 2018-06-21 |
2016-06-30 | ¥0.01 | annually | |
2015-06-26 | ¥0.04 | annually |
Nanjing Baose Dividend per year
Nanjing Baose Dividend growth
Nanjing Baose Dividend Yield
Nanjing Baose current trailing twelve-month (TTM) dividend yield is 0.64%. Interested in purchasing Nanjing Baose stock? Use our calculator to estimate your expected dividend yield:
Nanjing Baose Financial Ratios
Nanjing Baose Dividend FAQ
Other factors to consider when evaluating Nanjing Baose 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: Nanjing Baose'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, Nanjing Baose 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, Nanjing Baose 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 Nanjing Baose 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: Nanjing Baose 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, Nanjing Baose distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nanjing Baose 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 Nanjing Baose'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 Nanjing Baose'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.