Allied Machinery Co., Ltd. provides machined castings in China and the United States. It offers compressors, flask and pallet cars, machine shops, foundries, and cylinder liners. The company was founded in 2000 and is headquartered in Hangzhou, China.
Allied Machinery Dividend Announcement
• Allied Machinery announced a annually dividend of ¥0.35 per ordinary share which will be made payable on 2024-06-25. Ex dividend date: 2024-06-25 • Allied Machinery annual dividend for 2024 was ¥0.35 • Allied Machinery annual dividend for 2023 was ¥0.34 • Allied Machinery's trailing twelve-month (TTM) dividend yield is 2.33% • Allied Machinery's payout ratio for the trailing twelve months (TTM) is 32.11%
Allied Machinery current trailing twelve-month (TTM) dividend yield is 2.33%. Interested in purchasing Allied Machinery stock? Use our calculator to estimate your expected dividend yield:
Allied Machinery Financial Ratios
P/E ratio18.49
PEG ratio1.20
P/B ratio1.56
ROE8.54%
Payout ratio32.11%
Current ratio3.15
Quick ratio2.63
Cash Ratio1.66
Allied Machinery Dividend FAQ
How much is the next Allied Machinery dividend?
Allied Machinery's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Allied Machinery dividend. The next Allied Machinery dividend will be released in May.
When is Allied Machinery dividend paid?
Allied Machinery pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Allied Machinery pay?
The specific amount of Allied Machinery 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 Allied Machinery's dividend history.
Does Allied Machinery stock pay dividends?
Yes, Allied Machinery 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 Allied Machinery's dividend history.
How much dividend does Allied Machinery pay?
Allied Machinery paid ¥0.35 in 2024, ¥0.34 in 2023, ¥0.334 in 2022, ¥0.334 in 2021, and ¥0.0 in 2020.
How often does Allied Machinery pay dividends?
Allied Machinery 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 May.
What is Allied Machinery's dividend yield?
The current dividend yield for Allied Machinery is 2.33%. 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 Allied Machinery's exact dividend yield.
When does Allied Machinery go ex dividend?
Allied Machinery's ex-dividend date for the latest dividend was on 2024-06-25. Allied Machinery 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 Allied Machinery dividend paid?
Allied Machinery pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Allied Machinery 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 Allied Machinery 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 Allied Machinery dividend per share?
Allied Machinery paid ¥0.35 per share in 2024 and ¥0.34 per share in 2023. The amount of dividend per share that Allied Machinery 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 Allied Machinery 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 Allied Machinery 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 Allied Machinery a dividend stock?
Yes, Allied Machinery is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Allied Machinery a good dividend stock?
Whether Allied Machinery is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Allied Machinery has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Allied Machinery 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 Allied Machinery pay dividends monthly?
Allied Machinery typically pays dividends on a annually basis.
Does Allied Machinery pay dividends quarterly?
Allied Machinery currently pays dividends on a annually basis.
Has Allied Machinery ever paid a dividend?
Yes, Allied Machinery has a history of paying dividends to its shareholders. Allied Machinery is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Allied Machinery dividend stocks?
To buy Allied Machinery 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 Allied Machinery 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 Allied Machinery pay dividends 2024?
Allied Machinery pays dividends on a annually basis. 2024 dividend payments are in 2024-06-25. 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 Allied Machinery increase its dividend in 2024?
Decisions regarding Allied Machinery 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 Allied Machinery dividend overview you can look into the above table of dividend history.
How Allied Machinery dividend works?
The Allied Machinery 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 Allied Machinery's dividend process works:
1. Determination of Dividend: Allied Machinery'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, Allied Machinery 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, Allied Machinery 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 Allied Machinery 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 Allied Machinery dividends paid?
Allied Machinery dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Allied Machinery 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, Allied Machinery distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Allied Machinery 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 Allied Machinery pay dividends?
Allied Machinery 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 Allied Machinery pay dividends?
The general pattern is that Allied Machinery pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Allied Machinery dividend safe?
The safety of Allied Machinery'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 Allied Machinery'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 Allied Machinery'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.