JDM JingDaMachine(Ningbo)Co.Ltd manufactures and sells precision stamping press, HVAC equipment, and automation equipment in China and internationally. It offers heat exchanger equipment, such as fin press lines; vertical, horizontal, portable, and expander machines; automatic hairpin and return benders; return bend washing machines; and return bend ring loader, end sealing machine, CNC tube performing machine, and CNC chipless cutting machine, as well as tube mills, form mills, fin core line, core builder, form blades, stamping press, folded tube mill, heavy duty fin mill, and track and mini fin mills. The company also provides tube bender, tube lacing machine, horizontal portable coil expander, tube cutting bending end forming machine, tube sealing and end forming machines, CNC hole punching machines, spinning sheet flanger, and hole drilling machine. In addition, it offers servo presses, double point multilink presses, two-point press, single point precision press, motor core press, double crank precision press machine, powder metallurgy forming machine, high speed presses, and mechanical presses. The company was formerly known as Ningdo JingDa Electromechanical Technology Co,Ltd. and changed its name to JDM JingDaMachine(Ningbo)Co.Ltd in 2011. JDM JingDaMachine(Ningbo)Co.Ltd was founded in 1990 and is based in Ningbo, China.
JDM JingDaMachine Dividend Announcement
• JDM JingDaMachine announced a annually dividend of ¥0.29 per ordinary share which will be made payable on 2024-05-31. Ex dividend date: 2024-05-31
• JDM JingDaMachine annual dividend for 2024 was ¥0.29
• JDM JingDaMachine annual dividend for 2023 was ¥0.22
• JDM JingDaMachine's trailing twelve-month (TTM) dividend yield is 3.69%
• JDM JingDaMachine's payout ratio for the trailing twelve months (TTM) is 138.59%
• JDM JingDaMachine's dividend growth over the last five years (2018-2023) was 7.96% year
JDM JingDaMachine Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-31 | ¥0.29 | annually | 2024-05-31 |
2023-05-31 | ¥0.22 | annually | 2023-05-31 |
2022-05-31 | ¥0.26 | annually | 2022-05-31 |
2021-06-02 | ¥0.56 | annually | 2021-06-02 |
2020-06-22 | ¥0.38 | annually | 2020-06-22 |
2019-06-13 | ¥0.32 | annually | 2019-06-13 |
2018-06-22 | ¥0.15 | annually | 2018-06-22 |
2017-06-08 | ¥0.11 | annually | 2017-06-08 |
2016-06-07 | ¥0.11 | annually | |
2015-05-25 | ¥0.20 | annually |
JDM JingDaMachine Dividend per year
JDM JingDaMachine Dividend growth
JDM JingDaMachine Dividend Yield
JDM JingDaMachine current trailing twelve-month (TTM) dividend yield is 3.69%. Interested in purchasing JDM JingDaMachine stock? Use our calculator to estimate your expected dividend yield:
JDM JingDaMachine Financial Ratios
JDM JingDaMachine Dividend FAQ
Other factors to consider when evaluating JDM JingDaMachine 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: JDM JingDaMachine'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, JDM JingDaMachine 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, JDM JingDaMachine 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 JDM JingDaMachine 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: JDM JingDaMachine 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, JDM JingDaMachine distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: JDM JingDaMachine 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 JDM JingDaMachine'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 JDM JingDaMachine'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.