Inner Mongolia First Machinery Group Co.,Ltd. provides military and civilian products in China. The company offers tanks, wheeled chariots, gondola, tankers, hopper cars, boxcars, flat cars, energy-saving motors, vehicle parts, railway vehicle parts, and heavy truck parts, as well as construction and petroleum machineries, and other products. It also provides bulldozers, snow clearing vehicles, self-propelled lifting and defensive compartments, road rushing, forestry cars and vehicles, firefighting equipment, fire trucks and rescue tanks, and antenna back fames. The company also exports its products. Inner Mongolia First Machinery Group Co.,Ltd. was founded in 1984 and is based in Baotou, China.
Inner Mongolia First Machinery Dividend Announcement
• Inner Mongolia First Machinery announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-07-11. Ex dividend date: 2024-07-11
• Inner Mongolia First Machinery annual dividend for 2024 was ¥0.25
• Inner Mongolia First Machinery annual dividend for 2023 was ¥0.24
• Inner Mongolia First Machinery's trailing twelve-month (TTM) dividend yield is 3.11%
• Inner Mongolia First Machinery's payout ratio for the trailing twelve months (TTM) is 67.94%
• Inner Mongolia First Machinery's dividend growth over the last five years (2018-2023) was 49.88% year
Inner Mongolia First Machinery Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-11 | ¥0.25 | annually | 2024-07-11 |
2023-07-04 | ¥0.24 | annually | 2023-07-04 |
2022-07-04 | ¥0.17 | annually | 2022-07-04 |
2021-07-27 | ¥0.08 | annually | 2021-07-27 |
2020-09-25 | ¥0.03 | annually | 2020-09-25 |
2020-07-20 | ¥0.03 | annually | 2020-07-20 |
2019-07-17 | ¥0.03 | annually | 2019-07-17 |
2018-07-11 | ¥0.03 | annually | 2018-07-11 |
2017-06-21 | ¥0.03 | annually | 2017-06-21 |
2015-06-26 | ¥0.03 | annually | |
2014-05-20 | ¥0.10 | annually | |
2013-06-27 | ¥0.20 | annually | |
2012-08-15 | ¥0.20 | annually |
Inner Mongolia First Machinery Dividend per year
Inner Mongolia First Machinery Dividend growth
Inner Mongolia First Machinery Dividend Yield
Inner Mongolia First Machinery current trailing twelve-month (TTM) dividend yield is 3.11%. Interested in purchasing Inner Mongolia First Machinery stock? Use our calculator to estimate your expected dividend yield:
Inner Mongolia First Machinery Financial Ratios
Inner Mongolia First Machinery Dividend FAQ
Other factors to consider when evaluating Inner Mongolia First Machinery 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: Inner Mongolia First Machinery'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, Inner Mongolia First Machinery 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, Inner Mongolia First Machinery 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 Inner Mongolia First Machinery 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: Inner Mongolia First Machinery 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, Inner Mongolia First Machinery distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Inner Mongolia First Machinery 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 Inner Mongolia First Machinery'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 Inner Mongolia First Machinery'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.