Jiangsu Rutong Petro-Machinery Co., Ltd researches, develops, manufactures, and sells oil and gas drilling and production equipment. It offers wellhead automation equipment, suspension tools, holding tools, spinner tools, and other tools. The company serves in China, North America, Southeast Asia, the Middle East, Central Asia, North Africa, and other regions. Jiangsu Rutong Petro-Machinery Co., Ltd was founded in 1958 and is based in Nantong, China.
• Jiangsu Rutong Petro-Machinery announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-07 • Jiangsu Rutong Petro-Machinery annual dividend for 2024 was ¥0.20 • Jiangsu Rutong Petro-Machinery annual dividend for 2023 was ¥0.19 • Jiangsu Rutong Petro-Machinery 's trailing twelve-month (TTM) dividend yield is 1.32% • Jiangsu Rutong Petro-Machinery 's payout ratio for the trailing twelve months (TTM) is 38.85% • Jiangsu Rutong Petro-Machinery 's dividend growth over the last five years (2018-2023) was 28.61% year
Jiangsu Rutong Petro-Machinery current trailing twelve-month (TTM) dividend yield is 1.32%. Interested in purchasing Jiangsu Rutong Petro-Machinery stock? Use our calculator to estimate your expected dividend yield:
Jiangsu Rutong Petro-Machinery Financial Ratios
P/E ratio29.53
PEG ratio5.00
P/B ratio2.41
ROE8.27%
Payout ratio38.85%
Current ratio8.22
Quick ratio6.59
Cash Ratio1.57
Jiangsu Rutong Petro-Machinery Dividend FAQ
How much is the next Jiangsu Rutong Petro-Machinery dividend?
Jiangsu Rutong Petro-Machinery 's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Jiangsu Rutong Petro-Machinery dividend. The next Jiangsu Rutong Petro-Machinery dividend will be released in May.
When is Jiangsu Rutong Petro-Machinery dividend paid?
Jiangsu Rutong Petro-Machinery pays dividends on a annually basis. The specific dates may vary each year but are generally around May. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Jiangsu Rutong Petro-Machinery pay?
The specific amount of Jiangsu Rutong Petro-Machinery dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Jiangsu Rutong Petro-Machinery 's dividend history.
Does Jiangsu Rutong Petro-Machinery stock pay dividends?
Yes, Jiangsu Rutong Petro-Machinery does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Jiangsu Rutong Petro-Machinery 's dividend history.
How much dividend does Jiangsu Rutong Petro-Machinery pay?
Jiangsu Rutong Petro-Machinery paid ¥0.2 in 2024, ¥0.19 in 2023, ¥0.12 in 2022, ¥0.15 in 2021, and ¥0.12 in 2020.
How often does Jiangsu Rutong Petro-Machinery pay dividends?
Jiangsu Rutong Petro-Machinery typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is Jiangsu Rutong Petro-Machinery 's dividend yield?
The current dividend yield for Jiangsu Rutong Petro-Machinery is 1.32%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Jiangsu Rutong Petro-Machinery 's exact dividend yield.
When does Jiangsu Rutong Petro-Machinery go ex dividend?
Jiangsu Rutong Petro-Machinery 's ex-dividend date for the latest dividend was on 2024-06-07. Jiangsu Rutong Petro-Machinery typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Jiangsu Rutong Petro-Machinery dividend paid?
Jiangsu Rutong Petro-Machinery pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Jiangsu Rutong Petro-Machinery increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Jiangsu Rutong Petro-Machinery will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Jiangsu Rutong Petro-Machinery dividend per share?
Jiangsu Rutong Petro-Machinery paid ¥0.2 per share in 2024 and ¥0.19 per share in 2023. The amount of dividend per share that Jiangsu Rutong Petro-Machinery pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Jiangsu Rutong Petro-Machinery a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Jiangsu Rutong Petro-Machinery a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Jiangsu Rutong Petro-Machinery a dividend stock?
Yes, Jiangsu Rutong Petro-Machinery is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Jiangsu Rutong Petro-Machinery a good dividend stock?
Whether Jiangsu Rutong Petro-Machinery is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Jiangsu Rutong Petro-Machinery has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Jiangsu Rutong Petro-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.
Does Jiangsu Rutong Petro-Machinery pay dividends monthly?
Jiangsu Rutong Petro-Machinery typically pays dividends on a annually basis.
Does Jiangsu Rutong Petro-Machinery pay dividends quarterly?
Jiangsu Rutong Petro-Machinery currently pays dividends on a annually basis.
Has Jiangsu Rutong Petro-Machinery ever paid a dividend?
Yes, Jiangsu Rutong Petro-Machinery has a history of paying dividends to its shareholders. Jiangsu Rutong Petro-Machinery is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Jiangsu Rutong Petro-Machinery dividend stocks?
To buy Jiangsu Rutong Petro-Machinery you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Jiangsu Rutong Petro-Machinery stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Jiangsu Rutong Petro-Machinery pay dividends 2024?
Jiangsu Rutong Petro-Machinery pays dividends on a annually basis. 2024 dividend payments are in 2024-06-07. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Jiangsu Rutong Petro-Machinery increase its dividend in 2024?
Decisions regarding Jiangsu Rutong Petro-Machinery dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Jiangsu Rutong Petro-Machinery dividend overview you can look into the above table of dividend history.
How Jiangsu Rutong Petro-Machinery dividend works?
The Jiangsu Rutong Petro-Machinery dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Jiangsu Rutong Petro-Machinery 's dividend process works:
1. Determination of Dividend: Jiangsu Rutong Petro-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, Jiangsu Rutong Petro-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, Jiangsu Rutong Petro-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 Jiangsu Rutong Petro-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.
How are Jiangsu Rutong Petro-Machinery dividends paid?
Jiangsu Rutong Petro-Machinery dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Jiangsu Rutong Petro-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, Jiangsu Rutong Petro-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: Jiangsu Rutong Petro-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.
How many times does Jiangsu Rutong Petro-Machinery pay dividends?
Jiangsu Rutong Petro-Machinery typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Jiangsu Rutong Petro-Machinery pay dividends?
The general pattern is that Jiangsu Rutong Petro-Machinery pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Jiangsu Rutong Petro-Machinery dividend safe?
The safety of Jiangsu Rutong Petro-Machinery 's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Jiangsu Rutong Petro-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 Jiangsu Rutong Petro-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.