Zhuzhou Times New Material Technology CO., LTD. develops, produces, and sells NVH components and polymer composite materials for the railway, automotive, construction, and wind power industries in China and internationally. It offers railway products, such as primary suspension systems, secondary suspension systems, gearbox and motor suspension systems, and other railroad parts; and automotive products. The company also provides bridge and building bearings comprising structural bearings, anti-seismic devices, waterproof sealings, anchor devices, composite material products, bridge inspection vehicles, and anti-collision devices; engineering plastics granules and products; insulating materials, such as film products, insulating paints, mica products, and laminated products; and special equipment, including construction machinery, and naval and aviation products. Its products are used in various fields, such as railway and urban transportation, commercial vehicles, and passenger cars, as well as wind power, bridge and building constructions, engineering machinery, and water treatment. The company was formerly known as Zhuzhou Times Rubber & Plastics CO., LTD. and changed its name to Zhuzhou Times New Material Technology CO., LTD. in November 2001. Zhuzhou Times New Material Technology CO., LTD. was founded in 1994 and is based in Zhuzhou, China.
Zhuzhou Times New Material Technology Dividend Announcement
• Zhuzhou Times New Material Technology announced a annually dividend of ¥0.18 per ordinary share which will be made payable on 2024-07-10. Ex dividend date: 2024-07-10
• Zhuzhou Times New Material Technology annual dividend for 2024 was ¥0.18
• Zhuzhou Times New Material Technology annual dividend for 2023 was ¥0.14
• Zhuzhou Times New Material Technology's trailing twelve-month (TTM) dividend yield is 1.38%
• Zhuzhou Times New Material Technology's payout ratio for the trailing twelve months (TTM) is 65.79%
• Zhuzhou Times New Material Technology's dividend growth over the last five years (2018-2023) was 21.98% year
• Zhuzhou Times New Material Technology's dividend growth over the last ten years (2013-2023) was 3.78% year
Zhuzhou Times New Material Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-10 | ¥0.18 | annually | 2024-07-10 |
2023-06-26 | ¥0.14 | annually | 2023-06-26 |
2022-06-23 | ¥0.08 | annually | 2022-06-23 |
2021-06-18 | ¥0.12 | annually | 2021-06-18 |
2020-06-19 | ¥0.03 | annually | 2020-06-19 |
2019-06-19 | ¥0.04 | annually | 2019-06-19 |
2018-06-15 | ¥0.05 | annually | 2018-06-15 |
2017-06-16 | ¥0.10 | annually | 2017-06-16 |
2016-06-22 | ¥0.05 | annually | |
2015-06-17 | ¥0.02 | annually | |
2014-06-16 | ¥0.06 | annually | |
2013-05-10 | ¥0.09 | annually |
Zhuzhou Times New Material Technology Dividend per year
Zhuzhou Times New Material Technology Dividend growth
Zhuzhou Times New Material Technology Dividend Yield
Zhuzhou Times New Material Technology current trailing twelve-month (TTM) dividend yield is 1.38%. Interested in purchasing Zhuzhou Times New Material Technology stock? Use our calculator to estimate your expected dividend yield:
Zhuzhou Times New Material Technology Financial Ratios
Zhuzhou Times New Material Technology Dividend FAQ
Other factors to consider when evaluating Zhuzhou Times New Material 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: Zhuzhou Times New Material 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, Zhuzhou Times New Material 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, Zhuzhou Times New Material 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 Zhuzhou Times New Material 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: Zhuzhou Times New Material 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, Zhuzhou Times New Material 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: Zhuzhou Times New Material 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 Zhuzhou Times New Material 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 Zhuzhou Times New Material 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.