Shanghai Zijiang Enterprise Group Co., Ltd. operates in the packaging and printing industry in China. The company offers PET performs and bottles, crown caps, sanitary products packing, plastic anti-theft covers, spray aluminum paper, printing ink, plastic colors printing products, thermoforming color printing products, substrate films, beverage products, paper printing, and magnesium alloy products. It is also involved in the construction of scientific parks; and real estate activities. The company is headquartered in Shanghai, China.
Shanghai Zijiang Enterprise Dividend Announcement
• Shanghai Zijiang Enterprise announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-07-03. Ex dividend date: 2024-07-03
• Shanghai Zijiang Enterprise annual dividend for 2024 was ¥0.25
• Shanghai Zijiang Enterprise annual dividend for 2023 was ¥0.25
• Shanghai Zijiang Enterprise's trailing twelve-month (TTM) dividend yield is 3.94%
• Shanghai Zijiang Enterprise's payout ratio for the trailing twelve months (TTM) is 130.72%
• Shanghai Zijiang Enterprise's dividend growth over the last five years (2018-2023) was 10.76% year
• Shanghai Zijiang Enterprise's dividend growth over the last ten years (2013-2023) was 9.60% year
Shanghai Zijiang Enterprise Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-03 | ¥0.25 | annually | 2024-07-03 |
2023-07-26 | ¥0.25 | annually | 2023-07-26 |
2022-08-18 | ¥0.25 | annually | 2022-08-18 |
2021-07-22 | ¥0.25 | annually | 2021-07-22 |
2020-07-22 | ¥0.20 | annually | 2020-07-22 |
2019-07-17 | ¥0.15 | annually | 2019-07-17 |
2018-06-25 | ¥0.15 | annually | 2018-06-25 |
2017-08-18 | ¥0.10 | annually | 2017-08-18 |
2016-07-18 | ¥0.05 | annually | |
2015-07-16 | ¥0.05 | annually | |
2014-08-21 | ¥0.10 | annually | |
2013-07-23 | ¥0.10 | annually |
Shanghai Zijiang Enterprise Dividend per year
Shanghai Zijiang Enterprise Dividend growth
Shanghai Zijiang Enterprise Dividend Yield
Shanghai Zijiang Enterprise current trailing twelve-month (TTM) dividend yield is 3.94%. Interested in purchasing Shanghai Zijiang Enterprise stock? Use our calculator to estimate your expected dividend yield:
Shanghai Zijiang Enterprise Financial Ratios
Shanghai Zijiang Enterprise Dividend FAQ
Other factors to consider when evaluating Shanghai Zijiang Enterprise 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 Zijiang Enterprise'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 Zijiang Enterprise 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 Zijiang Enterprise 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 Zijiang Enterprise 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 Zijiang Enterprise 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 Zijiang Enterprise 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 Zijiang Enterprise 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 Zijiang Enterprise'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 Zijiang Enterprise'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.