Zhejiang Wansheng Co., Ltd. produces and sells organic phosphorus-based flame retardants, special amines, and cardanol based curing agents and diluents in China. The company offers flame retardants for rigid PU, PC/ABS, flexPU, HIPS/MPPO, PVC/soft, epoxy resin, intermediates, and others; and specialty amines, amine catalysts, curing agents/diluents, coatings, catalysts, and other products. Its flame retardants are primarily used for engineering plastic, insulation materials, and PU for automobile and furniture purpose; and amine products are used in PU, electronic chemicals, household chemicals, pharmaceutical, agrochemicals, etc. The company was formerly known as Zhejiang Wansheng Chemicals Co., Ltd. and changed its name to Zhejiang Wansheng Co., Ltd. in 2010. Zhejiang Wansheng Co., Ltd. was founded in 1995 and is headquartered in Linhai, China.
Zhejiang Wansheng Dividend Announcement
• Zhejiang Wansheng announced a annually dividend of ¥0.18 per ordinary share which will be made payable on 2024-05-16. Ex dividend date: 2024-05-16
• Zhejiang Wansheng annual dividend for 2024 was ¥0.18
• Zhejiang Wansheng annual dividend for 2023 was ¥0.20
• Zhejiang Wansheng's trailing twelve-month (TTM) dividend yield is 1.71%
• Zhejiang Wansheng's payout ratio for the trailing twelve months (TTM) is 106.04%
• Zhejiang Wansheng's dividend growth over the last five years (2018-2023) was 12.70% year
Zhejiang Wansheng Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-16 | ¥0.18 | annually | 2024-05-16 |
2023-05-17 | ¥0.20 | annually | 2023-05-17 |
2022-06-06 | ¥0.42 | annually | 2022-06-06 |
2021-04-27 | ¥0.40 | annually | 2021-04-27 |
2020-06-01 | ¥0.15 | annually | 2020-06-01 |
2019-05-28 | ¥0.15 | annually | 2019-05-28 |
2018-05-17 | ¥0.11 | annually | 2018-05-17 |
2017-04-26 | ¥0.23 | annually | 2017-04-26 |
2016-04-26 | ¥0.23 | annually | |
2015-06-16 | ¥0.13 | annually |
Zhejiang Wansheng Dividend per year
Zhejiang Wansheng Dividend growth
Zhejiang Wansheng Dividend Yield
Zhejiang Wansheng current trailing twelve-month (TTM) dividend yield is 1.71%. Interested in purchasing Zhejiang Wansheng stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Wansheng Financial Ratios
Zhejiang Wansheng Dividend FAQ
Other factors to consider when evaluating Zhejiang Wansheng 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 Wansheng'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 Wansheng 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 Wansheng 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 Wansheng 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 Wansheng 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 Wansheng 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 Wansheng 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 Wansheng'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 Wansheng'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.