Nanjing Kangni Mechanical & Electrical Co.,Ltd engages in the research and development, manufacture, sale, and maintenance of railway vehicle door systems. The company offers mass transit vehicle doors, including electrically driven bi-parting and single-leaf sliding plug, electrically driven bi-parting external tightness and pocket sliding, manual sliding plug, manual pocket sliding, hinged, and external emergency front doors, as well as upturned hinged emergency front door/emergency stairs and rear end doors for cabs. It also provides main line vehicle doors, such as electrically controlled pneumatically driven pocket sliding and sliding plug, electrically controlled electrically driven sliding plug and sliding, manually operated sliding plug, manual operated hinged/sliding, inflatable sealing sliding plug, and manual sliding door/manually operated hinged door/manually operated swing doors. In addition, the company offers platform screen doors comprising full and half-height platform screen door systems for railway stations; and vehicle interior fittings that include partition of VIP rooms, central ceilings/ventilation grids, longitudinal transoms, partition walls/electrical cubicle covers of cab, side walls/side ceilings, side windows, and handrails and screens, as well as bus doors. Further, it provides power connectors and new energy products for automobile industry and precision machining equipment; and electrical, mechanism driving, door leaf, and operating parts, as well as after sales and maintenance services. The company has operations in China, France, Canada, Turkey, Singapore, Argentina, the United States, Saudi Arabia, Brazil, the United Kingdom, Germany, Austria, Italy, and Russia under the Kangni brand. Nanjing Kangni Mechanical & Electrical Co.,Ltd was founded in 2000 and is based in Nanjing, China.
Nanjing Kangni Mechanical & Electrical Dividend Announcement
• Nanjing Kangni Mechanical & Electrical announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-07-17. Ex dividend date: 2024-07-17
• Nanjing Kangni Mechanical & Electrical annual dividend for 2024 was ¥0.20
• Nanjing Kangni Mechanical & Electrical's trailing twelve-month (TTM) dividend yield is 3.24%
• Nanjing Kangni Mechanical & Electrical's payout ratio for the trailing twelve months (TTM) is 0.89%
Nanjing Kangni Mechanical & Electrical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-17 | ¥0.20 | annually | 2024-07-17 |
2018-05-29 | ¥0.12 | annually | 2018-05-29 |
2017-06-27 | ¥0.10 | annually | 2017-06-27 |
2016-05-23 | ¥0.20 | annually | |
2015-05-18 | ¥0.15 | annually |
Nanjing Kangni Mechanical & Electrical Dividend per year
Nanjing Kangni Mechanical & Electrical Dividend growth
Nanjing Kangni Mechanical & Electrical Dividend Yield
Nanjing Kangni Mechanical & Electrical current trailing twelve-month (TTM) dividend yield is 3.24%. Interested in purchasing Nanjing Kangni Mechanical & Electrical stock? Use our calculator to estimate your expected dividend yield:
Nanjing Kangni Mechanical & Electrical Financial Ratios
Nanjing Kangni Mechanical & Electrical Dividend FAQ
Other factors to consider when evaluating Nanjing Kangni Mechanical & Electrical 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 Kangni Mechanical & Electrical'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 Kangni Mechanical & Electrical 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 Kangni Mechanical & Electrical 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 Kangni Mechanical & Electrical 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 Kangni Mechanical & Electrical 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 Kangni Mechanical & Electrical 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 Kangni Mechanical & Electrical 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 Kangni Mechanical & Electrical'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 Kangni Mechanical & Electrical'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.