Qingdao Richen Foods Co., Ltd. engages in the research and development, production, and sale of compound seasonings for food processing and catering companies in China. It offers liquid and powder seasonings, sauces, powder coatings, paste coatings, and other products. The company's products are used in various types of barbecue, fried food, and prepared food production. It provides services to the catering market, as well as a range of product solutions for various supermarkets and catering chain enterprises under the Taste Story brand; and export food processing companies of poultry products, aquatic products, vegetable products, etc. The company exports its products primarily to Asia, Europe, and the United States. Qingdao Richen Foods Co., Ltd. was founded in 2001 and is based in Qingdao, China. Qingdao Richen Foods Co., Ltd. is a subsidiary of Qingdao Boya Investment Holding Co., Ltd.
Qingdao Richen Foods Dividend Announcement
• Qingdao Richen Foods announced a semi annually dividend of ¥0.25 per ordinary share which will be made payable on 2023-11-20. Ex dividend date: 2023-11-20 • Qingdao Richen Foods annual dividend for 2023 was ¥0.45 • Qingdao Richen Foods's trailing twelve-month (TTM) dividend yield is 0.99% • Qingdao Richen Foods's payout ratio for the trailing twelve months (TTM) is 40.97%
Qingdao Richen Foods current trailing twelve-month (TTM) dividend yield is 0.99%. Interested in purchasing Qingdao Richen Foods stock? Use our calculator to estimate your expected dividend yield:
Qingdao Richen Foods Financial Ratios
P/E ratio35.29
PEG ratio0.94
P/B ratio3.40
ROE9.77%
Payout ratio40.97%
Current ratio1.57
Quick ratio1.41
Cash Ratio0.39
Qingdao Richen Foods Dividend FAQ
How much is the next Qingdao Richen Foods dividend?
Qingdao Richen Foods's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Qingdao Richen Foods dividend. The next Qingdao Richen Foods dividend will be released in June.
When is Qingdao Richen Foods dividend paid?
Qingdao Richen Foods pays dividends on a semi 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 Qingdao Richen Foods pay?
The specific amount of Qingdao Richen Foods 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 Qingdao Richen Foods's dividend history.
Does Qingdao Richen Foods stock pay dividends?
Yes, Qingdao Richen Foods 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 Qingdao Richen Foods's dividend history.
How much dividend does Qingdao Richen Foods pay?
Qingdao Richen Foods paid ¥0.0 in 2024, ¥0.45 in 2023, ¥0.3 in 2022, ¥0.3 in 2021, and ¥0.0 in 2020.
How often does Qingdao Richen Foods pay dividends?
Qingdao Richen Foods typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June.
What is Qingdao Richen Foods's dividend yield?
The current dividend yield for Qingdao Richen Foods is 0.99%. 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 Qingdao Richen Foods's exact dividend yield.
When does Qingdao Richen Foods go ex dividend?
Qingdao Richen Foods's ex-dividend date for the latest dividend was on 2023-11-20. Qingdao Richen Foods 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 Qingdao Richen Foods dividend paid?
Qingdao Richen Foods pays dividends on a semi annually basis, typically around June, but the exact dates can vary each year.
Will Qingdao Richen Foods 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 Qingdao Richen Foods 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 Qingdao Richen Foods dividend per share?
Qingdao Richen Foods paid ¥0.0 per share in 2024 and ¥0.45 per share in 2023. The amount of dividend per share that Qingdao Richen Foods 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 Qingdao Richen Foods 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 Qingdao Richen Foods 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 Qingdao Richen Foods a dividend stock?
Yes, Qingdao Richen Foods is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Qingdao Richen Foods a good dividend stock?
Whether Qingdao Richen Foods is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Qingdao Richen Foods has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Qingdao Richen Foods 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 Qingdao Richen Foods pay dividends monthly?
Qingdao Richen Foods typically pays dividends on a semi annually basis.
Does Qingdao Richen Foods pay dividends quarterly?
Qingdao Richen Foods currently pays dividends on a semi annually basis.
Has Qingdao Richen Foods ever paid a dividend?
Yes, Qingdao Richen Foods has a history of paying dividends to its shareholders. Qingdao Richen Foods is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Qingdao Richen Foods dividend stocks?
To buy Qingdao Richen Foods 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 Qingdao Richen Foods 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 Qingdao Richen Foods pay dividends 2024?
Qingdao Richen Foods pays dividends on a semi annually basis. 2024 dividend payments are in 2023-11-20. 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 Qingdao Richen Foods increase its dividend in 2024?
Decisions regarding Qingdao Richen Foods 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 Qingdao Richen Foods dividend overview you can look into the above table of dividend history.
How Qingdao Richen Foods dividend works?
The Qingdao Richen Foods 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 Qingdao Richen Foods's dividend process works:
1. Determination of Dividend: Qingdao Richen Foods'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 Richen Foods 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 Richen Foods 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 Richen Foods 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 Qingdao Richen Foods dividends paid?
Qingdao Richen Foods dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Qingdao Richen Foods 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 Richen Foods 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 Richen Foods 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 Qingdao Richen Foods pay dividends?
Qingdao Richen Foods typically pays dividends on a semi 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 Qingdao Richen Foods pay dividends?
The general pattern is that Qingdao Richen Foods 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 Qingdao Richen Foods dividend safe?
The safety of Qingdao Richen Foods'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 Qingdao Richen Foods'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 Richen Foods'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.