Zhejiang Jiuli Hi-Tech Metals Co., Ltd. manufactures and sells stainless steel pipes and tubes worldwide. Its products include austenitic stainless steel pipes/tubes, duplex stainless steel, corrosion and high temperature resistant alloys, ferritic stainless steel, precipitation hardening stainless steel, clad/lined pipes, titanium alloys, and pipe fittings. The company's products are used in civil nuclear power, thermal/hydro electric generation, oil and gas, refinery, chemical, offshore engineering and shipbuilding, seawater desalination and water treatment, natural gas, and instrumentation tubing industries, as well as aerospace, auto, fertilizer, chemical fiber, pulp and paper, food, etc. industries. Zhejiang Jiuli Hi-Tech Metals Co., Ltd. was founded in 1987 and is headquartered in Huzhou, China.
Zhejiang Jiuli Hi-Tech Metals Dividend Announcement
• Zhejiang Jiuli Hi-Tech Metals announced a annually dividend of ¥0.48 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-30
• Zhejiang Jiuli Hi-Tech Metals annual dividend for 2024 was ¥0.48
• Zhejiang Jiuli Hi-Tech Metals annual dividend for 2023 was ¥0.43
• Zhejiang Jiuli Hi-Tech Metals's trailing twelve-month (TTM) dividend yield is 1.9%
• Zhejiang Jiuli Hi-Tech Metals's payout ratio for the trailing twelve months (TTM) is 63.83%
• Zhejiang Jiuli Hi-Tech Metals's dividend growth over the last five years (2018-2023) was 23.45% year
• Zhejiang Jiuli Hi-Tech Metals's dividend growth over the last ten years (2013-2023) was 15.70% year
Zhejiang Jiuli Hi-Tech Metals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-30 | ¥0.48 | annually | 2024-05-30 |
2023-04-21 | ¥0.43 | annually | 2023-04-21 |
2022-05-26 | ¥0.40 | annually | 2022-05-26 |
2021-05-27 | ¥0.38 | annually | 2021-05-27 |
2020-04-30 | ¥0.30 | annually | 2020-04-30 |
2019-04-18 | ¥0.30 | annually | 2019-04-18 |
2018-06-01 | ¥0.15 | annually | 2018-06-01 |
2017-05-16 | ¥0.06 | annually | 2017-05-16 |
2016-05-20 | ¥0.02 | annually | |
2015-04-24 | ¥0.20 | annually | |
2014-05-20 | ¥0.20 | annually | |
2013-04-19 | ¥0.10 | annually |
Zhejiang Jiuli Hi-Tech Metals Dividend per year
Zhejiang Jiuli Hi-Tech Metals Dividend growth
Zhejiang Jiuli Hi-Tech Metals Dividend Yield
Zhejiang Jiuli Hi-Tech Metals current trailing twelve-month (TTM) dividend yield is 1.9%. Interested in purchasing Zhejiang Jiuli Hi-Tech Metals stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Jiuli Hi-Tech Metals Financial Ratios
Zhejiang Jiuli Hi-Tech Metals Dividend FAQ
Other factors to consider when evaluating Zhejiang Jiuli Hi-Tech Metals 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 Jiuli Hi-Tech Metals'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 Jiuli Hi-Tech Metals 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 Jiuli Hi-Tech Metals 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 Jiuli Hi-Tech Metals 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 Jiuli Hi-Tech Metals 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 Jiuli Hi-Tech Metals 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 Jiuli Hi-Tech Metals 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 Jiuli Hi-Tech Metals'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 Jiuli Hi-Tech Metals'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.