Changying Xinzhi Technology Co.,Ltd. produces and sells stator cores and lamination cores for use in the motor field of automobiles, electric bikes, and air-conditioners in China and internationally. It offers stator cores of automobile alternators, armatures of micro-motors, stator assemblies of automobiles, armatures of e-bikes, fans of automobile alternators, stator frames of automobile starters, stator cores of elevator traction machines, and others. The company was formerly known as Xinzhi Motor Co.,Ltd. and changed its name to Changying Xinzhi Technology Co.,Ltd. in December 2017. Changying Xinzhi Technology Co.,Ltd. was founded in 1990 and is based in Jiaojiang, China.
Changying Xinzhi Technology Dividend Announcement
• Changying Xinzhi Technology announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-06-11. Ex dividend date: 2024-06-11
• Changying Xinzhi Technology annual dividend for 2024 was ¥0.07
• Changying Xinzhi Technology annual dividend for 2023 was ¥0.06
• Changying Xinzhi Technology's trailing twelve-month (TTM) dividend yield is 0.51%
• Changying Xinzhi Technology's payout ratio for the trailing twelve months (TTM) is 54.61%
• Changying Xinzhi Technology's dividend growth over the last five years (2018-2023) was -1.59% year
• Changying Xinzhi Technology's dividend growth over the last ten years (2013-2023) was -11.34% year
Changying Xinzhi Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-11 | ¥0.07 | annually | 2024-06-11 |
2023-06-12 | ¥0.06 | annually | 2023-06-12 |
2022-04-20 | ¥0.06 | annually | 2022-04-20 |
2021-06-25 | ¥0.10 | annually | 2021-06-25 |
2020-07-13 | ¥0.08 | annually | 2020-07-13 |
2019-05-28 | ¥0.07 | annually | 2019-05-28 |
2018-06-14 | ¥0.07 | annually | 2018-06-14 |
2017-06-14 | ¥0.06 | annually | 2017-06-14 |
2016-05-31 | ¥0.05 | annually | |
2015-04-23 | ¥0.20 | annually | |
2014-05-30 | ¥0.22 | annually | |
2013-05-30 | ¥0.20 | annually |
Changying Xinzhi Technology Dividend per year
Changying Xinzhi Technology Dividend growth
Changying Xinzhi Technology Dividend Yield
Changying Xinzhi Technology current trailing twelve-month (TTM) dividend yield is 0.51%. Interested in purchasing Changying Xinzhi Technology stock? Use our calculator to estimate your expected dividend yield:
Changying Xinzhi Technology Financial Ratios
Changying Xinzhi Technology Dividend FAQ
Other factors to consider when evaluating Changying Xinzhi 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.
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1. Determination of Dividend: Changying Xinzhi 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, Changying Xinzhi 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, Changying Xinzhi 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 Changying Xinzhi 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.
1. Record Date: Changying Xinzhi 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, Changying Xinzhi 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: Changying Xinzhi 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.
To assess the safety of Changying Xinzhi 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 Changying Xinzhi 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.