Zhejiang China Light&Textile Industrial City Group Co.,Ltd engages in the development, leasing, and property management of business houses in the China Textile City market. It is also involved in the wholesale trading of textile fabrics; integration of market; financing; and operation of e-commerce platforms. In addition, the company develops, operates, and manages an international logistics center. Zhejiang China Light&Textile Industrial City Group Co.,Ltd was founded in 1993 and is based in Shaoxing, China.
Zhejiang China Light&Textile Industrial City Dividend Announcement
• Zhejiang China Light&Textile Industrial City announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-06-14. Ex dividend date: 2024-06-14 • Zhejiang China Light&Textile Industrial City annual dividend for 2024 was ¥0.10 • Zhejiang China Light&Textile Industrial City annual dividend for 2023 was ¥0.17 • Zhejiang China Light&Textile Industrial City's trailing twelve-month (TTM) dividend yield is 2.75% • Zhejiang China Light&Textile Industrial City's payout ratio for the trailing twelve months (TTM) is 210.92% • Zhejiang China Light&Textile Industrial City's dividend growth over the last five years (2018-2023) was 9.10% year
Zhejiang China Light&Textile Industrial City Dividend History
Zhejiang China Light&Textile Industrial City Dividend per year
Zhejiang China Light&Textile Industrial City Dividend growth
Zhejiang China Light&Textile Industrial City Dividend Yield
Zhejiang China Light&Textile Industrial City current trailing twelve-month (TTM) dividend yield is 2.75%. Interested in purchasing Zhejiang China Light&Textile Industrial City stock? Use our calculator to estimate your expected dividend yield:
Zhejiang China Light&Textile Industrial City Financial Ratios
P/E ratio25.52
PEG ratio-0.42
P/B ratio0.79
ROE3.15%
Payout ratio210.92%
Current ratio0.77
Quick ratio0.77
Cash Ratio0.47
Zhejiang China Light&Textile Industrial City Dividend FAQ
How much is the next Zhejiang China Light&Textile Industrial City dividend?
Zhejiang China Light&Textile Industrial City's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Zhejiang China Light&Textile Industrial City dividend. The next Zhejiang China Light&Textile Industrial City dividend will be released in July.
When is Zhejiang China Light&Textile Industrial City dividend paid?
Zhejiang China Light&Textile Industrial City pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Zhejiang China Light&Textile Industrial City pay?
The specific amount of Zhejiang China Light&Textile Industrial City dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Zhejiang China Light&Textile Industrial City's dividend history.
Does Zhejiang China Light&Textile Industrial City stock pay dividends?
Yes, Zhejiang China Light&Textile Industrial City does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Zhejiang China Light&Textile Industrial City's dividend history.
How much dividend does Zhejiang China Light&Textile Industrial City pay?
Zhejiang China Light&Textile Industrial City paid ¥0.1 in 2024, ¥0.17 in 2023, ¥0.15 in 2022, ¥0.1 in 2021, and ¥0.18 in 2020.
How often does Zhejiang China Light&Textile Industrial City pay dividends?
Zhejiang China Light&Textile Industrial City typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is Zhejiang China Light&Textile Industrial City's dividend yield?
The current dividend yield for Zhejiang China Light&Textile Industrial City is 2.75%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Zhejiang China Light&Textile Industrial City's exact dividend yield.
When does Zhejiang China Light&Textile Industrial City go ex dividend?
Zhejiang China Light&Textile Industrial City's ex-dividend date for the latest dividend was on 2024-06-14. Zhejiang China Light&Textile Industrial City typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Zhejiang China Light&Textile Industrial City dividend paid?
Zhejiang China Light&Textile Industrial City pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Zhejiang China Light&Textile Industrial City increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Zhejiang China Light&Textile Industrial City will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Zhejiang China Light&Textile Industrial City dividend per share?
Zhejiang China Light&Textile Industrial City paid ¥0.1 per share in 2024 and ¥0.17 per share in 2023. The amount of dividend per share that Zhejiang China Light&Textile Industrial City pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Zhejiang China Light&Textile Industrial City a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Zhejiang China Light&Textile Industrial City a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Zhejiang China Light&Textile Industrial City a dividend stock?
Yes, Zhejiang China Light&Textile Industrial City is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhejiang China Light&Textile Industrial City a good dividend stock?
Whether Zhejiang China Light&Textile Industrial City is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Zhejiang China Light&Textile Industrial City has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Zhejiang China Light&Textile Industrial 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.
Does Zhejiang China Light&Textile Industrial City pay dividends monthly?
Zhejiang China Light&Textile Industrial City typically pays dividends on a annually basis.
Does Zhejiang China Light&Textile Industrial City pay dividends quarterly?
Zhejiang China Light&Textile Industrial City currently pays dividends on a annually basis.
Has Zhejiang China Light&Textile Industrial City ever paid a dividend?
Yes, Zhejiang China Light&Textile Industrial City has a history of paying dividends to its shareholders. Zhejiang China Light&Textile Industrial City is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiang China Light&Textile Industrial City dividend stocks?
To buy Zhejiang China Light&Textile Industrial City you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Zhejiang China Light&Textile Industrial City stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Zhejiang China Light&Textile Industrial City pay dividends 2024?
Zhejiang China Light&Textile Industrial City pays dividends on a annually basis. 2024 dividend payments are in 2024-06-14. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Zhejiang China Light&Textile Industrial City increase its dividend in 2024?
Decisions regarding Zhejiang China Light&Textile Industrial City dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Zhejiang China Light&Textile Industrial City dividend overview you can look into the above table of dividend history.
How Zhejiang China Light&Textile Industrial City dividend works?
The Zhejiang China Light&Textile Industrial City dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Zhejiang China Light&Textile Industrial City's dividend process works:
1. Determination of Dividend: Zhejiang China Light&Textile Industrial 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 Light&Textile Industrial 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 Light&Textile Industrial 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 Light&Textile Industrial 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.
How are Zhejiang China Light&Textile Industrial City dividends paid?
Zhejiang China Light&Textile Industrial City dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Zhejiang China Light&Textile Industrial 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 Light&Textile Industrial 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 Light&Textile Industrial 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.
How many times does Zhejiang China Light&Textile Industrial City pay dividends?
Zhejiang China Light&Textile Industrial City typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Zhejiang China Light&Textile Industrial City pay dividends?
The general pattern is that Zhejiang China Light&Textile Industrial City pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Zhejiang China Light&Textile Industrial City dividend safe?
The safety of Zhejiang China Light&Textile Industrial City's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Zhejiang China Light&Textile Industrial 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 Light&Textile Industrial 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.