Yantai Tayho Advanced Materials Co., Ltd. engages in the research and development, production, and sale of high-tech fibers in China. The company offers Newstar Spandex, a polyurethane elastic fiber that is used in underwear, socks, tights, sportswear, swimwear, laces, and suits, as well as in medical and hygiene textiles, and automotive interiors. It also provides Newstar Meta-aramid, an aromatic polyamide fiber, which is used in aerospace, high-speed trains, firefighter apparels, training uniforms, work wear, environmental protection, industrial high-temperature materials, automobile hoses, senior sound dampers, electrical insulation, and other areas. In addition, the company offers Taparan Para-aramid fibers for use in various applications, including rubber tube structures, strengthening fabrics, tire cords, packing, sealing, optical cable reinforcement, etc.; Tametar anti-static fibers for use in 3T fabric, industrial filtration, and anti-static fabric applications; and Metastar Aramid papers. The company was formerly known as Yantai Spandex Co., Ltd. and changed its name to Yantai Tayho Advanced Materials Co., Ltd. in September 2011. Yantai Tayho Advanced Materials Co., Ltd. was incorporated in 1993 and is based in Yantai, China.
Yantai Tayho Advanced Materials Dividend Announcement
• Yantai Tayho Advanced Materials announced a annually dividend of ¥0.30 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06
• Yantai Tayho Advanced Materials annual dividend for 2024 was ¥0.30
• Yantai Tayho Advanced Materials annual dividend for 2023 was ¥0.30
• Yantai Tayho Advanced Materials's trailing twelve-month (TTM) dividend yield is 2.93%
• Yantai Tayho Advanced Materials's payout ratio for the trailing twelve months (TTM) is 316.11%
Yantai Tayho Advanced Materials Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-06 | ¥0.30 | annually | 2024-06-06 |
2023-04-21 | ¥0.30 | annually | 2023-04-21 |
2022-05-18 | ¥0.50 | annually | 2022-05-18 |
2021-05-21 | ¥0.70 | annually | 2021-05-21 |
2019-06-28 | ¥0.05 | annually | 2019-06-28 |
2018-07-18 | ¥0.05 | annually | 2018-07-18 |
2017-07-13 | ¥0.10 | annually | 2017-07-13 |
2015-07-10 | ¥0.05 | annually | |
2012-07-18 | ¥0.25 | annually | |
2011-06-08 | ¥0.80 | annually | |
2010-06-11 | ¥0.60 | annually | |
2009-07-13 | ¥1.00 | annually |
Yantai Tayho Advanced Materials Dividend per year
Yantai Tayho Advanced Materials Dividend growth
Yantai Tayho Advanced Materials Dividend Yield
Yantai Tayho Advanced Materials current trailing twelve-month (TTM) dividend yield is 2.93%. Interested in purchasing Yantai Tayho Advanced Materials stock? Use our calculator to estimate your expected dividend yield:
Yantai Tayho Advanced Materials Financial Ratios
Yantai Tayho Advanced Materials Dividend FAQ
Other factors to consider when evaluating Yantai Tayho Advanced 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.
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1. Determination of Dividend: Yantai Tayho Advanced 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, Yantai Tayho Advanced 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, Yantai Tayho Advanced 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 Yantai Tayho Advanced 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.
1. Record Date: Yantai Tayho Advanced 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, Yantai Tayho Advanced 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: Yantai Tayho Advanced 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.
To assess the safety of Yantai Tayho Advanced 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 Yantai Tayho Advanced 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.