Shanghai M&G Stationery Inc. engages in the design, development, manufacture, and sale of stationary products in China and internationally. The company offers name cards, laser presenters, white boards, white board markers, table cards, and whiteboard erasers; calculators, staplers, scissors, binders and clips, cutter knifes, pencil sharpeners, ruler and compass products, book ends, tape measures, punches, pen holders, stamp pads, and stamp inks; lever arch files, sliding bar report covers, clip boards, display books, file boxes, expending files, zip bags, name card holders, id holders, and magazine files; paper cups, alarm clocks, desk lamps, trash cans, power converters, rubber bands, garbage bags, and toner cartridges; and note books, printing papers, note papers, and sticky labels and notes. It also provides glue sticks and liquids, adhesive tapes, double sided tissue tapes, masking tapes, and tape dispensers; ballpoint pens, mechanical pencils, markers, pencils, highlighters, gel pens, refills, erasable gel pens, roller pens, and fountain pens; shredders, binding machines, and attendance machines; miffs, snoopies, teddies, correction tapes, pencil caps, training aids, locks, inks, exercise books, papers, book covers, erasers, and math sets; paint brushes, crayons, modeling clays, trays, and paints; and power cables and banks, flash disks, and chargers. As of December 31, 2021, the company operated 523 large retail stores in China, including 60 M&G Life stores and 463 Jiumu stores, as well as engages in the e-commerce business. It sells its products under the M&G brand. The company was founded in 1996 and is headquartered in Shanghai, China. Shanghai M&G Stationery Inc. is a subsidiary of M&G Holdings (Group) Co., Ltd.
Shanghai M&G Stationery Dividend Announcement
• Shanghai M&G Stationery announced a annually dividend of ¥0.80 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-24
• Shanghai M&G Stationery annual dividend for 2024 was ¥0.80
• Shanghai M&G Stationery annual dividend for 2023 was ¥0.50
• Shanghai M&G Stationery's trailing twelve-month (TTM) dividend yield is 2.71%
• Shanghai M&G Stationery's payout ratio for the trailing twelve months (TTM) is 84.33%
• Shanghai M&G Stationery's dividend growth over the last five years (2018-2023) was 14.87% year
Shanghai M&G Stationery Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-24 | ¥0.80 | annually | 2024-05-24 |
2023-05-17 | ¥0.50 | annually | 2023-05-17 |
2022-05-09 | ¥0.60 | annually | 2022-05-09 |
2021-05-07 | ¥0.50 | annually | 2021-05-07 |
2020-05-22 | ¥0.40 | annually | 2020-05-22 |
2019-05-07 | ¥0.30 | annually | 2019-05-07 |
2018-05-04 | ¥0.25 | annually | 2018-05-04 |
2017-04-27 | ¥0.25 | annually | 2017-04-27 |
2016-05-04 | ¥0.50 | annually | |
2015-05-11 | ¥0.50 | annually |
Shanghai M&G Stationery Dividend per year
Shanghai M&G Stationery Dividend growth
Shanghai M&G Stationery Dividend Yield
Shanghai M&G Stationery current trailing twelve-month (TTM) dividend yield is 2.71%. Interested in purchasing Shanghai M&G Stationery stock? Use our calculator to estimate your expected dividend yield:
Shanghai M&G Stationery Financial Ratios
Shanghai M&G Stationery Dividend FAQ
Other factors to consider when evaluating Shanghai M&G Stationery 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 M&G Stationery'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 M&G Stationery 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 M&G Stationery 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 M&G Stationery 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 M&G Stationery 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 M&G Stationery 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 M&G Stationery 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 M&G Stationery'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 M&G Stationery'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.