Tibet GaoZheng Explosive Co., Ltd. produces and sells civil explosives in China. The company offers powdered emulsion explosives and emulsion colloidal explosives; and industrial explosives, industrial detonators, industrial fuses, industrial detonating cord, etc. It also engages in the transportation and distribution of dangerous and ordinary goods, loading and unloading and transportation agency, cargo storage management, vehicle repair and maintenance, etc. as well as provision of blasting services. In addition, the engages in the armed escort and guard, blasting design and construction, blasting equipment sale, and industrial and mining engineering construction businesses. Further, it is involved in engineering and technology research and experimental development, public safety testing, and environmental protection monitoring activities; research and development, production, and sale of special equipment, such as mines and technical services; and provision of engineering technical consulting and blasting technical training consulting services. The company's products are used in mining, water conservancy and hydropower, transportation construction, urban transformation, geological prospecting, explosive processing, and national defense construction. Tibet GaoZheng Explosive Co., Ltd. was founded in 2014 and is headquartered in Lhasa, China.
Tibet GaoZheng Explosive Dividend Announcement
• Tibet GaoZheng Explosive announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-06-21. Ex dividend date: 2024-06-21
• Tibet GaoZheng Explosive annual dividend for 2024 was ¥0.15
• Tibet GaoZheng Explosive annual dividend for 2023 was ¥0.15
• Tibet GaoZheng Explosive's trailing twelve-month (TTM) dividend yield is 0.5%
• Tibet GaoZheng Explosive's payout ratio for the trailing twelve months (TTM) is 56.01%
• Tibet GaoZheng Explosive's dividend growth over the last five years (2018-2023) was -17.81% year
Tibet GaoZheng Explosive Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-21 | ¥0.15 | annually | 2024-06-21 |
2023-07-05 | ¥0.15 | annually | 2023-07-05 |
2022-08-24 | ¥0.15 | annually | 2022-08-24 |
2021-06-25 | ¥0.15 | annually | 2021-06-25 |
2020-07-13 | ¥0.15 | annually | 2020-07-13 |
2019-07-04 | ¥0.40 | annually | 2019-07-04 |
2018-06-25 | ¥0.40 | annually | 2018-06-25 |
2017-05-23 | ¥0.30 | annually | 2017-05-23 |
Tibet GaoZheng Explosive Dividend per year
Tibet GaoZheng Explosive Dividend growth
Tibet GaoZheng Explosive Dividend Yield
Tibet GaoZheng Explosive current trailing twelve-month (TTM) dividend yield is 0.5%. Interested in purchasing Tibet GaoZheng Explosive stock? Use our calculator to estimate your expected dividend yield:
Tibet GaoZheng Explosive Financial Ratios
Tibet GaoZheng Explosive Dividend FAQ
Other factors to consider when evaluating Tibet GaoZheng Explosive 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: Tibet GaoZheng Explosive'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, Tibet GaoZheng Explosive 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, Tibet GaoZheng Explosive 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 Tibet GaoZheng Explosive 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: Tibet GaoZheng Explosive 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, Tibet GaoZheng Explosive distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tibet GaoZheng Explosive 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 Tibet GaoZheng Explosive'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 Tibet GaoZheng Explosive'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.