Zhejiang Longsheng Group Co.,Ltd. primarily engages in the chemical business. Its chemical products comprise textile chemicals; fine chemical intermediates; construction chemicals; and inorganic chemicals. The company also develops, produces, and sells auto parts, such as sideplate, plate, window front shield plate, engine front board and sideboard, longeron back end, front and rear wheel swell, front floor, back floor front component, and back floor foreplate and backplate products; middle and front door, front shroud, back door, and rear side inner plates; and front shroud, back door, and middle and front door shell plates, as well as headers. In addition, it is involved in the provision of logistics services; sale of steel products; development of real estate properties; and finance and stock right investment business. The company sells its products to approximately 50 countries and regions. Zhejiang Longsheng Group Co.,Ltd. was founded in 1970 and is based in Shaoxing, the People's Republic of China.
Zhejiang Longsheng Dividend Announcement
• Zhejiang Longsheng announced a semi annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-10-16. Ex dividend date: 2024-10-16
• Zhejiang Longsheng annual dividend for 2024 was ¥0.45
• Zhejiang Longsheng annual dividend for 2023 was ¥0.25
• Zhejiang Longsheng's trailing twelve-month (TTM) dividend yield is 4.33%
• Zhejiang Longsheng's payout ratio for the trailing twelve months (TTM) is 102.53%
• Zhejiang Longsheng's dividend growth over the last ten years (2013-2023) was 3.93% year
Zhejiang Longsheng Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-16 | ¥0.20 | semi annually | 2024-10-16 |
2024-05-30 | ¥0.25 | semi annually | 2024-05-30 |
2023-07-07 | ¥0.25 | semi annually | 2023-07-07 |
2022-07-07 | ¥0.25 | semi annually | 2022-07-07 |
2021-07-07 | ¥0.25 | semi annually | 2021-07-07 |
2020-07-10 | ¥0.25 | semi annually | 2020-07-10 |
2019-06-06 | ¥0.25 | semi annually | 2019-06-06 |
2018-06-08 | ¥0.25 | semi annually | 2018-06-08 |
2017-06-09 | ¥0.20 | semi annually | 2017-06-09 |
2016-06-08 | ¥0.15 | semi annually | |
2015-06-10 | ¥0.50 | semi annually | |
2014-06-18 | ¥0.27 | semi annually | |
2013-05-17 | ¥0.17 | semi annually |
Zhejiang Longsheng Dividend per year
Zhejiang Longsheng Dividend growth
Zhejiang Longsheng Dividend Yield
Zhejiang Longsheng current trailing twelve-month (TTM) dividend yield is 4.33%. Interested in purchasing Zhejiang Longsheng stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Longsheng Financial Ratios
Zhejiang Longsheng Dividend FAQ
Other factors to consider when evaluating Zhejiang Longsheng 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 Longsheng'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 Longsheng 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 Longsheng 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 Longsheng 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 Longsheng 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 Longsheng 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 Longsheng 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 Longsheng'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 Longsheng'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.