Henan Mingtai Al.Industrial Co.,Ltd. produces and sells aluminum products in China. It offers aluminum sheets, coils, foils, and checker plates. The company's products are used in high-speed rail train, Inter-city rail, aerospace, automobile manufacturing, architectural decoration, shipbuilding, packaging, electronic appliances, printing, and other industries. It also exports its products to approximately 100 countries worldwide. The company was founded in 1997 and is headquartered in Zhengzhou, China.
Henan Mingtai Al.Industrial Dividend Announcement
• Henan Mingtai Al.Industrial announced a annually dividend of ¥0.13 per ordinary share which will be made payable on 2024-06-27. Ex dividend date: 2024-06-27 • Henan Mingtai Al.Industrial annual dividend for 2024 was ¥0.13 • Henan Mingtai Al.Industrial annual dividend for 2023 was ¥0.17 • Henan Mingtai Al.Industrial's trailing twelve-month (TTM) dividend yield is 1.04% • Henan Mingtai Al.Industrial's payout ratio for the trailing twelve months (TTM) is 19.78% • Henan Mingtai Al.Industrial's dividend growth over the last five years (2018-2023) was 10.67% year • Henan Mingtai Al.Industrial's dividend growth over the last ten years (2013-2023) was 5.20% year
Henan Mingtai Al.Industrial current trailing twelve-month (TTM) dividend yield is 1.04%. Interested in purchasing Henan Mingtai Al.Industrial stock? Use our calculator to estimate your expected dividend yield:
Henan Mingtai Al.Industrial Financial Ratios
P/E ratio9.56
PEG ratio0.29
P/B ratio0.89
ROE9.68%
Payout ratio19.78%
Current ratio2.69
Quick ratio1.78
Cash Ratio0.15
Henan Mingtai Al.Industrial Dividend FAQ
How much is the next Henan Mingtai Al.Industrial dividend?
Henan Mingtai Al.Industrial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Henan Mingtai Al.Industrial dividend. The next Henan Mingtai Al.Industrial dividend will be released in June.
When is Henan Mingtai Al.Industrial dividend paid?
Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial pay?
The specific amount of Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial's dividend history.
Does Henan Mingtai Al.Industrial stock pay dividends?
Yes, Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial's dividend history.
How much dividend does Henan Mingtai Al.Industrial pay?
Henan Mingtai Al.Industrial paid ¥0.13 in 2024, ¥0.166 in 2023, ¥0.392 in 2022, ¥0.2 in 2021, and ¥0.1 in 2020.
How often does Henan Mingtai Al.Industrial pay dividends?
Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial's dividend yield?
The current dividend yield for Henan Mingtai Al.Industrial is 1.04%. 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 Henan Mingtai Al.Industrial's exact dividend yield.
When does Henan Mingtai Al.Industrial go ex dividend?
Henan Mingtai Al.Industrial's ex-dividend date for the latest dividend was on 2024-06-27. Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial dividend paid?
Henan Mingtai Al.Industrial pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial dividend per share?
Henan Mingtai Al.Industrial paid ¥0.13 per share in 2024 and ¥0.166 per share in 2023. The amount of dividend per share that Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial a dividend stock?
Yes, Henan Mingtai Al.Industrial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Henan Mingtai Al.Industrial a good dividend stock?
Whether Henan Mingtai Al.Industrial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Henan Mingtai Al.Industrial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial pay dividends monthly?
Henan Mingtai Al.Industrial typically pays dividends on a annually basis.
Does Henan Mingtai Al.Industrial pay dividends quarterly?
Henan Mingtai Al.Industrial currently pays dividends on a annually basis.
Has Henan Mingtai Al.Industrial ever paid a dividend?
Yes, Henan Mingtai Al.Industrial has a history of paying dividends to its shareholders. Henan Mingtai Al.Industrial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Henan Mingtai Al.Industrial dividend stocks?
To buy Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial pay dividends 2024?
Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial increase its dividend in 2024?
Decisions regarding Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial dividend overview you can look into the above table of dividend history.
How Henan Mingtai Al.Industrial dividend works?
The Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial's dividend process works:
1. Determination of Dividend: Henan Mingtai Al.Industrial'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, Henan Mingtai Al.Industrial 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, Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial dividends paid?
Henan Mingtai Al.Industrial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Henan Mingtai Al.Industrial 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, Henan Mingtai Al.Industrial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial pay dividends?
Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial pay dividends?
The general pattern is that Henan Mingtai Al.Industrial 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 Henan Mingtai Al.Industrial dividend safe?
The safety of Henan Mingtai Al.Industrial'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 Henan Mingtai Al.Industrial'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 Henan Mingtai Al.Industrial'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.