Ningbo Shanshan Co.,Ltd. provides lithium battery materials in China and internationally. The company provides lithium-ion battery materials; lithium battery cathode materials, such as lithium cobalt oxide products, multi-material series products, lithium manganese oxide products, and ternary precursors; lithium battery anode material products, including artificial and natural graphite, mesophase carbon microbeads, and composite graphite; silicon-based anode materials; and lithium battery electrolyte products, as well as lithium-ion battery and capacitor packs. It is also involved in the provision of energy management services, such as energy storage and photovoltaic services; construction of charging piles; operation of new energy vehicles; and design, research, and development of energy buses and special-purpose vehicles. In addition, the company engages in the financial leasing and venture capital businesses. The company was incorporated in 1992 and is headquartered in Ningbo, the People's Republic of China.
Ningbo Shanshan Dividend Announcement
• Ningbo Shanshan announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06
• Ningbo Shanshan annual dividend for 2024 was ¥0.20
• Ningbo Shanshan annual dividend for 2023 was ¥0.30
• Ningbo Shanshan's trailing twelve-month (TTM) dividend yield is 2.28%
• Ningbo Shanshan's payout ratio for the trailing twelve months (TTM) is -219.35%
• Ningbo Shanshan's dividend growth over the last five years (2018-2023) was 37.97% year
• Ningbo Shanshan's dividend growth over the last ten years (2013-2023) was 17.46% year
Ningbo Shanshan Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-06 | ¥0.20 | annually | 2024-06-06 |
2023-06-02 | ¥0.30 | annually | 2023-06-02 |
2022-05-25 | ¥0.33 | annually | 2022-05-25 |
2021-06-11 | ¥0.09 | annually | 2021-06-11 |
2020-06-19 | ¥0.17 | annually | 2020-06-19 |
2019-06-19 | ¥0.08 | annually | 2019-06-19 |
2018-06-28 | ¥0.06 | annually | 2018-06-28 |
2017-07-06 | ¥0.08 | annually | 2017-07-06 |
2016-06-20 | ¥0.17 | annually | |
2015-07-03 | ¥0.08 | annually | |
2014-07-10 | ¥0.06 | annually | |
2013-06-18 | ¥0.06 | annually |
Ningbo Shanshan Dividend per year
Ningbo Shanshan Dividend growth
Ningbo Shanshan Dividend Yield
Ningbo Shanshan current trailing twelve-month (TTM) dividend yield is 2.28%. Interested in purchasing Ningbo Shanshan stock? Use our calculator to estimate your expected dividend yield:
Ningbo Shanshan Financial Ratios
Ningbo Shanshan Dividend FAQ
Other factors to consider when evaluating Ningbo Shanshan 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 Shanshan'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 Shanshan 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 Shanshan 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 Shanshan 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 Shanshan 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 Shanshan 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 Shanshan 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 Shanshan'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 Shanshan'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.