Miracle Automation Engineering Co.Ltd provides intelligent equipment solutions and services in China and internationally. The company offers equipment for automobile manufacturing, intelligent storage, scrapped vehicle recycling, lithium battery recycling, new energy engineering, heavy industry manufacturing, and other industrial fields. It also provides consulting, design, manufacturing, installation, and intelligent maintenance services for automatic production system for automotive manufacturing, automatic storage, airport logistics, tyre manufacturing, machine tool manufacturing, power battery manufacturing, aviation manufacturing, etc. industries. In addition, the company engages in the recycling and dismantling of scrapped and end of life vehicles; remanufacturing of core automobile parts and components; and recycling and dismantling of power battery, step utilization, element recovery, etc. Further, it provides precision casting, precision processing, and integrated assembly services, as well as casting parts for wind power, nuclear power, gas turbine, reducer and other industries. The company was formerly known as Jiangsu Miracle Logistics System Engineering Co., Ltd. and changed its name to Miracle Automation Engineering Co.Ltd in April 2013. Miracle Automation Engineering Co.Ltd was founded in 1984 and is based in Wuxi, China.
Miracle Automation Engineering Dividend Announcement
• Miracle Automation Engineering announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-10-18
• Miracle Automation Engineering annual dividend for 2024 was ¥0.02
• Miracle Automation Engineering annual dividend for 2023 was ¥0.01
• Miracle Automation Engineering's trailing twelve-month (TTM) dividend yield is 0.14%
• Miracle Automation Engineering's payout ratio for the trailing twelve months (TTM) is -56.77%
• Miracle Automation Engineering's dividend growth over the last five years (2018-2023) was -27.52% year
• Miracle Automation Engineering's dividend growth over the last ten years (2013-2023) was -11.77% year
Miracle Automation Engineering Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-18 | ¥0.02 | annually | 2024-10-18 |
2023-07-14 | ¥0.01 | annually | 2023-07-14 |
2022-06-15 | ¥0.03 | annually | 2022-06-15 |
2021-07-05 | ¥0.05 | annually | 2021-07-05 |
2020-07-15 | ¥0.03 | annually | 2020-07-15 |
2019-05-30 | ¥0.06 | annually | 2019-05-30 |
2018-05-22 | ¥0.05 | annually | 2018-05-22 |
2017-06-01 | ¥0.05 | annually | 2017-06-01 |
2016-06-07 | ¥0.05 | annually | |
2015-06-09 | ¥0.05 | annually | |
2014-06-19 | ¥0.03 | annually | |
2013-05-06 | ¥0.04 | annually |
Miracle Automation Engineering Dividend per year
Miracle Automation Engineering Dividend growth
Miracle Automation Engineering Dividend Yield
Miracle Automation Engineering current trailing twelve-month (TTM) dividend yield is 0.14%. Interested in purchasing Miracle Automation Engineering stock? Use our calculator to estimate your expected dividend yield:
Miracle Automation Engineering Financial Ratios
Miracle Automation Engineering Dividend FAQ
Other factors to consider when evaluating Miracle Automation Engineering 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: Miracle Automation Engineering'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, Miracle Automation Engineering 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, Miracle Automation Engineering 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 Miracle Automation Engineering 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: Miracle Automation Engineering 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, Miracle Automation Engineering distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Miracle Automation Engineering 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 Miracle Automation Engineering'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 Miracle Automation Engineering'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.