NBTM New Materials Group Co., Ltd. produces and sells powder metal structural parts and magnetic materials components in China. It provides powder metal structural components for use in automotive engine, transmission system, chassis, and other main parts; air condition compressor and refrigerator compressor parts for home appliances; and motorcycle engines, clutches, and other components for motorcycles. The company also offers soft magnetic materials, including alloy powder, iron powder cores, and alloy powder cores for use in pure electric vehicles, charging piles, solar energy, UPS, white goods, and other fields. It serves automotive, home appliance, motorcycle, mechanical engineering, and other industries. The company was formerly known as Ningbo Tongmuo new materials Group Co., Ltd. and changed its name to NBTM New Materials Group Co., Ltd. in March 2007. NBTM New Materials Group Co., Ltd. is based in Ningbo, the People's Republic of China.
NBTM New Materials Dividend Announcement
• NBTM New Materials announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06
• NBTM New Materials annual dividend for 2024 was ¥0.20
• NBTM New Materials annual dividend for 2023 was ¥0.10
• NBTM New Materials's trailing twelve-month (TTM) dividend yield is 1.12%
• NBTM New Materials's payout ratio for the trailing twelve months (TTM) is 19.62%
• NBTM New Materials's dividend growth over the last five years (2018-2023) was -27.52% year
• NBTM New Materials's dividend growth over the last ten years (2013-2023) was -1.81% year
NBTM New Materials Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-06 | ¥0.20 | annually | 2024-06-06 |
2023-06-01 | ¥0.10 | annually | 2023-06-01 |
2022-06-01 | ¥0.05 | annually | 2022-06-01 |
2021-06-04 | ¥0.15 | annually | 2021-06-04 |
2020-06-05 | ¥0.20 | annually | 2020-06-05 |
2019-06-06 | ¥0.40 | annually | 2019-06-06 |
2018-09-04 | ¥0.20 | annually | 2018-09-04 |
2018-04-26 | ¥0.30 | annually | 2018-04-26 |
2017-04-27 | ¥0.20 | annually | 2017-04-27 |
2016-05-24 | ¥0.20 | annually | |
2015-04-21 | ¥0.12 | annually | |
2014-04-30 | ¥0.15 | annually | |
2013-04-23 | ¥0.12 | annually |
NBTM New Materials Dividend per year
NBTM New Materials Dividend growth
NBTM New Materials Dividend Yield
NBTM New Materials current trailing twelve-month (TTM) dividend yield is 1.12%. Interested in purchasing NBTM New Materials stock? Use our calculator to estimate your expected dividend yield:
NBTM New Materials Financial Ratios
NBTM New Materials Dividend FAQ
Other factors to consider when evaluating NBTM New Materials 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: NBTM New Materials'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, NBTM New Materials 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, NBTM New Materials 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 NBTM New Materials 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: NBTM New Materials 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, NBTM New Materials distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NBTM New Materials 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 NBTM New Materials'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 NBTM New Materials'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.