Xiangtan Electrochemical Scientific Co.,Ltd produces and sells electrolytic manganese dioxide (EMD) and new energy battery materials. The company offers C-Zn grade, alkaline and lithium manganese batteries, lithium manganese oxide batteries, raw material of magnetic materials, manganese tetroxide, and manganese sulfate, as well as lithium manganate. It also engages in urban sewage and industrial wastewater treatment, sludge treatment, and application and development of utility technology activities, as well as provides related technical services. In addition, the company trades in ferromanganese alloys, electrolytic manganese metal, primary and secondary battery materials, manganese dioxide, manganese tetroxide, catalyst, discharge manganese, manganese carbonate ore, oxidized manganese ore, fund tray trading, etc. It also exports its products to approximately 20 countries, including the United States, Japan, the European Union, Southeast Asia, and internationally. Xiangtan Electrochemical Scientific Co.,Ltd was founded in 1958 and is based in Xiangtan, China.
Xiangtan Electrochemical Scientific Dividend Announcement
• Xiangtan Electrochemical Scientific announced a annually dividend of ¥0.17 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-07
• Xiangtan Electrochemical Scientific annual dividend for 2024 was ¥0.17
• Xiangtan Electrochemical Scientific annual dividend for 2023 was ¥0.13
• Xiangtan Electrochemical Scientific's trailing twelve-month (TTM) dividend yield is 1.44%
• Xiangtan Electrochemical Scientific's payout ratio for the trailing twelve months (TTM) is 39.40%
Xiangtan Electrochemical Scientific Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-07 | ¥0.17 | annually | 2024-06-07 |
2023-07-06 | ¥0.13 | annually | 2023-07-06 |
2022-06-16 | ¥0.05 | annually | 2022-06-16 |
2021-05-18 | ¥0.02 | annually | 2021-05-18 |
2019-04-16 | ¥0.06 | annually | 2019-04-16 |
2012-06-18 | ¥0.04 | annually |
Xiangtan Electrochemical Scientific Dividend per year
Xiangtan Electrochemical Scientific Dividend growth
Xiangtan Electrochemical Scientific Dividend Yield
Xiangtan Electrochemical Scientific current trailing twelve-month (TTM) dividend yield is 1.44%. Interested in purchasing Xiangtan Electrochemical Scientific stock? Use our calculator to estimate your expected dividend yield:
Xiangtan Electrochemical Scientific Financial Ratios
Xiangtan Electrochemical Scientific Dividend FAQ
Other factors to consider when evaluating Xiangtan Electrochemical Scientific 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: Xiangtan Electrochemical Scientific'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, Xiangtan Electrochemical Scientific 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, Xiangtan Electrochemical Scientific 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 Xiangtan Electrochemical Scientific 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: Xiangtan Electrochemical Scientific 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, Xiangtan Electrochemical Scientific distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Xiangtan Electrochemical Scientific 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 Xiangtan Electrochemical Scientific'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 Xiangtan Electrochemical Scientific'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.