Guangdong Mingzhu Group Co.,Ltd engages in trading and industrial investment activities in China. It is also involved in the real estate and land development businesses. Guangdong Mingzhu Group Co.,Ltd was founded in 1971 and is headquartered in Xingning, China.
Guangdong Mingzhu Dividend Announcement
• Guangdong Mingzhu announced a annually dividend of ¥0.18 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-07-12 • Guangdong Mingzhu annual dividend for 2024 was ¥0.18 • Guangdong Mingzhu annual dividend for 2023 was ¥0.31 • Guangdong Mingzhu's trailing twelve-month (TTM) dividend yield is 4.21% • Guangdong Mingzhu's payout ratio for the trailing twelve months (TTM) is -1345.35% • Guangdong Mingzhu's dividend growth over the last five years (2018-2023) was 54.69% year • Guangdong Mingzhu's dividend growth over the last ten years (2013-2023) was 26.31% year
Guangdong Mingzhu current trailing twelve-month (TTM) dividend yield is 4.21%. Interested in purchasing Guangdong Mingzhu stock? Use our calculator to estimate your expected dividend yield:
Guangdong Mingzhu Financial Ratios
P/E ratio-94.47
PEG ratio-0.96
P/B ratio1.02
ROE-1.03%
Payout ratio-1345.35%
Current ratio6.63
Quick ratio6.40
Cash Ratio0.91
Guangdong Mingzhu Dividend FAQ
How much is the next Guangdong Mingzhu dividend?
Guangdong Mingzhu's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Guangdong Mingzhu dividend. The next Guangdong Mingzhu dividend will be released in July.
When is Guangdong Mingzhu dividend paid?
Guangdong Mingzhu 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 Guangdong Mingzhu pay?
The specific amount of Guangdong Mingzhu 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 Guangdong Mingzhu's dividend history.
Does Guangdong Mingzhu stock pay dividends?
Yes, Guangdong Mingzhu 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 Guangdong Mingzhu's dividend history.
How much dividend does Guangdong Mingzhu pay?
Guangdong Mingzhu paid ¥0.183 in 2024, ¥0.31 in 2023, ¥0.9 in 2022, ¥0.1 in 2021, and ¥0.06 in 2020.
How often does Guangdong Mingzhu pay dividends?
Guangdong Mingzhu 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 Guangdong Mingzhu's dividend yield?
The current dividend yield for Guangdong Mingzhu is 4.21%. 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 Guangdong Mingzhu's exact dividend yield.
When does Guangdong Mingzhu go ex dividend?
Guangdong Mingzhu's ex-dividend date for the latest dividend was on 2024-07-12. Guangdong Mingzhu 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 Guangdong Mingzhu dividend paid?
Guangdong Mingzhu pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Guangdong Mingzhu 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 Guangdong Mingzhu 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 Guangdong Mingzhu dividend per share?
Guangdong Mingzhu paid ¥0.183 per share in 2024 and ¥0.31 per share in 2023. The amount of dividend per share that Guangdong Mingzhu 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 Guangdong Mingzhu 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 Guangdong Mingzhu 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 Guangdong Mingzhu a dividend stock?
Yes, Guangdong Mingzhu is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Guangdong Mingzhu a good dividend stock?
Whether Guangdong Mingzhu is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Guangdong Mingzhu has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Guangdong Mingzhu 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 Guangdong Mingzhu pay dividends monthly?
Guangdong Mingzhu typically pays dividends on a annually basis.
Does Guangdong Mingzhu pay dividends quarterly?
Guangdong Mingzhu currently pays dividends on a annually basis.
Has Guangdong Mingzhu ever paid a dividend?
Yes, Guangdong Mingzhu has a history of paying dividends to its shareholders. Guangdong Mingzhu is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Guangdong Mingzhu dividend stocks?
To buy Guangdong Mingzhu 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 Guangdong Mingzhu 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 Guangdong Mingzhu pay dividends 2024?
Guangdong Mingzhu pays dividends on a annually basis. 2024 dividend payments are in 2024-07-12. 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 Guangdong Mingzhu increase its dividend in 2024?
Decisions regarding Guangdong Mingzhu 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 Guangdong Mingzhu dividend overview you can look into the above table of dividend history.
How Guangdong Mingzhu dividend works?
The Guangdong Mingzhu 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 Guangdong Mingzhu's dividend process works:
1. Determination of Dividend: Guangdong Mingzhu'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, Guangdong Mingzhu 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, Guangdong Mingzhu 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 Guangdong Mingzhu 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 Guangdong Mingzhu dividends paid?
Guangdong Mingzhu dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Guangdong Mingzhu 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, Guangdong Mingzhu distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Guangdong Mingzhu 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 Guangdong Mingzhu pay dividends?
Guangdong Mingzhu 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 Guangdong Mingzhu pay dividends?
The general pattern is that Guangdong Mingzhu 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 Guangdong Mingzhu dividend safe?
The safety of Guangdong Mingzhu'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 Guangdong Mingzhu'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 Guangdong Mingzhu'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.