Hengdian Group DMEGC Magnetics Co., Ltd manufactures and sells hard ferrite magnets and ferrite cores in China, the European Union, the United States, Japan, South America, Southeast Asia, and internationally. It offers ferrite magnet products, including ring, segment, microwave oven, square, and isotropic magnets; ferrite cores comprising Mn-Zn ferrite power, Ni-Zn ferrite, Mn-Zn high permeability ferrite, iron powder, and magnetic powder cores; and NdFeB magnets, such as bonded square, segment, and ring magnets. The company also provides motor housing and assembly products consisting of seamless steel tube cutting, rolling steel, and deep drawn motor housings; sintered powder for hard ferrite magnet and bonded powder for hard ferrite; solar cells and modules; and alkaline Zn-Mn dry batteries. In addition, it offers purifying home appliances, such as water and air purifiers; and hard alloy products, such as tungsten powder, carbonized tungsten powder, mold and anisotropic hard alloys, and mining tools, as well as anvil and compound sheet products. Further, the company provides EV/EB and power tool series cells; and battery packs for electric vehicles, small automotive battery systems, and battery pack for power tools. Additionally, it provides flexible copper clad laminates, including polyimide FCCL and polyimide cladding; and rare earth materials, such as fluorescent level europium, terbium, dysprosium, lanthanum, praseodymium-neodymium, and other oxide products. The company also invests in, develops, constructs, and operates solar grid-connected and BIPV projects; operates a tourism business hotel; and engages in international trade activities. Its products are used in the electronic appliance, automotive, communication, and other markets. The company was founded in 1980 and is based in Dongyang, China.
Hengdian DMEGC Magnetics Dividend Announcement
• Hengdian DMEGC Magnetics announced a annually dividend of ¥0.39 per ordinary share which will be made payable on 2024-05-16. Ex dividend date: 2024-05-16
• Hengdian DMEGC Magnetics annual dividend for 2024 was ¥0.39
• Hengdian DMEGC Magnetics annual dividend for 2023 was ¥0.36
• Hengdian DMEGC Magnetics 's trailing twelve-month (TTM) dividend yield is 2.57%
• Hengdian DMEGC Magnetics 's payout ratio for the trailing twelve months (TTM) is 112.75%
• Hengdian DMEGC Magnetics 's dividend growth over the last five years (2018-2023) was 29.34% year
Hengdian DMEGC Magnetics Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-05-16 | ¥0.39 | annually | 2024-05-16 |
| 2023-05-19 | ¥0.36 | annually | 2023-05-19 |
| 2022-05-20 | ¥0.24 | annually | 2022-05-20 |
| 2021-05-21 | ¥0.22 | annually | 2021-05-21 |
| 2020-05-15 | ¥0.15 | annually | 2020-05-15 |
| 2019-05-23 | ¥0.15 | annually | 2019-05-23 |
| 2018-05-04 | ¥0.10 | annually | 2018-05-04 |
| 2017-04-26 | ¥0.06 | annually | 2017-04-26 |
| 2016-05-06 | ¥0.20 | annually | |
| 2015-06-18 | ¥0.28 | annually | |
| 2014-06-05 | ¥0.10 | annually | |
| 2012-05-24 | ¥0.02 | annually |
Hengdian DMEGC Magnetics Dividend per year
Hengdian DMEGC Magnetics Dividend growth
Hengdian DMEGC Magnetics Dividend Yield
Hengdian DMEGC Magnetics current trailing twelve-month (TTM) dividend yield is 2.57%. Interested in purchasing Hengdian DMEGC Magnetics stock? Use our calculator to estimate your expected dividend yield:
Hengdian DMEGC Magnetics Financial Ratios
P/E ratio21.86
PEG ratio2.67
P/B ratio2.60
ROE12.16%
Payout ratio112.75%
Current ratio1.25
Quick ratio0.88
Cash Ratio0.55
Hengdian DMEGC Magnetics Dividend FAQ
How much is the next Hengdian DMEGC Magnetics dividend?
Hengdian DMEGC Magnetics 's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hengdian DMEGC Magnetics dividend. The next Hengdian DMEGC Magnetics dividend will be released in May.
When is Hengdian DMEGC Magnetics dividend paid?
Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics pay?
The specific amount of Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics 's dividend history.
Does Hengdian DMEGC Magnetics stock pay dividends?
Yes, Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics 's dividend history.
How much dividend does Hengdian DMEGC Magnetics pay?
Hengdian DMEGC Magnetics paid ¥0.388 in 2024, ¥0.362 in 2023, ¥0.242 in 2022, ¥0.218 in 2021, and ¥0.149 in 2020.
How often does Hengdian DMEGC Magnetics pay dividends?
Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics 's dividend yield?
The current dividend yield for Hengdian DMEGC Magnetics is 2.57%. 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 Hengdian DMEGC Magnetics 's exact dividend yield.
When does Hengdian DMEGC Magnetics go ex dividend?
Hengdian DMEGC Magnetics 's ex-dividend date for the latest dividend was on 2024-05-16. Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics dividend paid?
Hengdian DMEGC Magnetics pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics dividend per share?
Hengdian DMEGC Magnetics paid ¥0.388 per share in 2024 and ¥0.362 per share in 2023. The amount of dividend per share that Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics a dividend stock?
Yes, Hengdian DMEGC Magnetics is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hengdian DMEGC Magnetics a good dividend stock?
Whether Hengdian DMEGC Magnetics is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hengdian DMEGC Magnetics has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics pay dividends monthly?
Hengdian DMEGC Magnetics typically pays dividends on a annually basis.
Does Hengdian DMEGC Magnetics pay dividends quarterly?
Hengdian DMEGC Magnetics currently pays dividends on a annually basis.
Has Hengdian DMEGC Magnetics ever paid a dividend?
Yes, Hengdian DMEGC Magnetics has a history of paying dividends to its shareholders. Hengdian DMEGC Magnetics is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hengdian DMEGC Magnetics dividend stocks?
To buy Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics pay dividends 2024?
Hengdian DMEGC Magnetics pays dividends on a annually basis. 2024 dividend payments are in 2024-05-16. 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 Hengdian DMEGC Magnetics increase its dividend in 2024?
Decisions regarding Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics dividend overview you can look into the above table of dividend history.
How Hengdian DMEGC Magnetics dividend works?
The Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics 's dividend process works:
1. Determination of Dividend: Hengdian DMEGC Magnetics '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, Hengdian DMEGC Magnetics 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, Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics 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: Hengdian DMEGC Magnetics '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, Hengdian DMEGC Magnetics 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, Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics dividends paid?
Hengdian DMEGC Magnetics dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Hengdian DMEGC Magnetics 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, Hengdian DMEGC Magnetics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hengdian DMEGC Magnetics 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: Hengdian DMEGC Magnetics 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, Hengdian DMEGC Magnetics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics pay dividends?
Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics pay dividends?
The general pattern is that Hengdian DMEGC Magnetics 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 Hengdian DMEGC Magnetics dividend safe?
The safety of Hengdian DMEGC Magnetics '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 Hengdian DMEGC Magnetics '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 Hengdian DMEGC Magnetics '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 Hengdian DMEGC Magnetics '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 Hengdian DMEGC Magnetics '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.