Shenzhen Prince New Materials Co., Ltd. produces and sells packaging materials in China. The company offers plastic products, including compound and ordinary plastic bags, packing films, blister tray products, medical packing, and bearing band products; and environmentally friendly materials, electronic and Internet products packaging materials, semiconductor peripheral packaging products, and visual packaging materials. It also provides food and medicine printing, thin honeycomb paper, EPS, EPO, carton, molded pulp, and plastic tray packaging materials. The company was founded in 1997 and is headquartered in Shenzhen, China.
Shenzhen Prince New Materials Dividend Announcement
• Shenzhen Prince New Materials announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-07-11. Ex dividend date: 2024-07-11 • Shenzhen Prince New Materials annual dividend for 2024 was ¥0.05 • Shenzhen Prince New Materials annual dividend for 2023 was ¥0.10 • Shenzhen Prince New Materials's trailing twelve-month (TTM) dividend yield is 0.43% • Shenzhen Prince New Materials's payout ratio for the trailing twelve months (TTM) is 75.26%
Shenzhen Prince New Materials current trailing twelve-month (TTM) dividend yield is 0.43%. Interested in purchasing Shenzhen Prince New Materials stock? Use our calculator to estimate your expected dividend yield:
Shenzhen Prince New Materials Financial Ratios
P/E ratio76.42
PEG ratio12.54
P/B ratio2.37
ROE3.09%
Payout ratio75.26%
Current ratio1.91
Quick ratio1.53
Cash Ratio0.25
Shenzhen Prince New Materials Dividend FAQ
How much is the next Shenzhen Prince New Materials dividend?
Shenzhen Prince New Materials'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 Prince New Materials dividend. The next Shenzhen Prince New Materials dividend will be released in May.
When is Shenzhen Prince New Materials dividend paid?
Shenzhen Prince New Materials pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Prince New Materials pay?
The specific amount of Shenzhen Prince New Materials 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 Prince New Materials's dividend history.
Does Shenzhen Prince New Materials stock pay dividends?
Yes, Shenzhen Prince New Materials 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 Prince New Materials's dividend history.
How much dividend does Shenzhen Prince New Materials pay?
Shenzhen Prince New Materials paid ¥0.048 in 2024, ¥0.098 in 2023, ¥0.0 in 2022, ¥0.13 in 2021, and ¥0.0 in 2020.
How often does Shenzhen Prince New Materials pay dividends?
Shenzhen Prince New Materials 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 May.
What is Shenzhen Prince New Materials's dividend yield?
The current dividend yield for Shenzhen Prince New Materials 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 Prince New Materials's exact dividend yield.
When does Shenzhen Prince New Materials go ex dividend?
Shenzhen Prince New Materials's ex-dividend date for the latest dividend was on 2024-07-11. Shenzhen Prince New Materials 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 Prince New Materials dividend paid?
Shenzhen Prince New Materials pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Shenzhen Prince New Materials 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 Prince New Materials 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 Prince New Materials dividend per share?
Shenzhen Prince New Materials paid ¥0.048 per share in 2024 and ¥0.098 per share in 2023. The amount of dividend per share that Shenzhen Prince New Materials 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 Prince New Materials 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 Prince New Materials 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 Prince New Materials a dividend stock?
Yes, Shenzhen Prince New Materials is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shenzhen Prince New Materials a good dividend stock?
Whether Shenzhen Prince New Materials 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 Prince New Materials has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shenzhen Prince New Materials 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 Prince New Materials pay dividends monthly?
Shenzhen Prince New Materials typically pays dividends on a annually basis.
Does Shenzhen Prince New Materials pay dividends quarterly?
Shenzhen Prince New Materials currently pays dividends on a annually basis.
Has Shenzhen Prince New Materials ever paid a dividend?
Yes, Shenzhen Prince New Materials has a history of paying dividends to its shareholders. Shenzhen Prince New Materials is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shenzhen Prince New Materials dividend stocks?
To buy Shenzhen Prince New Materials 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 Prince New Materials 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 Prince New Materials pay dividends 2024?
Shenzhen Prince New Materials pays dividends on a annually basis. 2024 dividend payments are in 2024-07-11. 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 Prince New Materials increase its dividend in 2024?
Decisions regarding Shenzhen Prince New Materials 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 Prince New Materials dividend overview you can look into the above table of dividend history.
How Shenzhen Prince New Materials dividend works?
The Shenzhen Prince New Materials 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 Prince New Materials's dividend process works:
1. Determination of Dividend: Shenzhen Prince New Materials'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 Prince New Materials 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 Prince New Materials 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 Prince New Materials 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 Prince New Materials dividends paid?
Shenzhen Prince New Materials dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shenzhen Prince New Materials 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 Prince New Materials 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 Prince New Materials 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 Prince New Materials pay dividends?
Shenzhen Prince New Materials 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 Prince New Materials pay dividends?
The general pattern is that Shenzhen Prince New Materials pays dividends around May. 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 Prince New Materials dividend safe?
The safety of Shenzhen Prince New Materials'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 Prince New Materials'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 Prince New Materials'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.