Chongqing Machinery & Electric Co., Ltd., together with its subsidiaries, designs, manufactures, and sells clean energy equipment and high-end smart manufacturing equipment. It manufactures and sells engines, hydroelectric generation equipment, electrical wires and cables, general machinery, machinery tools, high-voltage transformers, and other products. The company also designs, manufactures, and sells vehicle parts and components; industrial robots, intelligent equipment, etc.; processes electronic products; develops, produces, and leases laser, machinery, and testing equipment; turbines, governors, and auxiliary devices; gear processing machine tools and lathes; automation, intelligent equipment, and accessories; provides cotton picking services and maintains cotton machinery and spare parts; cutting tool; casting and forging of non-ferrous metal smelting and special metal smelting; electrical porcelain; agricultural machinery and accessories, special machine tools, spare parts, and special tooling; precision screw; multi-purpose CNC machine tools, roll grinders, and deep hole boring machines. In addition, it leases properties; engages in turbo mechanical product testing, equipment, and system maintenance and transformation; sewage collection, treatment, and operation management BOT business; other trade business; trades in machinery and raw materials; fan coolers; evaporative cooling, water-cooled, and air-cooled chillers; manufactures wind-power equipment, PPR\PPC tubular product, and gas compressors and components; sells network, environmental, and gas products; design and manufactures industrial pumps and parts, and pressure vessels; mechanical and electrical equipment technology; and sells steel, as well as provides loans. The company was founded in 2007 and is headquartered in Chongqing, the People's Republic of China. Chongqing Machinery & Electric Co., Ltd. is a subsidiary of Chongqing Machinery and Electronics Holding (Group) Co., Ltd.
Chongqing Machinery & Electric Dividend Announcement
• Chongqing Machinery & Electric announced a annually dividend of HK$0.02 per ordinary share which will be made payable on 2024-07-26. Ex dividend date: 2024-06-14
• Chongqing Machinery & Electric annual dividend for 2024 was HK$0.02
• Chongqing Machinery & Electric annual dividend for 2023 was HK$0.03
• Chongqing Machinery & Electric's trailing twelve-month (TTM) dividend yield is 3.75%
• Chongqing Machinery & Electric's payout ratio for the trailing twelve months (TTM) is 47.26%
• Chongqing Machinery & Electric's dividend growth over the last five years (2018-2023) was -1.92% year
• Chongqing Machinery & Electric's dividend growth over the last ten years (2013-2023) was -0.63% year
Chongqing Machinery & Electric Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-14 | HK$0.02 | annually | 2024-07-26 |
| 2023-06-26 | HK$0.03 | annually | 2023-07-27 |
| 2022-06-27 | HK$0.04 | annually | 2022-07-28 |
| 2021-06-28 | HK$0.01 | annually | 2021-07-28 |
| 2020-06-23 | HK$0.01 | annually | 2020-07-29 |
| 2019-06-28 | HK$0.05 | annually | 2019-07-31 |
| 2018-07-03 | HK$0.04 | annually | 2018-07-31 |
| 2017-06-20 | HK$0.04 | annually | 2017-07-28 |
| 2016-06-30 | HK$0.03 | annually | 2016-07-31 |
| 2015-06-22 | HK$0.06 | annually | 2015-07-31 |
| 2014-06-20 | HK$0.05 | annually | 2014-07-31 |
| 2013-06-20 | HK$0.04 | annually | 2013-07-31 |
Chongqing Machinery & Electric Dividend per year
Chongqing Machinery & Electric Dividend growth
Chongqing Machinery & Electric Dividend Yield
Chongqing Machinery & Electric current trailing twelve-month (TTM) dividend yield is 3.75%. Interested in purchasing Chongqing Machinery & Electric stock? Use our calculator to estimate your expected dividend yield:
Chongqing Machinery & Electric Financial Ratios
P/E ratio5.78
PEG ratio0.06
P/B ratio0.29
ROE5.02%
Payout ratio47.26%
Current ratio1.53
Quick ratio1.22
Cash Ratio0.27
Chongqing Machinery & Electric Dividend FAQ
How much is the next Chongqing Machinery & Electric dividend?
Chongqing Machinery & Electric's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Chongqing Machinery & Electric dividend. The next Chongqing Machinery & Electric dividend will be released in June.
When is Chongqing Machinery & Electric dividend paid?
