Zhejiang Zhengte Co., Ltd. engages in the research and development, manufacture, sale, and supply of sunshade products and outdoor leisure furniture in China and internationally. The company offers umbrellas, pergolas, tents and gazebos, recycled plastic products, construction materials, and other furniture, as well as provides OEM manufacturing services. Zhejiang Zhengte Co., Ltd. was founded in 1996 and is based in Linhai, China.
Zhejiang Zhengte Dividend Announcement
• Zhejiang Zhengte announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-28
• Zhejiang Zhengte annual dividend for 2024 was ¥0.07
• Zhejiang Zhengte annual dividend for 2023 was ¥0.10
• Zhejiang Zhengte's trailing twelve-month (TTM) dividend yield is 0.26%
• Zhejiang Zhengte's payout ratio for the trailing twelve months (TTM) is 73.57%
Zhejiang Zhengte Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | ¥0.07 | annually | 2024-06-28 |
2023-06-30 | ¥0.10 | annually | 2023-06-30 |
Zhejiang Zhengte Dividend per year
Zhejiang Zhengte Dividend Yield
Zhejiang Zhengte current trailing twelve-month (TTM) dividend yield is 0.26%. Interested in purchasing Zhejiang Zhengte stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Zhengte Financial Ratios
Zhejiang Zhengte Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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