Qingdao Gaoce Technology Co., Ltd researches, develops, manufactures, and sells cutting equipment for hard and brittle materials, and cutting tools in China. It offers wire cutting equipment and tools, including grinding polishing and chamfering machines, silicon wafering machines, full-automatic diamond wire multi-silicon squaring machines, mono-silicon cutting machines, polysilicon croppers, multi-silicon brick cutting machines, single mono-silicon rod squaring machines, silicon waering diamond wires, and sapphire wafering diamond wires. The company also provides tire testing machines, such as tire section cutting machines, durability testing machines for construction machinery tire, industrial vehicle tire endurance performance testing machines, high-speed and endurance performance testing equipment for passenger car tire, high-speed endurance testing machines for motorcycle tire, agricultural tire endurance performance testing machines, and tire rolling resistance testing machines. Its products are used on hardness and britle materials, such as photovoltaic silicon materials, semiconductor silicon materials, sapphire materials, magnetic materials, and other hard and britle materials processing fields. The company was founded in 2006 and is based in Qingdao, China.
Qingdao Gaoce Technology Dividend Announcement
• Qingdao Gaoce Technology announced a semi annually dividend of ¥0.38 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-10-11
• Qingdao Gaoce Technology annual dividend for 2024 was ¥0.66
• Qingdao Gaoce Technology annual dividend for 2023 was ¥1.49
• Qingdao Gaoce Technology 's trailing twelve-month (TTM) dividend yield is 12.48%
• Qingdao Gaoce Technology 's payout ratio for the trailing twelve months (TTM) is 99.95%
Qingdao Gaoce Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-11 | ¥0.38 | semi annually | 2024-10-11 |
2024-05-08 | ¥0.28 | semi annually | 2024-05-08 |
2023-11-27 | ¥1.00 | semi annually | 2023-11-27 |
2023-05-12 | ¥0.49 | semi annually | 2023-05-12 |
2022-06-06 | ¥0.25 | semi annually | 2022-06-06 |
2021-06-02 | ¥0.11 | semi annually | 2021-06-02 |
Qingdao Gaoce Technology Dividend per year
Qingdao Gaoce Technology Dividend growth
Qingdao Gaoce Technology Dividend Yield
Qingdao Gaoce Technology current trailing twelve-month (TTM) dividend yield is 12.48%. Interested in purchasing Qingdao Gaoce Technology stock? Use our calculator to estimate your expected dividend yield:
Qingdao Gaoce Technology Financial Ratios
Qingdao Gaoce Technology Dividend FAQ
Other factors to consider when evaluating Qingdao Gaoce 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: Qingdao Gaoce 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, Qingdao Gaoce 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, Qingdao Gaoce 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 Qingdao Gaoce 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: Qingdao Gaoce 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, Qingdao Gaoce 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: Qingdao Gaoce 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 Qingdao Gaoce 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 Qingdao Gaoce 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.