Zhejiang Changsheng Sliding Bearings Co., Ltd. researches, develops, produces, and sells bearings in China. It offers self-lubricated bearings, including metal-polymer, metallic, non-metallic, and high-performance steel self-lubricated bearings; and metal-polymer and metallic marginal-lubricated bearings. The company also provides other self-lubricating bearings and related components, such as air compressor swash plates, sintered bearings, steel sleeves, spherical bearings, and solid bronze alloy bearings; and hydraulic components. Its products are used in agricultural machinery, light industrial machinery, aerospace, military, high-speed trains, automotive, construction machinery, industrial, renewable energy, logistics, fitness equipment, municipal, household, and fluid power applications. The company also exports its products to approximately 40 countries and regions, including European countries, the United States, and Japan. Zhejiang Changsheng Sliding Bearings Co., Ltd. was founded in 1995 and is based in Jiashan, China.
Zhejiang Changsheng Sliding Bearings Dividend Announcement
• Zhejiang Changsheng Sliding Bearings announced a semi annually dividend of ¥0.17 per ordinary share which will be made payable on 2024-10-17. Ex dividend date: 2024-10-17
• Zhejiang Changsheng Sliding Bearings annual dividend for 2024 was ¥0.40
• Zhejiang Changsheng Sliding Bearings annual dividend for 2023 was ¥0.52
• Zhejiang Changsheng Sliding Bearings's trailing twelve-month (TTM) dividend yield is 2.0%
• Zhejiang Changsheng Sliding Bearings's payout ratio for the trailing twelve months (TTM) is 97.19%
• Zhejiang Changsheng Sliding Bearings's dividend growth over the last five years (2018-2023) was 6.96% year
Zhejiang Changsheng Sliding Bearings Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-17 | ¥0.17 | semi annually | 2024-10-17 |
2024-06-07 | ¥0.23 | semi annually | 2024-06-07 |
2023-09-28 | ¥0.17 | semi annually | 2023-09-28 |
2023-06-01 | ¥0.35 | semi annually | 2023-06-01 |
2022-06-08 | ¥0.35 | semi annually | 2022-06-08 |
2021-06-07 | ¥0.50 | semi annually | 2021-06-07 |
2020-06-03 | ¥0.22 | semi annually | 2020-06-03 |
2019-05-31 | ¥0.35 | semi annually | 2019-05-31 |
2018-06-07 | ¥0.37 | semi annually | 2018-06-07 |
Zhejiang Changsheng Sliding Bearings Dividend per year
Zhejiang Changsheng Sliding Bearings Dividend growth
Zhejiang Changsheng Sliding Bearings Dividend Yield
Zhejiang Changsheng Sliding Bearings current trailing twelve-month (TTM) dividend yield is 2.0%. Interested in purchasing Zhejiang Changsheng Sliding Bearings stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Changsheng Sliding Bearings Financial Ratios
Zhejiang Changsheng Sliding Bearings Dividend FAQ
Other factors to consider when evaluating Zhejiang Changsheng Sliding Bearings 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: Zhejiang Changsheng Sliding Bearings'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, Zhejiang Changsheng Sliding Bearings 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, Zhejiang Changsheng Sliding Bearings 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 Zhejiang Changsheng Sliding Bearings 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: Zhejiang Changsheng Sliding Bearings 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, Zhejiang Changsheng Sliding Bearings distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Zhejiang Changsheng Sliding Bearings 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 Zhejiang Changsheng Sliding Bearings'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 Zhejiang Changsheng Sliding Bearings'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.