Mingxin New Material Co., Ltd. engages in the research, development, production, and sale of automotive leather. It offers automotive interior leather used in automotive interior parts such as car seats, armrests, headrests, steering wheels, instrument panels, and door panels. The company was founded on December 7, 2005 and is headquartered in Jiaxing, China.
Mingxin Automotive Leather Dividend Announcement
• Mingxin Automotive Leather announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2023-07-07. Ex dividend date: 2023-07-07 • Mingxin Automotive Leather annual dividend for 2023 was ¥0.10 • Mingxin Automotive Leather's trailing twelve-month (TTM) dividend yield is -% • Mingxin Automotive Leather's payout ratio for the trailing twelve months (TTM) is 72.81%
Mingxin Automotive Leather current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Mingxin Automotive Leather stock? Use our calculator to estimate your expected dividend yield:
Mingxin Automotive Leather Financial Ratios
P/E ratio78.11
PEG ratio-3.85
P/B ratio1.18
ROE1.51%
Payout ratio72.81%
Current ratio2.33
Quick ratio1.41
Cash Ratio0.26
Mingxin Automotive Leather Dividend FAQ
How much is the next Mingxin Automotive Leather dividend?
Mingxin Automotive Leather's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Mingxin Automotive Leather dividend. The next Mingxin Automotive Leather dividend will be released in May.
When is Mingxin Automotive Leather dividend paid?
Mingxin Automotive Leather pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Mingxin Automotive Leather pay?
The specific amount of Mingxin Automotive Leather 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 Mingxin Automotive Leather's dividend history.
Does Mingxin Automotive Leather stock pay dividends?
Yes, Mingxin Automotive Leather 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 Mingxin Automotive Leather's dividend history.
How much dividend does Mingxin Automotive Leather pay?
Mingxin Automotive Leather paid ¥0.0 in 2024, ¥0.1 in 2023, ¥0.3 in 2022, ¥0.75 in 2021, and ¥0.0 in 2020.
How often does Mingxin Automotive Leather pay dividends?
Mingxin Automotive Leather 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 May.
What is Mingxin Automotive Leather's dividend yield?
The current dividend yield for Mingxin Automotive Leather is -%. 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 Mingxin Automotive Leather's exact dividend yield.
When does Mingxin Automotive Leather go ex dividend?
Mingxin Automotive Leather's ex-dividend date for the latest dividend was on 2023-07-07. Mingxin Automotive Leather 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 Mingxin Automotive Leather dividend paid?
Mingxin Automotive Leather pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Mingxin Automotive Leather 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 Mingxin Automotive Leather 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 Mingxin Automotive Leather dividend per share?
Mingxin Automotive Leather paid ¥0.0 per share in 2024 and ¥0.1 per share in 2023. The amount of dividend per share that Mingxin Automotive Leather 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 Mingxin Automotive Leather 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 Mingxin Automotive Leather 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 Mingxin Automotive Leather a dividend stock?
Yes, Mingxin Automotive Leather is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Mingxin Automotive Leather a good dividend stock?
Whether Mingxin Automotive Leather is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Mingxin Automotive Leather has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Mingxin Automotive Leather 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 Mingxin Automotive Leather pay dividends monthly?
Mingxin Automotive Leather typically pays dividends on a annually basis.
Does Mingxin Automotive Leather pay dividends quarterly?
Mingxin Automotive Leather currently pays dividends on a annually basis.
Has Mingxin Automotive Leather ever paid a dividend?
Yes, Mingxin Automotive Leather has a history of paying dividends to its shareholders. Mingxin Automotive Leather is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Mingxin Automotive Leather dividend stocks?
To buy Mingxin Automotive Leather 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 Mingxin Automotive Leather 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 Mingxin Automotive Leather pay dividends 2024?
Mingxin Automotive Leather pays dividends on a annually basis. 2024 dividend payments are in 2023-07-07. 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 Mingxin Automotive Leather increase its dividend in 2024?
Decisions regarding Mingxin Automotive Leather 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 Mingxin Automotive Leather dividend overview you can look into the above table of dividend history.
How Mingxin Automotive Leather dividend works?
The Mingxin Automotive Leather 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 Mingxin Automotive Leather's dividend process works:
1. Determination of Dividend: Mingxin Automotive Leather'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, Mingxin Automotive Leather 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, Mingxin Automotive Leather 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 Mingxin Automotive Leather 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 Mingxin Automotive Leather dividends paid?
Mingxin Automotive Leather dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Mingxin Automotive Leather 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, Mingxin Automotive Leather distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mingxin Automotive Leather 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 Mingxin Automotive Leather pay dividends?
Mingxin Automotive Leather 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 Mingxin Automotive Leather pay dividends?
The general pattern is that Mingxin Automotive Leather pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Mingxin Automotive Leather dividend safe?
The safety of Mingxin Automotive Leather'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 Mingxin Automotive Leather'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 Mingxin Automotive Leather'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.