ZTE Corporation provides integrated communication information solutions in the People's Republic of China, rest of Asia, Africa, Europe, the United States, and Oceania. It operates through three segments: Carriers' Networks, Government and Corporate Business, and Consumer Business. The Carriers' Network segment provides wireless access, wireline access, bearer networks, core networks, telecommunication software systems and services, and other innovative technologies and product solutions. The Consumer Business segment offers smart phones, mobile data terminals, home information terminals, and innovative fusion terminals, as well as related software application and value-added services. The Government and Corporate Business segment focuses on providing informatization solutions for the government and corporations through the application of products, such as communications networks, Internet of Things, big data, and cloud computing. The company was founded in 1985 and is headquartered in Shenzhen, the People's Republic of China.
ZTE Dividend Announcement
• ZTE announced a annually dividend of $0.10 per ordinary share which will be made payable on 2024-07-31. Ex dividend date: 2024-07-04
• ZTE annual dividend for 2024 was $0.10
• ZTE annual dividend for 2023 was $0.06
• ZTE's trailing twelve-month (TTM) dividend yield is 4.84%
• ZTE's payout ratio for the trailing twelve months (TTM) is 72.49%
ZTE Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-04 | $0.10 | annually | 2024-07-31 |
2023-04-13 | $0.06 | annually | 2023-05-12 |
2022-04-26 | $0.05 | annually | 2022-08-31 |
2021-06-30 | $0.03 | annually | 2021-08-20 |
2020-06-23 | $0.03 | annually | 2020-08-12 |
2016-06-06 | $0.30 | annually | |
2015-06-01 | $0.20 | annually | |
2014-06-03 | $0.01 | annually | |
2012-05-29 | $0.29 | annually | |
2011-04-14 | $0.43 | annually | |
2010-04-30 | $0.74 | annually |
ZTE Dividend per year
ZTE Dividend growth
ZTE Dividend Yield
ZTE current trailing twelve-month (TTM) dividend yield is 4.84%. Interested in purchasing ZTE stock? Use our calculator to estimate your expected dividend yield:
ZTE Financial Ratios
ZTE Dividend FAQ
Other factors to consider when evaluating ZTE 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: ZTE'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, ZTE 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, ZTE 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 ZTE 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: ZTE 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, ZTE distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ZTE 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 ZTE'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 ZTE'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.