Shanghai Carthane Co.,Ltd. researches, develops, manufactures, and sells suspension related PUR products in China. It offers suspension products comprising plastic parts, dust covers, polyurethane buffer bit blocks, lower spring cushions, spring sheaths, recovery buffer stoppers, and spring upper support products; and control products, such as pedal assemblies. The company also provides polyurethanes products, including high-bearing polyurethane rubber tires; polyurethane elastomer products; and elastic wear resistant materials and high-load wheels. It exports its products to North America, Europe, Japan, Korea, etc. The company is based in Shanghai, China.
Shanghai Carthane Dividend Announcement
• Shanghai Carthane announced a annually dividend of ¥0.50 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-28
• Shanghai Carthane annual dividend for 2024 was ¥0.50
• Shanghai Carthane annual dividend for 2023 was ¥0.78
• Shanghai Carthane's trailing twelve-month (TTM) dividend yield is 3.05%
• Shanghai Carthane's payout ratio for the trailing twelve months (TTM) is 131.85%
• Shanghai Carthane's dividend growth over the last five years (2018-2023) was 2.19% year
Shanghai Carthane Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | ¥0.50 | annually | 2024-06-28 |
2023-06-30 | ¥0.78 | annually | 2023-06-30 |
2022-07-13 | ¥0.60 | annually | 2022-07-13 |
2021-07-07 | ¥0.60 | annually | 2021-07-07 |
2020-07-07 | ¥0.55 | annually | 2020-07-07 |
2019-07-05 | ¥0.75 | annually | 2019-07-05 |
2018-07-05 | ¥0.70 | annually | 2018-07-05 |
2017-06-23 | ¥0.70 | annually | 2017-06-23 |
Shanghai Carthane Dividend per year
Shanghai Carthane Dividend growth
Shanghai Carthane Dividend Yield
Shanghai Carthane current trailing twelve-month (TTM) dividend yield is 3.05%. Interested in purchasing Shanghai Carthane stock? Use our calculator to estimate your expected dividend yield:
Shanghai Carthane Financial Ratios
Shanghai Carthane Dividend FAQ
Other factors to consider when evaluating Shanghai Carthane 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: Shanghai Carthane'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, Shanghai Carthane 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, Shanghai Carthane 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 Shanghai Carthane 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: Shanghai Carthane 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, Shanghai Carthane distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shanghai Carthane 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 Shanghai Carthane'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 Shanghai Carthane'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.