Xinjiang Xuefeng Sci-Tech(Group)Co.,Ltd engages in the research and development, production, and sale of civil explosives. The company's products include expanded ammonium nitrate, emulsion, and on-site mixed explosives; industrial electric, industrial digital electronic, detonator, and plastic detonators; and industrial detonating cords, as well as industrial explosives, detonators, and cables. It provides engineering blasting services comprising drilling, blasting, digging, and transporting; and professional services, such as solution planning and implementation. The company also engages in exporting activities. Xinjiang Xuefeng Sci-Tech(Group)Co.,Ltd was founded in 1958 and is based in Ürümqi, the People's Republic of China.
Xinjiang Xuefeng Sci-Tech Dividend Announcement
• Xinjiang Xuefeng Sci-Tech announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-07-10. Ex dividend date: 2024-07-10
• Xinjiang Xuefeng Sci-Tech annual dividend for 2024 was ¥0.25
• Xinjiang Xuefeng Sci-Tech annual dividend for 2023 was ¥0.15
• Xinjiang Xuefeng Sci-Tech's trailing twelve-month (TTM) dividend yield is 2.73%
• Xinjiang Xuefeng Sci-Tech's payout ratio for the trailing twelve months (TTM) is 97.83%
• Xinjiang Xuefeng Sci-Tech's dividend growth over the last five years (2018-2023) was 71.88% year
Xinjiang Xuefeng Sci-Tech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-10 | ¥0.25 | annually | 2024-07-10 |
2023-06-30 | ¥0.15 | annually | 2023-06-30 |
2022-07-18 | ¥0.07 | annually | 2022-07-18 |
2021-06-08 | ¥0.05 | annually | 2021-06-08 |
2020-07-01 | ¥0.05 | annually | 2020-07-01 |
2019-07-19 | ¥0.03 | annually | 2019-07-19 |
2018-07-19 | ¥0.01 | annually | 2018-07-19 |
2016-07-28 | ¥0.18 | annually |
Xinjiang Xuefeng Sci-Tech Dividend per year
Xinjiang Xuefeng Sci-Tech Dividend growth
Xinjiang Xuefeng Sci-Tech Dividend Yield
Xinjiang Xuefeng Sci-Tech current trailing twelve-month (TTM) dividend yield is 2.73%. Interested in purchasing Xinjiang Xuefeng Sci-Tech stock? Use our calculator to estimate your expected dividend yield:
Xinjiang Xuefeng Sci-Tech Financial Ratios
Xinjiang Xuefeng Sci-Tech Dividend FAQ
Other factors to consider when evaluating Xinjiang Xuefeng Sci-Tech 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: Xinjiang Xuefeng Sci-Tech'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, Xinjiang Xuefeng Sci-Tech 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, Xinjiang Xuefeng Sci-Tech 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 Xinjiang Xuefeng Sci-Tech 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: Xinjiang Xuefeng Sci-Tech 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, Xinjiang Xuefeng Sci-Tech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Xinjiang Xuefeng Sci-Tech 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 Xinjiang Xuefeng Sci-Tech'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 Xinjiang Xuefeng Sci-Tech'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.