Zhejiang Orient Financial Holdings Group Co., Ltd. operates as a foreign trade enterprise in the People's Republic of China. The company exports textile, knitted, and woven garments; and home textile products. It also imports professional equipment; and mechanical and electrical products, such as textile machinery, dyeing, printing, medical treatment, solar energy, and water treatment products, as well as wool, cotton, and textile chemical raw material, including chemical fiber. In addition, the company engages in bulk stock trade. Further, it provides professional service for customers, including export, import, agent purchase, customs declaration, settlement, and logistics services; and financial leasing, assets management, and industrial finance activities. Additionally, the company is involved in the development of real estate properties, such as residential, commercial, education, tourism, and pension properties. The company was formerly known as Zhejiang Orient Holdings Co., Ltd. Zhejiang Orient Financial Holdings Group Co., Ltd. was founded in 1988 and is headquartered in Hangzhou, the People's Republic of China.
Zhejiang Orient Financial Dividend Announcement
• Zhejiang Orient Financial announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2024-06-14. Ex dividend date: 2024-06-14
• Zhejiang Orient Financial annual dividend for 2024 was ¥0.06
• Zhejiang Orient Financial annual dividend for 2023 was ¥0.08
• Zhejiang Orient Financial's trailing twelve-month (TTM) dividend yield is 1.13%
• Zhejiang Orient Financial's payout ratio for the trailing twelve months (TTM) is 115.03%
• Zhejiang Orient Financial's dividend growth over the last five years (2018-2023) was -9.48% year
• Zhejiang Orient Financial's dividend growth over the last ten years (2013-2023) was -10.88% year
Zhejiang Orient Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-14 | ¥0.06 | annually | 2024-06-14 |
2023-05-24 | ¥0.08 | annually | 2023-05-24 |
2022-06-02 | ¥0.06 | annually | 2022-06-02 |
2021-06-09 | ¥0.03 | annually | 2021-06-09 |
2020-05-21 | ¥0.06 | annually | 2020-05-21 |
2019-06-12 | ¥0.10 | annually | 2019-06-12 |
2018-06-28 | ¥0.13 | annually | 2018-06-28 |
2017-05-18 | ¥0.13 | annually | 2017-05-18 |
2016-06-03 | ¥0.12 | annually | |
2015-07-03 | ¥0.12 | annually | |
2014-06-18 | ¥0.36 | annually | |
2013-06-18 | ¥0.25 | annually |
Zhejiang Orient Financial Dividend per year
Zhejiang Orient Financial Dividend growth
Zhejiang Orient Financial Dividend Yield
Zhejiang Orient Financial current trailing twelve-month (TTM) dividend yield is 1.13%. Interested in purchasing Zhejiang Orient Financial stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Orient Financial Financial Ratios
Zhejiang Orient Financial Dividend FAQ
Other factors to consider when evaluating Zhejiang Orient Financial 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 Orient Financial'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 Orient Financial 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 Orient Financial 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 Orient Financial 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 Orient Financial 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 Orient Financial 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 Orient Financial 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 Orient Financial'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 Orient Financial'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.