Jiangsu Hengli Hydraulic Co.,Ltd manufactures and sells hydraulic components and systems worldwide. The company offers hydraulic cylinders, motors, systems, and pumps; mobile control valves; electronic controls; industrial hydraulic valves; high precision castings and seamless cold drawing tubings; and thermal spray products. Its products are used in various applications, such as mobile machinery, industrial engineering, offshore, energy technology, and tunnel boring machine. The company was formerly known as Jiangsu Hengli Highpressure Oil Cylinder Co., Ltd. Jiangsu Hengli Hydraulic Co., Ltd. was founded in 1990 and is headquartered in Changzhou, China.
Jiangsu Hengli Hydraulic Dividend Announcement
• Jiangsu Hengli Hydraulic announced a annually dividend of ¥0.70 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-28
• Jiangsu Hengli Hydraulic annual dividend for 2024 was ¥0.70
• Jiangsu Hengli Hydraulic annual dividend for 2023 was ¥0.62
• Jiangsu Hengli Hydraulic's trailing twelve-month (TTM) dividend yield is 1.28%
• Jiangsu Hengli Hydraulic's payout ratio for the trailing twelve months (TTM) is 53.37%
• Jiangsu Hengli Hydraulic's dividend growth over the last five years (2018-2023) was 23.03% year
• Jiangsu Hengli Hydraulic's dividend growth over the last ten years (2013-2023) was 15.02% year
Jiangsu Hengli Hydraulic Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | ¥0.70 | annually | 2024-06-28 |
2023-06-20 | ¥0.62 | annually | 2023-06-20 |
2022-06-09 | ¥0.73 | annually | 2022-06-09 |
2021-06-15 | ¥0.60 | annually | 2021-06-15 |
2020-07-01 | ¥0.89 | annually | 2020-07-01 |
2019-07-03 | ¥0.30 | annually | 2019-07-03 |
2018-06-22 | ¥0.22 | annually | 2018-06-22 |
2017-06-07 | ¥0.07 | annually | 2017-06-07 |
2016-05-30 | ¥0.06 | annually | |
2015-06-12 | ¥0.06 | annually | |
2014-05-22 | ¥0.13 | annually | |
2013-04-25 | ¥0.15 | annually |
Jiangsu Hengli Hydraulic Dividend per year
Jiangsu Hengli Hydraulic Dividend growth
Jiangsu Hengli Hydraulic Dividend Yield
Jiangsu Hengli Hydraulic current trailing twelve-month (TTM) dividend yield is 1.28%. Interested in purchasing Jiangsu Hengli Hydraulic stock? Use our calculator to estimate your expected dividend yield:
Jiangsu Hengli Hydraulic Financial Ratios
Jiangsu Hengli Hydraulic Dividend FAQ
Other factors to consider when evaluating Jiangsu Hengli Hydraulic 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: Jiangsu Hengli Hydraulic'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, Jiangsu Hengli Hydraulic 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, Jiangsu Hengli Hydraulic 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 Jiangsu Hengli Hydraulic 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: Jiangsu Hengli Hydraulic 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, Jiangsu Hengli Hydraulic distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jiangsu Hengli Hydraulic 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 Jiangsu Hengli Hydraulic'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 Jiangsu Hengli Hydraulic'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.