Zhejiang China Commodities City Group Co., Ltd., through its subsidiaries, engages in the development, management, operation, and service of an online trading platform in China. It operates through Market Operation, Commodity Sales, Hotel Service, Exhibition Advertising, and Other Service segments. The company collects business space usage fees; rents office and auxiliary buildings; trades in commodities; operates hotels, including room accommodation, catering services, and other business activities; and provides market-related supporting services. In addition, it is involved in the design, production, publishing, and agency advertising business. The company was incorporated in 1993 and is headquartered in Yiwu, China. Zhejiang China Commodities City Group Co., Ltd. is a subsidiary of Yiwu China Commodities City Holdings Limited.
Zhejiang China Commodities City Dividend Announcement
• Zhejiang China Commodities City announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-06-26. Ex dividend date: 2024-06-26
• Zhejiang China Commodities City annual dividend for 2024 was ¥0.20
• Zhejiang China Commodities City annual dividend for 2023 was ¥0.07
• Zhejiang China Commodities City's trailing twelve-month (TTM) dividend yield is 1.42%
• Zhejiang China Commodities City's payout ratio for the trailing twelve months (TTM) is 54.50%
• Zhejiang China Commodities City's dividend growth over the last five years (2018-2023) was -4.31% year
• Zhejiang China Commodities City's dividend growth over the last ten years (2013-2023) was -4.22% year
Zhejiang China Commodities City Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-26 | ¥0.20 | annually | 2024-06-26 |
2023-05-24 | ¥0.07 | annually | 2023-05-24 |
2022-06-10 | ¥0.07 | annually | 2022-06-10 |
2021-06-18 | ¥0.06 | annually | 2021-06-18 |
2020-07-21 | ¥0.07 | annually | 2020-07-21 |
2019-06-26 | ¥0.06 | annually | 2019-06-26 |
2018-07-11 | ¥0.08 | annually | 2018-07-11 |
2017-06-22 | ¥0.06 | annually | 2017-06-22 |
2016-06-20 | ¥0.05 | annually | |
2015-05-12 | ¥0.12 | annually | |
2014-07-11 | ¥0.10 | annually | |
2013-06-25 | ¥0.10 | annually |
Zhejiang China Commodities City Dividend per year
Zhejiang China Commodities City Dividend growth
Zhejiang China Commodities City Dividend Yield
Zhejiang China Commodities City current trailing twelve-month (TTM) dividend yield is 1.42%. Interested in purchasing Zhejiang China Commodities City stock? Use our calculator to estimate your expected dividend yield:
Zhejiang China Commodities City Financial Ratios
Zhejiang China Commodities City Dividend FAQ
Other factors to consider when evaluating Zhejiang China Commodities City 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 China Commodities City'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 China Commodities City 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 China Commodities City 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 China Commodities City 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 China Commodities City 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 China Commodities City 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 China Commodities City 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 China Commodities City'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 China Commodities City'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.