Huaming Power Equipment Co.,Ltd provides voltage regulation solutions in China. The company offers conventional, vacuum, dry, and gas insulated on-load tap changers; and cage and drum de-energized (off-circuit) tap changers for transformers. It also provides accessories, such as motor drive units, online oil filters, controllers, and other accessories. The company's products as used in chemical, metallurgical, and railway projects, as well as power grids, and energy and other sectors. In addition, it provides training and after-sales services. The company also exports its products to approximately 80 countries in the United States, Asia, Europe, Africa, and Oceania. The company was formerly known as Shandong FIN CNC Machine Co., Ltd. and changed its name to Huaming Power Equipment Co.,Ltd in July 2016. Huaming Power Equipment Co.,Ltd was founded in 1989 is based in Shanghai, China.
Huaming Power Equipment Dividend Announcement
• Huaming Power Equipment announced a semi annually dividend of ¥0.27 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-30
• Huaming Power Equipment annual dividend for 2024 was ¥0.82
• Huaming Power Equipment annual dividend for 2023 was ¥0.57
• Huaming Power Equipment's trailing twelve-month (TTM) dividend yield is 4.73%
• Huaming Power Equipment's payout ratio for the trailing twelve months (TTM) is 217.98%
• Huaming Power Equipment's dividend growth over the last five years (2018-2023) was 36.56% year
Huaming Power Equipment Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | ¥0.27 | semi annually | 2024-09-30 |
2024-05-27 | ¥0.55 | semi annually | 2024-05-27 |
2023-09-06 | ¥0.27 | semi annually | 2023-09-06 |
2023-05-15 | ¥0.30 | semi annually | 2023-05-15 |
2022-09-22 | ¥0.26 | semi annually | 2022-09-22 |
2022-05-23 | ¥0.14 | semi annually | 2022-05-23 |
2021-10-22 | ¥0.16 | semi annually | 2021-10-22 |
2021-06-09 | ¥0.03 | semi annually | 2021-06-09 |
2020-09-16 | ¥0.05 | semi annually | 2020-09-16 |
2020-06-10 | ¥0.04 | semi annually | 2020-06-10 |
2019-07-10 | ¥0.04 | semi annually | 2019-07-10 |
2018-06-29 | ¥0.12 | semi annually | 2018-06-29 |
2016-06-24 | ¥0.08 | semi annually | |
2015-03-20 | ¥0.05 | semi annually | |
2014-05-05 | ¥0.05 | semi annually | |
2013-06-20 | ¥0.05 | semi annually | |
2012-03-13 | ¥0.07 | semi annually |
Huaming Power Equipment Dividend per year
Huaming Power Equipment Dividend growth
Huaming Power Equipment Dividend Yield
Huaming Power Equipment current trailing twelve-month (TTM) dividend yield is 4.73%. Interested in purchasing Huaming Power Equipment stock? Use our calculator to estimate your expected dividend yield:
Huaming Power Equipment Financial Ratios
Huaming Power Equipment Dividend FAQ
Other factors to consider when evaluating Huaming Power Equipment 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: Huaming Power Equipment'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, Huaming Power Equipment 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, Huaming Power Equipment 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 Huaming Power Equipment 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: Huaming Power Equipment 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, Huaming Power Equipment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Huaming Power Equipment 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 Huaming Power Equipment'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 Huaming Power Equipment'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.