Jiangsu Yawei Machine Tool Co., Ltd. manufactures and sells metal forming machine tools in China and internationally. Its products include smart and automatic products, such as CNC turret punching machines, CNC press brakes, CNC laser cutting machines, flexible cells and systems, automatic coil lines, and linear and horizontal multi-joint robots. The company also offers sheet metal processing machine-tools; laser processing equipment; and coil line equipment. It serves sheet metal, electric, elevator and escalator, and curtain wall industries. Jiangsu Yawei Machine Tool Co., Ltd. was founded in 1956 and is based in Yangzhou, China.
Jiangsu Yawei Machine Tool Dividend Announcement
• Jiangsu Yawei Machine Tool announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-05-21. Ex dividend date: 2024-05-21
• Jiangsu Yawei Machine Tool annual dividend for 2024 was ¥0.10
• Jiangsu Yawei Machine Tool annual dividend for 2023 was ¥0.15
• Jiangsu Yawei Machine Tool's trailing twelve-month (TTM) dividend yield is 1.05%
• Jiangsu Yawei Machine Tool's payout ratio for the trailing twelve months (TTM) is 146.03%
• Jiangsu Yawei Machine Tool's dividend growth over the last five years (2018-2023) was -3.04% year
• Jiangsu Yawei Machine Tool's dividend growth over the last ten years (2013-2023) was -2.84% year
Jiangsu Yawei Machine Tool Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-21 | ¥0.10 | annually | 2024-05-21 |
2023-06-06 | ¥0.15 | annually | 2023-06-06 |
2022-05-11 | ¥0.15 | annually | 2022-05-11 |
2021-06-03 | ¥0.15 | annually | 2021-06-03 |
2020-05-21 | ¥0.05 | annually | 2020-05-21 |
2019-05-29 | ¥0.30 | annually | 2019-05-29 |
2018-06-04 | ¥0.17 | annually | 2018-06-04 |
2017-05-15 | ¥0.17 | annually | 2017-05-15 |
2016-05-04 | ¥0.15 | annually | |
2015-04-21 | ¥0.25 | annually | |
2014-05-09 | ¥0.25 | annually | |
2013-05-21 | ¥0.20 | annually |
Jiangsu Yawei Machine Tool Dividend per year
Jiangsu Yawei Machine Tool Dividend growth
Jiangsu Yawei Machine Tool Dividend Yield
Jiangsu Yawei Machine Tool current trailing twelve-month (TTM) dividend yield is 1.05%. Interested in purchasing Jiangsu Yawei Machine Tool stock? Use our calculator to estimate your expected dividend yield:
Jiangsu Yawei Machine Tool Financial Ratios
Jiangsu Yawei Machine Tool Dividend FAQ
Other factors to consider when evaluating Jiangsu Yawei Machine Tool 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 Yawei Machine Tool'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 Yawei Machine Tool 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 Yawei Machine Tool 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 Yawei Machine Tool 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 Yawei Machine Tool 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 Yawei Machine Tool 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 Yawei Machine Tool 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 Yawei Machine Tool'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 Yawei Machine Tool'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.