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Red Avenue New Materials Group Co., Ltd. manufactures and sells chemical materials in China and internationally. The company offers tackifying resins, phenol-formaldehyde reinforcing products, adhesion promoter resins, bonding agents, curing resins, and additives. It also distributes various chemical products. The company was founded in 1999 and is based in Shanghai, China.

Red Avenue New Materials Dividend Announcement

Red Avenue New Materials announced a semi annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-10-16. Ex dividend date: 2024-10-16
Red Avenue New Materials annual dividend for 2024 was ¥0.84
Red Avenue New Materials annual dividend for 2023 was ¥0.08
Red Avenue New Materials's trailing twelve-month (TTM) dividend yield is 2.42%
Red Avenue New Materials's payout ratio for the trailing twelve months (TTM) is 94.13%

Red Avenue New Materials Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-16¥0.25semi annually2024-10-16
2024-06-05¥0.59semi annually2024-06-05
2023-06-05¥0.08semi annually2023-06-05
2022-07-04¥0.09semi annually2022-07-04
2021-06-08¥0.34semi annually2021-06-08
2020-06-12¥0.33semi annually2020-06-12
2019-07-09¥0.34semi annually2019-07-09

Red Avenue New Materials Dividend per year

Red Avenue New Materials Dividend growth

Red Avenue New Materials Dividend Yield

Red Avenue New Materials current trailing twelve-month (TTM) dividend yield is 2.42%. Interested in purchasing Red Avenue New Materials stock? Use our calculator to estimate your expected dividend yield:

Red Avenue New Materials Financial Ratios

P/E ratio43.34
PEG ratio0.84
P/B ratio6.41
ROE14.74%
Payout ratio94.13%
Current ratio1.29
Quick ratio1.10
Cash Ratio0.50

Red Avenue New Materials Dividend FAQ

How much is the next Red Avenue New Materials dividend?
Red Avenue New Materials's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Red Avenue New Materials dividend. The next Red Avenue New Materials dividend will be released in June.
When is Red Avenue New Materials dividend paid?
Red Avenue New Materials 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 Red Avenue New Materials pay?
The specific amount of Red Avenue New Materials 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 Red Avenue New Materials's dividend history.
Does Red Avenue New Materials stock pay dividends?
Yes, Red Avenue New Materials 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 Red Avenue New Materials's dividend history.
How much dividend does Red Avenue New Materials pay?
Red Avenue New Materials paid ¥0.84 in 2024, ¥0.08 in 2023, ¥0.09 in 2022, ¥0.34 in 2021, and ¥0.33 in 2020.
How often does Red Avenue New Materials pay dividends?
Red Avenue New Materials 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 Red Avenue New Materials's dividend yield?
The current dividend yield for Red Avenue New Materials is 2.42%. 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 Red Avenue New Materials's exact dividend yield.
When does Red Avenue New Materials go ex dividend?
Red Avenue New Materials's ex-dividend date for the latest dividend was on 2024-10-16. Red Avenue New Materials 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 Red Avenue New Materials dividend paid?
Red Avenue New Materials pays dividends on a semi annually basis, typically around June, but the exact dates can vary each year.
Will Red Avenue New Materials 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 Red Avenue New Materials 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 Red Avenue New Materials dividend per share?
Red Avenue New Materials paid ¥0.84 per share in 2024 and ¥0.08 per share in 2023. The amount of dividend per share that Red Avenue New Materials 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 Red Avenue New Materials 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 Red Avenue New Materials 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 Red Avenue New Materials a dividend stock?
Yes, Red Avenue New Materials is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Red Avenue New Materials a good dividend stock?
Whether Red Avenue New Materials is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Red Avenue New Materials has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Red Avenue New Materials 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 Red Avenue New Materials pay dividends monthly?
Red Avenue New Materials typically pays dividends on a semi annually basis.
Does Red Avenue New Materials pay dividends quarterly?
Red Avenue New Materials currently pays dividends on a semi annually basis.
Has Red Avenue New Materials ever paid a dividend?
Yes, Red Avenue New Materials has a history of paying dividends to its shareholders. Red Avenue New Materials is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Red Avenue New Materials dividend stocks?
To buy Red Avenue New Materials 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 Red Avenue New Materials 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 Red Avenue New Materials pay dividends 2024?
Red Avenue New Materials pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-16. 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 Red Avenue New Materials increase its dividend in 2024?
Decisions regarding Red Avenue New Materials 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 Red Avenue New Materials dividend overview you can look into the above table of dividend history.
How Red Avenue New Materials dividend works?
The Red Avenue New Materials 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 Red Avenue New Materials's dividend process works:

1. Determination of Dividend: Red Avenue New Materials'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, Red Avenue New Materials 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, Red Avenue New Materials 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 Red Avenue New Materials 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 Red Avenue New Materials dividends paid?
Red Avenue New Materials dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Red Avenue New Materials 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, Red Avenue New Materials distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Red Avenue New Materials 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 Red Avenue New Materials pay dividends?
Red Avenue New Materials 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 Red Avenue New Materials pay dividends?
The general pattern is that Red Avenue New Materials 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 Red Avenue New Materials dividend safe?
The safety of Red Avenue New Materials'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 Red Avenue New Materials'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 Red Avenue New Materials'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.