Bichamp Cutting Technology (Hunan) Co., Ltd. manufactures and sells bandsaw blades in China. Its products are used in alloy steel, bearing steel, die steel, stainless steel, abrasive tool steel, titanium alloys, aerospace alloys, and non-ferrous applications. The company was founded in 2003 and is based in Changsha, China.
Bichamp Cutting Technology Dividend Announcement
• Bichamp Cutting Technology announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-05-13. Ex dividend date: 2024-05-13 • Bichamp Cutting Technology annual dividend for 2024 was ¥0.20 • Bichamp Cutting Technology's trailing twelve-month (TTM) dividend yield is 1.11% • Bichamp Cutting Technology's payout ratio for the trailing twelve months (TTM) is 52.97%
Bichamp Cutting Technology current trailing twelve-month (TTM) dividend yield is 1.11%. Interested in purchasing Bichamp Cutting Technology stock? Use our calculator to estimate your expected dividend yield:
Bichamp Cutting Technology Financial Ratios
P/E ratio46.45
PEG ratio3.91
P/B ratio3.18
ROE6.81%
Payout ratio52.97%
Current ratio1.64
Quick ratio1.33
Cash Ratio0.43
Bichamp Cutting Technology Dividend FAQ
How much is the next Bichamp Cutting Technology dividend?
Bichamp Cutting Technology's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Bichamp Cutting Technology dividend. The next Bichamp Cutting Technology dividend will be released in .
When is Bichamp Cutting Technology dividend paid?
Bichamp Cutting Technology pays dividends on a annually basis. The specific dates may vary each year but are generally around . 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 Bichamp Cutting Technology pay?
The specific amount of Bichamp Cutting Technology 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 Bichamp Cutting Technology's dividend history.
Does Bichamp Cutting Technology stock pay dividends?
Yes, Bichamp Cutting Technology 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 Bichamp Cutting Technology's dividend history.
How much dividend does Bichamp Cutting Technology pay?
Bichamp Cutting Technology paid ¥0.2 in 2024, ¥0.0 in 2023, ¥0.15 in 2022, ¥0.1 in 2021, and ¥0.3 in 2020.
How often does Bichamp Cutting Technology pay dividends?
Bichamp Cutting Technology 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 .
What is Bichamp Cutting Technology's dividend yield?
The current dividend yield for Bichamp Cutting Technology is 1.11%. 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 Bichamp Cutting Technology's exact dividend yield.
When does Bichamp Cutting Technology go ex dividend?
Bichamp Cutting Technology's ex-dividend date for the latest dividend was on 2024-05-13. Bichamp Cutting Technology 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 Bichamp Cutting Technology dividend paid?
Bichamp Cutting Technology pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Bichamp Cutting Technology 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 Bichamp Cutting Technology 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 Bichamp Cutting Technology dividend per share?
Bichamp Cutting Technology paid ¥0.2 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Bichamp Cutting Technology 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 Bichamp Cutting Technology 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 Bichamp Cutting Technology 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 Bichamp Cutting Technology a dividend stock?
Yes, Bichamp Cutting Technology is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Bichamp Cutting Technology a good dividend stock?
Whether Bichamp Cutting Technology is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Bichamp Cutting Technology has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Bichamp Cutting 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.
Does Bichamp Cutting Technology pay dividends monthly?
Bichamp Cutting Technology typically pays dividends on a annually basis.
Does Bichamp Cutting Technology pay dividends quarterly?
Bichamp Cutting Technology currently pays dividends on a annually basis.
Has Bichamp Cutting Technology ever paid a dividend?
Yes, Bichamp Cutting Technology has a history of paying dividends to its shareholders. Bichamp Cutting Technology is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Bichamp Cutting Technology dividend stocks?
To buy Bichamp Cutting Technology 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 Bichamp Cutting Technology 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 Bichamp Cutting Technology pay dividends 2024?
Bichamp Cutting Technology pays dividends on a annually basis. 2024 dividend payments are in 2024-05-13. 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 Bichamp Cutting Technology increase its dividend in 2024?
Decisions regarding Bichamp Cutting Technology 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 Bichamp Cutting Technology dividend overview you can look into the above table of dividend history.
How Bichamp Cutting Technology dividend works?
The Bichamp Cutting Technology 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 Bichamp Cutting Technology's dividend process works:
1. Determination of Dividend: Bichamp Cutting 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, Bichamp Cutting 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, Bichamp Cutting 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 Bichamp Cutting 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.
How are Bichamp Cutting Technology dividends paid?
Bichamp Cutting Technology dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Bichamp Cutting 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, Bichamp Cutting 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: Bichamp Cutting 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.
How many times does Bichamp Cutting Technology pay dividends?
Bichamp Cutting Technology 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 Bichamp Cutting Technology pay dividends?
The general pattern is that Bichamp Cutting Technology pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Bichamp Cutting Technology dividend safe?
The safety of Bichamp Cutting Technology'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 Bichamp Cutting 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 Bichamp Cutting 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.