Zhejiang NHU Company Ltd. engages in the production and sale of nutritional products, flavor and fragrances, new polymer materials, and APIs in China. The company offers nutrition products, such as vitamin E, vitamin A, vitamin C, DL-Methionine, vitamin D3, biotin, coenzyme Q10, carotenoids, etc. for used in feed additives, and nutrition supplements of food, beverages, health food, etc.; and flavor and fragrance products comprising linalool series, citral series, cis-3-hexenol series, methyl dihydrojasmonate, raspberry ketone, and ligustral for used in personal care, cosmetic, and food fields. It also provides polymer materials, including polyphenylene sulfide and poly phthalamide for used in electronic and electrical, automotive, environmental protection, etc.; and APIs, such as moxifloxacin hydrochloride, vitamin A, vitamin D3, etc. to use as active pharmaceutical ingredients for processing and producing pharmaceutical preparations. The company was incorporated in 1999 and is based in Xinchang, China.
Zhejiang NHU Dividend Announcement
• Zhejiang NHU announced a annually dividend of ¥0.45 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-29
• Zhejiang NHU annual dividend for 2024 was ¥0.45
• Zhejiang NHU annual dividend for 2023 was ¥0.50
• Zhejiang NHU's trailing twelve-month (TTM) dividend yield is 1.91%
• Zhejiang NHU's payout ratio for the trailing twelve months (TTM) is 67.92%
• Zhejiang NHU's dividend growth over the last five years (2018-2023) was -6.51% year
Zhejiang NHU Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-29 | ¥0.45 | annually | 2024-05-29 |
2023-06-14 | ¥0.50 | annually | 2023-06-14 |
2022-05-25 | ¥0.70 | annually | 2022-05-25 |
2021-05-19 | ¥0.58 | annually | 2021-05-19 |
2020-06-17 | ¥0.42 | annually | 2020-06-17 |
2019-07-12 | ¥0.58 | annually | 2019-07-12 |
2018-05-30 | ¥0.70 | annually | 2018-05-30 |
2017-06-09 | ¥0.60 | annually | 2017-06-09 |
2016-06-08 | ¥0.20 | annually | |
2015-06-18 | ¥0.35 | annually | |
2014-05-16 | ¥0.50 | annually | |
2013-05-09 | ¥0.50 | annually |
Zhejiang NHU Dividend per year
Zhejiang NHU Dividend growth
Zhejiang NHU Dividend Yield
Zhejiang NHU current trailing twelve-month (TTM) dividend yield is 1.91%. Interested in purchasing Zhejiang NHU stock? Use our calculator to estimate your expected dividend yield:
Zhejiang NHU Financial Ratios
Zhejiang NHU Dividend FAQ
Other factors to consider when evaluating Zhejiang NHU 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 NHU'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 NHU 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 NHU 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 NHU 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 NHU 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 NHU 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 NHU 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 NHU'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 NHU'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.