Midea Group Co., Ltd., together with its subsidiaries, manufactures and sells home appliances, and robotic and automation systems in China and internationally. It operates through five segments: Smart Home Business Group, Industrial Technology Business Group, Building Technologies Division, Robotics & Automation Division, and Digital Innovation Business. The company offers household and commercial air conditioning appliances; refrigeration, laundry, and large cooking appliances; kitchen, water, vacuum, and small domestic appliances; and lighting products. It also provides core components, such as compressors, motors, chips, variable frequency drives, servo systems, and cooling modules under the GMCC, Welling, MR, TOSHIBA, HICONICS, SUNYE, SERVOTRONIX, DORNA, etc. for household appliances, automobile industrial control, and 3C industries. In addition, the company provides building solutions; industrial robotics, automatic logistics systems, and transmission systems for future factory-related fields, as well as solutions for health care, entertainment, new consumption, etc.; software services, unmanned retail solutions, and production services; and medical imaging devices and related services, as well as smart supply chain solutions. Further, it engages in sale, wholesale, and processing of raw materials of household electrical appliances; and the provision of financial services, such as customer deposit, interbank lending and borrowing, consumption credit, buyer's credit, petty loan, factoring, and finance leasing services. Additionally, the company provides Internet of Things solutions for intelligent appliances. Midea Group Co., Ltd. was founded in 1968 and is headquartered in Foshan, China. Midea Group Co., Ltd. is a subsidiary of Midea Holding Co., Ltd.
Midea Dividend Announcement
• Midea announced a annually dividend of ¥3.00 per ordinary share which will be made payable on 2024-05-15. Ex dividend date: 2024-05-15
• Midea annual dividend for 2024 was ¥3.00
• Midea annual dividend for 2023 was ¥2.50
• Midea's trailing twelve-month (TTM) dividend yield is 4.06%
• Midea's payout ratio for the trailing twelve months (TTM) is 103.85%
• Midea's dividend growth over the last five years (2018-2023) was 15.81% year
Midea Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-05-15 | ¥3.00 | annually | 2024-05-15 |
| 2023-06-01 | ¥2.50 | annually | 2023-06-01 |
| 2022-06-02 | ¥1.70 | annually | 2022-06-02 |
| 2021-06-02 | ¥1.60 | annually | 2021-06-02 |
| 2020-06-02 | ¥1.60 | annually | 2020-06-02 |
| 2019-05-30 | ¥1.30 | annually | 2019-05-30 |
| 2018-05-04 | ¥1.20 | annually | 2018-05-04 |
| 2017-05-10 | ¥1.00 | annually | 2017-05-10 |
| 2016-05-06 | ¥1.20 | annually | |
| 2015-04-30 | ¥1.00 | annually | |
| 2014-04-30 | ¥2.00 | annually |
Midea Dividend per year
Midea Dividend growth
Midea Dividend Yield
Midea current trailing twelve-month (TTM) dividend yield is 4.06%. Interested in purchasing Midea stock? Use our calculator to estimate your expected dividend yield:
Midea Financial Ratios
P/E ratio15.11
PEG ratio16.18
P/B ratio2.73
ROE21.27%
Payout ratio103.85%
Current ratio1.12
Quick ratio0.99
Cash Ratio0.50
Midea Dividend FAQ
How much is the next Midea dividend?
Midea's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Midea dividend. The next Midea dividend will be released in June.
When is Midea dividend paid?
Midea pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Midea pay?
The specific amount of Midea 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 Midea's dividend history.
Does Midea stock pay dividends?
Yes, Midea 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 Midea's dividend history.
How much dividend does Midea pay?
Midea paid ¥3.0 in 2024, ¥2.5 in 2023, ¥1.701 in 2022, ¥1.601 in 2021, and ¥1.6 in 2020.
How often does Midea pay dividends?
Midea 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 June.
What is Midea's dividend yield?
The current dividend yield for Midea is 4.06%. 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 Midea's exact dividend yield.
When does Midea go ex dividend?
Midea's ex-dividend date for the latest dividend was on 2024-05-15. Midea 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 Midea dividend paid?
Midea pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Midea 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 Midea 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 Midea dividend per share?
Midea paid ¥3.0 per share in 2024 and ¥2.5 per share in 2023. The amount of dividend per share that Midea 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 Midea 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 Midea 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 Midea a dividend stock?
Yes, Midea is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Midea a good dividend stock?
Whether Midea is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Midea has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Midea 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.
Other factors to consider when evaluating Midea 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 Midea pay dividends monthly?
Midea typically pays dividends on a annually basis.
Does Midea pay dividends quarterly?
Midea currently pays dividends on a annually basis.
Has Midea ever paid a dividend?
Yes, Midea has a history of paying dividends to its shareholders. Midea is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Midea dividend stocks?
To buy Midea 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 Midea 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.
Place an order: Use the brokerage's trading platform to place an order to buy Midea 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 Midea pay dividends 2024?
Midea pays dividends on a annually basis. 2024 dividend payments are in 2024-05-15. 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 Midea increase its dividend in 2024?
Decisions regarding Midea 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 Midea dividend overview you can look into the above table of dividend history.
How Midea dividend works?
The Midea 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 Midea's dividend process works:
1. Determination of Dividend: Midea'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, Midea 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, Midea 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 Midea 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. Determination of Dividend: Midea'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, Midea 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, Midea 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 Midea 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 Midea dividends paid?
Midea dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Midea 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, Midea distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Midea 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.
1. Record Date: Midea 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, Midea distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Midea 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 Midea pay dividends?
Midea 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 Midea pay dividends?
The general pattern is that Midea pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Midea dividend safe?
The safety of Midea'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 Midea'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 Midea'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.
To assess the safety of Midea'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 Midea'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.