Zhejiang Xinan Chemical Industrial Group Co.,Ltd manufactures and sells crop protection products and organosilicon materials in China and internationally. The company provides agrochemicals, such as glyphosate, glyphosate ammonium salt, glyphosate IPA salt, glyphosate potassium salt, glyphosate dimethylamine salt, glyphosate complex formulation, diuron, carbendazim, glufosinate-ammonium, quinclorac, and chlorpyrifos. It also offers silicon products, including basic polydimethylsiloxane, chlorosilane, high consistency silicone rubber, liquid silicone rubber, silane, silicone additive, silicone sealant, and siloxane intermediate. The company serves customers in agricultural production, biotechnology, aeronautics and astronautics, health care and medication, building materials, electronic and electric, and new energy industries. Zhejiang Xinan Chemical Industrial Group Co.,Ltd was founded in 1965 and is based in Jiande, China.
Zhejiang Xinan Chemical Industrial Dividend Announcement
• Zhejiang Xinan Chemical Industrial 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 Xinan Chemical Industrial annual dividend for 2024 was ¥0.10
• Zhejiang Xinan Chemical Industrial annual dividend for 2023 was ¥0.75
• Zhejiang Xinan Chemical Industrial's trailing twelve-month (TTM) dividend yield is 1.18%
• Zhejiang Xinan Chemical Industrial's payout ratio for the trailing twelve months (TTM) is 1058.54%
• Zhejiang Xinan Chemical Industrial's dividend growth over the last five years (2018-2023) was 30.26% year
• Zhejiang Xinan Chemical Industrial's dividend growth over the last ten years (2013-2023) was 20.11% year
Zhejiang Xinan Chemical Industrial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-30 | ¥0.10 | annually | 2024-05-30 |
2023-06-21 | ¥0.75 | annually | 2023-06-21 |
2022-04-27 | ¥0.70 | annually | 2022-04-27 |
2021-06-04 | ¥0.25 | annually | 2021-06-04 |
2020-07-02 | ¥0.20 | annually | 2020-07-02 |
2019-06-13 | ¥0.53 | annually | 2019-06-13 |
2018-05-30 | ¥0.20 | annually | 2018-05-30 |
2017-05-18 | ¥0.10 | annually | 2017-05-18 |
2016-06-29 | ¥0.05 | annually | |
2015-06-18 | ¥0.10 | annually | |
2014-06-18 | ¥0.22 | annually | |
2013-06-03 | ¥0.12 | annually |
Zhejiang Xinan Chemical Industrial Dividend per year
Zhejiang Xinan Chemical Industrial Dividend growth
Zhejiang Xinan Chemical Industrial Dividend Yield
Zhejiang Xinan Chemical Industrial current trailing twelve-month (TTM) dividend yield is 1.18%. Interested in purchasing Zhejiang Xinan Chemical Industrial stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Xinan Chemical Industrial Financial Ratios
Zhejiang Xinan Chemical Industrial Dividend FAQ
Other factors to consider when evaluating Zhejiang Xinan Chemical Industrial 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 Xinan Chemical Industrial'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 Xinan Chemical Industrial 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 Xinan Chemical Industrial 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 Xinan Chemical Industrial 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 Xinan Chemical Industrial 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 Xinan Chemical Industrial 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 Xinan Chemical Industrial 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 Xinan Chemical Industrial'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 Xinan Chemical Industrial'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.