Zhejiang Dafeng Industrial Co., Ltd. operates in the smart stage, lighting, sound, decoration, seating, and construction fields. It provides stage machinery; lighting systems for theaters, concert halls, studios, TV broadcasts, stadiums, etc.; sound systems for the conferences, art performances, small and medium-sized musicals, TV variety shows, and art rehearsals, as well as for performances of operas and concerts; video systems; and safety control systems for various theaters, shows, studios, and stage machinery for a special performances. The company also offers acoustic decoration services for cultural centers, theaters, concert halls, radio and television centers, recording studios, gymnasiums, multi-purpose halls, and other places; architectural decoration services; and activity stands and public seats for TV studios, multi-purpose halls, stadiums, convention centers, lecture halls, and other places. In addition, it constructs cultural and sports projects; and offers rail vehicle interior products and seats. The company serves cultural and sports industry in China and internationally. Zhejiang Dafeng Industrial Co., Ltd. was founded in 1991 and is based in Yuyao, China.
Zhejiang Dafeng Industry Dividend Announcement
• Zhejiang Dafeng Industry announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-07-04. Ex dividend date: 2024-07-04
• Zhejiang Dafeng Industry annual dividend for 2024 was ¥0.05
• Zhejiang Dafeng Industry annual dividend for 2023 was ¥0.15
• Zhejiang Dafeng Industry 's trailing twelve-month (TTM) dividend yield is 0.48%
• Zhejiang Dafeng Industry 's payout ratio for the trailing twelve months (TTM) is 383.98%
• Zhejiang Dafeng Industry 's dividend growth over the last five years (2018-2023) was 4.56% year
Zhejiang Dafeng Industry Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-04 | ¥0.05 | annually | 2024-07-04 |
2023-06-15 | ¥0.15 | annually | 2023-06-15 |
2022-06-15 | ¥0.20 | annually | 2022-06-15 |
2021-06-10 | ¥0.15 | annually | 2021-06-10 |
2020-06-12 | ¥0.12 | annually | 2020-06-12 |
2019-06-14 | ¥0.12 | annually | 2019-06-14 |
2018-06-14 | ¥0.12 | annually | 2018-06-14 |
Zhejiang Dafeng Industry Dividend per year
Zhejiang Dafeng Industry Dividend growth
Zhejiang Dafeng Industry Dividend Yield
Zhejiang Dafeng Industry current trailing twelve-month (TTM) dividend yield is 0.48%. Interested in purchasing Zhejiang Dafeng Industry stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Dafeng Industry Financial Ratios
Zhejiang Dafeng Industry Dividend FAQ
Other factors to consider when evaluating Zhejiang Dafeng Industry 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 Dafeng Industry '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 Dafeng Industry 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 Dafeng Industry 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 Dafeng Industry 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 Dafeng Industry 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 Dafeng Industry 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 Dafeng Industry 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 Dafeng Industry '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 Dafeng Industry '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.