MH Robot & Automation Co., Ltd. provides intelligent equipment systems, internet on things system, planning and design, and EPC services. The company offers intelligent welding equipment system composed of robot system, positioning fixture, welding device, water and electricity supply device, control system, and other equipment; intelligent coating equipment system primarily based on automobile intelligent equipment system including pretreatment, electrophoresis, spraying, and drying system, etc. In addition, it provides intelligent conveying system, such as skid, plate chain, ground drag, friction, roller, single-track bicycle trolley, double-track bicycle trolley, skateboard, reverse monorail, and painting double chain conveying systems, etc.; intelligent environmental protection system including intelligent VOCs waste gas treatment and sewage treatment equipment system; and utility power and equipment energy supply system comprising utility power and equipment energy supply system. The company was founded in 2010 and is based in Weifang, China.
MH Robot & Automation Dividend Announcement
• MH Robot & Automation announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-06-05. Ex dividend date: 2024-06-05
• MH Robot & Automation annual dividend for 2024 was ¥0.07
• MH Robot & Automation annual dividend for 2023 was ¥0.07
• MH Robot & Automation's trailing twelve-month (TTM) dividend yield is 0.24%
• MH Robot & Automation's payout ratio for the trailing twelve months (TTM) is 27.23%
MH Robot & Automation Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-05 | ¥0.07 | annually | 2024-06-05 |
2023-06-19 | ¥0.07 | annually | 2023-06-19 |
2022-06-17 | ¥0.08 | annually | 2022-06-17 |
MH Robot & Automation Dividend per year
MH Robot & Automation Dividend growth
MH Robot & Automation Dividend Yield
MH Robot & Automation current trailing twelve-month (TTM) dividend yield is 0.24%. Interested in purchasing MH Robot & Automation stock? Use our calculator to estimate your expected dividend yield:
MH Robot & Automation Financial Ratios
MH Robot & Automation Dividend FAQ
Other factors to consider when evaluating MH Robot & Automation 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: MH Robot & Automation'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, MH Robot & Automation 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, MH Robot & Automation 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 MH Robot & Automation 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: MH Robot & Automation 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, MH Robot & Automation distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: MH Robot & Automation 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 MH Robot & Automation'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 MH Robot & Automation'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.