Guizhou Wire Rope Incorporated Company produces, processes, and sells steel wire ropes and strands, and related materials and equipment primarily in China. The company offers single strand, four strand, multi-layer strand, shaped strand, compacted, point and line contact, parallel laid wire rope, oil wire, thick diameter, sealed, balanced, fishing, elevator, aviation, and handling wire ropes, as well as steel wire ropes for conveyor belts. It also provides steel wires; PC steel strands, including galvanized, pre-stressed concrete, and un-bonded pre-stressed steel strands; and wire rope sling - insert buckles, joint less splicing rigging, aluminum alloy pressed joints, two-legged and Limb rigging, hot and cold castings. The company offers its products under the Dragon brand name. It also exports its products to the United States, Britain, Canada, Denmark, the Netherlands, Singapore, and other countries. The company was founded in 2000 and is headquartered in Zunyi, China.
Guizhou Wire Rope Dividend Announcement
• Guizhou Wire Rope announced a annually dividend of ¥0.04 per ordinary share which will be made payable on 2024-06-27. Ex dividend date: 2024-06-27
• Guizhou Wire Rope annual dividend for 2024 was ¥0.04
• Guizhou Wire Rope annual dividend for 2023 was ¥0.03
• Guizhou Wire Rope 's trailing twelve-month (TTM) dividend yield is 0.25%
• Guizhou Wire Rope 's payout ratio for the trailing twelve months (TTM) is 113.53%
• Guizhou Wire Rope 's dividend growth over the last five years (2018-2023) was -0.68% year
• Guizhou Wire Rope 's dividend growth over the last ten years (2013-2023) was -5.30% year
Guizhou Wire Rope Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-27 | ¥0.04 | annually | 2024-06-27 |
| 2023-06-27 | ¥0.03 | annually | 2023-06-27 |
| 2022-06-27 | ¥0.04 | annually | 2022-06-27 |
| 2021-06-25 | ¥0.04 | annually | 2021-06-25 |
| 2020-07-24 | ¥0.04 | annually | 2020-07-24 |
| 2019-06-21 | ¥0.03 | annually | 2019-06-21 |
| 2018-06-22 | ¥0.03 | annually | 2018-06-22 |
| 2017-06-21 | ¥0.03 | annually | 2017-06-21 |
| 2016-06-22 | ¥0.03 | annually | |
| 2015-06-23 | ¥0.03 | annually | |
| 2014-06-18 | ¥0.03 | annually | |
| 2013-06-17 | ¥0.05 | annually |
Guizhou Wire Rope Dividend per year
Guizhou Wire Rope Dividend growth
Guizhou Wire Rope Dividend Yield
Guizhou Wire Rope current trailing twelve-month (TTM) dividend yield is 0.25%. Interested in purchasing Guizhou Wire Rope stock? Use our calculator to estimate your expected dividend yield:
Guizhou Wire Rope Financial Ratios
P/E ratio131.45
PEG ratio300.86
P/B ratio2.72
ROE2.07%
Payout ratio113.53%
Current ratio1.13
Quick ratio0.79
Cash Ratio0.17
Guizhou Wire Rope Dividend FAQ
How much is the next Guizhou Wire Rope dividend?
Guizhou Wire Rope 's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Guizhou Wire Rope dividend. The next Guizhou Wire Rope dividend will be released in June.
When is Guizhou Wire Rope dividend paid?
Guizhou Wire Rope 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 Guizhou Wire Rope pay?
The specific amount of Guizhou Wire Rope 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 Guizhou Wire Rope 's dividend history.
Does Guizhou Wire Rope stock pay dividends?
Yes, Guizhou Wire Rope 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 Guizhou Wire Rope 's dividend history.
How much dividend does Guizhou Wire Rope pay?
Guizhou Wire Rope paid ¥0.042 in 2024, ¥0.029 in 2023, ¥0.038 in 2022, ¥0.037 in 2021, and ¥0.036 in 2020.
How often does Guizhou Wire Rope pay dividends?
Guizhou Wire Rope 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 Guizhou Wire Rope 's dividend yield?
The current dividend yield for Guizhou Wire Rope is 0.25%. 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 Guizhou Wire Rope 's exact dividend yield.
When does Guizhou Wire Rope go ex dividend?
Guizhou Wire Rope 's ex-dividend date for the latest dividend was on 2024-06-27. Guizhou Wire Rope 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 Guizhou Wire Rope dividend paid?
Guizhou Wire Rope pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Guizhou Wire Rope 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 Guizhou Wire Rope 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 Guizhou Wire Rope dividend per share?
Guizhou Wire Rope paid ¥0.042 per share in 2024 and ¥0.029 per share in 2023. The amount of dividend per share that Guizhou Wire Rope 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 Guizhou Wire Rope 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 Guizhou Wire Rope 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 Guizhou Wire Rope a dividend stock?
Yes, Guizhou Wire Rope is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Guizhou Wire Rope a good dividend stock?
Whether Guizhou Wire Rope is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Guizhou Wire Rope has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Guizhou Wire Rope 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.
Other factors to consider when evaluating Guizhou Wire Rope 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 Guizhou Wire Rope pay dividends monthly?
Guizhou Wire Rope typically pays dividends on a annually basis.
Does Guizhou Wire Rope pay dividends quarterly?
Guizhou Wire Rope currently pays dividends on a annually basis.
Has Guizhou Wire Rope ever paid a dividend?
Yes, Guizhou Wire Rope has a history of paying dividends to its shareholders. Guizhou Wire Rope is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Guizhou Wire Rope dividend stocks?
To buy Guizhou Wire Rope 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 Guizhou Wire Rope 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.
Place an order: Use the brokerage's trading platform to place an order to buy Guizhou Wire Rope 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 Guizhou Wire Rope pay dividends 2024?
Guizhou Wire Rope 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 Guizhou Wire Rope increase its dividend in 2024?
Decisions regarding Guizhou Wire Rope 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 Guizhou Wire Rope dividend overview you can look into the above table of dividend history.
How Guizhou Wire Rope dividend works?
The Guizhou Wire Rope 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 Guizhou Wire Rope 's dividend process works:
1. Determination of Dividend: Guizhou Wire Rope '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, Guizhou Wire Rope 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, Guizhou Wire Rope 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 Guizhou Wire Rope 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. Determination of Dividend: Guizhou Wire Rope '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, Guizhou Wire Rope 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, Guizhou Wire Rope 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 Guizhou Wire Rope 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 Guizhou Wire Rope dividends paid?
Guizhou Wire Rope dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Guizhou Wire Rope 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, Guizhou Wire Rope distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Guizhou Wire Rope 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.
1. Record Date: Guizhou Wire Rope 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, Guizhou Wire Rope distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Guizhou Wire Rope 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 Guizhou Wire Rope pay dividends?
Guizhou Wire Rope 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 Guizhou Wire Rope pay dividends?
The general pattern is that Guizhou Wire Rope 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 Guizhou Wire Rope dividend safe?
The safety of Guizhou Wire Rope '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 Guizhou Wire Rope '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 Guizhou Wire Rope '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.
To assess the safety of Guizhou Wire Rope '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 Guizhou Wire Rope '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.