Wuchan Zhongda Group Co - Stock

Wuchan Zhongda Group Co Dividend 2024

Wuchan Zhongda Group Co Dividend

0.15 CNY

Wuchan Zhongda Group Co Dividend yield

3.35 %

Ticker

600704.SS

ISIN

CNE000000KF4

How much dividend does Wuchan Zhongda Group Co 2024 pay?

According to the latest status from June 2024, Wuchan Zhongda Group Co paid a total of 0.15 CNY per share in dividends within the last 12 months. With the current Wuchan Zhongda Group Co price of 4.48 CNY, this corresponds to a dividend yield of 3.35 %. A dividend is paid times per year.

3.35 % Dividend Yield=
0.15 CNY Dividend
4.48 CNY Stock Price

Historical Wuchan Zhongda Group Co Dividends

A dividend is paid times per year. Last year, the payout months were and August.

PaydateDividend
8/6/20230.15
8/8/20220.16
7/4/20210.2
7/11/20200.25
6/30/20190.25
7/1/20180.2
7/8/20170.33
7/20/20160.19
7/19/20150.15
7/20/20140.1
7/19/20130.18
8/4/20120.04
8/11/20110.02
8/2/20100.2
7/24/20090.1
7/23/20080.1
8/9/20070.08
8/7/20060.1
7/24/20040.1
8/1/20030.1
1
2

Wuchan Zhongda Group Co Stock Dividend

In 2023, Wuchan Zhongda Group Co paid a dividend amounting to 0.15 CNY. Dividend means that Wuchan Zhongda Group Co distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Wuchan Zhongda Group Co provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Wuchan Zhongda Group Co’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Wuchan Zhongda Group Co's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Wuchan Zhongda Group Co Dividend History

DateWuchan Zhongda Group Co Dividend
2026e0.16 undefined
2025e0.16 undefined
2024e0.16 undefined
20230.15 undefined
20220.16 undefined
20210.2 undefined
20200.25 undefined
20190.25 undefined
20180.2 undefined
20170.33 undefined
20160.13 undefined
20150.08 undefined
20140.05 undefined
20130.09 undefined
20120.02 undefined
20110.01 undefined
20100.07 undefined
20090.03 undefined
20080.03 undefined
20070.03 undefined
20060.03 undefined
20040.03 undefined

Is the Wuchan Zhongda Group Co Dividend Safe?

Wuchan Zhongda Group Co has been increasing the dividend for 1 years.

Over the past 10 years, Wuchan Zhongda Group Co has increased it by an annual 4.976 %.

Over a five-year period, the distribution increased by -5.591%.

Analysts expect a Dividend Increase of 4.094% for the current fiscal year.

Wuchan Zhongda Group Co Stock Payout Ratio

In 2023, Wuchan Zhongda Group Co had a payout ratio of 32%. The payout ratio indicates the percentage of the company's profits that Wuchan Zhongda Group Co distributes as dividends.
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Payout ratio
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Wuchan Zhongda Group Co represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Wuchan Zhongda Group Co could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Wuchan Zhongda Group Co's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Wuchan Zhongda Group Co Payout Ratio History

DateWuchan Zhongda Group Co Payout ratio
2026e28.47 %
2025e26.76 %
2024e26.65 %
202332 %
202221.62 %
202126.32 %
202048.08 %
201946.3 %
201840 %
201772.46 %
201629.14 %
201524.81 %
201415.55 %
201328.84 %
20127.64 %
20112.5 %
201021.38 %
200919 %
200824.43 %
200724.91 %
200668.4 %
200532 %
200487.67 %

Dividend Details

Understanding Wuchan Zhongda Group Co's Dividend Distributions

Wuchan Zhongda Group Co’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Wuchan Zhongda Group Co's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Wuchan Zhongda Group Co's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Wuchan Zhongda Group Co’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Wuchan Zhongda Group Co Aktienanalyse

What does Wuchan Zhongda Group Co do?

The Wuchan Zhongda Group Co Ltd was founded in 1999 by the industrialist Zhang Jian. Mr. Jian had already had a successful career in the textile industry and decided to invest his knowledge and experience in the establishment of Wuchan Zhongda Group Co Ltd. The company's business model is diverse and encompasses a variety of industries. The company has its roots in textile production, but today it is involved in many other segments of the economy, including construction, energy, environmental management, real estate development, and trade. The company is a vertically integrated full-service provider, offering a wide range of products and services to its customers. It owns production facilities, logistics facilities, and distribution channels in China and abroad. However, the core of the business model is still textile production. The company produces a variety of products, including fabrics, clothing, shoes, and accessories. It is known for its high-quality products and advanced technology. The company also has a strong presence in the construction sector. It is a major supplier of building materials and also constructs buildings itself. Its portfolio includes residential, commercial, and industrial properties. The company specializes in the construction of eco-friendly buildings and works on renewable projects. The energy sector is another area of activity. The company is capable of coordinating energy efficiency projects and has also been working on the development of renewable energy sources for some time. Environmental management is another important business field. The company has strong competence in waste management and recycling. It also actively works on the development of waste disposal technologies and aims to promote sustainable and environmentally-friendly production. In trade, the company has a strong presence in both retail and wholesale. It imports and exports a variety of products, including textiles, food, and electronics. Its goal is to offer customers worldwide the best products at a competitive price. The products manufactured by Wuchan Zhongda Group Co Ltd are of high quality and are appreciated both in China and abroad. The company strives to constantly expand its range and meet the needs of its customers. Overall, Wuchan Zhongda Group Co Ltd is a well-established and successful company specialized in a wide range of business areas. The company has made a name for itself through its high-quality products, advanced technology, and commitment to environmental protection and sustainability. Wuchan Zhongda Group Co is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Wuchan Zhongda Group Co Stock

How much dividend does Wuchan Zhongda Group Co pay?

Over the past 12 months, Wuchan Zhongda Group Co paid a dividend of 0.15 CNY . This corresponds to a dividend yield of about 3.35 %. For the coming 12 months, Wuchan Zhongda Group Co is expected to pay a dividend of 0.16 CNY.

What is the dividend yield of Wuchan Zhongda Group Co?

The current dividend yield of Wuchan Zhongda Group Co is 3.35 %.

When does Wuchan Zhongda Group Co pay dividends?

Wuchan Zhongda Group Co pays a quarterly dividend. This is distributed in the months of July, July, August, August.

How secure is the dividend of Wuchan Zhongda Group Co?

Wuchan Zhongda Group Co paid dividends every year for the past 21 years.

What is the dividend of Wuchan Zhongda Group Co?

For the upcoming 12 months, dividends amounting to 0.16 CNY are expected. This corresponds to a dividend yield of 3.63 %.

In which sector is Wuchan Zhongda Group Co located?

Wuchan Zhongda Group Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Wuchan Zhongda Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Wuchan Zhongda Group Co from 7/6/2023 amounting to 0.15 CNY, you needed to have the stock in your portfolio before the ex-date on 7/6/2023.

When did Wuchan Zhongda Group Co pay the last dividend?

The last dividend was paid out on 7/6/2023.

What was the dividend of Wuchan Zhongda Group Co in the year 2023?

In the year 2023, Wuchan Zhongda Group Co distributed 0.16 CNY as dividends.

In which currency does Wuchan Zhongda Group Co pay out the dividend?

The dividends of Wuchan Zhongda Group Co are distributed in CNY.

Andere Kennzahlen von Wuchan Zhongda Group Co

Our stock analysis for Wuchan Zhongda Group Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Wuchan Zhongda Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.