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Jinxi Axle Company Limited engages in the production and sale of axles, railway vehicles, wheel sets, bolster side frames, bogies, and other products primarily in China. The company also offers flat cars, tank cars, box cars, and stone ballast hopper cars, light tankers, gondolas, shared cars, and electric flat cars; and other products, such as brake cylinder push rods, middle tie rods, control lever, and front cover and rear stop products, as well as casting products and defense equipment. Its axle products are used in railway freight cars, passenger cars, subways, light rails, locomotives, motor cars, etc. The company also exports its products to approximately 20 countries. Jinxi Axle Company Limited is based in Taiyuan, China.

Jinxi Axle Dividend Announcement

Jinxi Axle announced a annually dividend of ¥0.01 per ordinary share which will be made payable on 2024-06-12. Ex dividend date: 2024-06-12
Jinxi Axle annual dividend for 2024 was ¥0.01
Jinxi Axle annual dividend for 2023 was ¥0.01
Jinxi Axle's trailing twelve-month (TTM) dividend yield is 0.31%
Jinxi Axle's payout ratio for the trailing twelve months (TTM) is 128.71%
Jinxi Axle's dividend growth over the last five years (2018-2023) was -12.94% year

Jinxi Axle Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-12¥0.01annually2024-06-12
2023-07-28¥0.01annually2023-07-28
2022-07-06¥0.01annually2022-07-06
2021-07-30¥0.01annually2021-07-30
2020-08-07¥0.02annually2020-08-07
2019-06-06¥0.01annually2019-06-06
2018-07-12¥0.01annually2018-07-12
2016-06-17¥0.03annually
2015-07-09¥0.07annually
2014-08-04¥0.10annually
2013-05-31¥0.08annually
2012-07-17¥0.04annually

Jinxi Axle Dividend per year

Jinxi Axle Dividend growth

Jinxi Axle Dividend Yield

Jinxi Axle current trailing twelve-month (TTM) dividend yield is 0.31%. Interested in purchasing Jinxi Axle stock? Use our calculator to estimate your expected dividend yield:

Jinxi Axle Financial Ratios

P/E ratio225.83
PEG ratio-4.80
P/B ratio1.45
ROE0.64%
Payout ratio128.71%
Current ratio5.02
Quick ratio3.84
Cash Ratio1.26

Jinxi Axle Dividend FAQ

How much is the next Jinxi Axle dividend?
Jinxi Axle's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Jinxi Axle dividend. The next Jinxi Axle dividend will be released in July.
When is Jinxi Axle dividend paid?
Jinxi Axle pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Jinxi Axle pay?
The specific amount of Jinxi Axle 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 Jinxi Axle's dividend history.
Does Jinxi Axle stock pay dividends?
Yes, Jinxi Axle 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 Jinxi Axle's dividend history.
How much dividend does Jinxi Axle pay?
Jinxi Axle paid ¥0.012 in 2024, ¥0.005 in 2023, ¥0.01 in 2022, ¥0.007 in 2021, and ¥0.02 in 2020.
How often does Jinxi Axle pay dividends?
Jinxi Axle 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 July.
What is Jinxi Axle's dividend yield?
The current dividend yield for Jinxi Axle is 0.31%. 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 Jinxi Axle's exact dividend yield.
When does Jinxi Axle go ex dividend?
Jinxi Axle's ex-dividend date for the latest dividend was on 2024-06-12. Jinxi Axle 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 Jinxi Axle dividend paid?
Jinxi Axle pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Jinxi Axle 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 Jinxi Axle 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 Jinxi Axle dividend per share?
Jinxi Axle paid ¥0.012 per share in 2024 and ¥0.005 per share in 2023. The amount of dividend per share that Jinxi Axle 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 Jinxi Axle 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 Jinxi Axle 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 Jinxi Axle a dividend stock?
Yes, Jinxi Axle is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Jinxi Axle a good dividend stock?
Whether Jinxi Axle is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Jinxi Axle has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Jinxi Axle 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 Jinxi Axle pay dividends monthly?
Jinxi Axle typically pays dividends on a annually basis.
Does Jinxi Axle pay dividends quarterly?
Jinxi Axle currently pays dividends on a annually basis.
Has Jinxi Axle ever paid a dividend?
Yes, Jinxi Axle has a history of paying dividends to its shareholders. Jinxi Axle is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Jinxi Axle dividend stocks?
To buy Jinxi Axle 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 Jinxi Axle 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 Jinxi Axle pay dividends 2024?
Jinxi Axle pays dividends on a annually basis. 2024 dividend payments are in 2024-06-12. 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 Jinxi Axle increase its dividend in 2024?
Decisions regarding Jinxi Axle 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 Jinxi Axle dividend overview you can look into the above table of dividend history.
How Jinxi Axle dividend works?
The Jinxi Axle 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 Jinxi Axle's dividend process works:

1. Determination of Dividend: Jinxi Axle'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, Jinxi Axle 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, Jinxi Axle 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 Jinxi Axle 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 Jinxi Axle dividends paid?
Jinxi Axle dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Jinxi Axle 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, Jinxi Axle distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Jinxi Axle 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 Jinxi Axle pay dividends?
Jinxi Axle 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 Jinxi Axle pay dividends?
The general pattern is that Jinxi Axle pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Jinxi Axle dividend safe?
The safety of Jinxi Axle'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 Jinxi Axle'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 Jinxi Axle'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.