Shanghai Karon Eco-Valve Manufacturing Co., Ltd. engages in the research and development, manufacture, and sale of valves, related automatic control systems, and environmental protection equipment in China. The company offers butterfly series, nozzle check, swing flex check, sleeve, resilient-seated gate, resilient-seated eccentric plug, cast-iron stainless steel gate, air, centerlined butterely, diaphragm drain, dual disc check, fixed cone, hydraulic control, flexible strainer, and pre-determined level control valves. Its products have applications in water works, secondary water supply, municipal pipe networks, reservoirs, refuse treatment plants, subways, and other municipal products; and petrochemical, iron and steel, power plant, shipbuilding, papermaking, bio-pharmaceutical, civil construction, and other industrial projects. The company also exports its products to the United States, Germany, the United Kingdom, Australia, South Africa, Brazil, and other countries. The company was formerly known as Shanghai Karon Valves Machinery Co., Ltd and changed its name to Shanghai Karon Eco-Valve Manufacturing Co., Ltd. in September 2020. Shanghai Karon Eco-Valve Manufacturing Co., Ltd. was founded in 1991 and is based in Shanghai, China.
Shanghai Karon Eco-Valve Manufacturing Dividend Announcement
• Shanghai Karon Eco-Valve Manufacturing announced a semi annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-11-28. Ex dividend date: 2024-11-28
• Shanghai Karon Eco-Valve Manufacturing annual dividend for 2024 was ¥0.60
• Shanghai Karon Eco-Valve Manufacturing annual dividend for 2023 was ¥0.20
• Shanghai Karon Eco-Valve Manufacturing's trailing twelve-month (TTM) dividend yield is 3.32%
• Shanghai Karon Eco-Valve Manufacturing's payout ratio for the trailing twelve months (TTM) is 166.95%
Shanghai Karon Eco-Valve Manufacturing Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-28 | ¥0.20 | semi annually | 2024-11-28 |
2024-06-21 | ¥0.40 | semi annually | 2024-06-21 |
2023-06-29 | ¥0.20 | semi annually | 2023-06-29 |
2022-07-06 | ¥0.38 | semi annually | 2022-07-06 |
Shanghai Karon Eco-Valve Manufacturing Dividend per year
Shanghai Karon Eco-Valve Manufacturing Dividend growth
Shanghai Karon Eco-Valve Manufacturing Dividend Yield
Shanghai Karon Eco-Valve Manufacturing current trailing twelve-month (TTM) dividend yield is 3.32%. Interested in purchasing Shanghai Karon Eco-Valve Manufacturing stock? Use our calculator to estimate your expected dividend yield:
Shanghai Karon Eco-Valve Manufacturing Financial Ratios
Shanghai Karon Eco-Valve Manufacturing Dividend FAQ
Other factors to consider when evaluating Shanghai Karon Eco-Valve Manufacturing 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 Karon Eco-Valve Manufacturing'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 Karon Eco-Valve Manufacturing 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 Karon Eco-Valve Manufacturing 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 Karon Eco-Valve Manufacturing 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 Karon Eco-Valve Manufacturing 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 Karon Eco-Valve Manufacturing 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 Karon Eco-Valve Manufacturing 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 Karon Eco-Valve Manufacturing'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 Karon Eco-Valve Manufacturing'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.