Shenzhen Cotran New Material Co.,Ltd. manufactures and provides waterproof and sealing insulation products and solutions in China. It offers PVC, butyl based, silicone based, and EPR based tapes; and silicone and EPDM cold shrink tubes and sleeves. The company provides its solution for telecommunication, power utilities, mining, automobile, and marine industries. Shenzhen Cotran New Material Co.,Ltd. was founded in 2008 and is based in Shenzhen, the People's Republic of China.
Shenzhen Cotran New Material Dividend Announcement
• Shenzhen Cotran New Material announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-05-27. Ex dividend date: 2024-05-27 • Shenzhen Cotran New Material annual dividend for 2024 was ¥0.10 • Shenzhen Cotran New Material's trailing twelve-month (TTM) dividend yield is 0.43% • Shenzhen Cotran New Material's payout ratio for the trailing twelve months (TTM) is 126.02%
Shenzhen Cotran New Material current trailing twelve-month (TTM) dividend yield is 0.43%. Interested in purchasing Shenzhen Cotran New Material stock? Use our calculator to estimate your expected dividend yield:
Shenzhen Cotran New Material Financial Ratios
P/E ratio117.87
PEG ratio34.83
P/B ratio4.92
ROE4.18%
Payout ratio126.02%
Current ratio1.57
Quick ratio1.16
Cash Ratio0.39
Shenzhen Cotran New Material Dividend FAQ
How much is the next Shenzhen Cotran New Material dividend?
Shenzhen Cotran New Material's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shenzhen Cotran New Material dividend. The next Shenzhen Cotran New Material dividend will be released in .
When is Shenzhen Cotran New Material dividend paid?
Shenzhen Cotran New Material pays dividends on a annually basis. The specific dates may vary each year but are generally around . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Shenzhen Cotran New Material pay?
The specific amount of Shenzhen Cotran New Material dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Shenzhen Cotran New Material's dividend history.
Does Shenzhen Cotran New Material stock pay dividends?
Yes, Shenzhen Cotran New Material does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Shenzhen Cotran New Material's dividend history.
How much dividend does Shenzhen Cotran New Material pay?
Shenzhen Cotran New Material paid ¥0.1 in 2024, ¥0.0 in 2023, ¥0.0 in 2022, ¥0.1 in 2021, and ¥0.1 in 2020.
How often does Shenzhen Cotran New Material pay dividends?
Shenzhen Cotran New Material typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around .
What is Shenzhen Cotran New Material's dividend yield?
The current dividend yield for Shenzhen Cotran New Material is 0.43%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Shenzhen Cotran New Material's exact dividend yield.
When does Shenzhen Cotran New Material go ex dividend?
Shenzhen Cotran New Material's ex-dividend date for the latest dividend was on 2024-05-27. Shenzhen Cotran New Material typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Shenzhen Cotran New Material dividend paid?
Shenzhen Cotran New Material pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Shenzhen Cotran New Material increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Shenzhen Cotran New Material will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Shenzhen Cotran New Material dividend per share?
Shenzhen Cotran New Material paid ¥0.1 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Shenzhen Cotran New Material pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Shenzhen Cotran New Material a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Shenzhen Cotran New Material a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Shenzhen Cotran New Material a dividend stock?
Yes, Shenzhen Cotran New Material is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shenzhen Cotran New Material a good dividend stock?
Whether Shenzhen Cotran New Material is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shenzhen Cotran New Material has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shenzhen Cotran New Material 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.
Does Shenzhen Cotran New Material pay dividends monthly?
Shenzhen Cotran New Material typically pays dividends on a annually basis.
Does Shenzhen Cotran New Material pay dividends quarterly?
Shenzhen Cotran New Material currently pays dividends on a annually basis.
Has Shenzhen Cotran New Material ever paid a dividend?
Yes, Shenzhen Cotran New Material has a history of paying dividends to its shareholders. Shenzhen Cotran New Material is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shenzhen Cotran New Material dividend stocks?
To buy Shenzhen Cotran New Material you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Shenzhen Cotran New Material stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Shenzhen Cotran New Material pay dividends 2024?
Shenzhen Cotran New Material pays dividends on a annually basis. 2024 dividend payments are in 2024-05-27. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Shenzhen Cotran New Material increase its dividend in 2024?
Decisions regarding Shenzhen Cotran New Material dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Shenzhen Cotran New Material dividend overview you can look into the above table of dividend history.
How Shenzhen Cotran New Material dividend works?
The Shenzhen Cotran New Material dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Shenzhen Cotran New Material's dividend process works:
1. Determination of Dividend: Shenzhen Cotran New Material'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, Shenzhen Cotran New Material 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, Shenzhen Cotran New Material 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 Shenzhen Cotran New Material 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.
How are Shenzhen Cotran New Material dividends paid?
Shenzhen Cotran New Material dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shenzhen Cotran New Material 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, Shenzhen Cotran New Material distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shenzhen Cotran New Material 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.
How many times does Shenzhen Cotran New Material pay dividends?
Shenzhen Cotran New Material typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Shenzhen Cotran New Material pay dividends?
The general pattern is that Shenzhen Cotran New Material pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Shenzhen Cotran New Material dividend safe?
The safety of Shenzhen Cotran New Material's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Shenzhen Cotran New Material'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 Shenzhen Cotran New Material'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.