Hefei Meyer Optoelectronic Technology Inc. researches, develops, and sells optical sorting and X-ray inspection technologies. The company offers rice, tea, wheat and corn, grain, nuts, cashew, peanuts, beans, and plastic color sorters, as well as belt and chute sorters. It also provides X-ray inspection machines for canned food, dehydrated vegetable, frozen food, meat, mushroom, seafood, shoes/clothes/bags, snacks, and tire inspection, as well as security inspection. In addition, the company offers double layer, pre-sale, helpdesk, onsite, warranty, spare parts, and training services. It primarily serves agricultural products processing, industrial inspection, and healthcare industries in approximately 100 countries. Hefei Meyer Optoelectronic Technology Inc. was founded in 1993 and is based in Hefei, China.
Hefei Meyer Optoelectronic Technology Dividend Announcement
• Hefei Meyer Optoelectronic Technology announced a annually dividend of ¥0.70 per ordinary share which will be made payable on 2024-05-17. Ex dividend date: 2024-05-17
• Hefei Meyer Optoelectronic Technology annual dividend for 2024 was ¥0.70
• Hefei Meyer Optoelectronic Technology annual dividend for 2023 was ¥0.70
• Hefei Meyer Optoelectronic Technology's trailing twelve-month (TTM) dividend yield is 4.48%
• Hefei Meyer Optoelectronic Technology's payout ratio for the trailing twelve months (TTM) is 97.55%
• Hefei Meyer Optoelectronic Technology's dividend growth over the last five years (2018-2023) was 6.96% year
• Hefei Meyer Optoelectronic Technology's dividend growth over the last ten years (2013-2023) was 8.84% year
Hefei Meyer Optoelectronic Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-17 | ¥0.70 | annually | 2024-05-17 |
2023-05-11 | ¥0.70 | annually | 2023-05-11 |
2022-05-13 | ¥0.80 | annually | 2022-05-13 |
2021-05-20 | ¥0.80 | annually | 2021-05-20 |
2020-05-22 | ¥0.80 | annually | 2020-05-22 |
2019-05-21 | ¥0.70 | annually | 2019-05-21 |
2018-05-16 | ¥0.50 | annually | 2018-05-16 |
2017-06-08 | ¥0.30 | annually | 2017-06-08 |
2016-05-24 | ¥0.30 | annually | |
2015-05-22 | ¥0.20 | annually | |
2014-05-20 | ¥0.30 | annually | |
2013-06-07 | ¥0.30 | annually |
Hefei Meyer Optoelectronic Technology Dividend per year
Hefei Meyer Optoelectronic Technology Dividend growth
Hefei Meyer Optoelectronic Technology Dividend Yield
Hefei Meyer Optoelectronic Technology current trailing twelve-month (TTM) dividend yield is 4.48%. Interested in purchasing Hefei Meyer Optoelectronic Technology stock? Use our calculator to estimate your expected dividend yield:
Hefei Meyer Optoelectronic Technology Financial Ratios
Hefei Meyer Optoelectronic Technology Dividend FAQ
Other factors to consider when evaluating Hefei Meyer Optoelectronic Technology 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.
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1. Determination of Dividend: Hefei Meyer Optoelectronic Technology'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, Hefei Meyer Optoelectronic Technology 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, Hefei Meyer Optoelectronic Technology 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 Hefei Meyer Optoelectronic Technology 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. Record Date: Hefei Meyer Optoelectronic Technology 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, Hefei Meyer Optoelectronic Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hefei Meyer Optoelectronic Technology 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.
To assess the safety of Hefei Meyer Optoelectronic Technology'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 Hefei Meyer Optoelectronic Technology'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.