Zheshang Development Group Co., Ltd engages in the commodity, financial leasing, online retailing, car sale and after service, and warehousing logistics service businesses in China and internationally. The company trades in screw-thread steel products, wire stocks, round steel products, hot rolled strips and coils, cold rolled products, I-beams, angle and groove bars, and steel feed and iron ore products; and provides value-added services, including wholesale and retail distribution, custom processing, warehouse delivery, financial services, e-commerce, logistics, etc., as well as upstream and downstream supply chain services. It also offers finance leasing, commercial factoring, and industrial bond and supply chain financing services; and industry management software products and services, customized development services for information management software products, software-as-a-service, and information technology management consulting services. In addition, the company provides supply chain integrated service, CRM, power sales management, financial leasing, car free carrier, unified enterprise mobile interconnected, enterprise integration, centralized purchasing management, logistics warehouse management, and cross-border e-commerce platforms, as well as commercial platform for commodities and data analysis platform for steel trade industry. Further, it offers warehousing, transportation, processing, logistics transaction, financial supervision, and other services. Additionally, the company sells and services cars of various brands through its 4S shops; and operates a taxi business. It operates approximately 8 standard 4S shops. The company was formerly known as Zhejiang Materials Development Co., Ltd. and changed its name to Zheshang Development Group Co., Ltd. in January 2017. Zheshang Development Group Co., Ltd was founded in 1999 and is based in Hangzhou, China.
Zheshang Development Dividend Announcement
• Zheshang Development announced a annually dividend of ¥0.35 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-29
• Zheshang Development annual dividend for 2024 was ¥0.35
• Zheshang Development annual dividend for 2023 was ¥0.50
• Zheshang Development 's trailing twelve-month (TTM) dividend yield is 5.77%
• Zheshang Development 's payout ratio for the trailing twelve months (TTM) is 159.62%
• Zheshang Development 's dividend growth over the last five years (2018-2023) was 45.91% year
• Zheshang Development 's dividend growth over the last ten years (2013-2023) was 25.89% year
Zheshang Development Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-05-29 | ¥0.35 | annually | 2024-05-29 |
| 2023-05-26 | ¥0.50 | annually | 2023-05-26 |
| 2022-05-25 | ¥0.41 | annually | 2022-05-25 |
| 2021-06-09 | ¥0.30 | annually | 2021-06-09 |
| 2020-07-08 | ¥0.25 | annually | 2020-07-08 |
| 2019-07-18 | ¥0.15 | annually | 2019-07-18 |
| 2018-06-13 | ¥0.08 | annually | 2018-06-13 |
| 2017-06-02 | ¥0.05 | annually | 2017-06-02 |
| 2016-06-24 | ¥0.06 | annually | |
| 2015-06-05 | ¥0.08 | annually | |
| 2014-06-13 | ¥0.05 | annually | |
| 2013-07-09 | ¥0.05 | annually |
Zheshang Development Dividend per year
Zheshang Development Dividend growth
Zheshang Development Dividend Yield
Zheshang Development current trailing twelve-month (TTM) dividend yield is 5.77%. Interested in purchasing Zheshang Development stock? Use our calculator to estimate your expected dividend yield:
Zheshang Development Financial Ratios
P/E ratio7.09
PEG ratio0.92
P/B ratio0.74
ROE11.37%
Payout ratio159.62%
Current ratio1.17
Quick ratio0.65
Cash Ratio0.15
Zheshang Development Dividend FAQ
How much is the next Zheshang Development dividend?
Zheshang Development 's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Zheshang Development dividend. The next Zheshang Development dividend will be released in May.
When is Zheshang Development dividend paid?
Zheshang Development pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Zheshang Development pay?
The specific amount of Zheshang Development 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 Zheshang Development 's dividend history.
Does Zheshang Development stock pay dividends?
Yes, Zheshang Development 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 Zheshang Development 's dividend history.
How much dividend does Zheshang Development pay?
Zheshang Development paid ¥0.35 in 2024, ¥0.5 in 2023, ¥0.41 in 2022, ¥0.3 in 2021, and ¥0.25 in 2020.
How often does Zheshang Development pay dividends?
Zheshang Development 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 May.
What is Zheshang Development 's dividend yield?
The current dividend yield for Zheshang Development is 5.77%. 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 Zheshang Development 's exact dividend yield.
When does Zheshang Development go ex dividend?
Zheshang Development 's ex-dividend date for the latest dividend was on 2024-05-29. Zheshang Development 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 Zheshang Development dividend paid?
Zheshang Development pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Zheshang Development 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 Zheshang Development 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 Zheshang Development dividend per share?
Zheshang Development paid ¥0.35 per share in 2024 and ¥0.5 per share in 2023. The amount of dividend per share that Zheshang Development 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 Zheshang Development 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 Zheshang Development 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 Zheshang Development a dividend stock?
Yes, Zheshang Development is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zheshang Development a good dividend stock?
Whether Zheshang Development is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Zheshang Development has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Zheshang Development 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.
Other factors to consider when evaluating Zheshang Development 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 Zheshang Development pay dividends monthly?
Zheshang Development typically pays dividends on a annually basis.
Does Zheshang Development pay dividends quarterly?
Zheshang Development currently pays dividends on a annually basis.
Has Zheshang Development ever paid a dividend?
Yes, Zheshang Development has a history of paying dividends to its shareholders. Zheshang Development is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zheshang Development dividend stocks?
To buy Zheshang Development 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 Zheshang Development 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.
Place an order: Use the brokerage's trading platform to place an order to buy Zheshang Development 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 Zheshang Development pay dividends 2024?
Zheshang Development pays dividends on a annually basis. 2024 dividend payments are in 2024-05-29. 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 Zheshang Development increase its dividend in 2024?
Decisions regarding Zheshang Development 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 Zheshang Development dividend overview you can look into the above table of dividend history.
How Zheshang Development dividend works?
The Zheshang Development 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 Zheshang Development 's dividend process works:
1. Determination of Dividend: Zheshang Development '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, Zheshang Development 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, Zheshang Development 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 Zheshang Development 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. Determination of Dividend: Zheshang Development '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, Zheshang Development 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, Zheshang Development 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 Zheshang Development 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 Zheshang Development dividends paid?
Zheshang Development dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Zheshang Development 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, Zheshang Development distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Zheshang Development 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.
1. Record Date: Zheshang Development 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, Zheshang Development distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Zheshang Development 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 Zheshang Development pay dividends?
Zheshang Development 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 Zheshang Development pay dividends?
The general pattern is that Zheshang Development pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Zheshang Development dividend safe?
The safety of Zheshang Development '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 Zheshang Development '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 Zheshang Development '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.
To assess the safety of Zheshang Development '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 Zheshang Development '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.