Dongfeng Electronic Technology Co.,Ltd. engages in the research, development, procurement, manufacture, and sale of automotive parts and accessories in China. It offers automotive instrument systems, trim systems, braking systems, fuel supply systems, GPS car navigation system components, body controllers, cockpits, etc., as well as automotive electronics system products; and sensors and other component products, plastic parts, and non-ferrous metal die castings for automobiles, motorcycles, and other areas. The company was founded in 1997 and is based in Shanghai, China. Dongfeng Electronic Technology Co.,Ltd. is a subsidiary of Dongfeng Motor Parts & Components Group Co., Ltd.
Dongfeng Electronic Technology Dividend Announcement
• Dongfeng Electronic Technology announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-08-23
• Dongfeng Electronic Technology annual dividend for 2024 was ¥0.07
• Dongfeng Electronic Technology annual dividend for 2023 was ¥0.07
• Dongfeng Electronic Technology's trailing twelve-month (TTM) dividend yield is 0.7%
• Dongfeng Electronic Technology's payout ratio for the trailing twelve months (TTM) is 59.25%
• Dongfeng Electronic Technology's dividend growth over the last five years (2018-2023) was -12.15% year
• Dongfeng Electronic Technology's dividend growth over the last ten years (2013-2023) was -3.42% year
Dongfeng Electronic Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-23 | ¥0.07 | annually | 2024-08-23 |
2023-06-13 | ¥0.07 | annually | 2023-06-13 |
2022-08-17 | ¥0.15 | annually | 2022-08-17 |
2021-07-13 | ¥0.10 | annually | 2021-07-13 |
2020-07-07 | ¥0.14 | annually | 2020-07-07 |
2019-06-19 | ¥0.14 | annually | 2019-06-19 |
2018-07-27 | ¥0.14 | annually | 2018-07-27 |
2017-06-16 | ¥0.12 | annually | 2017-06-16 |
2016-06-16 | ¥0.15 | annually | |
2015-07-23 | ¥0.20 | annually | |
2014-07-24 | ¥0.17 | annually | |
2013-06-25 | ¥0.10 | annually |
Dongfeng Electronic Technology Dividend per year
Dongfeng Electronic Technology Dividend growth
Dongfeng Electronic Technology Dividend Yield
Dongfeng Electronic Technology current trailing twelve-month (TTM) dividend yield is 0.7%. Interested in purchasing Dongfeng Electronic Technology stock? Use our calculator to estimate your expected dividend yield:
Dongfeng Electronic Technology Financial Ratios
Dongfeng Electronic Technology Dividend FAQ
Other factors to consider when evaluating Dongfeng Electronic 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: Dongfeng Electronic 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, Dongfeng Electronic 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, Dongfeng Electronic 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 Dongfeng Electronic 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: Dongfeng Electronic 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, Dongfeng Electronic 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: Dongfeng Electronic 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 Dongfeng Electronic 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 Dongfeng Electronic 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.