Ningbo Exciton Technology Co., Ltd. engages in the research and development, manufacture, and marketing of optical films and functional films in China. The company's products primarily include BritNit diffusion, brightness enhancement, reflection, LED, decorative, and protection films. It also provides laminated enhancement films, quantum dot films, laminated silvered reflectors, 3D grating films, and explosion-proof films for multimedia teaching machines. In addition, the company offers photovoltaic film products, such as solar back sheets and ribbon reflective films; surface protection products for applications, such as photoelectricity automobiles, decorative materials, mobile phones, computers, and semiconductor wafer processing; reflective safety products for drivers and pedestrians; mobile phones; and composite films and bags for pharmaceuticals foodstuffs and daily chemical products. The company offers its products for application in new energy fields, including electro-optic display and LED lighting. Ningbo Exciton Technology Co., Ltd. was founded in 2007 and is based in Ningbo, China.
Ningbo Exciton Technology Dividend Announcement
• Ningbo Exciton Technology announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-24
• Ningbo Exciton Technology annual dividend for 2024 was ¥0.15
• Ningbo Exciton Technology annual dividend for 2023 was ¥0.05
• Ningbo Exciton Technology's trailing twelve-month (TTM) dividend yield is 0.86%
• Ningbo Exciton Technology's payout ratio for the trailing twelve months (TTM) is 28.00%
• Ningbo Exciton Technology's dividend growth over the last five years (2018-2023) was -16.74% year
Ningbo Exciton Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-24 | ¥0.15 | annually | 2024-05-24 |
2023-06-16 | ¥0.05 | annually | 2023-06-16 |
2022-06-10 | ¥0.10 | annually | 2022-06-10 |
2021-06-04 | ¥0.10 | annually | 2021-06-04 |
2020-06-23 | ¥0.05 | annually | 2020-06-23 |
2019-06-12 | ¥0.05 | annually | 2019-06-12 |
2018-06-29 | ¥0.12 | annually | 2018-06-29 |
2017-06-23 | ¥0.20 | annually | 2017-06-23 |
Ningbo Exciton Technology Dividend per year
Ningbo Exciton Technology Dividend growth
Ningbo Exciton Technology Dividend Yield
Ningbo Exciton Technology current trailing twelve-month (TTM) dividend yield is 0.86%. Interested in purchasing Ningbo Exciton Technology stock? Use our calculator to estimate your expected dividend yield:
Ningbo Exciton Technology Financial Ratios
Ningbo Exciton Technology Dividend FAQ
Other factors to consider when evaluating Ningbo Exciton 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: Ningbo Exciton 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, Ningbo Exciton 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, Ningbo Exciton 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 Ningbo Exciton 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: Ningbo Exciton 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, Ningbo Exciton 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: Ningbo Exciton 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 Ningbo Exciton 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 Ningbo Exciton 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.