Zhejiang Southeast Space Frame Co., Ltd. designs, manufactures, and installs steel structures worldwide. The company engages in the construction steel structure; steel, machinery and equipment, instrumentation, spare parts, and technology import businesses; investment businesses; real estate; material; and medical services-related areas of investment, hospital management, medical technology development, health management consulting, training and education, rehabilitation care, elderly services, supply chain management services, and medical institutions property management. It is also involved in the production of hot-dip galvanized coils, cold-rolled steel coils, and high-quality carbon steel coils for home appliances, automobiles, new energy, hardware, decoration, construction, and other industries. The company was formerly known as Zhejiang Southeast Space Frame Group Co., Ltd and changed its name to Zhejiang Southeast Space Frame Co., Ltd. Zhejiang Southeast Space Frame Co., Ltd. was founded in 1984 and is headquartered in Hangzhou, China.
Zhejiang Southeast Space Frame Dividend Announcement
• Zhejiang Southeast Space Frame announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-30
• Zhejiang Southeast Space Frame annual dividend for 2024 was ¥0.10
• Zhejiang Southeast Space Frame annual dividend for 2023 was ¥0.10
• Zhejiang Southeast Space Frame's trailing twelve-month (TTM) dividend yield is 2.15%
• Zhejiang Southeast Space Frame's payout ratio for the trailing twelve months (TTM) is 142.07%
• Zhejiang Southeast Space Frame's dividend growth over the last five years (2018-2023) was 52.81% year
• Zhejiang Southeast Space Frame's dividend growth over the last ten years (2013-2023) was 20.89% year
Zhejiang Southeast Space Frame Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-30 | ¥0.10 | annually | 2024-05-30 |
2023-06-02 | ¥0.10 | annually | 2023-06-02 |
2022-05-26 | ¥0.10 | annually | 2022-05-26 |
2021-04-29 | ¥0.03 | annually | 2021-04-29 |
2020-04-21 | ¥0.03 | annually | 2020-04-21 |
2019-05-10 | ¥0.02 | annually | 2019-05-10 |
2018-05-23 | ¥0.01 | annually | 2018-05-23 |
2017-04-28 | ¥0.01 | annually | 2017-04-28 |
2016-05-13 | ¥0.01 | annually | |
2015-05-06 | ¥0.01 | annually | |
2014-05-30 | ¥0.01 | annually | |
2013-04-26 | ¥0.01 | annually |
Zhejiang Southeast Space Frame Dividend per year
Zhejiang Southeast Space Frame Dividend growth
Zhejiang Southeast Space Frame Dividend Yield
Zhejiang Southeast Space Frame current trailing twelve-month (TTM) dividend yield is 2.15%. Interested in purchasing Zhejiang Southeast Space Frame stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Southeast Space Frame Financial Ratios
Zhejiang Southeast Space Frame Dividend FAQ
Other factors to consider when evaluating Zhejiang Southeast Space Frame 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 Southeast Space Frame'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 Southeast Space Frame 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 Southeast Space Frame 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 Southeast Space Frame 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 Southeast Space Frame 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 Southeast Space Frame 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 Southeast Space Frame 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 Southeast Space Frame'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 Southeast Space Frame'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.