Mesnac Co., Ltd. researches, develops, and innovates information equipment and software application for rubber industry in China and internationally. The company offers mixing solutions and systems; mixer feeding systems; chemical weighing systems; rubber grinding and blending systems; volumetric metering systems; open mill automatic mixing systems; open mill products; batch-off line equipment; integrated exhaust gas control solutions; inner-liner production lines; pin type cold feed extruders; small angles, textile cord ply, and ply cutting lines; application production lines; smart roller head calenders, and tire profile extrusion lines. It also provides tire building machine; drums; hydraulic cutting presses for TBR, OTR, and PCR; and PCR, TBR, and OTR molds, as well as produces tire recycling products. In addition, the company offers tire X-ray inspection machines; tire uniformity and dynamic balance testing lines; tire uniformity testing machines; tire plant automated logistics system solutions; X-ray automated assistant inspection software; RFID tire whole solutions; RFID based process management and control system of tire production; JIT production MES systems; warehouse management systems; energy management systems; industrial equipment configuration software platform; and industry big data service mobile applications. The company was founded in 2000 and is based in Qingdao, China.
Mesnac Dividend Announcement
• Mesnac announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-07
• Mesnac annual dividend for 2024 was ¥0.10
• Mesnac annual dividend for 2023 was ¥0.05
• Mesnac's trailing twelve-month (TTM) dividend yield is 1.29%
• Mesnac's payout ratio for the trailing twelve months (TTM) is 34.23%
Mesnac Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-07 | ¥0.10 | annually | 2024-06-07 |
2023-06-08 | ¥0.05 | annually | 2023-06-08 |
2016-07-11 | ¥0.03 | annually | |
2015-05-15 | ¥0.03 | annually | |
2014-05-29 | ¥0.01 | annually | |
2013-05-15 | ¥0.03 | annually | |
2012-05-15 | ¥0.02 | annually | |
2011-09-23 | ¥0.08 | annually | |
2010-05-13 | ¥0.10 | annually | |
2008-04-14 | ¥0.07 | annually | |
2007-05-31 | ¥0.27 | annually |
Mesnac Dividend per year
Mesnac Dividend growth
Mesnac Dividend Yield
Mesnac current trailing twelve-month (TTM) dividend yield is 1.29%. Interested in purchasing Mesnac stock? Use our calculator to estimate your expected dividend yield:
Mesnac Financial Ratios
Mesnac Dividend FAQ
Other factors to consider when evaluating Mesnac 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: Mesnac'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, Mesnac 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, Mesnac 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 Mesnac 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: Mesnac 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, Mesnac distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mesnac 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 Mesnac'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 Mesnac'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.