Zhejiang Kingland Pipeline and Technologies Co.,Ltd. manufactures and sells oil and gas pipelines, and civilian pipelines in China. The company's principal products include hot-dip galvanized/black pipes, lined or PE coated GAL pipes, coated pipes, epoxy primer pre-coated hot-dip galvanized pipes, helical submerged-arc welded pipes, high frequency welded pipes, FBE/2PE/3PE coated pipes, PP-R/PE pipes, and fittings, as well as SAWL and HFW pipes. It provides products for use in oil and natural gas transportation pipeline projects, mine slurry and mine powder transportation line pipes, undersea line pipes, heating power pipeline projects, urban water supply and drainage projects, oil well casing pipes, extra high voltage power steel pipe towers, refining pipeline projects, and underground of urban gas steel pipelines. The company also offers 3PP/3PE/FBE coated pipes, internal coated pipes, ERW, PE gas pipes, PE water pipes, PP-R water pipes, and fittings for use in the municipal and architectural water supply and drainage, city gas transportation, rural water irrigation, electric power field, communication field, chemistry industry, medicine field, etc. In addition, it provides submerged arc welded longitudinal pipes for use in media transportation, including land/marine oil, gas, chemical, coal slurry, ore pulp, water, etc., as well as in offshore platform, power plant, chemical industry, building, bridge, structures, and others. It also exports its products to approximately 30 countries. Zhejiang Kingland Pipeline and Technologies Co.,Ltd. was founded in 1993 and is based in Huzhou, China.
Zhejiang Kingland Pipeline and Technologies Dividend Announcement
• Zhejiang Kingland Pipeline and Technologies announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-28
• Zhejiang Kingland Pipeline and Technologies annual dividend for 2024 was ¥0.06
• Zhejiang Kingland Pipeline and Technologies annual dividend for 2023 was ¥0.05
• Zhejiang Kingland Pipeline and Technologies's trailing twelve-month (TTM) dividend yield is 0.93%
• Zhejiang Kingland Pipeline and Technologies's payout ratio for the trailing twelve months (TTM) is 32.66%
• Zhejiang Kingland Pipeline and Technologies's dividend growth over the last five years (2018-2023) was -12.94% year
• Zhejiang Kingland Pipeline and Technologies's dividend growth over the last ten years (2013-2023) was -6.70% year
Zhejiang Kingland Pipeline and Technologies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | ¥0.06 | annually | 2024-06-28 |
2023-07-18 | ¥0.05 | annually | 2023-07-18 |
2022-05-30 | ¥0.40 | annually | 2022-05-30 |
2021-07-08 | ¥0.35 | annually | 2021-07-08 |
2020-07-16 | ¥0.30 | annually | 2020-07-16 |
2019-07-12 | ¥0.20 | annually | 2019-07-12 |
2018-07-11 | ¥0.10 | annually | 2018-07-11 |
2017-07-11 | ¥0.04 | annually | 2017-07-11 |
2016-06-08 | ¥0.10 | annually | |
2015-05-19 | ¥0.10 | annually | |
2014-06-20 | ¥0.08 | annually | |
2013-10-10 | ¥0.10 | annually |
Zhejiang Kingland Pipeline and Technologies Dividend per year
Zhejiang Kingland Pipeline and Technologies Dividend growth
Zhejiang Kingland Pipeline and Technologies Dividend Yield
Zhejiang Kingland Pipeline and Technologies current trailing twelve-month (TTM) dividend yield is 0.93%. Interested in purchasing Zhejiang Kingland Pipeline and Technologies stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Kingland Pipeline and Technologies Financial Ratios
Zhejiang Kingland Pipeline and Technologies Dividend FAQ
Other factors to consider when evaluating Zhejiang Kingland Pipeline and Technologies 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 Kingland Pipeline and Technologies'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 Kingland Pipeline and Technologies 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 Kingland Pipeline and Technologies 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 Kingland Pipeline and Technologies 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 Kingland Pipeline and Technologies 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 Kingland Pipeline and Technologies 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 Kingland Pipeline and Technologies 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 Kingland Pipeline and Technologies'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 Kingland Pipeline and Technologies'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.