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Chengdu Galaxy Magnets Co.,Ltd. engages in the manufacture and sale of magnets worldwide. The company offers bonded NdFeB magnets used in automotive motors, hard disk drive motor, water and oil pump motor, power tools, office and home appliances, and sensors and encoders; and hot-pressed NdFeB magnets used in automotive motors, power tools, servo motors, and small precision brushless motors. It also provides samarium-cobalt magnets used in space and aviation, national defense and military electronics, micro-wave parts, communication equipment, medical electronics, automobiles, magnetic pump, instrument and meters, sensors, and high-ten motors; injected plastic-bonded magnets for use in household appliances, automobiles, office equipment, 3C products, and other fields; and magnet assemblies for glued and plastic injection assemblies. The company was founded in 1993 and is based in Chengdu, the People's Republic of China.

Chengdu Galaxy Magnets Dividend Announcement

Chengdu Galaxy Magnets announced a annually dividend of ¥0.40 per ordinary share which will be made payable on 2024-06-26. Ex dividend date: 2024-06-26
Chengdu Galaxy Magnets annual dividend for 2024 was ¥0.40
Chengdu Galaxy Magnets annual dividend for 2023 was ¥0.40
Chengdu Galaxy Magnets's trailing twelve-month (TTM) dividend yield is 1.19%
Chengdu Galaxy Magnets's payout ratio for the trailing twelve months (TTM) is 100.65%
Chengdu Galaxy Magnets's dividend growth over the last five years (2018-2023) was -2.33% year
Chengdu Galaxy Magnets's dividend growth over the last ten years (2013-2023) was -1.17% year

Chengdu Galaxy Magnets Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-26¥0.40annually2024-06-26
2023-06-15¥0.40annually2023-06-15
2022-06-15¥0.45annually2022-06-15
2021-05-19¥0.35annually2021-05-19
2020-05-15¥0.35annually2020-05-15
2019-05-10¥0.35annually2019-05-10
2018-05-29¥0.45annually2018-05-29
2017-05-10¥0.25annually2017-05-10
2016-04-29¥0.20annually
2015-04-14¥0.15annually
2014-04-14¥0.30annually
2013-04-12¥0.45annually

Chengdu Galaxy Magnets Dividend per year

Chengdu Galaxy Magnets Dividend growth

Chengdu Galaxy Magnets Dividend Yield

Chengdu Galaxy Magnets current trailing twelve-month (TTM) dividend yield is 1.19%. Interested in purchasing Chengdu Galaxy Magnets stock? Use our calculator to estimate your expected dividend yield:

Chengdu Galaxy Magnets Financial Ratios

P/E ratio81.48
PEG ratio-5.06
P/B ratio7.41
ROE9.04%
Payout ratio100.65%
Current ratio14.67
Quick ratio11.37
Cash Ratio7.54

Chengdu Galaxy Magnets Dividend FAQ

How much is the next Chengdu Galaxy Magnets dividend?
Chengdu Galaxy Magnets's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Chengdu Galaxy Magnets dividend. The next Chengdu Galaxy Magnets dividend will be released in June.
When is Chengdu Galaxy Magnets dividend paid?
Chengdu Galaxy Magnets pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Chengdu Galaxy Magnets pay?
The specific amount of Chengdu Galaxy Magnets 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 Chengdu Galaxy Magnets's dividend history.
Does Chengdu Galaxy Magnets stock pay dividends?
Yes, Chengdu Galaxy Magnets 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 Chengdu Galaxy Magnets's dividend history.
How much dividend does Chengdu Galaxy Magnets pay?
Chengdu Galaxy Magnets paid ¥0.4 in 2024, ¥0.4 in 2023, ¥0.45 in 2022, ¥0.35 in 2021, and ¥0.35 in 2020.
How often does Chengdu Galaxy Magnets pay dividends?
Chengdu Galaxy Magnets 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 June.
What is Chengdu Galaxy Magnets's dividend yield?
The current dividend yield for Chengdu Galaxy Magnets is 1.19%. 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 Chengdu Galaxy Magnets's exact dividend yield.
When does Chengdu Galaxy Magnets go ex dividend?
Chengdu Galaxy Magnets's ex-dividend date for the latest dividend was on 2024-06-26. Chengdu Galaxy Magnets 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 Chengdu Galaxy Magnets dividend paid?
Chengdu Galaxy Magnets pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Chengdu Galaxy Magnets 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 Chengdu Galaxy Magnets 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 Chengdu Galaxy Magnets dividend per share?
Chengdu Galaxy Magnets paid ¥0.4 per share in 2024 and ¥0.4 per share in 2023. The amount of dividend per share that Chengdu Galaxy Magnets 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 Chengdu Galaxy Magnets 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 Chengdu Galaxy Magnets 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 Chengdu Galaxy Magnets a dividend stock?
Yes, Chengdu Galaxy Magnets is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Chengdu Galaxy Magnets a good dividend stock?
Whether Chengdu Galaxy Magnets is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Chengdu Galaxy Magnets has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Chengdu Galaxy Magnets 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 Chengdu Galaxy Magnets pay dividends monthly?
Chengdu Galaxy Magnets typically pays dividends on a annually basis.
Does Chengdu Galaxy Magnets pay dividends quarterly?
Chengdu Galaxy Magnets currently pays dividends on a annually basis.
Has Chengdu Galaxy Magnets ever paid a dividend?
Yes, Chengdu Galaxy Magnets has a history of paying dividends to its shareholders. Chengdu Galaxy Magnets is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Chengdu Galaxy Magnets dividend stocks?
To buy Chengdu Galaxy Magnets 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 Chengdu Galaxy Magnets 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 Chengdu Galaxy Magnets pay dividends 2024?
Chengdu Galaxy Magnets pays dividends on a annually basis. 2024 dividend payments are in 2024-06-26. 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 Chengdu Galaxy Magnets increase its dividend in 2024?
Decisions regarding Chengdu Galaxy Magnets 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 Chengdu Galaxy Magnets dividend overview you can look into the above table of dividend history.
How Chengdu Galaxy Magnets dividend works?
The Chengdu Galaxy Magnets 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 Chengdu Galaxy Magnets's dividend process works:

1. Determination of Dividend: Chengdu Galaxy Magnets'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, Chengdu Galaxy Magnets 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, Chengdu Galaxy Magnets 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 Chengdu Galaxy Magnets 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 Chengdu Galaxy Magnets dividends paid?
Chengdu Galaxy Magnets dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Chengdu Galaxy Magnets 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, Chengdu Galaxy Magnets distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Chengdu Galaxy Magnets 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 Chengdu Galaxy Magnets pay dividends?
Chengdu Galaxy Magnets 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 Chengdu Galaxy Magnets pay dividends?
The general pattern is that Chengdu Galaxy Magnets pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Chengdu Galaxy Magnets dividend safe?
The safety of Chengdu Galaxy Magnets'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 Chengdu Galaxy Magnets'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 Chengdu Galaxy Magnets'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.