Zhejiang Xidamen New Material Co., Ltd. engages in the research, development, production, and sale of functional shading materials. Its products include sunshine fabrics, coated fabrics, and dimmable fabrics. The company was founded on December 22,1997 and is headquartered in Shaoxing, China.
Zhejiang Xidamen New Material Dividend Announcement
• Zhejiang Xidamen New Material announced a annually dividend of ¥0.14 per ordinary share which will be made payable on 2024-05-10. Ex dividend date: 2024-05-10 • Zhejiang Xidamen New Material annual dividend for 2024 was ¥0.14 • Zhejiang Xidamen New Material annual dividend for 2023 was ¥0.20 • Zhejiang Xidamen New Material's trailing twelve-month (TTM) dividend yield is 1.41% • Zhejiang Xidamen New Material's payout ratio for the trailing twelve months (TTM) is 26.79%
Zhejiang Xidamen New Material current trailing twelve-month (TTM) dividend yield is 1.41%. Interested in purchasing Zhejiang Xidamen New Material stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Xidamen New Material Financial Ratios
P/E ratio18.69
PEG ratio-11.61
P/B ratio1.54
ROE8.39%
Payout ratio26.79%
Current ratio8.85
Quick ratio6.96
Cash Ratio5.46
Zhejiang Xidamen New Material Dividend FAQ
How much is the next Zhejiang Xidamen New Material dividend?
Zhejiang Xidamen New Material'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 Xidamen New Material dividend. The next Zhejiang Xidamen New Material dividend will be released in June.
When is Zhejiang Xidamen New Material dividend paid?
Zhejiang Xidamen New Material pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Xidamen New Material pay?
The specific amount of Zhejiang Xidamen New Material 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 Xidamen New Material's dividend history.
Does Zhejiang Xidamen New Material stock pay dividends?
Yes, Zhejiang Xidamen New Material 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 Xidamen New Material's dividend history.
How much dividend does Zhejiang Xidamen New Material pay?
Zhejiang Xidamen New Material paid ¥0.143 in 2024, ¥0.2 in 2023, ¥0.392 in 2022, ¥0.25 in 2021, and ¥0.0 in 2020.
How often does Zhejiang Xidamen New Material pay dividends?
Zhejiang Xidamen New Material 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 June.
What is Zhejiang Xidamen New Material's dividend yield?
The current dividend yield for Zhejiang Xidamen New Material is 1.41%. 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 Xidamen New Material's exact dividend yield.
When does Zhejiang Xidamen New Material go ex dividend?
Zhejiang Xidamen New Material's ex-dividend date for the latest dividend was on 2024-05-10. Zhejiang Xidamen New Material 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 Xidamen New Material dividend paid?
Zhejiang Xidamen New Material pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Zhejiang Xidamen New Material 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 Xidamen New Material 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 Xidamen New Material dividend per share?
Zhejiang Xidamen New Material paid ¥0.143 per share in 2024 and ¥0.2 per share in 2023. The amount of dividend per share that Zhejiang Xidamen New Material 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 Xidamen New Material 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 Xidamen New Material 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 Xidamen New Material a dividend stock?
Yes, Zhejiang Xidamen New Material is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhejiang Xidamen New Material a good dividend stock?
Whether Zhejiang Xidamen New Material 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 Xidamen New Material has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Zhejiang Xidamen New Material 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 Xidamen New Material pay dividends monthly?
Zhejiang Xidamen New Material typically pays dividends on a annually basis.
Does Zhejiang Xidamen New Material pay dividends quarterly?
Zhejiang Xidamen New Material currently pays dividends on a annually basis.
Has Zhejiang Xidamen New Material ever paid a dividend?
Yes, Zhejiang Xidamen New Material has a history of paying dividends to its shareholders. Zhejiang Xidamen New Material is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiang Xidamen New Material dividend stocks?
To buy Zhejiang Xidamen New Material 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 Xidamen New Material 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 Xidamen New Material pay dividends 2024?
Zhejiang Xidamen New Material pays dividends on a annually basis. 2024 dividend payments are in 2024-05-10. 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 Xidamen New Material increase its dividend in 2024?
Decisions regarding Zhejiang Xidamen New Material 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 Xidamen New Material dividend overview you can look into the above table of dividend history.
How Zhejiang Xidamen New Material dividend works?
The Zhejiang Xidamen New Material 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 Xidamen New Material's dividend process works:
1. Determination of Dividend: Zhejiang Xidamen New Material'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 Xidamen New Material 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 Xidamen New Material 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 Xidamen New Material 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 Xidamen New Material dividends paid?
Zhejiang Xidamen New Material dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Zhejiang Xidamen New Material 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 Xidamen New Material 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 Xidamen New Material 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 Xidamen New Material pay dividends?
Zhejiang Xidamen New Material 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 Xidamen New Material pay dividends?
The general pattern is that Zhejiang Xidamen New Material pays dividends around June. 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 Xidamen New Material dividend safe?
The safety of Zhejiang Xidamen New Material'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 Xidamen New Material'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 Xidamen New Material'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.