Qifeng New Material Co., Ltd. manufactures and sells decorative base papers, overlay papers, non-woven wall base papers, and flicker overlay papers in China. It also exports its products to approximately 30 countries and regions. The company was formerly known as Shandong Qifeng Special Paper Co., Ltd. and changed its name to Qifeng New Material Co., Ltd. in September 2013. Qifeng New Material Co., Ltd. was founded in 1976 and is based in Zibo, China.
Qifeng New Material Dividend Announcement
• Qifeng New Material announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-05-17. Ex dividend date: 2024-05-17 • Qifeng New Material annual dividend for 2024 was ¥0.20 • Qifeng New Material annual dividend for 2023 was ¥0.10 • Qifeng New Material's trailing twelve-month (TTM) dividend yield is 2.13% • Qifeng New Material's payout ratio for the trailing twelve months (TTM) is 65.59% • Qifeng New Material's dividend growth over the last five years (2018-2023) was -12.94% year • Qifeng New Material's dividend growth over the last ten years (2013-2023) was -10.40% year
Qifeng New Material current trailing twelve-month (TTM) dividend yield is 2.13%. Interested in purchasing Qifeng New Material stock? Use our calculator to estimate your expected dividend yield:
Qifeng New Material Financial Ratios
P/E ratio25.03
PEG ratio-0.91
P/B ratio1.24
ROE4.96%
Payout ratio65.59%
Current ratio2.02
Quick ratio1.62
Cash Ratio0.35
Qifeng New Material Dividend FAQ
How much is the next Qifeng New Material dividend?
Qifeng New Material's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Qifeng New Material dividend. The next Qifeng New Material dividend will be released in June.
When is Qifeng New Material dividend paid?
Qifeng New Material pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Qifeng New Material pay?
The specific amount of Qifeng New Material dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Qifeng New Material's dividend history.
Does Qifeng New Material stock pay dividends?
Yes, Qifeng New Material does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Qifeng New Material's dividend history.
How much dividend does Qifeng New Material pay?
Qifeng New Material paid ¥0.2 in 2024, ¥0.1 in 2023, ¥0.1 in 2022, ¥0.1 in 2021, and ¥0.1 in 2020.
How often does Qifeng New Material pay dividends?
Qifeng New Material typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Qifeng New Material's dividend yield?
The current dividend yield for Qifeng New Material is 2.13%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Qifeng New Material's exact dividend yield.
When does Qifeng New Material go ex dividend?
Qifeng New Material's ex-dividend date for the latest dividend was on 2024-05-17. Qifeng New Material typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Qifeng New Material dividend paid?
Qifeng New Material pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Qifeng New Material increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Qifeng New Material will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Qifeng New Material dividend per share?
Qifeng New Material paid ¥0.2 per share in 2024 and ¥0.1 per share in 2023. The amount of dividend per share that Qifeng New Material pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Qifeng New Material a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Qifeng New Material a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Qifeng New Material a dividend stock?
Yes, Qifeng New Material is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Qifeng New Material a good dividend stock?
Whether Qifeng New Material is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Qifeng New Material has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Qifeng New 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.
Does Qifeng New Material pay dividends monthly?
Qifeng New Material typically pays dividends on a annually basis.
Does Qifeng New Material pay dividends quarterly?
Qifeng New Material currently pays dividends on a annually basis.
Has Qifeng New Material ever paid a dividend?
Yes, Qifeng New Material has a history of paying dividends to its shareholders. Qifeng New Material is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Qifeng New Material dividend stocks?
To buy Qifeng New Material you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Qifeng New Material 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.
When does Qifeng New Material pay dividends 2024?
Qifeng New Material pays dividends on a annually basis. 2024 dividend payments are in 2024-05-17. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Qifeng New Material increase its dividend in 2024?
Decisions regarding Qifeng New Material dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Qifeng New Material dividend overview you can look into the above table of dividend history.
How Qifeng New Material dividend works?
The Qifeng New Material dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Qifeng New Material's dividend process works:
1. Determination of Dividend: Qifeng New 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, Qifeng New 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, Qifeng New 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 Qifeng New 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.
How are Qifeng New Material dividends paid?
Qifeng New Material dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Qifeng New 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, Qifeng New 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: Qifeng New 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.
How many times does Qifeng New Material pay dividends?
Qifeng New Material typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Qifeng New Material pay dividends?
The general pattern is that Qifeng New Material pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Qifeng New Material dividend safe?
The safety of Qifeng New Material's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Qifeng New 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 Qifeng New 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.