Ginlong Technologies Co., Ltd. engages in the research, development, production, service, and sale of string inverters worldwide. The company provides single and three phase inverters; utility scale inverters; energy storage inverters; export power manager, autotransformers, data logging sticks, and other accessories, as well as after-sales services. It sells its products under the Solis brand. The company was founded in 2005 and is headquartered in Ningbo, China.
Ginlong Technologies Dividend Announcement
• Ginlong Technologies announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-29 • Ginlong Technologies annual dividend for 2024 was ¥0.20 • Ginlong Technologies annual dividend for 2023 was ¥0.40 • Ginlong Technologies's trailing twelve-month (TTM) dividend yield is 0.3% • Ginlong Technologies's payout ratio for the trailing twelve months (TTM) is 69.48%
Ginlong Technologies current trailing twelve-month (TTM) dividend yield is 0.3%. Interested in purchasing Ginlong Technologies stock? Use our calculator to estimate your expected dividend yield:
Ginlong Technologies Financial Ratios
P/E ratio38.08
PEG ratio0.35
P/B ratio3.18
ROE8.72%
Payout ratio69.48%
Current ratio1.06
Quick ratio0.63
Cash Ratio0.22
Ginlong Technologies Dividend FAQ
How much is the next Ginlong Technologies dividend?
Ginlong Technologies's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Ginlong Technologies dividend. The next Ginlong Technologies dividend will be released in July.
When is Ginlong Technologies dividend paid?
Ginlong Technologies pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Ginlong Technologies pay?
The specific amount of Ginlong Technologies 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 Ginlong Technologies's dividend history.
Does Ginlong Technologies stock pay dividends?
Yes, Ginlong Technologies 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 Ginlong Technologies's dividend history.
How much dividend does Ginlong Technologies pay?
Ginlong Technologies paid ¥0.2 in 2024, ¥0.4 in 2023, ¥0.0 in 2022, ¥0.5 in 2021, and ¥1.0 in 2020.
How often does Ginlong Technologies pay dividends?
Ginlong Technologies 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 July.
What is Ginlong Technologies's dividend yield?
The current dividend yield for Ginlong Technologies is 0.3%. 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 Ginlong Technologies's exact dividend yield.
When does Ginlong Technologies go ex dividend?
Ginlong Technologies's ex-dividend date for the latest dividend was on 2024-05-29. Ginlong Technologies 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 Ginlong Technologies dividend paid?
Ginlong Technologies pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Ginlong Technologies 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 Ginlong Technologies 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 Ginlong Technologies dividend per share?
Ginlong Technologies paid ¥0.2 per share in 2024 and ¥0.4 per share in 2023. The amount of dividend per share that Ginlong Technologies 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 Ginlong Technologies 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 Ginlong Technologies 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 Ginlong Technologies a dividend stock?
Yes, Ginlong Technologies is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ginlong Technologies a good dividend stock?
Whether Ginlong Technologies is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Ginlong Technologies has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Ginlong Technologies 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 Ginlong Technologies pay dividends monthly?
Ginlong Technologies typically pays dividends on a annually basis.
Does Ginlong Technologies pay dividends quarterly?
Ginlong Technologies currently pays dividends on a annually basis.
Has Ginlong Technologies ever paid a dividend?
Yes, Ginlong Technologies has a history of paying dividends to its shareholders. Ginlong Technologies is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ginlong Technologies dividend stocks?
To buy Ginlong Technologies 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 Ginlong Technologies 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 Ginlong Technologies pay dividends 2024?
Ginlong Technologies pays dividends on a annually basis. 2024 dividend payments are in 2024-05-29. 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 Ginlong Technologies increase its dividend in 2024?
Decisions regarding Ginlong Technologies 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 Ginlong Technologies dividend overview you can look into the above table of dividend history.
How Ginlong Technologies dividend works?
The Ginlong Technologies 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 Ginlong Technologies's dividend process works:
1. Determination of Dividend: Ginlong Technologies'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, Ginlong Technologies 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, Ginlong Technologies 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 Ginlong Technologies 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 Ginlong Technologies dividends paid?
Ginlong Technologies dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Ginlong Technologies 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, Ginlong Technologies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ginlong Technologies 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 Ginlong Technologies pay dividends?
Ginlong Technologies 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 Ginlong Technologies pay dividends?
The general pattern is that Ginlong Technologies pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Ginlong Technologies dividend safe?
The safety of Ginlong Technologies'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 Ginlong Technologies'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 Ginlong Technologies'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.