Zhejiang Huayou Cobalt Co., Ltd engages in the research, development, manufacture, and sale of lithium battery materials and cobalt materials in China and internationally. The company's products include battery grade cobalt tetroxide and cobalt sulfate, and cobalt oxide; electrodeposited copper and copper oxide; cobalt trioxide, cobalt cathode, cobalt hydroxide battery grade, iron phosphate, and ferric phosphate; and Li carbonic acid and ternary precursors. Its products are used for Li-ion battery cathode material, high temperature alloy for aviation and aerospace, cemented carbide, colorant and glaze material, rubber adhesive, petrochemical catalysts, magnetic materials, glass, as well as used in the manufacture of dyes, paint, anti-wrinkle, and fireworks. The company was founded in 2002 and is headquartered in Tongxiang, China.
Zhejiang Huayou Cobalt Dividend Announcement
• Zhejiang Huayou Cobalt announced a annually dividend of ¥1.00 per ordinary share which will be made payable on 2024-06-17. Ex dividend date: 2024-06-17
• Zhejiang Huayou Cobalt annual dividend for 2024 was ¥1.00
• Zhejiang Huayou Cobalt annual dividend for 2023 was ¥0.20
• Zhejiang Huayou Cobalt 's trailing twelve-month (TTM) dividend yield is 3.13%
• Zhejiang Huayou Cobalt 's payout ratio for the trailing twelve months (TTM) is 129.43%
Zhejiang Huayou Cobalt Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-17 | ¥1.00 | annually | 2024-06-17 |
2023-06-01 | ¥0.20 | annually | 2023-06-01 |
2022-06-08 | ¥0.30 | annually | 2022-06-08 |
2021-05-28 | ¥0.20 | annually | 2021-05-28 |
2019-06-12 | ¥0.08 | annually | 2019-06-12 |
2018-07-10 | ¥0.50 | annually | 2018-07-10 |
2015-07-08 | ¥0.10 | annually |
Zhejiang Huayou Cobalt Dividend per year
Zhejiang Huayou Cobalt Dividend growth
Zhejiang Huayou Cobalt Dividend Yield
Zhejiang Huayou Cobalt current trailing twelve-month (TTM) dividend yield is 3.13%. Interested in purchasing Zhejiang Huayou Cobalt stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Huayou Cobalt Financial Ratios
Zhejiang Huayou Cobalt Dividend FAQ
Other factors to consider when evaluating Zhejiang Huayou Cobalt 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 Huayou Cobalt '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 Huayou Cobalt 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 Huayou Cobalt 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 Huayou Cobalt 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 Huayou Cobalt 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 Huayou Cobalt 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 Huayou Cobalt 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 Huayou Cobalt '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 Huayou Cobalt '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.