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Chongqing Zongshen Power Machinery Co.,Ltd develops, manufactures, and sells motorcycle engines, gasoline and diesel engines, and various agricultural and forestry machinery in China. The company's products include two-wheel, tricycle, ATV, and scooter engines; horizontal and vertical shaft gasoline engines; diesel and automobile engines; mini power tillers and water pumps; and lawn mowers, cleaning machines, and brush cutters. It also provides small size generator sets, lawn machines, high pressure washers, and hedge trimmers. The company exports its products to approximately 100 countries and regions in Europe, the United States, the Middle East, Southeast Asia, and Africa. Chongqing Zongshen Power Machinery Co.,Ltd is based in Chongqing, China.

Chongqing Zongshen Power Machinery Dividend Announcement

Chongqing Zongshen Power Machinery announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-06-14. Ex dividend date: 2024-06-14
Chongqing Zongshen Power Machinery annual dividend for 2024 was ¥0.25
Chongqing Zongshen Power Machinery annual dividend for 2023 was ¥0.25
Chongqing Zongshen Power Machinery's trailing twelve-month (TTM) dividend yield is 0.95%
Chongqing Zongshen Power Machinery's payout ratio for the trailing twelve months (TTM) is 171.89%
Chongqing Zongshen Power Machinery's dividend growth over the last five years (2018-2023) was 52.81% year
Chongqing Zongshen Power Machinery's dividend growth over the last ten years (2013-2023) was 17.46% year

Chongqing Zongshen Power Machinery Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-14¥0.25annually2024-06-14
2023-06-21¥0.25annually2023-06-21
2022-06-24¥0.25annually2022-06-24
2021-06-22¥0.30annually2021-06-22
2020-06-23¥0.30annually2020-06-23
2019-06-28¥0.23annually2019-06-28
2018-06-22¥0.03annually2018-06-22
2017-07-14¥0.03annually2017-07-14
2016-07-08¥0.36annually
2015-05-29¥0.03annually
2014-06-12¥0.03annually
2013-06-14¥0.05annually

Chongqing Zongshen Power Machinery Dividend per year

Chongqing Zongshen Power Machinery Dividend growth

Chongqing Zongshen Power Machinery Dividend Yield

Chongqing Zongshen Power Machinery current trailing twelve-month (TTM) dividend yield is 0.95%. Interested in purchasing Chongqing Zongshen Power Machinery stock? Use our calculator to estimate your expected dividend yield:

Chongqing Zongshen Power Machinery Financial Ratios

P/E ratio82.30
PEG ratio5.64
P/B ratio6.36
ROE7.79%
Payout ratio171.89%
Current ratio1.76
Quick ratio1.43
Cash Ratio0.52

Chongqing Zongshen Power Machinery Dividend FAQ

How much is the next Chongqing Zongshen Power Machinery dividend?
Chongqing Zongshen Power 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 Chongqing Zongshen Power Machinery dividend. The next Chongqing Zongshen Power Machinery dividend will be released in June.
When is Chongqing Zongshen Power Machinery dividend paid?
Chongqing Zongshen Power Machinery 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 Zongshen Power Machinery pay?
The specific amount of Chongqing Zongshen Power 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 Chongqing Zongshen Power Machinery's dividend history.
Does Chongqing Zongshen Power Machinery stock pay dividends?
Yes, Chongqing Zongshen Power 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 Chongqing Zongshen Power Machinery's dividend history.
How much dividend does Chongqing Zongshen Power Machinery pay?
Chongqing Zongshen Power Machinery paid ¥0.25 in 2024, ¥0.25 in 2023, ¥0.25 in 2022, ¥0.3 in 2021, and ¥0.3 in 2020.
How often does Chongqing Zongshen Power Machinery pay dividends?
Chongqing Zongshen Power 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 June.
What is Chongqing Zongshen Power Machinery's dividend yield?
The current dividend yield for Chongqing Zongshen Power Machinery is 0.95%. 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 Zongshen Power Machinery's exact dividend yield.
When does Chongqing Zongshen Power Machinery go ex dividend?
Chongqing Zongshen Power Machinery's ex-dividend date for the latest dividend was on 2024-06-14. Chongqing Zongshen Power 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 Chongqing Zongshen Power Machinery dividend paid?
Chongqing Zongshen Power Machinery pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Chongqing Zongshen Power 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 Chongqing Zongshen Power 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 Chongqing Zongshen Power Machinery dividend per share?
Chongqing Zongshen Power Machinery paid ¥0.25 per share in 2024 and ¥0.25 per share in 2023. The amount of dividend per share that Chongqing Zongshen Power 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 Chongqing Zongshen Power 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 Chongqing Zongshen Power 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 Chongqing Zongshen Power Machinery a dividend stock?
Yes, Chongqing Zongshen Power Machinery is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Chongqing Zongshen Power Machinery a good dividend stock?
Whether Chongqing Zongshen Power 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. Chongqing Zongshen Power Machinery has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Chongqing Zongshen Power 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 Chongqing Zongshen Power Machinery pay dividends monthly?
Chongqing Zongshen Power Machinery typically pays dividends on a annually basis.
Does Chongqing Zongshen Power Machinery pay dividends quarterly?
Chongqing Zongshen Power Machinery currently pays dividends on a annually basis.
Has Chongqing Zongshen Power Machinery ever paid a dividend?
Yes, Chongqing Zongshen Power Machinery has a history of paying dividends to its shareholders. Chongqing Zongshen Power Machinery is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Chongqing Zongshen Power Machinery dividend stocks?
To buy Chongqing Zongshen Power 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 Chongqing Zongshen Power 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 Chongqing Zongshen Power Machinery pay dividends 2024?
Chongqing Zongshen Power Machinery pays dividends on a annually basis. 2024 dividend payments are in 2024-06-14. 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 Zongshen Power Machinery increase its dividend in 2024?
Decisions regarding Chongqing Zongshen Power 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 Chongqing Zongshen Power Machinery dividend overview you can look into the above table of dividend history.
How Chongqing Zongshen Power Machinery dividend works?
The Chongqing Zongshen Power 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 Chongqing Zongshen Power Machinery's dividend process works:

1. Determination of Dividend: Chongqing Zongshen Power 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, Chongqing Zongshen Power 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, Chongqing Zongshen Power 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 Chongqing Zongshen Power 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 Chongqing Zongshen Power Machinery dividends paid?
Chongqing Zongshen Power Machinery dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Chongqing Zongshen Power 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, Chongqing Zongshen Power 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: Chongqing Zongshen Power 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 Chongqing Zongshen Power Machinery pay dividends?
Chongqing Zongshen Power 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 Chongqing Zongshen Power Machinery pay dividends?
The general pattern is that Chongqing Zongshen Power Machinery 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 Zongshen Power Machinery dividend safe?
The safety of Chongqing Zongshen Power 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 Chongqing Zongshen Power 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 Chongqing Zongshen Power 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.