Zhejiang Dayuan Pumps Industry Co., Ltd research, develops, manufactures, and sells water pumps under the Dayuan and Xinhu names in China. The company offers various agricultural water pumps, household water pumps, pumps for engineering construction, submersible pumps, deep well pumps, surface pumps, and multistage pumps, as well as technical support and product services. Its products are used in various fields, such as military, chemical, metallurgy, nuclear power, EMU, central air conditioning unit, etc. It operates through a network of approximately 2,000 service outlets. The company also exports its products to 57 countries and regions comprising Korea, Southeast Asia, Europe, the Middle East, and South America. Zhejiang Dayuan Pumps Industry Co., Ltd was founded in 1990 and is based in Taizhou, China.
Zhejiang Dayuan Pumps Industry Dividend Announcement
• Zhejiang Dayuan Pumps Industry announced a semi annually dividend of ¥0.50 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-10-21
• Zhejiang Dayuan Pumps Industry annual dividend for 2024 was ¥1.50
• Zhejiang Dayuan Pumps Industry annual dividend for 2023 was ¥0.90
• Zhejiang Dayuan Pumps Industry 's trailing twelve-month (TTM) dividend yield is 7.63%
• Zhejiang Dayuan Pumps Industry 's payout ratio for the trailing twelve months (TTM) is 137.13%
• Zhejiang Dayuan Pumps Industry 's dividend growth over the last five years (2018-2023) was 6.72% year
Zhejiang Dayuan Pumps Industry Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-21 | ¥0.50 | semi annually | 2024-10-21 |
2024-06-20 | ¥1.00 | semi annually | 2024-06-20 |
2023-10-20 | ¥0.20 | semi annually | 2023-10-20 |
2023-05-29 | ¥0.70 | semi annually | 2023-05-29 |
2022-06-24 | ¥0.35 | semi annually | 2022-06-24 |
2021-06-10 | ¥1.00 | semi annually | 2021-06-10 |
2020-07-28 | ¥0.50 | semi annually | 2020-07-28 |
2019-05-17 | ¥0.45 | semi annually | 2019-05-17 |
2018-05-17 | ¥0.65 | semi annually | 2018-05-17 |
Zhejiang Dayuan Pumps Industry Dividend per year
Zhejiang Dayuan Pumps Industry Dividend growth
Zhejiang Dayuan Pumps Industry Dividend Yield
Zhejiang Dayuan Pumps Industry current trailing twelve-month (TTM) dividend yield is 7.63%. Interested in purchasing Zhejiang Dayuan Pumps Industry stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Dayuan Pumps Industry Financial Ratios
Zhejiang Dayuan Pumps Industry Dividend FAQ
Other factors to consider when evaluating Zhejiang Dayuan Pumps 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 Dayuan Pumps 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 Dayuan Pumps 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 Dayuan Pumps 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 Dayuan Pumps 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 Dayuan Pumps 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 Dayuan Pumps 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 Dayuan Pumps 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 Dayuan Pumps 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 Dayuan Pumps 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.