Chongqing Machinery & Electric 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 Chongqing Machinery & Electric pay?
The specific amount of Chongqing Machinery & Electric 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 Chongqing Machinery & Electric's dividend history.
Does Chongqing Machinery & Electric stock pay dividends?
Yes, Chongqing Machinery & Electric 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 Chongqing Machinery & Electric's dividend history.
How much dividend does Chongqing Machinery & Electric pay?
Chongqing Machinery & Electric paid HK$0.022 in 2024, HK$0.033 in 2023, HK$0.035 in 2022, HK$0.012 in 2021, and HK$0.011 in 2020.
How often does Chongqing Machinery & Electric pay dividends?
Chongqing Machinery & Electric 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 Chongqing Machinery & Electric's dividend yield?
The current dividend yield for Chongqing Machinery & Electric is 3.75%. 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 Chongqing Machinery & Electric's exact dividend yield.
When does Chongqing Machinery & Electric go ex dividend?
Chongqing Machinery & Electric's ex-dividend date for the latest dividend was on 2024-06-14. Chongqing Machinery & Electric 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 Chongqing Machinery & Electric dividend paid?
Chongqing Machinery & Electric pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Chongqing Machinery & Electric 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 Chongqing Machinery & Electric 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 Chongqing Machinery & Electric dividend per share?
Chongqing Machinery & Electric paid HK$0.022 per share in 2024 and HK$0.033 per share in 2023. The amount of dividend per share that Chongqing Machinery & Electric 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 Chongqing Machinery & Electric 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 Chongqing Machinery & Electric 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 Chongqing Machinery & Electric a dividend stock?
Yes, Chongqing Machinery & Electric is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Chongqing Machinery & Electric a good dividend stock?
Whether Chongqing Machinery & Electric is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Chongqing Machinery & Electric has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Chongqing Machinery & Electric 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.
Other factors to consider when evaluating Chongqing Machinery & Electric 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 Chongqing Machinery & Electric pay dividends monthly?
Chongqing Machinery & Electric typically pays dividends on a annually basis.
Does Chongqing Machinery & Electric pay dividends quarterly?
Chongqing Machinery & Electric currently pays dividends on a annually basis.
Has Chongqing Machinery & Electric ever paid a dividend?
Yes, Chongqing Machinery & Electric has a history of paying dividends to its shareholders. Chongqing Machinery & Electric is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Chongqing Machinery & Electric dividend stocks?
To buy Chongqing Machinery & Electric 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 Chongqing Machinery & Electric 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.
Place an order: Use the brokerage's trading platform to place an order to buy Chongqing Machinery & Electric 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 Chongqing Machinery & Electric pay dividends 2024?
Chongqing Machinery & Electric pays dividends on a annually basis. 2024 dividend payments are in 2024-07-26. 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 Chongqing Machinery & Electric increase its dividend in 2024?
Decisions regarding Chongqing Machinery & Electric 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 Chongqing Machinery & Electric dividend overview you can look into the above table of dividend history.
How Chongqing Machinery & Electric dividend works?
The Chongqing Machinery & Electric 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 Chongqing Machinery & Electric's dividend process works:
1. Determination of Dividend: Chongqing Machinery & Electric'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, Chongqing Machinery & Electric 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, Chongqing Machinery & Electric 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 Chongqing Machinery & Electric 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. Determination of Dividend: Chongqing Machinery & Electric'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, Chongqing Machinery & Electric 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, Chongqing Machinery & Electric 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 Chongqing Machinery & Electric 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 Chongqing Machinery & Electric dividends paid?
Chongqing Machinery & Electric dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Chongqing Machinery & Electric 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, Chongqing Machinery & Electric distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Chongqing Machinery & Electric 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.
1. Record Date: Chongqing Machinery & Electric 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, Chongqing Machinery & Electric distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Chongqing Machinery & Electric 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 Chongqing Machinery & Electric pay dividends?
Chongqing Machinery & Electric 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 Chongqing Machinery & Electric pay dividends?
The general pattern is that Chongqing Machinery & Electric 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 Chongqing Machinery & Electric dividend safe?
The safety of Chongqing Machinery & Electric'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 Chongqing Machinery & Electric'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 Chongqing Machinery & Electric'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.
To assess the safety of Chongqing Machinery & Electric'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 Chongqing Machinery & Electric'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.