Zhejiang Chint Electrics Co., Ltd., through its subsidiaries, develops and sells low-voltage electrical products in China. It offers modular DIN rail products, molded case circuit breaker, air circuit breakers, contactors, thermal relays, starters, pilot devices, inverters and soft-starters, relays, LV capacitors, switch disconnectors, fuse-switch disconnectors, changeover switches, travel switches, universal changeover switches, and connection terminals, as well as low voltage VT, AVR, CT, and PT products. The company also provides power transformers, gas insulated switchgears, HV air-insulated switchgears, prefabricated substations, MV and LV switchgears, MV apparatus, power protection devices, HV and LV busways, surge arresters, capacitors, insulators, CT and PT products, and cables; monitoring, gas, and electricity meters; wall switches and LED lights; PV modules, grid-tied PV inverters, system products, and monitoring systems; and electronic parts, horns, and distributed control systems. In addition, it offers solar and metering solutions. The company was founded in 1984 and is based in Yueqing, China.
Zhejiang Chint Electrics Dividend Announcement
• Zhejiang Chint Electrics announced a annually dividend of ¥0.55 per ordinary share which will be made payable on 2024-06-27. Ex dividend date: 2024-06-27
• Zhejiang Chint Electrics annual dividend for 2024 was ¥0.55
• Zhejiang Chint Electrics annual dividend for 2023 was ¥0.40
• Zhejiang Chint Electrics's trailing twelve-month (TTM) dividend yield is 2.36%
• Zhejiang Chint Electrics's payout ratio for the trailing twelve months (TTM) is 57.00%
• Zhejiang Chint Electrics's dividend growth over the last five years (2018-2023) was -14.97% year
• Zhejiang Chint Electrics's dividend growth over the last ten years (2013-2023) was -6.33% year
Zhejiang Chint Electrics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-27 | ¥0.55 | annually | 2024-06-27 |
2023-07-13 | ¥0.40 | annually | 2023-07-13 |
2022-07-19 | ¥0.40 | annually | 2022-07-19 |
2021-07-07 | ¥0.50 | annually | 2021-07-07 |
2020-06-24 | ¥0.50 | annually | 2020-06-24 |
2019-07-11 | ¥0.60 | annually | 2019-07-11 |
2018-09-27 | ¥0.20 | annually | 2018-09-27 |
2018-06-15 | ¥0.70 | annually | 2018-06-15 |
2017-06-21 | ¥0.30 | annually | 2017-06-21 |
2016-09-14 | ¥0.30 | annually | |
2016-05-24 | ¥0.20 | annually | |
2015-10-14 | ¥0.60 | annually | |
2015-05-21 | ¥0.23 | annually | |
2014-09-30 | ¥0.38 | annually | |
2014-04-29 | ¥0.46 | annually | |
2013-09-26 | ¥0.31 | annually | |
2013-05-06 | ¥0.46 | annually |
Zhejiang Chint Electrics Dividend per year
Zhejiang Chint Electrics Dividend growth
Zhejiang Chint Electrics Dividend Yield
Zhejiang Chint Electrics current trailing twelve-month (TTM) dividend yield is 2.36%. Interested in purchasing Zhejiang Chint Electrics stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Chint Electrics Financial Ratios
Zhejiang Chint Electrics Dividend FAQ
Other factors to consider when evaluating Zhejiang Chint Electrics 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 Chint Electrics'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 Chint Electrics 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 Chint Electrics 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 Chint Electrics 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 Chint Electrics 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 Chint Electrics 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 Chint Electrics 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 Chint Electrics'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 Chint Electrics'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.