Jiangsu Nanfang Bearing Co.,Ltd. designs, develops, and sells needle roller bearings, clutches, and auto parts in China and internationally. It offers needle bearings, such as drawn cup needle bearings, thrust needle bearings, and one-way clutch needle bearings, as well as cages and needle assemblies. The company also develops and produces one-way clutch for engines of motorcycles; and sleeve and inner race for auto parts and overrunning alternator pulleys. In addition, the company's needle bearings are used in ABS, gearbox, throttle valve, and starter motor; and provides thrust bearings in automatic transmission and compressor. Further, the company provides needle bearings for connecting rods, cleaning machines, door closers, garden machines, power tools, robot reducers, valve reactors, and high voltage switches; roller and sprag type of clutches; one-way clutch for electric bikes; and cam follower for conveyor equipment. Jiangsu Nanfang Bearing Co.,Ltd. was founded in 1988 and is headquartered in Changzhou, China.
Jiangsu NanFang Precision Dividend Announcement
• Jiangsu NanFang Precision announced a semi annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-10-24
• Jiangsu NanFang Precision annual dividend for 2024 was ¥0.20
• Jiangsu NanFang Precision annual dividend for 2023 was ¥0.10
• Jiangsu NanFang Precision's trailing twelve-month (TTM) dividend yield is 1.57%
• Jiangsu NanFang Precision's payout ratio for the trailing twelve months (TTM) is 52.12%
• Jiangsu NanFang Precision's dividend growth over the last five years (2018-2023) was -12.94% year
Jiangsu NanFang Precision Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-24 | ¥0.10 | semi annually | 2024-10-24 |
2024-05-24 | ¥0.10 | semi annually | 2024-05-24 |
2023-05-16 | ¥0.10 | semi annually | 2023-05-16 |
2022-06-23 | ¥0.20 | semi annually | 2022-06-23 |
2021-04-30 | ¥0.10 | semi annually | 2021-04-30 |
2020-04-28 | ¥0.10 | semi annually | 2020-04-28 |
2019-05-27 | ¥0.20 | semi annually | 2019-05-27 |
2018-05-28 | ¥0.20 | semi annually | 2018-05-28 |
2017-05-24 | ¥0.20 | semi annually | 2017-05-24 |
2016-06-07 | ¥0.10 | semi annually | |
2015-05-12 | ¥0.40 | semi annually | |
2014-03-19 | ¥0.45 | semi annually | |
2013-05-21 | ¥0.10 | semi annually |
Jiangsu NanFang Precision Dividend per year
Jiangsu NanFang Precision Dividend growth
Jiangsu NanFang Precision Dividend Yield
Jiangsu NanFang Precision current trailing twelve-month (TTM) dividend yield is 1.57%. Interested in purchasing Jiangsu NanFang Precision stock? Use our calculator to estimate your expected dividend yield:
Jiangsu NanFang Precision Financial Ratios
Jiangsu NanFang Precision Dividend FAQ
Other factors to consider when evaluating Jiangsu NanFang Precision 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 NanFang Precision'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 NanFang Precision 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 NanFang Precision 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 NanFang Precision 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 NanFang Precision 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 NanFang Precision 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 NanFang Precision 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 NanFang Precision'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 NanFang Precision'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.