Zhejiang Xinhua Chemical Co.,Ltd manufactures and trades in various chemicals and chemical raw material in China and internationally. The company offers fatty amines, organic solvents, flavors, hydrogen peroxide organic amine series, inorganic chemicals, and custom chemicals. It also offers aroma chemicals, such as turpentine oil derivatives, sandal series, ester series, and others flame retardants; and peroxide series, synthetic ammonia, and other fine chemicals. Zhejiang Xinhua Chemical Co.,Ltd was formerly known as Jiande City Xinhua Chemical Co.,Ltd and changed its name to Zhejiang Xinhua Chemical Co.,Ltd in June 2008. The company was founded in 1967 and is based in Jiande, China.
Zhejiang Xinhua Chemical Dividend Announcement
• Zhejiang Xinhua Chemical announced a annually dividend of ¥0.45 per ordinary share which will be made payable on 2024-06-18. Ex dividend date: 2024-06-18 • Zhejiang Xinhua Chemical annual dividend for 2024 was ¥0.45 • Zhejiang Xinhua Chemical annual dividend for 2023 was ¥0.55 • Zhejiang Xinhua Chemical's trailing twelve-month (TTM) dividend yield is 1.69% • Zhejiang Xinhua Chemical's payout ratio for the trailing twelve months (TTM) is 81.91%
Zhejiang Xinhua Chemical current trailing twelve-month (TTM) dividend yield is 1.69%. Interested in purchasing Zhejiang Xinhua Chemical stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Xinhua Chemical Financial Ratios
P/E ratio21.85
PEG ratio0.21
P/B ratio2.22
ROE10.29%
Payout ratio81.91%
Current ratio2.42
Quick ratio1.97
Cash Ratio0.76
Zhejiang Xinhua Chemical Dividend FAQ
How much is the next Zhejiang Xinhua Chemical dividend?
Zhejiang Xinhua Chemical'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 Xinhua Chemical dividend. The next Zhejiang Xinhua Chemical dividend will be released in June.
When is Zhejiang Xinhua Chemical dividend paid?
Zhejiang Xinhua Chemical 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 Xinhua Chemical pay?
The specific amount of Zhejiang Xinhua Chemical 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 Xinhua Chemical's dividend history.
Does Zhejiang Xinhua Chemical stock pay dividends?
Yes, Zhejiang Xinhua Chemical 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 Xinhua Chemical's dividend history.
How much dividend does Zhejiang Xinhua Chemical pay?
Zhejiang Xinhua Chemical paid ¥0.45 in 2024, ¥0.55 in 2023, ¥0.5 in 2022, ¥0.45 in 2021, and ¥0.25 in 2020.
How often does Zhejiang Xinhua Chemical pay dividends?
Zhejiang Xinhua Chemical 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 Xinhua Chemical's dividend yield?
The current dividend yield for Zhejiang Xinhua Chemical is 1.69%. 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 Xinhua Chemical's exact dividend yield.
When does Zhejiang Xinhua Chemical go ex dividend?
Zhejiang Xinhua Chemical's ex-dividend date for the latest dividend was on 2024-06-18. Zhejiang Xinhua Chemical 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 Xinhua Chemical dividend paid?
Zhejiang Xinhua Chemical pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Zhejiang Xinhua Chemical 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 Xinhua Chemical 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 Xinhua Chemical dividend per share?
Zhejiang Xinhua Chemical paid ¥0.45 per share in 2024 and ¥0.55 per share in 2023. The amount of dividend per share that Zhejiang Xinhua Chemical 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 Xinhua Chemical 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 Xinhua Chemical 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 Xinhua Chemical a dividend stock?
Yes, Zhejiang Xinhua Chemical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhejiang Xinhua Chemical a good dividend stock?
Whether Zhejiang Xinhua Chemical 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 Xinhua Chemical has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Zhejiang Xinhua Chemical 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 Xinhua Chemical pay dividends monthly?
Zhejiang Xinhua Chemical typically pays dividends on a annually basis.
Does Zhejiang Xinhua Chemical pay dividends quarterly?
Zhejiang Xinhua Chemical currently pays dividends on a annually basis.
Has Zhejiang Xinhua Chemical ever paid a dividend?
Yes, Zhejiang Xinhua Chemical has a history of paying dividends to its shareholders. Zhejiang Xinhua Chemical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiang Xinhua Chemical dividend stocks?
To buy Zhejiang Xinhua Chemical 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 Xinhua Chemical 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 Xinhua Chemical pay dividends 2024?
Zhejiang Xinhua Chemical pays dividends on a annually basis. 2024 dividend payments are in 2024-06-18. 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 Xinhua Chemical increase its dividend in 2024?
Decisions regarding Zhejiang Xinhua Chemical 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 Xinhua Chemical dividend overview you can look into the above table of dividend history.
How Zhejiang Xinhua Chemical dividend works?
The Zhejiang Xinhua Chemical 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 Xinhua Chemical's dividend process works:
1. Determination of Dividend: Zhejiang Xinhua Chemical'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 Xinhua Chemical 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 Xinhua Chemical 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 Xinhua Chemical 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 Xinhua Chemical dividends paid?
Zhejiang Xinhua Chemical dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Zhejiang Xinhua Chemical 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 Xinhua Chemical 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 Xinhua Chemical 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 Xinhua Chemical pay dividends?
Zhejiang Xinhua Chemical 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 Xinhua Chemical pay dividends?
The general pattern is that Zhejiang Xinhua Chemical 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 Xinhua Chemical dividend safe?
The safety of Zhejiang Xinhua Chemical'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 Xinhua Chemical'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 Xinhua Chemical'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.