Hangzhou Jizhi Mechatronic Co., Ltd. engages design, research and development, manufacture, and sale of automatic balancing machines in China. The company's products include automatic balancing machine, auto-positioning balancing test machine, vertical balancing machine, universal balancing machine, electrical vehicle motor balancing machine, shaft straightening machine, motor balancing machine, turbo testing machine, winding machine, and motor automatic manufacturing equipment, as well as provides motor technical consulting services. Its products are used in home appliances, power tools and auto parts, and electrical vehicles fields. The company was incorporated in 2004 and is based in Hangzhou, China.
Hangzhou Jizhi Mechatronic Dividend Announcement
• Hangzhou Jizhi Mechatronic announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-24 • Hangzhou Jizhi Mechatronic annual dividend for 2024 was ¥0.07 • Hangzhou Jizhi Mechatronic annual dividend for 2023 was ¥0.10 • Hangzhou Jizhi Mechatronic's trailing twelve-month (TTM) dividend yield is 0.25% • Hangzhou Jizhi Mechatronic's payout ratio for the trailing twelve months (TTM) is 76.81%
Hangzhou Jizhi Mechatronic current trailing twelve-month (TTM) dividend yield is 0.25%. Interested in purchasing Hangzhou Jizhi Mechatronic stock? Use our calculator to estimate your expected dividend yield:
Hangzhou Jizhi Mechatronic Financial Ratios
P/E ratio181.04
PEG ratio-56.16
P/B ratio3.05
ROE1.73%
Payout ratio76.81%
Current ratio2.56
Quick ratio1.92
Cash Ratio1.07
Hangzhou Jizhi Mechatronic Dividend FAQ
How much is the next Hangzhou Jizhi Mechatronic dividend?
Hangzhou Jizhi Mechatronic'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 Jizhi Mechatronic dividend. The next Hangzhou Jizhi Mechatronic dividend will be released in May.
When is Hangzhou Jizhi Mechatronic dividend paid?
Hangzhou Jizhi Mechatronic pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Jizhi Mechatronic pay?
The specific amount of Hangzhou Jizhi Mechatronic 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 Jizhi Mechatronic's dividend history.
Does Hangzhou Jizhi Mechatronic stock pay dividends?
Yes, Hangzhou Jizhi Mechatronic 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 Jizhi Mechatronic's dividend history.
How much dividend does Hangzhou Jizhi Mechatronic pay?
Hangzhou Jizhi Mechatronic paid ¥0.07 in 2024, ¥0.1 in 2023, ¥0.0 in 2022, ¥0.2 in 2021, and ¥0.0 in 2020.
How often does Hangzhou Jizhi Mechatronic pay dividends?
Hangzhou Jizhi Mechatronic 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 May.
What is Hangzhou Jizhi Mechatronic's dividend yield?
The current dividend yield for Hangzhou Jizhi Mechatronic 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 Hangzhou Jizhi Mechatronic's exact dividend yield.
When does Hangzhou Jizhi Mechatronic go ex dividend?
Hangzhou Jizhi Mechatronic's ex-dividend date for the latest dividend was on 2024-05-24. Hangzhou Jizhi Mechatronic 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 Jizhi Mechatronic dividend paid?
Hangzhou Jizhi Mechatronic pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Hangzhou Jizhi Mechatronic 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 Jizhi Mechatronic 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 Jizhi Mechatronic dividend per share?
Hangzhou Jizhi Mechatronic paid ¥0.07 per share in 2024 and ¥0.1 per share in 2023. The amount of dividend per share that Hangzhou Jizhi Mechatronic 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 Jizhi Mechatronic 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 Jizhi Mechatronic 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 Jizhi Mechatronic a dividend stock?
Yes, Hangzhou Jizhi Mechatronic is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hangzhou Jizhi Mechatronic a good dividend stock?
Whether Hangzhou Jizhi Mechatronic 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 Jizhi Mechatronic has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Hangzhou Jizhi Mechatronic 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 Jizhi Mechatronic pay dividends monthly?
Hangzhou Jizhi Mechatronic typically pays dividends on a annually basis.
Does Hangzhou Jizhi Mechatronic pay dividends quarterly?
Hangzhou Jizhi Mechatronic currently pays dividends on a annually basis.
Has Hangzhou Jizhi Mechatronic ever paid a dividend?
Yes, Hangzhou Jizhi Mechatronic has a history of paying dividends to its shareholders. Hangzhou Jizhi Mechatronic is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hangzhou Jizhi Mechatronic dividend stocks?
To buy Hangzhou Jizhi Mechatronic 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 Jizhi Mechatronic 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 Jizhi Mechatronic pay dividends 2024?
Hangzhou Jizhi Mechatronic pays dividends on a annually basis. 2024 dividend payments are in 2024-05-24. 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 Jizhi Mechatronic increase its dividend in 2024?
Decisions regarding Hangzhou Jizhi Mechatronic 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 Jizhi Mechatronic dividend overview you can look into the above table of dividend history.
How Hangzhou Jizhi Mechatronic dividend works?
The Hangzhou Jizhi Mechatronic 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 Jizhi Mechatronic's dividend process works:
1. Determination of Dividend: Hangzhou Jizhi Mechatronic'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 Jizhi Mechatronic 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 Jizhi Mechatronic 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 Jizhi Mechatronic 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 Jizhi Mechatronic dividends paid?
Hangzhou Jizhi Mechatronic dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Hangzhou Jizhi Mechatronic 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 Jizhi Mechatronic 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 Jizhi Mechatronic 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 Jizhi Mechatronic pay dividends?
Hangzhou Jizhi Mechatronic 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 Jizhi Mechatronic pay dividends?
The general pattern is that Hangzhou Jizhi Mechatronic pays dividends around May. 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 Jizhi Mechatronic dividend safe?
The safety of Hangzhou Jizhi Mechatronic'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 Jizhi Mechatronic'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 Jizhi Mechatronic'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.