Zhenjiang Dongfang Electric Heating Technology Co.,Ltd designs, manufactures, and sells various electric heaters in China. Its product portfolio stainless steel finned electric heaters; air heaters; heaters for ships; aluminum foil heaters, aluminum tube heaters; auxiliary electric heater for central air-conditioning, patio air conditioner, split machines, and household cabinet machines; integrated auxiliary electric heaters assembly for household cabinet machines; and heaters. The company also offers electric heating tube series for water heating, such as oven electric heating, nickel welding boiler heaters, washing machine electric heating, and steam boiler heaters. It offers its products for use in the air conditioning and refrigeration equipment, household appliances, electric vehicle, polycrystalline silicon manufacturing, petroleum, natural gas, chemical, nuclear power, military, power, railways, ships, machinery, medical, and health fields. The company also exports its products to the United States, Canada, Russia, Italy, France, Japan, South Korea, Saudi Arabia, Israel, and internationally. Zhenjiang Dongfang Electric Heating Technology Co.,Ltd was founded in 1992 and is based in Zhenjiang, China.
Zhenjiang Dongfang Electric Heating Technology Dividend Announcement
• Zhenjiang Dongfang Electric Heating Technology announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-05-31. Ex dividend date: 2024-05-31
• Zhenjiang Dongfang Electric Heating Technology annual dividend for 2024 was ¥0.07
• Zhenjiang Dongfang Electric Heating Technology annual dividend for 2023 was ¥0.02
• Zhenjiang Dongfang Electric Heating Technology's trailing twelve-month (TTM) dividend yield is 1.16%
• Zhenjiang Dongfang Electric Heating Technology's payout ratio for the trailing twelve months (TTM) is 40.91%
• Zhenjiang Dongfang Electric Heating Technology's dividend growth over the last five years (2018-2023) was 14.87% year
• Zhenjiang Dongfang Electric Heating Technology's dividend growth over the last ten years (2013-2023) was -14.87% year
Zhenjiang Dongfang Electric Heating Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-31 | ¥0.07 | annually | 2024-05-31 |
2023-05-31 | ¥0.02 | annually | 2023-05-31 |
2022-06-07 | ¥0.02 | annually | 2022-06-07 |
2021-06-17 | ¥0.01 | annually | 2021-06-17 |
2020-06-17 | ¥0.01 | annually | 2020-06-17 |
2019-06-28 | ¥0.02 | annually | 2019-06-28 |
2018-06-15 | ¥0.01 | annually | 2018-06-15 |
2017-06-13 | ¥0.01 | annually | 2017-06-13 |
2016-05-11 | ¥0.09 | annually | |
2015-06-16 | ¥0.05 | annually | |
2014-06-05 | ¥0.15 | annually | |
2013-06-19 | ¥0.10 | annually |
Zhenjiang Dongfang Electric Heating Technology Dividend per year
Zhenjiang Dongfang Electric Heating Technology Dividend growth
Zhenjiang Dongfang Electric Heating Technology Dividend Yield
Zhenjiang Dongfang Electric Heating Technology current trailing twelve-month (TTM) dividend yield is 1.16%. Interested in purchasing Zhenjiang Dongfang Electric Heating Technology stock? Use our calculator to estimate your expected dividend yield:
Zhenjiang Dongfang Electric Heating Technology Financial Ratios
Zhenjiang Dongfang Electric Heating Technology Dividend FAQ
Other factors to consider when evaluating Zhenjiang Dongfang Electric Heating Technology 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: Zhenjiang Dongfang Electric Heating Technology'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, Zhenjiang Dongfang Electric Heating Technology 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, Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology 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: Zhenjiang Dongfang Electric Heating Technology 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, Zhenjiang Dongfang Electric Heating Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology'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 Zhenjiang Dongfang Electric Heating Technology'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.