Zhongji Innolight Co., Ltd. researches, designs, develops, manufactures, and sells intelligent equipment in China and internationally. The company offers motor stator coil winding equipment for use in various motor manufacturing fields, such as household electrical appliances, small and medium-sized industrial motors, automotive generators, and driving motors of new energy vehicles. It also provides optical communication transceiver modules for customers in data centers, data communications, long-distance transmission, wireless networks, and other fields. The company was formerly known as Shandong Zhongji Electrical Equipment Co., Ltd and changed its name to Zhongji Innolight Co., Ltd. in September 2017. Zhongji Innolight Co., Ltd. was founded in 1987 and is based in Longkou, China.
Zhongji Innolight Dividend Announcement
• Zhongji Innolight announced a annually dividend of ¥0.45 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06
• Zhongji Innolight annual dividend for 2024 was ¥0.45
• Zhongji Innolight annual dividend for 2023 was ¥0.20
• Zhongji Innolight's trailing twelve-month (TTM) dividend yield is 0.36%
• Zhongji Innolight's payout ratio for the trailing twelve months (TTM) is 3.69%
• Zhongji Innolight's dividend growth over the last five years (2018-2023) was 39.40% year
• Zhongji Innolight's dividend growth over the last ten years (2013-2023) was 1.06% year
Zhongji Innolight Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-06 | ¥0.45 | annually | 2024-06-06 |
2023-06-06 | ¥0.20 | annually | 2023-06-06 |
2022-05-26 | ¥0.22 | annually | 2022-05-26 |
2021-06-09 | ¥0.12 | annually | 2021-06-09 |
2020-07-02 | ¥0.08 | annually | 2020-07-02 |
2019-06-04 | ¥0.12 | annually | 2019-06-04 |
2018-07-11 | ¥0.04 | annually | 2018-07-11 |
2017-06-09 | ¥0.01 | annually | 2017-06-09 |
2016-08-01 | ¥0.01 | annually | |
2015-07-14 | ¥0.01 | annually | |
2014-06-20 | ¥0.02 | annually | |
2013-05-17 | ¥0.18 | annually |
Zhongji Innolight Dividend per year
Zhongji Innolight Dividend growth
Zhongji Innolight Dividend Yield
Zhongji Innolight current trailing twelve-month (TTM) dividend yield is 0.36%. Interested in purchasing Zhongji Innolight stock? Use our calculator to estimate your expected dividend yield:
Zhongji Innolight Financial Ratios
Zhongji Innolight Dividend FAQ
Other factors to consider when evaluating Zhongji Innolight 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.
Place an order: Use the brokerage's trading platform to place an order to buy Zhongji Innolight 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.
1. Determination of Dividend: Zhongji Innolight'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, Zhongji Innolight 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, Zhongji Innolight 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 Zhongji Innolight 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: Zhongji Innolight 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, Zhongji Innolight distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Zhongji Innolight 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 Zhongji Innolight'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 Zhongji Innolight'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.