Yunnan Energy New Material Co., Ltd. provides rubber and plastic products in China and internationally. The company is involved in the production, development, and sale of BOPP films, such as bidirectional stretch polypropylene cigarette packing, antibacterial tobacco, agricultural product packing, food and medicine packing, anti-light, thermal seal, and aluminum coating films, which are mainly used in cigarette packaging, food packaging, high-grade gift packaging, composite, adhesive tape base material, and other fields. It also develops packaging boxes for liquid beverages, including gable top packages, aseptic bricks, and aseptic sleeve packages, as well as cigarette labels; produces lithium-ion separator film products, including base and coating films; and produces, processes, and sells directly coated paper, laser transfer paper, aluminum spraying gold and silver card paper, liquid wrapping paper, coated composite paper, glass card paper, high-precision laser positioning transfer film, high-precision laser positioning bronzing electrochemical aluminum, special paper products, holographic anti-counterfeiting electrified aluminum, laser transfer anti-counterfeiting paper, direct plating paper, and other products. The company was formerly known as Yunnan Chuangxin New Material Co., Ltd. and changed its name to Yunnan Energy New Material Co., Ltd. in October 2018. Yunnan Energy New Material Co., Ltd. was founded in 2001 and is based in Yuxi, China.
Yunnan Energy New Material Dividend Announcement
• Yunnan Energy New Material announced a semi annually dividend of ¥1.54 per ordinary share which will be made payable on 2024-06-03. Ex dividend date: 2024-06-03
• Yunnan Energy New Material annual dividend for 2024 was ¥1.54
• Yunnan Energy New Material annual dividend for 2023 was ¥0.38
• Yunnan Energy New Material's trailing twelve-month (TTM) dividend yield is 3.83%
• Yunnan Energy New Material's payout ratio for the trailing twelve months (TTM) is 268.98%
• Yunnan Energy New Material's dividend growth over the last five years (2018-2023) was -19.02% year
Yunnan Energy New Material Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-03 | ¥1.54 | semi annually | 2024-06-03 |
2023-09-21 | ¥0.20 | semi annually | 2023-09-21 |
2023-08-21 | ¥0.18 | semi annually | 2023-08-21 |
2022-05-16 | ¥0.30 | semi annually | 2022-05-16 |
2021-04-30 | ¥0.17 | semi annually | 2021-04-30 |
2020-05-21 | ¥0.12 | semi annually | 2020-05-21 |
2019-07-09 | ¥0.38 | semi annually | 2019-07-09 |
2018-04-17 | ¥1.10 | semi annually | 2018-04-17 |
2017-06-19 | ¥0.74 | semi annually | 2017-06-19 |
Yunnan Energy New Material Dividend per year
Yunnan Energy New Material Dividend growth
Yunnan Energy New Material Dividend Yield
Yunnan Energy New Material current trailing twelve-month (TTM) dividend yield is 3.83%. Interested in purchasing Yunnan Energy New Material stock? Use our calculator to estimate your expected dividend yield:
Yunnan Energy New Material Financial Ratios
Yunnan Energy New Material Dividend FAQ
Other factors to consider when evaluating Yunnan Energy New Material 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: Yunnan Energy New Material'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, Yunnan Energy New Material 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, Yunnan Energy New Material 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 Yunnan Energy New Material 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: Yunnan Energy New Material 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, Yunnan Energy New Material distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Yunnan Energy New Material 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 Yunnan Energy New Material'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 Yunnan Energy New Material'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.