Zhejiang Great Shengda Packaging Co.,Ltd. develops, produces, and sells paper packaging products. It offers color boxes, watermark cartons, preprint products, creative products paper trays and paper corners, and boutique packaging products. The company was founded in 2004 and is headquartered in Hangzhou, China. Zhejiang Great Shengda Packaging Co.,Ltd. operates as a subsidiary of China Shengda Packaging Group Inc.
Zhejiang Great Shengda Packaging Dividend Announcement
• Zhejiang Great Shengda Packaging announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-28 • Zhejiang Great Shengda Packaging annual dividend for 2024 was ¥0.05 • Zhejiang Great Shengda Packaging annual dividend for 2023 was ¥0.03 • Zhejiang Great Shengda Packaging's trailing twelve-month (TTM) dividend yield is 0.65% • Zhejiang Great Shengda Packaging's payout ratio for the trailing twelve months (TTM) is 90.99%
Zhejiang Great Shengda Packaging Dividend per year
Zhejiang Great Shengda Packaging Dividend growth
Zhejiang Great Shengda Packaging Dividend Yield
Zhejiang Great Shengda Packaging current trailing twelve-month (TTM) dividend yield is 0.65%. Interested in purchasing Zhejiang Great Shengda Packaging stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Great Shengda Packaging Financial Ratios
P/E ratio42.67
PEG ratio-15.77
P/B ratio1.25
ROE2.96%
Payout ratio90.99%
Current ratio3.23
Quick ratio2.70
Cash Ratio1.81
Zhejiang Great Shengda Packaging Dividend FAQ
How much is the next Zhejiang Great Shengda Packaging dividend?
Zhejiang Great Shengda Packaging'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 Great Shengda Packaging dividend. The next Zhejiang Great Shengda Packaging dividend will be released in June.
When is Zhejiang Great Shengda Packaging dividend paid?
Zhejiang Great Shengda Packaging pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Great Shengda Packaging pay?
The specific amount of Zhejiang Great Shengda Packaging 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 Great Shengda Packaging's dividend history.
Does Zhejiang Great Shengda Packaging stock pay dividends?
Yes, Zhejiang Great Shengda Packaging 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 Great Shengda Packaging's dividend history.
How much dividend does Zhejiang Great Shengda Packaging pay?
Zhejiang Great Shengda Packaging paid ¥0.049 in 2024, ¥0.025 in 2023, ¥0.024 in 2022, ¥0.068 in 2021, and ¥0.026 in 2020.
How often does Zhejiang Great Shengda Packaging pay dividends?
Zhejiang Great Shengda Packaging 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 June.
What is Zhejiang Great Shengda Packaging's dividend yield?
The current dividend yield for Zhejiang Great Shengda Packaging is 0.65%. 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 Great Shengda Packaging's exact dividend yield.
When does Zhejiang Great Shengda Packaging go ex dividend?
Zhejiang Great Shengda Packaging's ex-dividend date for the latest dividend was on 2024-06-28. Zhejiang Great Shengda Packaging 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 Great Shengda Packaging dividend paid?
Zhejiang Great Shengda Packaging pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Zhejiang Great Shengda Packaging 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 Great Shengda Packaging 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 Great Shengda Packaging dividend per share?
Zhejiang Great Shengda Packaging paid ¥0.049 per share in 2024 and ¥0.025 per share in 2023. The amount of dividend per share that Zhejiang Great Shengda Packaging 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 Great Shengda Packaging 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 Great Shengda Packaging 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 Great Shengda Packaging a dividend stock?
Yes, Zhejiang Great Shengda Packaging is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhejiang Great Shengda Packaging a good dividend stock?
Whether Zhejiang Great Shengda Packaging 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 Great Shengda Packaging has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Zhejiang Great Shengda Packaging 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 Great Shengda Packaging pay dividends monthly?
Zhejiang Great Shengda Packaging typically pays dividends on a annually basis.
Does Zhejiang Great Shengda Packaging pay dividends quarterly?
Zhejiang Great Shengda Packaging currently pays dividends on a annually basis.
Has Zhejiang Great Shengda Packaging ever paid a dividend?
Yes, Zhejiang Great Shengda Packaging has a history of paying dividends to its shareholders. Zhejiang Great Shengda Packaging is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiang Great Shengda Packaging dividend stocks?
To buy Zhejiang Great Shengda Packaging 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 Great Shengda Packaging 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 Great Shengda Packaging pay dividends 2024?
Zhejiang Great Shengda Packaging pays dividends on a annually basis. 2024 dividend payments are in 2024-06-28. 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 Great Shengda Packaging increase its dividend in 2024?
Decisions regarding Zhejiang Great Shengda Packaging 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 Great Shengda Packaging dividend overview you can look into the above table of dividend history.
How Zhejiang Great Shengda Packaging dividend works?
The Zhejiang Great Shengda Packaging 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 Great Shengda Packaging's dividend process works:
1. Determination of Dividend: Zhejiang Great Shengda Packaging'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 Great Shengda Packaging 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 Great Shengda Packaging 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 Great Shengda Packaging 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 Great Shengda Packaging dividends paid?
Zhejiang Great Shengda Packaging dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Zhejiang Great Shengda Packaging 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 Great Shengda Packaging 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 Great Shengda Packaging 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 Great Shengda Packaging pay dividends?
Zhejiang Great Shengda Packaging 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 Great Shengda Packaging pay dividends?
The general pattern is that Zhejiang Great Shengda Packaging pays dividends around June. 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 Great Shengda Packaging dividend safe?
The safety of Zhejiang Great Shengda Packaging'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 Great Shengda Packaging'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 Great Shengda Packaging'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.