Puyang Huicheng Electronic Material Co., Ltd. engages in the research, production, and trade of acid anhydrides and other functional material intermediates in China. The company's acid anhydride products include tetrahydrophthalic, hexahydrophthalic, methyltrahydrophthalic, methylhexahydrophthalic, nadic, methyl nadic, and other anhydrides. It also offers esters, acids, amines, and other products. The company's products are used in painting and dye, plastic, military and electric power, and electronic information industries, as well as in medicines, pesticides, paints, fuels, petrochemicals, and other materials. It also exports its products to Europe, the United States, and Southeast Asia. The company was formerly known as Puyang Huicheng Chemical Co., Ltd. and changed its name to Puyang Huicheng Electronic Material Co., Ltd. in August 2011. The company was founded in 2002 and is headquartered in Puyang, China.
Puyang Huicheng Electronic Material Dividend Announcement
• Puyang Huicheng Electronic Material announced a annually dividend of ¥0.40 per ordinary share which will be made payable on 2024-05-21. Ex dividend date: 2024-05-21
• Puyang Huicheng Electronic Material annual dividend for 2024 was ¥0.40
• Puyang Huicheng Electronic Material annual dividend for 2023 was ¥0.40
• Puyang Huicheng Electronic Material's trailing twelve-month (TTM) dividend yield is 2.43%
• Puyang Huicheng Electronic Material's payout ratio for the trailing twelve months (TTM) is 133.75%
• Puyang Huicheng Electronic Material's dividend growth over the last five years (2018-2023) was 2.71% year
Puyang Huicheng Electronic Material Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-21 | ¥0.40 | annually | 2024-05-21 |
2023-05-22 | ¥0.40 | annually | 2023-05-22 |
2022-05-16 | ¥0.40 | annually | 2022-05-16 |
2021-04-30 | ¥0.20 | annually | 2021-04-30 |
2020-04-29 | ¥0.20 | annually | 2020-04-29 |
2019-05-30 | ¥0.20 | annually | 2019-05-30 |
2018-05-29 | ¥0.35 | annually | 2018-05-29 |
2017-05-17 | ¥0.12 | annually | 2017-05-17 |
2016-05-17 | ¥0.50 | annually |
Puyang Huicheng Electronic Material Dividend per year
Puyang Huicheng Electronic Material Dividend growth
Puyang Huicheng Electronic Material Dividend Yield
Puyang Huicheng Electronic Material current trailing twelve-month (TTM) dividend yield is 2.43%. Interested in purchasing Puyang Huicheng Electronic Material stock? Use our calculator to estimate your expected dividend yield:
Puyang Huicheng Electronic Material Financial Ratios
Puyang Huicheng Electronic Material Dividend FAQ
Other factors to consider when evaluating Puyang Huicheng Electronic Material 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: Puyang Huicheng Electronic Material'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, Puyang Huicheng Electronic Material 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, Puyang Huicheng Electronic Material 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 Puyang Huicheng Electronic Material 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: Puyang Huicheng Electronic Material 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, Puyang Huicheng Electronic Material distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Puyang Huicheng Electronic Material 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 Puyang Huicheng Electronic Material'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 Puyang Huicheng Electronic Material'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.