Hangzhou Advance Gearbox Group Co., Ltd. designs and manufactures transmission and powder metallurgical products in China. The company offers marine gearboxes, hydraulic clutches, hydraulic transmissions and CPPs, FPPs, and tunnel and azimuthing thrusters for use in fishing, transport, working, special boats, ocean large-power vessels, etc. It also provides transmissions, torque converters, constructional vehicle axles, etc. for earthmoving, compacting, excavating, transport, concrete, railway track, coal mine machinery, etc.; and industrial vehicle applications. In addition, the company develops automobile transmissions, such as light bus, car, and commercial vehicle transmission technologies; HC and T series transmissions for heavy trucks, large or medium city buses, and highway passenger and commercial cars; pure-electric and hybrid vehicle transmissions for use in pure electric and public buses, small-size four-wheeled electric vehicles, large electric city buses, and hybrid drive cars; and AMT transmissions for large and medium city buses. Further, it offers wind-energy gearboxes; industrial products for building material, food processing, petrochemical engineering, electric power, mining, coal, transportation, rubber and plastic, hoisting, test rig, railway and ocean engineering, and new energy applications; and agricultural transmissions for harvester and baler applications. Additionally, the company provides friction materials and P/M structural parts for use in clutching and braking applications on ship, construction, agricultural, mining machineries, heavy and special vehicles, and universal machineries, as well as large high-precision gears. It also exports products to Southeast Asia, Europe, the Middle East, and other regions. Hangzhou Advance Gearbox Group Co., Ltd. was founded in 1960 and is headquartered in Hangzhou, China.
Hangzhou Advance Gearbox Dividend Announcement
• Hangzhou Advance Gearbox announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-30
• Hangzhou Advance Gearbox annual dividend for 2024 was ¥0.05
• Hangzhou Advance Gearbox annual dividend for 2023 was ¥0.07
• Hangzhou Advance Gearbox's trailing twelve-month (TTM) dividend yield is 0.56%
• Hangzhou Advance Gearbox's payout ratio for the trailing twelve months (TTM) is 38.51%
• Hangzhou Advance Gearbox's dividend growth over the last five years (2018-2023) was 28.84% year
Hangzhou Advance Gearbox Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-05-30 | ¥0.05 | annually | 2024-05-30 |
| 2023-07-07 | ¥0.07 | annually | 2023-07-07 |
| 2022-08-05 | ¥0.02 | annually | 2022-08-05 |
| 2021-06-30 | ¥0.02 | annually | 2021-06-30 |
| 2020-07-03 | ¥0.02 | annually | 2020-07-03 |
| 2019-06-19 | ¥0.02 | annually | 2019-06-19 |
| 2018-06-29 | ¥0.02 | annually | 2018-06-29 |
| 2017-06-21 | ¥0.02 | annually | 2017-06-21 |
| 2015-06-25 | ¥0.02 | annually | |
| 2014-06-25 | ¥0.02 | annually | |
| 2013-06-03 | ¥0.02 | annually | |
| 2012-06-07 | ¥0.09 | annually |
Hangzhou Advance Gearbox Dividend per year
Hangzhou Advance Gearbox Dividend growth
Hangzhou Advance Gearbox Dividend Yield
Hangzhou Advance Gearbox current trailing twelve-month (TTM) dividend yield is 0.56%. Interested in purchasing Hangzhou Advance Gearbox stock? Use our calculator to estimate your expected dividend yield:
Hangzhou Advance Gearbox Financial Ratios
P/E ratio15.86
PEG ratio1.01
P/B ratio1.41
ROE9.32%
Payout ratio38.51%
Current ratio1.12
Quick ratio0.72
Cash Ratio0.19
Hangzhou Advance Gearbox Dividend FAQ
How much is the next Hangzhou Advance Gearbox dividend?
Hangzhou Advance Gearbox's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hangzhou Advance Gearbox dividend. The next Hangzhou Advance Gearbox dividend will be released in July.
When is Hangzhou Advance Gearbox dividend paid?
Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox pay?
The specific amount of Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox's dividend history.
Does Hangzhou Advance Gearbox stock pay dividends?
Yes, Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox's dividend history.
How much dividend does Hangzhou Advance Gearbox pay?
Hangzhou Advance Gearbox paid ¥0.05 in 2024, ¥0.071 in 2023, ¥0.022 in 2022, ¥0.02 in 2021, and ¥0.02 in 2020.
How often does Hangzhou Advance Gearbox pay dividends?
Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox's dividend yield?
The current dividend yield for Hangzhou Advance Gearbox is 0.56%. 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 Hangzhou Advance Gearbox's exact dividend yield.
When does Hangzhou Advance Gearbox go ex dividend?
Hangzhou Advance Gearbox's ex-dividend date for the latest dividend was on 2024-05-30. Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox dividend paid?
Hangzhou Advance Gearbox pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox dividend per share?
Hangzhou Advance Gearbox paid ¥0.05 per share in 2024 and ¥0.071 per share in 2023. The amount of dividend per share that Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox a dividend stock?
Yes, Hangzhou Advance Gearbox is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hangzhou Advance Gearbox a good dividend stock?
Whether Hangzhou Advance Gearbox is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hangzhou Advance Gearbox has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox pay dividends monthly?
Hangzhou Advance Gearbox typically pays dividends on a annually basis.
Does Hangzhou Advance Gearbox pay dividends quarterly?
Hangzhou Advance Gearbox currently pays dividends on a annually basis.
Has Hangzhou Advance Gearbox ever paid a dividend?
Yes, Hangzhou Advance Gearbox has a history of paying dividends to its shareholders. Hangzhou Advance Gearbox is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hangzhou Advance Gearbox dividend stocks?
To buy Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox pay dividends 2024?
Hangzhou Advance Gearbox pays dividends on a annually basis. 2024 dividend payments are in 2024-05-30. 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 Hangzhou Advance Gearbox increase its dividend in 2024?
Decisions regarding Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox dividend overview you can look into the above table of dividend history.
How Hangzhou Advance Gearbox dividend works?
The Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox's dividend process works:
1. Determination of Dividend: Hangzhou Advance Gearbox'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, Hangzhou Advance Gearbox 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, Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox 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: Hangzhou Advance Gearbox'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, Hangzhou Advance Gearbox 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, Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox dividends paid?
Hangzhou Advance Gearbox dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Hangzhou Advance Gearbox 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, Hangzhou Advance Gearbox distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hangzhou Advance Gearbox 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: Hangzhou Advance Gearbox 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, Hangzhou Advance Gearbox distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox pay dividends?
Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox pay dividends?
The general pattern is that Hangzhou Advance Gearbox 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 Hangzhou Advance Gearbox dividend safe?
The safety of Hangzhou Advance Gearbox'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 Hangzhou Advance Gearbox'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 Hangzhou Advance Gearbox'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 Hangzhou Advance Gearbox'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 Hangzhou Advance Gearbox'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.