Reported 12 months ago
Yahoo Finance special correspondent 许如铠 reported on July 2, 2024 at 9:25 pm that it's ex-dividend date for the radiator fan giant company, Jianzhun, which paid out a dividend of 3.5 yuan today. The stock opened this morning at a peak of 111 yuan, with a dividend yield of 85%. Jianzhun's ex-dividend price was set at 108 yuan, calculated based on yesterday's closing price of 111.5 yuan, resulting in a cash dividend yield of 3.13%. Cash dividends will be distributed on July 26. Jianzhun previously mentioned at the shareholders' meeting that despite last year's global economy being impacted by inflation and high interest rates, along with subdued end-market demand and inventory adjustments, the company's growth momentum has slowed compared to the past two years. However, strong demand for high-performance computing, AI, and automotive electronics in new tech applications have led to a surge in sales of high-end cooling products, driving profit margin growth. Jianzhun's cumulative revenue for the first five months of this year reached 5.549 billion yuan, a 4.39% annual increase.
Source: YAHOO