Zhejiang Golden Eagle Co., Ltd manufactures and sells textile products in China. The company offers knitting, woven clothing, and home textiles; woven knitted apparel; and silk, cashmere, linen, hemp and yarn, and hemp products, as well as other fabrics. It also provides plastic machinery products; die-casting machinery; and food machinery. Further, it develops real estate properties. Zhejiang Golden Eagle Co., Ltd was founded in 1966 and is based in Zhoushan, China.
Zhejiang Golden Eagle Dividend Announcement
• Zhejiang Golden Eagle announced a semi annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-11-28. Ex dividend date: 2024-11-28
• Zhejiang Golden Eagle annual dividend for 2024 was ¥0.25
• Zhejiang Golden Eagle annual dividend for 2023 was ¥0.20
• Zhejiang Golden Eagle's trailing twelve-month (TTM) dividend yield is 2.63%
• Zhejiang Golden Eagle's payout ratio for the trailing twelve months (TTM) is 237.07%
• Zhejiang Golden Eagle's dividend growth over the last five years (2018-2023) was 14.87% year
• Zhejiang Golden Eagle's dividend growth over the last ten years (2013-2023) was 9.60% year
Zhejiang Golden Eagle Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-28 | ¥0.10 | semi annually | 2024-11-28 |
2024-05-13 | ¥0.15 | semi annually | 2024-05-13 |
2023-05-16 | ¥0.20 | semi annually | 2023-05-16 |
2022-05-09 | ¥0.20 | semi annually | 2022-05-09 |
2021-05-25 | ¥0.20 | semi annually | 2021-05-25 |
2020-06-23 | ¥0.20 | semi annually | 2020-06-23 |
2019-06-21 | ¥0.10 | semi annually | 2019-06-21 |
2018-07-06 | ¥0.10 | semi annually | 2018-07-06 |
2017-07-20 | ¥0.10 | semi annually | 2017-07-20 |
2016-06-28 | ¥0.08 | semi annually | |
2015-06-30 | ¥0.08 | semi annually | |
2014-06-25 | ¥0.08 | semi annually | |
2013-06-20 | ¥0.08 | semi annually |
Zhejiang Golden Eagle Dividend per year
Zhejiang Golden Eagle Dividend growth
Zhejiang Golden Eagle Dividend Yield
Zhejiang Golden Eagle current trailing twelve-month (TTM) dividend yield is 2.63%. Interested in purchasing Zhejiang Golden Eagle stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Golden Eagle Financial Ratios
Zhejiang Golden Eagle Dividend FAQ
Other factors to consider when evaluating Zhejiang Golden Eagle 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 Golden Eagle'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 Golden Eagle 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 Golden Eagle 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 Golden Eagle 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 Golden Eagle 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 Golden Eagle 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 Golden Eagle 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 Golden Eagle'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 Golden Eagle'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.