Zhejiang Hangmin Co.,Ltd, together with its subsidiaries, engages in the textile printing and dyeing activities in China. The company offers corduroy, cotton, stretch cotton, shirting, and linen fabrics; and non-woven fabrics, fiber blended fabrics, facsimile fabrics, printed fabrics, etc. It is also involved in the thermoelectric, logistics, and sewage treatment activities. The company exports its products to Southeast Asia, the Middle East, North America, the European Union, Hong Kong, Macao, and internationally. Zhejiang Hangmin Co.,Ltd was founded in 1998 and is based in Hangzhou, China.
Zhejiang Hangmin Dividend Announcement
• Zhejiang Hangmin announced a annually dividend of ¥0.30 per ordinary share which will be made payable on 2024-05-17. Ex dividend date: 2024-05-17
• Zhejiang Hangmin annual dividend for 2024 was ¥0.30
• Zhejiang Hangmin annual dividend for 2023 was ¥0.30
• Zhejiang Hangmin's trailing twelve-month (TTM) dividend yield is 4.0%
• Zhejiang Hangmin's payout ratio for the trailing twelve months (TTM) is 96.34%
• Zhejiang Hangmin's dividend growth over the last five years (2018-2023) was 5.16% year
• Zhejiang Hangmin's dividend growth over the last ten years (2013-2023) was 4.14% year
Zhejiang Hangmin Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-17 | ¥0.30 | annually | 2024-05-17 |
2023-05-31 | ¥0.30 | annually | 2023-05-31 |
2022-06-09 | ¥0.30 | annually | 2022-06-09 |
2021-06-07 | ¥0.20 | annually | 2021-06-07 |
2020-05-28 | ¥0.22 | annually | 2020-05-28 |
2019-05-17 | ¥0.28 | annually | 2019-05-17 |
2018-05-18 | ¥0.23 | annually | 2018-05-18 |
2017-06-02 | ¥0.22 | annually | 2017-06-02 |
2016-05-19 | ¥0.19 | annually | |
2015-05-15 | ¥0.17 | annually | |
2014-05-09 | ¥0.17 | annually | |
2013-06-17 | ¥0.20 | annually |
Zhejiang Hangmin Dividend per year
Zhejiang Hangmin Dividend growth
Zhejiang Hangmin Dividend Yield
Zhejiang Hangmin current trailing twelve-month (TTM) dividend yield is 4.0%. Interested in purchasing Zhejiang Hangmin stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Hangmin Financial Ratios
Zhejiang Hangmin Dividend FAQ
Other factors to consider when evaluating Zhejiang Hangmin 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 Hangmin'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 Hangmin 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 Hangmin 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 Hangmin 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 Hangmin 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 Hangmin 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 Hangmin 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 Hangmin'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 Hangmin'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.