Shanghai YongLi Belting Co., Ltd develops, produces, and sells conveyor belts. The company offers ordinary polymer material, thermoplastic elastomer, and other types of conveyor belts; and high-end precision molded products. Its conveyor belts are used in food processing, tobacco production, entertainment and fitness, airport transportation, textile printing and dyeing, agricultural product processing, stone and wood processing, electronic manufacturing, printing and packaging, and other industries; and high-end precision molded products for use in the automotive, home appliance, consumer electronics, smart home, educational toys, medical equipment, communication equipment, and other industries. Shanghai YongLi Belting Co., Ltd was founded in 1989 and is based in Shanghai, China.
Shanghai YongLi Belting Dividend Announcement
• Shanghai YongLi Belting announced a semi annually dividend of ¥0.12 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-30
• Shanghai YongLi Belting annual dividend for 2024 was ¥0.12
• Shanghai YongLi Belting 's trailing twelve-month (TTM) dividend yield is 2.42%
• Shanghai YongLi Belting 's payout ratio for the trailing twelve months (TTM) is 30.70%
Shanghai YongLi Belting Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-30 | ¥0.12 | semi annually | 2024-05-30 |
2020-09-21 | ¥0.25 | semi annually | 2020-09-21 |
2020-05-29 | ¥0.25 | semi annually | 2020-05-29 |
2019-05-29 | ¥0.24 | semi annually | 2019-05-29 |
2018-06-01 | ¥0.12 | semi annually | 2018-06-01 |
2017-06-09 | ¥0.20 | semi annually | 2017-06-09 |
2016-05-31 | ¥0.10 | semi annually | |
2015-06-04 | ¥0.10 | semi annually | |
2014-06-10 | ¥0.10 | semi annually | |
2013-05-28 | ¥0.10 | semi annually | |
2012-06-21 | ¥0.16 | semi annually |
Shanghai YongLi Belting Dividend per year
Shanghai YongLi Belting Dividend growth
Shanghai YongLi Belting Dividend Yield
Shanghai YongLi Belting current trailing twelve-month (TTM) dividend yield is 2.42%. Interested in purchasing Shanghai YongLi Belting stock? Use our calculator to estimate your expected dividend yield:
Shanghai YongLi Belting Financial Ratios
Shanghai YongLi Belting Dividend FAQ
Other factors to consider when evaluating Shanghai YongLi Belting 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 YongLi Belting '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 YongLi Belting 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 YongLi Belting 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 YongLi Belting 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 YongLi Belting 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 YongLi Belting 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 YongLi Belting 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 YongLi Belting '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 YongLi Belting '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.