Shanghai Pret Composites Co., Ltd. engages in the research and development, production, sale, and service of polymer and composite materials in China. It offers modified polyolefin materials, ABS, polycarbonate alloy, and nylon material products for use in automotive interior and exterior decoration, electrical and electronic, and military and aerospace applications; and LCP resin, LCP film, and LCP fiber materials for use in 5G high-frequency high-speed communication materials, high-frequency electronic connectors, acoustic wires, and military aerospace materials. The company was founded in 1993 and is based in Shanghai, China.
Shanghai Pret Composites Dividend Announcement
• Shanghai Pret Composites announced a semi annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-10-22. Ex dividend date: 2024-10-22
• Shanghai Pret Composites annual dividend for 2024 was ¥0.07
• Shanghai Pret Composites annual dividend for 2023 was ¥0.05
• Shanghai Pret Composites's trailing twelve-month (TTM) dividend yield is 0.6%
• Shanghai Pret Composites's payout ratio for the trailing twelve months (TTM) is 58.78%
• Shanghai Pret Composites's dividend growth over the last five years (2018-2023) was -24.42% year
• Shanghai Pret Composites's dividend growth over the last ten years (2013-2023) was -6.70% year
Shanghai Pret Composites Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-22 | ¥0.02 | semi annually | 2024-10-22 |
2024-06-25 | ¥0.05 | semi annually | 2024-06-25 |
2023-05-23 | ¥0.05 | semi annually | 2023-05-23 |
2022-05-13 | ¥0.05 | semi annually | 2022-05-13 |
2021-05-28 | ¥0.04 | semi annually | 2021-05-28 |
2020-04-22 | ¥0.06 | semi annually | 2020-04-22 |
2019-05-21 | ¥0.15 | semi annually | 2019-05-21 |
2018-05-28 | ¥0.20 | semi annually | 2018-05-28 |
2017-07-06 | ¥0.10 | semi annually | 2017-07-06 |
2016-05-20 | ¥0.10 | semi annually | |
2015-07-09 | ¥0.10 | semi annually | |
2014-05-30 | ¥0.20 | semi annually | |
2013-06-18 | ¥0.10 | semi annually |
Shanghai Pret Composites Dividend per year
Shanghai Pret Composites Dividend growth
Shanghai Pret Composites Dividend Yield
Shanghai Pret Composites current trailing twelve-month (TTM) dividend yield is 0.6%. Interested in purchasing Shanghai Pret Composites stock? Use our calculator to estimate your expected dividend yield:
Shanghai Pret Composites Financial Ratios
Shanghai Pret Composites Dividend FAQ
Other factors to consider when evaluating Shanghai Pret Composites 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 Pret Composites'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 Pret Composites 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 Pret Composites 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 Pret Composites 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 Pret Composites 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 Pret Composites 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 Pret Composites 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 Pret Composites'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 Pret Composites'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.