Zhe Jiang Hai Liang Co., Ltd researches, develops, sells, and services copper products in China and internationally. The company offers level wound and pancake coils; inner grooved copper, insulated, and capillary copper tubes; copper straight, brass straight, plastic coated copper, condenser, refrigeration, and aluminum-manganese brass tubes; copper-nickel pipes; copper, brass, and electrical conduct fittings; copper and brass bars; copper bus bars; aluminum tubes; and SCR honeycomb and plate catalyst products. It also provides equipment manufacturing services. The company's products are used in various applications, such as air conditioning and refrigeration, HAVC, water desalination, nuclear power, thermal power, equipment manufacturing, automotive industry, electrical, transportation, hardware machinery, and other industries. Zhe Jiang Hai Liang Co., Ltd was founded in 2001 and is headquartered in Zhuji, China.
Zhe Jiang Hai Liang Dividend Announcement
• Zhe Jiang Hai Liang announced a annually dividend of ¥0.17 per ordinary share which will be made payable on 2024-07-17. Ex dividend date: 2024-07-17
• Zhe Jiang Hai Liang annual dividend for 2024 was ¥0.17
• Zhe Jiang Hai Liang annual dividend for 2023 was ¥0.08
• Zhe Jiang Hai Liang 's trailing twelve-month (TTM) dividend yield is 1.88%
• Zhe Jiang Hai Liang 's payout ratio for the trailing twelve months (TTM) is 96.14%
• Zhe Jiang Hai Liang 's dividend growth over the last five years (2018-2023) was 5.92% year
• Zhe Jiang Hai Liang 's dividend growth over the last ten years (2013-2023) was -2.21% year
Zhe Jiang Hai Liang Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-17 | ¥0.17 | annually | 2024-07-17 |
2023-07-05 | ¥0.08 | annually | 2023-07-05 |
2022-06-30 | ¥0.07 | annually | 2022-06-30 |
2021-06-23 | ¥0.07 | annually | 2021-06-23 |
2020-06-12 | ¥0.07 | annually | 2020-06-12 |
2019-06-12 | ¥0.07 | annually | 2019-06-12 |
2018-05-28 | ¥0.06 | annually | 2018-05-28 |
2017-07-12 | ¥0.06 | annually | 2017-07-12 |
2016-07-08 | ¥0.06 | annually | |
2015-06-17 | ¥0.08 | annually | |
2014-07-09 | ¥0.10 | annually | |
2013-07-10 | ¥0.10 | annually |
Zhe Jiang Hai Liang Dividend per year
Zhe Jiang Hai Liang Dividend growth
Zhe Jiang Hai Liang Dividend Yield
Zhe Jiang Hai Liang current trailing twelve-month (TTM) dividend yield is 1.88%. Interested in purchasing Zhe Jiang Hai Liang stock? Use our calculator to estimate your expected dividend yield:
Zhe Jiang Hai Liang Financial Ratios
Zhe Jiang Hai Liang Dividend FAQ
Other factors to consider when evaluating Zhe Jiang Hai Liang 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: Zhe Jiang Hai Liang '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, Zhe Jiang Hai Liang 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, Zhe Jiang Hai Liang 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 Zhe Jiang Hai Liang 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: Zhe Jiang Hai Liang 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, Zhe Jiang Hai Liang distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Zhe Jiang Hai Liang 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 Zhe Jiang Hai Liang '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 Zhe Jiang Hai Liang '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.