Gongniu Group Co., Ltd. engages in the research, development, manufacture, and sale of civil electrical products. It offers power strips, high-end surge protectors, and USB power strips, as well as smart WiFi sockets, USB travel power adapters, digital timers, and power transformers; digital accessories, such as car chargers, USB cables, and power banks; decorative switches and sockets; and eye-care LED lights. The company was founded in 1995 and is based in Cixi, China.
Gongniu Dividend Announcement
• Gongniu announced a annually dividend of ¥4.50 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06 • Gongniu annual dividend for 2024 was ¥4.50 • Gongniu annual dividend for 2023 was ¥4.88 • Gongniu's trailing twelve-month (TTM) dividend yield is 4.24% • Gongniu's payout ratio for the trailing twelve months (TTM) is 64.40%
Gongniu current trailing twelve-month (TTM) dividend yield is 4.24%. Interested in purchasing Gongniu stock? Use our calculator to estimate your expected dividend yield:
Gongniu Financial Ratios
P/E ratio21.48
PEG ratio4.51
P/B ratio6.25
ROE29.56%
Payout ratio64.40%
Current ratio3.68
Quick ratio3.37
Cash Ratio1.25
Gongniu Dividend FAQ
How much is the next Gongniu dividend?
Gongniu's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Gongniu dividend. The next Gongniu dividend will be released in June.
When is Gongniu dividend paid?
Gongniu 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 Gongniu pay?
The specific amount of Gongniu 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 Gongniu's dividend history.
Does Gongniu stock pay dividends?
Yes, Gongniu 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 Gongniu's dividend history.
How much dividend does Gongniu pay?
Gongniu paid ¥4.495 in 2024, ¥4.884 in 2023, ¥2.4 in 2022, ¥2.0 in 2021, and ¥3.8 in 2020.
How often does Gongniu pay dividends?
Gongniu 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 Gongniu's dividend yield?
The current dividend yield for Gongniu is 4.24%. 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 Gongniu's exact dividend yield.
When does Gongniu go ex dividend?
Gongniu's ex-dividend date for the latest dividend was on 2024-06-06. Gongniu 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 Gongniu dividend paid?
Gongniu pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Gongniu 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 Gongniu 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 Gongniu dividend per share?
Gongniu paid ¥4.495 per share in 2024 and ¥4.884 per share in 2023. The amount of dividend per share that Gongniu 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 Gongniu 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 Gongniu 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 Gongniu a dividend stock?
Yes, Gongniu is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Gongniu a good dividend stock?
Whether Gongniu is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Gongniu has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Gongniu 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 Gongniu pay dividends monthly?
Gongniu typically pays dividends on a annually basis.
Does Gongniu pay dividends quarterly?
Gongniu currently pays dividends on a annually basis.
Has Gongniu ever paid a dividend?
Yes, Gongniu has a history of paying dividends to its shareholders. Gongniu is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Gongniu dividend stocks?
To buy Gongniu 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 Gongniu 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 Gongniu pay dividends 2024?
Gongniu pays dividends on a annually basis. 2024 dividend payments are in 2024-06-06. 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 Gongniu increase its dividend in 2024?
Decisions regarding Gongniu 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 Gongniu dividend overview you can look into the above table of dividend history.
How Gongniu dividend works?
The Gongniu 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 Gongniu's dividend process works:
1. Determination of Dividend: Gongniu'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, Gongniu 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, Gongniu 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 Gongniu 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 Gongniu dividends paid?
Gongniu dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Gongniu 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, Gongniu distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Gongniu 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 Gongniu pay dividends?
Gongniu 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 Gongniu pay dividends?
The general pattern is that Gongniu 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 Gongniu dividend safe?
The safety of Gongniu'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 Gongniu'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 Gongniu'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.