EST Tools Co., Ltd. researches, develops, manufactures, and sells cutting tools and precision spline gauges in China and internationally. The company offers round and flat broaches; forming racks; forming roll and spline forming dies; spline and variable gauges, master gears; and hobs and shaper cutters. It also offers drilling and milling cutters; and core drills and hole saws. The company's products are used in aerospace, auto parts, construction machinery, power station equipment, precision machinery, ships, steel structures construction, wind power, defense equipment, and other fields. EST Tools Co., Ltd. was founded in 1997 and is based in Jiaxing, China.
EST Tools Dividend Announcement
• EST Tools announced a semi annually dividend of ¥0.37 per ordinary share which will be made payable on 2024-11-27. Ex dividend date: 2024-11-27
• EST Tools annual dividend for 2024 was ¥0.57
• EST Tools annual dividend for 2023 was ¥0.14
• EST Tools 's trailing twelve-month (TTM) dividend yield is 0.82%
• EST Tools 's payout ratio for the trailing twelve months (TTM) is 42.72%
• EST Tools 's dividend growth over the last five years (2018-2023) was -11.06% year
EST Tools Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-27 | ¥0.37 | semi annually | 2024-11-27 |
2024-05-28 | ¥0.20 | semi annually | 2024-05-28 |
2023-07-06 | ¥0.14 | semi annually | 2023-07-06 |
2022-06-06 | ¥0.18 | semi annually | 2022-06-06 |
2021-04-30 | ¥0.15 | semi annually | 2021-04-30 |
2020-06-08 | ¥0.13 | semi annually | 2020-06-08 |
2019-07-03 | ¥0.28 | semi annually | 2019-07-03 |
2018-07-10 | ¥0.26 | semi annually | 2018-07-10 |
2017-06-09 | ¥0.25 | semi annually | 2017-06-09 |
2016-05-03 | ¥0.22 | semi annually |
EST Tools Dividend per year
EST Tools Dividend growth
EST Tools Dividend Yield
EST Tools current trailing twelve-month (TTM) dividend yield is 0.82%. Interested in purchasing EST Tools stock? Use our calculator to estimate your expected dividend yield:
EST Tools Financial Ratios
EST Tools Dividend FAQ
Other factors to consider when evaluating EST Tools 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: EST Tools '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, EST Tools 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, EST Tools 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 EST Tools 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: EST Tools 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, EST Tools distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: EST Tools 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 EST Tools '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 EST Tools '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.