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Zhejiang Oceanking Development Co., Ltd. engages in the research, development, production, and sale of chlor-alkali-related products. It offers liquid caustic soda; liquid alkali, liquid chlorine, chlorinated paraffin, sodium hypochlorite, hydrochloric acid, and hydrogen chloride gas; and methyl isobutyl ketone, diisobutyl ketone, and methyl isobutyl ketone products. The company was founded in 2004 and is based in Ningbo, China.

Zhejiang Oceanking Development Dividend Announcement

Zhejiang Oceanking Development announced a annually dividend of ¥0.28 per ordinary share which will be made payable on 2024-05-28. Ex dividend date: 2024-05-28
Zhejiang Oceanking Development annual dividend for 2024 was ¥0.28
Zhejiang Oceanking Development annual dividend for 2023 was ¥0.43
Zhejiang Oceanking Development's trailing twelve-month (TTM) dividend yield is 3.18%
Zhejiang Oceanking Development's payout ratio for the trailing twelve months (TTM) is 117.85%

Zhejiang Oceanking Development Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-28¥0.28annually2024-05-28
2023-05-26¥0.43annually2023-05-26
2022-05-30¥0.58annually2022-05-30

Zhejiang Oceanking Development Dividend per year

Zhejiang Oceanking Development Dividend growth

Zhejiang Oceanking Development Dividend Yield

Zhejiang Oceanking Development current trailing twelve-month (TTM) dividend yield is 3.18%. Interested in purchasing Zhejiang Oceanking Development stock? Use our calculator to estimate your expected dividend yield:

Zhejiang Oceanking Development Financial Ratios

P/E ratio14.42
PEG ratio0.67
P/B ratio2.08
ROE14.81%
Payout ratio117.85%
Current ratio1.32
Quick ratio1.03
Cash Ratio0.27

Zhejiang Oceanking Development Dividend FAQ

How much is the next Zhejiang Oceanking Development dividend?
Zhejiang Oceanking Development's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Zhejiang Oceanking Development dividend. The next Zhejiang Oceanking Development dividend will be released in May.
When is Zhejiang Oceanking Development dividend paid?
Zhejiang Oceanking Development pays dividends on a annually basis. The specific dates may vary each year but are generally around May. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Zhejiang Oceanking Development pay?
The specific amount of Zhejiang Oceanking Development dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Zhejiang Oceanking Development's dividend history.
Does Zhejiang Oceanking Development stock pay dividends?
Yes, Zhejiang Oceanking Development does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Zhejiang Oceanking Development's dividend history.
How much dividend does Zhejiang Oceanking Development pay?
Zhejiang Oceanking Development paid ¥0.282 in 2024, ¥0.432 in 2023, ¥0.576 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Zhejiang Oceanking Development pay dividends?
Zhejiang Oceanking Development typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is Zhejiang Oceanking Development's dividend yield?
The current dividend yield for Zhejiang Oceanking Development is 3.18%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Zhejiang Oceanking Development's exact dividend yield.
When does Zhejiang Oceanking Development go ex dividend?
Zhejiang Oceanking Development's ex-dividend date for the latest dividend was on 2024-05-28. Zhejiang Oceanking Development typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Zhejiang Oceanking Development dividend paid?
Zhejiang Oceanking Development pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Zhejiang Oceanking Development increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Zhejiang Oceanking Development will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Zhejiang Oceanking Development dividend per share?
Zhejiang Oceanking Development paid ¥0.282 per share in 2024 and ¥0.432 per share in 2023. The amount of dividend per share that Zhejiang Oceanking Development pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Zhejiang Oceanking Development a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Zhejiang Oceanking Development a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Zhejiang Oceanking Development a dividend stock?
Yes, Zhejiang Oceanking Development is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhejiang Oceanking Development a good dividend stock?
Whether Zhejiang Oceanking Development is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Zhejiang Oceanking Development has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Zhejiang Oceanking Development 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.
Does Zhejiang Oceanking Development pay dividends monthly?
Zhejiang Oceanking Development typically pays dividends on a annually basis.
Does Zhejiang Oceanking Development pay dividends quarterly?
Zhejiang Oceanking Development currently pays dividends on a annually basis.
Has Zhejiang Oceanking Development ever paid a dividend?
Yes, Zhejiang Oceanking Development has a history of paying dividends to its shareholders. Zhejiang Oceanking Development is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiang Oceanking Development dividend stocks?
To buy Zhejiang Oceanking Development you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Zhejiang Oceanking Development stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Zhejiang Oceanking Development pay dividends 2024?
Zhejiang Oceanking Development pays dividends on a annually basis. 2024 dividend payments are in 2024-05-28. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Zhejiang Oceanking Development increase its dividend in 2024?
Decisions regarding Zhejiang Oceanking Development dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Zhejiang Oceanking Development dividend overview you can look into the above table of dividend history.
How Zhejiang Oceanking Development dividend works?
The Zhejiang Oceanking Development dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Zhejiang Oceanking Development's dividend process works:

1. Determination of Dividend: Zhejiang Oceanking Development'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 Oceanking Development 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 Oceanking Development 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 Oceanking Development 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.
How are Zhejiang Oceanking Development dividends paid?
Zhejiang Oceanking Development dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Zhejiang Oceanking Development 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 Oceanking Development 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 Oceanking Development 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.
How many times does Zhejiang Oceanking Development pay dividends?
Zhejiang Oceanking Development typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Zhejiang Oceanking Development pay dividends?
The general pattern is that Zhejiang Oceanking Development pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Zhejiang Oceanking Development dividend safe?
The safety of Zhejiang Oceanking Development's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Zhejiang Oceanking Development'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 Oceanking Development'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.