Jinlei Technology Co., Ltd. develops, produces, and sells wind turbine main shafts, and various castings and forgings in China and internationally. Its activities include ingot preparation, heat treatment, machining, and other processes, as well as provides purification technology. The company was formerly known as Shandong Laiwu Jinlei Wind Power Technology Co., Ltd. Jinlei Technology Co., Ltd. was founded in 2006 and is based in Jinan, China.
Jinlei Technology Dividend Announcement
• Jinlei Technology announced a annually dividend of ¥0.26 per ordinary share which will be made payable on 2024-06-04. Ex dividend date: 2024-06-04 • Jinlei Technology annual dividend for 2024 was ¥0.26 • Jinlei Technology annual dividend for 2023 was ¥0.15 • Jinlei Technology's trailing twelve-month (TTM) dividend yield is 1.14% • Jinlei Technology's payout ratio for the trailing twelve months (TTM) is 58.06%
Jinlei Technology current trailing twelve-month (TTM) dividend yield is 1.14%. Interested in purchasing Jinlei Technology stock? Use our calculator to estimate your expected dividend yield:
Jinlei Technology Financial Ratios
P/E ratio31.46
PEG ratio1.29
P/B ratio1.21
ROE3.84%
Payout ratio58.06%
Current ratio9.81
Quick ratio7.57
Cash Ratio3.54
Jinlei Technology Dividend FAQ
How much is the next Jinlei Technology dividend?
Jinlei Technology's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Jinlei Technology dividend. The next Jinlei Technology dividend will be released in October.
When is Jinlei Technology dividend paid?
Jinlei Technology pays dividends on a annually basis. The specific dates may vary each year but are generally around October. 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 Jinlei Technology pay?
The specific amount of Jinlei Technology 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 Jinlei Technology's dividend history.
Does Jinlei Technology stock pay dividends?
Yes, Jinlei Technology 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 Jinlei Technology's dividend history.
How much dividend does Jinlei Technology pay?
Jinlei Technology paid ¥0.263 in 2024, ¥0.15 in 2023, ¥0.0 in 2022, ¥0.6 in 2021, and ¥0.18 in 2020.
How often does Jinlei Technology pay dividends?
Jinlei Technology 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 October.
What is Jinlei Technology's dividend yield?
The current dividend yield for Jinlei Technology is 1.14%. 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 Jinlei Technology's exact dividend yield.
When does Jinlei Technology go ex dividend?
Jinlei Technology's ex-dividend date for the latest dividend was on 2024-06-04. Jinlei Technology 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 Jinlei Technology dividend paid?
Jinlei Technology pays dividends on a annually basis, typically around October, but the exact dates can vary each year.
Will Jinlei Technology 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 Jinlei Technology 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 Jinlei Technology dividend per share?
Jinlei Technology paid ¥0.263 per share in 2024 and ¥0.15 per share in 2023. The amount of dividend per share that Jinlei Technology 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 Jinlei Technology 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 Jinlei Technology 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 Jinlei Technology a dividend stock?
Yes, Jinlei Technology is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Jinlei Technology a good dividend stock?
Whether Jinlei Technology is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Jinlei Technology has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Jinlei Technology 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 Jinlei Technology pay dividends monthly?
Jinlei Technology typically pays dividends on a annually basis.
Does Jinlei Technology pay dividends quarterly?
Jinlei Technology currently pays dividends on a annually basis.
Has Jinlei Technology ever paid a dividend?
Yes, Jinlei Technology has a history of paying dividends to its shareholders. Jinlei Technology is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Jinlei Technology dividend stocks?
To buy Jinlei Technology 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 Jinlei Technology 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 Jinlei Technology pay dividends 2024?
Jinlei Technology pays dividends on a annually basis. 2024 dividend payments are in 2024-06-04. 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 Jinlei Technology increase its dividend in 2024?
Decisions regarding Jinlei Technology 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 Jinlei Technology dividend overview you can look into the above table of dividend history.
How Jinlei Technology dividend works?
The Jinlei Technology 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 Jinlei Technology's dividend process works:
1. Determination of Dividend: Jinlei Technology'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, Jinlei Technology 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, Jinlei Technology 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 Jinlei Technology 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 Jinlei Technology dividends paid?
Jinlei Technology dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Jinlei Technology 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, Jinlei Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jinlei Technology 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 Jinlei Technology pay dividends?
Jinlei Technology 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 Jinlei Technology pay dividends?
The general pattern is that Jinlei Technology pays dividends around October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Jinlei Technology dividend safe?
The safety of Jinlei Technology'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 Jinlei Technology'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 Jinlei Technology'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.