Zhejiang Runtu Co., Ltd. produces and sells dyes in China. It provides approximately 300 types of chemicals in dye, pigment, and additive categories. The company offers disperse, reactive, direct, blend, cationic, and vat dyes; and chemical intermediate products, textile auxiliaries, sulfuric acid, chlor-alkali, and hydrogen peroxide. The company also sells its products in the Southeast Asia, the Middle East, Europe, and the United States. The company was founded in 1986 and is based in Shangyu, China.
Zhejiang Runtu Dividend Announcement
• Zhejiang Runtu announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-06-26. Ex dividend date: 2024-06-26
• Zhejiang Runtu annual dividend for 2024 was ¥0.15
• Zhejiang Runtu annual dividend for 2023 was ¥0.25
• Zhejiang Runtu's trailing twelve-month (TTM) dividend yield is 2.16%
• Zhejiang Runtu's payout ratio for the trailing twelve months (TTM) is 467.40%
• Zhejiang Runtu's dividend growth over the last five years (2018-2023) was -11.09% year
• Zhejiang Runtu's dividend growth over the last ten years (2013-2023) was -4.59% year
Zhejiang Runtu Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-26 | ¥0.15 | annually | 2024-06-26 |
2023-06-20 | ¥0.25 | annually | 2023-06-20 |
2022-06-16 | ¥0.35 | annually | 2022-06-16 |
2021-06-17 | ¥0.35 | annually | 2021-06-17 |
2020-06-24 | ¥0.35 | annually | 2020-06-24 |
2019-06-06 | ¥0.50 | annually | 2019-06-06 |
2018-06-19 | ¥0.45 | annually | 2018-06-19 |
2017-06-29 | ¥0.35 | annually | 2017-06-29 |
2016-06-28 | ¥0.40 | annually | |
2015-06-19 | ¥0.55 | annually | |
2014-07-09 | ¥0.35 | annually | |
2013-07-18 | ¥0.40 | annually |
Zhejiang Runtu Dividend per year
Zhejiang Runtu Dividend growth
Zhejiang Runtu Dividend Yield
Zhejiang Runtu current trailing twelve-month (TTM) dividend yield is 2.16%. Interested in purchasing Zhejiang Runtu stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Runtu Financial Ratios
Zhejiang Runtu Dividend FAQ
Other factors to consider when evaluating Zhejiang Runtu 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 Runtu'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 Runtu 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 Runtu 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 Runtu 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 Runtu 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 Runtu 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 Runtu 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 Runtu'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 Runtu'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.