Shanghai Kinlita Chemical Co., Ltd. researches, produces, sells, and services industrial coatings. The company offers automobile coatings, such as vehicle body and primer-topcoat in one electrophoretic coatings, automobile parts electrophoretic coatings, solvent type and water-based vehicle body finishing paints, automobile internal and external ornaments paints, and wheel hub coatings. It also provides agricultural machine coatings, including grey machine body and primer-topcoat in one electrophoretic coatings; and light industry coatings comprising common light industry, colorful light industry, and plumbing equipment white electrophoretic coatings. In addition, the company offers motorcycle coatings, which include common vehicle frame and high weather resistance vehicle frame electrophoretic coatings; and ceramics coatings, such as cooker, home appliance, and curtain wall ceramics coatings. Further, it provides construction machinery, railway locomotive, industrial corrosion resistance, and bus and mini bus coatings; and color plate coatings, including polyester, acrylic, epoxy, and water-based systems, as well as PVDF fluorocarbon coatings. Shanghai Kinlita Chemical Co., Ltd. was founded in 1993 and is based in Shanghai, China.
Shanghai Kinlita Chemical Dividend Announcement
• Shanghai Kinlita Chemical announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2021-08-25. Ex dividend date: 2021-08-25
• Shanghai Kinlita Chemical's trailing twelve-month (TTM) dividend yield is -%
• Shanghai Kinlita Chemical's payout ratio for the trailing twelve months (TTM) is 17.15%
Shanghai Kinlita Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2021-08-25 | ¥0.02 | annually | 2021-08-25 |
2020-06-08 | ¥0.01 | annually | 2020-06-08 |
2018-07-12 | ¥0.04 | annually | 2018-07-12 |
2017-05-25 | ¥0.05 | annually | 2017-05-25 |
2016-05-10 | ¥0.07 | annually | |
2015-06-11 | ¥0.27 | annually | |
2014-07-04 | ¥0.30 | annually | |
2013-06-13 | ¥0.30 | annually | |
2012-06-13 | ¥0.33 | annually | |
2011-10-27 | ¥0.30 | annually |
Shanghai Kinlita Chemical Dividend per year
Shanghai Kinlita Chemical Dividend growth
Shanghai Kinlita Chemical Dividend Yield
Shanghai Kinlita Chemical current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shanghai Kinlita Chemical stock? Use our calculator to estimate your expected dividend yield:
Shanghai Kinlita Chemical Financial Ratios
Shanghai Kinlita Chemical Dividend FAQ
Other factors to consider when evaluating Shanghai Kinlita Chemical 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 Kinlita Chemical'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 Kinlita Chemical 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 Kinlita Chemical 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 Kinlita Chemical 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 Kinlita Chemical 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 Kinlita Chemical 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 Kinlita Chemical 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 Kinlita Chemical'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 Kinlita Chemical'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.