ZhongWang Fabric Co., Ltd. engages in the research, development, design, manufacture, and sale of fabrics. It specializes in decorative fabrics and covers used in sofas, seats, and pillows. Its brands include Z-WOVENS, SUNBELIEVABLE, and NEVERFEAR. The company was founded by Lin Shan Yang and Jian Fen Ma on October 18, 1994 and is headquartered in Hangzhou, China.
ZhongWang Fabric Dividend Announcement
• ZhongWang Fabric announced a annually dividend of ¥0.41 per ordinary share which will be made payable on 2024-06-19. Ex dividend date: 2024-06-19 • ZhongWang Fabric annual dividend for 2024 was ¥0.41 • ZhongWang Fabric annual dividend for 2023 was ¥0.41 • ZhongWang Fabric's trailing twelve-month (TTM) dividend yield is 2.36% • ZhongWang Fabric's payout ratio for the trailing twelve months (TTM) is 13.89%
ZhongWang Fabric current trailing twelve-month (TTM) dividend yield is 2.36%. Interested in purchasing ZhongWang Fabric stock? Use our calculator to estimate your expected dividend yield:
ZhongWang Fabric Financial Ratios
P/E ratio5.94
PEG ratio-0.58
P/B ratio1.36
ROE23.01%
Payout ratio13.89%
Current ratio8.43
Quick ratio7.49
Cash Ratio6.60
ZhongWang Fabric Dividend FAQ
How much is the next ZhongWang Fabric dividend?
ZhongWang Fabric's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next ZhongWang Fabric dividend. The next ZhongWang Fabric dividend will be released in June.
When is ZhongWang Fabric dividend paid?
ZhongWang Fabric 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 ZhongWang Fabric pay?
The specific amount of ZhongWang Fabric 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 ZhongWang Fabric's dividend history.
Does ZhongWang Fabric stock pay dividends?
Yes, ZhongWang Fabric 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 ZhongWang Fabric's dividend history.
How much dividend does ZhongWang Fabric pay?
ZhongWang Fabric paid ¥0.41 in 2024, ¥0.41 in 2023, ¥0.41 in 2022, ¥0.4 in 2021, and ¥0.0 in 2020.
How often does ZhongWang Fabric pay dividends?
ZhongWang Fabric 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 ZhongWang Fabric's dividend yield?
The current dividend yield for ZhongWang Fabric is 2.36%. 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 ZhongWang Fabric's exact dividend yield.
When does ZhongWang Fabric go ex dividend?
ZhongWang Fabric's ex-dividend date for the latest dividend was on 2024-06-19. ZhongWang Fabric 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 ZhongWang Fabric dividend paid?
ZhongWang Fabric pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will ZhongWang Fabric 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 ZhongWang Fabric 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 ZhongWang Fabric dividend per share?
ZhongWang Fabric paid ¥0.41 per share in 2024 and ¥0.41 per share in 2023. The amount of dividend per share that ZhongWang Fabric 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 ZhongWang Fabric 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 ZhongWang Fabric 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 ZhongWang Fabric a dividend stock?
Yes, ZhongWang Fabric is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is ZhongWang Fabric a good dividend stock?
Whether ZhongWang Fabric is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. ZhongWang Fabric has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating ZhongWang Fabric 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 ZhongWang Fabric pay dividends monthly?
ZhongWang Fabric typically pays dividends on a annually basis.
Does ZhongWang Fabric pay dividends quarterly?
ZhongWang Fabric currently pays dividends on a annually basis.
Has ZhongWang Fabric ever paid a dividend?
Yes, ZhongWang Fabric has a history of paying dividends to its shareholders. ZhongWang Fabric is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy ZhongWang Fabric dividend stocks?
To buy ZhongWang Fabric 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 ZhongWang Fabric 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 ZhongWang Fabric pay dividends 2024?
ZhongWang Fabric pays dividends on a annually basis. 2024 dividend payments are in 2024-06-19. 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 ZhongWang Fabric increase its dividend in 2024?
Decisions regarding ZhongWang Fabric 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 ZhongWang Fabric dividend overview you can look into the above table of dividend history.
How ZhongWang Fabric dividend works?
The ZhongWang Fabric 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 ZhongWang Fabric's dividend process works:
1. Determination of Dividend: ZhongWang Fabric'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, ZhongWang Fabric 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, ZhongWang Fabric 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 ZhongWang Fabric 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 ZhongWang Fabric dividends paid?
ZhongWang Fabric dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: ZhongWang Fabric 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, ZhongWang Fabric distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ZhongWang Fabric 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 ZhongWang Fabric pay dividends?
ZhongWang Fabric 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 ZhongWang Fabric pay dividends?
The general pattern is that ZhongWang Fabric 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 ZhongWang Fabric dividend safe?
The safety of ZhongWang Fabric'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 ZhongWang Fabric'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 ZhongWang Fabric'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.