Zhejiang Red Dragonfly Footwear Co., Ltd. manufactures and sells shoes for men, women, and children in China. It also offers accessories and shoe care products. The company sells its products under the Red Dragonfly brand name. It also offers its products online. Zhejiang Red Dragonfly Footwear Co., Ltd. was founded in 1995 and is headquartered in Wenzhou, China.
Zhejiang Red Dragonfly Footwear Dividend Announcement
• Zhejiang Red Dragonfly Footwear announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-07-02. Ex dividend date: 2024-07-02 • Zhejiang Red Dragonfly Footwear annual dividend for 2024 was ¥0.20 • Zhejiang Red Dragonfly Footwear annual dividend for 2023 was ¥0.35 • Zhejiang Red Dragonfly Footwear's trailing twelve-month (TTM) dividend yield is 4.13% • Zhejiang Red Dragonfly Footwear's payout ratio for the trailing twelve months (TTM) is -610.37% • Zhejiang Red Dragonfly Footwear's dividend growth over the last five years (2018-2023) was -2.64% year
Zhejiang Red Dragonfly Footwear current trailing twelve-month (TTM) dividend yield is 4.13%. Interested in purchasing Zhejiang Red Dragonfly Footwear stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Red Dragonfly Footwear Financial Ratios
P/E ratio-322.48
PEG ratio75.25
P/B ratio0.96
ROE-0.29%
Payout ratio-610.37%
Current ratio2.93
Quick ratio2.29
Cash Ratio1.28
Zhejiang Red Dragonfly Footwear Dividend FAQ
How much is the next Zhejiang Red Dragonfly Footwear dividend?
Zhejiang Red Dragonfly Footwear'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 Red Dragonfly Footwear dividend. The next Zhejiang Red Dragonfly Footwear dividend will be released in July.
When is Zhejiang Red Dragonfly Footwear dividend paid?
Zhejiang Red Dragonfly Footwear pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Red Dragonfly Footwear pay?
The specific amount of Zhejiang Red Dragonfly Footwear 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 Red Dragonfly Footwear's dividend history.
Does Zhejiang Red Dragonfly Footwear stock pay dividends?
Yes, Zhejiang Red Dragonfly Footwear 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 Red Dragonfly Footwear's dividend history.
How much dividend does Zhejiang Red Dragonfly Footwear pay?
Zhejiang Red Dragonfly Footwear paid ¥0.2 in 2024, ¥0.35 in 2023, ¥0.25 in 2022, ¥0.27 in 2021, and ¥0.18 in 2020.
How often does Zhejiang Red Dragonfly Footwear pay dividends?
Zhejiang Red Dragonfly Footwear 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 July.
What is Zhejiang Red Dragonfly Footwear's dividend yield?
The current dividend yield for Zhejiang Red Dragonfly Footwear is 4.13%. 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 Red Dragonfly Footwear's exact dividend yield.
When does Zhejiang Red Dragonfly Footwear go ex dividend?
Zhejiang Red Dragonfly Footwear's ex-dividend date for the latest dividend was on 2024-07-02. Zhejiang Red Dragonfly Footwear 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 Red Dragonfly Footwear dividend paid?
Zhejiang Red Dragonfly Footwear pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Zhejiang Red Dragonfly Footwear 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 Red Dragonfly Footwear 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 Red Dragonfly Footwear dividend per share?
Zhejiang Red Dragonfly Footwear paid ¥0.2 per share in 2024 and ¥0.35 per share in 2023. The amount of dividend per share that Zhejiang Red Dragonfly Footwear 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 Red Dragonfly Footwear 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 Red Dragonfly Footwear 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 Red Dragonfly Footwear a dividend stock?
Yes, Zhejiang Red Dragonfly Footwear is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhejiang Red Dragonfly Footwear a good dividend stock?
Whether Zhejiang Red Dragonfly Footwear 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 Red Dragonfly Footwear has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Zhejiang Red Dragonfly Footwear 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 Red Dragonfly Footwear pay dividends monthly?
Zhejiang Red Dragonfly Footwear typically pays dividends on a annually basis.
Does Zhejiang Red Dragonfly Footwear pay dividends quarterly?
Zhejiang Red Dragonfly Footwear currently pays dividends on a annually basis.
Has Zhejiang Red Dragonfly Footwear ever paid a dividend?
Yes, Zhejiang Red Dragonfly Footwear has a history of paying dividends to its shareholders. Zhejiang Red Dragonfly Footwear is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiang Red Dragonfly Footwear dividend stocks?
To buy Zhejiang Red Dragonfly Footwear 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 Red Dragonfly Footwear 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 Red Dragonfly Footwear pay dividends 2024?
Zhejiang Red Dragonfly Footwear pays dividends on a annually basis. 2024 dividend payments are in 2024-07-02. 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 Red Dragonfly Footwear increase its dividend in 2024?
Decisions regarding Zhejiang Red Dragonfly Footwear 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 Red Dragonfly Footwear dividend overview you can look into the above table of dividend history.
How Zhejiang Red Dragonfly Footwear dividend works?
The Zhejiang Red Dragonfly Footwear 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 Red Dragonfly Footwear's dividend process works:
1. Determination of Dividend: Zhejiang Red Dragonfly Footwear'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 Red Dragonfly Footwear 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 Red Dragonfly Footwear 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 Red Dragonfly Footwear 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 Red Dragonfly Footwear dividends paid?
Zhejiang Red Dragonfly Footwear dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Zhejiang Red Dragonfly Footwear 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 Red Dragonfly Footwear 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 Red Dragonfly Footwear 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 Red Dragonfly Footwear pay dividends?
Zhejiang Red Dragonfly Footwear 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 Red Dragonfly Footwear pay dividends?
The general pattern is that Zhejiang Red Dragonfly Footwear pays dividends around July. 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 Red Dragonfly Footwear dividend safe?
The safety of Zhejiang Red Dragonfly Footwear'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 Red Dragonfly Footwear'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 Red Dragonfly Footwear'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.