Nanjing Inform Storage Equipment (Group) Co., Ltd. produces and sells storage solutions in China. The company offers racking solutions, including automated storage and retrieval systems; multi-tier mezzanines; and long span, carton flow, radio shuttle, drive-in, push back, live in, cantilever, and electric mobile racking systems. It also provides automated storage solutions, such as warehouse monitor and control software systems; shuttle carrier, shuttle and stacker crane, shuttle and forklift, four-way shuttle, mobile racking, and 360°AGV systems; and in shuttle car picking systems, light duty stack crane systems, and carousel racking systems. The company was formerly known as Nanjing Inform Storage Equipment Co., Ltd. and changed its name to Nanjing Inform Storage Equipment (Group) Co., Ltd. in November 2016. Nanjing Inform Storage Equipment (Group) Co., Ltd. was founded in 1995 and is based in Nanjing, China.
Nanjing Inform Storage Equipment Dividend Announcement
• Nanjing Inform Storage Equipment announced a annually dividend of ¥0.14 per ordinary share which will be made payable on 2024-07-16. Ex dividend date: 2024-07-16
• Nanjing Inform Storage Equipment annual dividend for 2024 was ¥0.14
• Nanjing Inform Storage Equipment annual dividend for 2023 was ¥0.09
• Nanjing Inform Storage Equipment's trailing twelve-month (TTM) dividend yield is 1.14%
• Nanjing Inform Storage Equipment's payout ratio for the trailing twelve months (TTM) is 48.56%
• Nanjing Inform Storage Equipment's dividend growth over the last five years (2018-2023) was 10.20% year
Nanjing Inform Storage Equipment Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-16 | ¥0.14 | annually | 2024-07-16 |
2023-07-03 | ¥0.09 | annually | 2023-07-03 |
2022-06-28 | ¥0.09 | annually | 2022-06-28 |
2021-05-24 | ¥0.07 | annually | 2021-05-24 |
2020-07-20 | ¥0.05 | annually | 2020-07-20 |
2019-06-27 | ¥0.06 | annually | 2019-06-27 |
2018-06-13 | ¥0.06 | annually | 2018-06-13 |
2017-11-07 | ¥0.01 | annually | 2017-11-07 |
2017-06-09 | ¥0.03 | annually | 2017-06-09 |
2016-06-24 | ¥0.14 | annually | |
2015-11-05 | ¥0.12 | annually |
Nanjing Inform Storage Equipment Dividend per year
Nanjing Inform Storage Equipment Dividend growth
Nanjing Inform Storage Equipment Dividend Yield
Nanjing Inform Storage Equipment current trailing twelve-month (TTM) dividend yield is 1.14%. Interested in purchasing Nanjing Inform Storage Equipment stock? Use our calculator to estimate your expected dividend yield:
Nanjing Inform Storage Equipment Financial Ratios
Nanjing Inform Storage Equipment Dividend FAQ
Other factors to consider when evaluating Nanjing Inform Storage Equipment 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: Nanjing Inform Storage Equipment'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, Nanjing Inform Storage Equipment 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, Nanjing Inform Storage Equipment 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 Nanjing Inform Storage Equipment 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: Nanjing Inform Storage Equipment 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, Nanjing Inform Storage Equipment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nanjing Inform Storage Equipment 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 Nanjing Inform Storage Equipment'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 Nanjing Inform Storage Equipment'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.