Guangdong Rifeng Electric Cable Co., Ltd. engages in the research and development, design, manufacture, and sale of rubber-sheathed cables in the People's Republic of China and internationally. The company provides appliances, electromechanics, power tools, lighting technology, welding, control, wind turbine, extension, and special cables, as well as cable reels, power cord assemblies, and house building wires. Its products are used in air conditioning, home appliances, wind power generation, new energy, high-end equipment manufacturing, building machinery, port machinery, petrochemical industry, marine engineering, vehicles and vessels, and robot and power-driven tools. The company was founded in 2009 and is based in Zhongshan, the People's Republic of China.
Guangdong Rifeng Electric Cable Dividend Announcement
• Guangdong Rifeng Electric Cable announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-06-27. Ex dividend date: 2024-06-27 • Guangdong Rifeng Electric Cable annual dividend for 2024 was ¥0.10 • Guangdong Rifeng Electric Cable annual dividend for 2023 was ¥0.06 • Guangdong Rifeng Electric Cable's trailing twelve-month (TTM) dividend yield is 0.9% • Guangdong Rifeng Electric Cable's payout ratio for the trailing twelve months (TTM) is 44.40%
Guangdong Rifeng Electric Cable current trailing twelve-month (TTM) dividend yield is 0.9%. Interested in purchasing Guangdong Rifeng Electric Cable stock? Use our calculator to estimate your expected dividend yield:
Guangdong Rifeng Electric Cable Financial Ratios
P/E ratio23.99
PEG ratio0.24
P/B ratio2.12
ROE9.05%
Payout ratio44.40%
Current ratio1.81
Quick ratio1.56
Cash Ratio0.19
Guangdong Rifeng Electric Cable Dividend FAQ
How much is the next Guangdong Rifeng Electric Cable dividend?
Guangdong Rifeng Electric Cable'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 Rifeng Electric Cable dividend. The next Guangdong Rifeng Electric Cable dividend will be released in July.
When is Guangdong Rifeng Electric Cable dividend paid?
Guangdong Rifeng Electric Cable 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 Rifeng Electric Cable pay?
The specific amount of Guangdong Rifeng Electric Cable 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 Rifeng Electric Cable's dividend history.
Does Guangdong Rifeng Electric Cable stock pay dividends?
Yes, Guangdong Rifeng Electric Cable 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 Rifeng Electric Cable's dividend history.
How much dividend does Guangdong Rifeng Electric Cable pay?
Guangdong Rifeng Electric Cable paid ¥0.1 in 2024, ¥0.06 in 2023, ¥0.1 in 2022, ¥0.12 in 2021, and ¥0.12 in 2020.
How often does Guangdong Rifeng Electric Cable pay dividends?
Guangdong Rifeng Electric Cable 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 Rifeng Electric Cable's dividend yield?
The current dividend yield for Guangdong Rifeng Electric Cable is 0.9%. 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 Rifeng Electric Cable's exact dividend yield.
When does Guangdong Rifeng Electric Cable go ex dividend?
Guangdong Rifeng Electric Cable's ex-dividend date for the latest dividend was on 2024-06-27. Guangdong Rifeng Electric Cable 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 Rifeng Electric Cable dividend paid?
Guangdong Rifeng Electric Cable pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Guangdong Rifeng Electric Cable 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 Rifeng Electric Cable 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 Rifeng Electric Cable dividend per share?
Guangdong Rifeng Electric Cable paid ¥0.1 per share in 2024 and ¥0.06 per share in 2023. The amount of dividend per share that Guangdong Rifeng Electric Cable 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 Rifeng Electric Cable 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 Rifeng Electric Cable 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 Rifeng Electric Cable a dividend stock?
Yes, Guangdong Rifeng Electric Cable is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Guangdong Rifeng Electric Cable a good dividend stock?
Whether Guangdong Rifeng Electric Cable 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 Rifeng Electric Cable has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Guangdong Rifeng Electric Cable 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 Rifeng Electric Cable pay dividends monthly?
Guangdong Rifeng Electric Cable typically pays dividends on a annually basis.
Does Guangdong Rifeng Electric Cable pay dividends quarterly?
Guangdong Rifeng Electric Cable currently pays dividends on a annually basis.
Has Guangdong Rifeng Electric Cable ever paid a dividend?
Yes, Guangdong Rifeng Electric Cable has a history of paying dividends to its shareholders. Guangdong Rifeng Electric Cable is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Guangdong Rifeng Electric Cable dividend stocks?
To buy Guangdong Rifeng Electric Cable 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 Rifeng Electric Cable 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 Rifeng Electric Cable pay dividends 2024?
Guangdong Rifeng Electric Cable pays dividends on a annually basis. 2024 dividend payments are in 2024-06-27. 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 Rifeng Electric Cable increase its dividend in 2024?
Decisions regarding Guangdong Rifeng Electric Cable 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 Rifeng Electric Cable dividend overview you can look into the above table of dividend history.
How Guangdong Rifeng Electric Cable dividend works?
The Guangdong Rifeng Electric Cable 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 Rifeng Electric Cable's dividend process works:
1. Determination of Dividend: Guangdong Rifeng Electric Cable'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 Rifeng Electric Cable 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 Rifeng Electric Cable 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 Rifeng Electric Cable 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 Rifeng Electric Cable dividends paid?
Guangdong Rifeng Electric Cable dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Guangdong Rifeng Electric Cable 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 Rifeng Electric Cable 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 Rifeng Electric Cable 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 Rifeng Electric Cable pay dividends?
Guangdong Rifeng Electric Cable 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 Rifeng Electric Cable pay dividends?
The general pattern is that Guangdong Rifeng Electric Cable 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 Rifeng Electric Cable dividend safe?
The safety of Guangdong Rifeng Electric Cable'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 Rifeng Electric Cable'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 Rifeng Electric Cable'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.