Neway CNC Equipment (Suzhou) Co., Ltd. manufactures industrial machinery worldwide. The company produces numerically-controlled machine tools, numerical control systems, actuating devices, and other products. It also provides after sales and other services. The company was founded in 1997 and is based in Suzhou, China.
Neway CNC Equipment Dividend Announcement
• Neway CNC Equipment announced a annually dividend of ¥0.60 per ordinary share which will be made payable on 2024-06-14. Ex dividend date: 2024-06-14 • Neway CNC Equipment annual dividend for 2024 was ¥0.60 • Neway CNC Equipment annual dividend for 2023 was ¥0.40 • Neway CNC Equipment's trailing twelve-month (TTM) dividend yield is 3.34% • Neway CNC Equipment's payout ratio for the trailing twelve months (TTM) is 72.46%
Neway CNC Equipment current trailing twelve-month (TTM) dividend yield is 3.34%. Interested in purchasing Neway CNC Equipment stock? Use our calculator to estimate your expected dividend yield:
Neway CNC Equipment Financial Ratios
P/E ratio19.07
PEG ratio0.18
P/B ratio3.60
ROE19.09%
Payout ratio72.46%
Current ratio1.42
Quick ratio0.98
Cash Ratio0.12
Neway CNC Equipment Dividend FAQ
How much is the next Neway CNC Equipment dividend?
Neway CNC Equipment's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Neway CNC Equipment dividend. The next Neway CNC Equipment dividend will be released in June.
When is Neway CNC Equipment dividend paid?
Neway CNC Equipment pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Neway CNC Equipment pay?
The specific amount of Neway CNC Equipment 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 Neway CNC Equipment's dividend history.
Does Neway CNC Equipment stock pay dividends?
Yes, Neway CNC Equipment 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 Neway CNC Equipment's dividend history.
How much dividend does Neway CNC Equipment pay?
Neway CNC Equipment paid ¥0.6 in 2024, ¥0.4 in 2023, ¥0.25 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Neway CNC Equipment pay dividends?
Neway CNC Equipment 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 June.
What is Neway CNC Equipment's dividend yield?
The current dividend yield for Neway CNC Equipment is 3.34%. 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 Neway CNC Equipment's exact dividend yield.
When does Neway CNC Equipment go ex dividend?
Neway CNC Equipment's ex-dividend date for the latest dividend was on 2024-06-14. Neway CNC Equipment 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 Neway CNC Equipment dividend paid?
Neway CNC Equipment pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Neway CNC Equipment 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 Neway CNC Equipment 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 Neway CNC Equipment dividend per share?
Neway CNC Equipment paid ¥0.6 per share in 2024 and ¥0.4 per share in 2023. The amount of dividend per share that Neway CNC Equipment 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 Neway CNC Equipment 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 Neway CNC Equipment 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 Neway CNC Equipment a dividend stock?
Yes, Neway CNC Equipment is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Neway CNC Equipment a good dividend stock?
Whether Neway CNC Equipment is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Neway CNC Equipment has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Neway CNC 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.
Does Neway CNC Equipment pay dividends monthly?
Neway CNC Equipment typically pays dividends on a annually basis.
Does Neway CNC Equipment pay dividends quarterly?
Neway CNC Equipment currently pays dividends on a annually basis.
Has Neway CNC Equipment ever paid a dividend?
Yes, Neway CNC Equipment has a history of paying dividends to its shareholders. Neway CNC Equipment is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Neway CNC Equipment dividend stocks?
To buy Neway CNC Equipment 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 Neway CNC Equipment 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 Neway CNC Equipment pay dividends 2024?
Neway CNC Equipment pays dividends on a annually basis. 2024 dividend payments are in 2024-06-14. 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 Neway CNC Equipment increase its dividend in 2024?
Decisions regarding Neway CNC Equipment 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 Neway CNC Equipment dividend overview you can look into the above table of dividend history.
How Neway CNC Equipment dividend works?
The Neway CNC Equipment 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 Neway CNC Equipment's dividend process works:
1. Determination of Dividend: Neway CNC 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, Neway CNC 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, Neway CNC 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 Neway CNC 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.
How are Neway CNC Equipment dividends paid?
Neway CNC Equipment dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Neway CNC 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, Neway CNC 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: Neway CNC 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.
How many times does Neway CNC Equipment pay dividends?
Neway CNC Equipment 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 Neway CNC Equipment pay dividends?
The general pattern is that Neway CNC Equipment pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Neway CNC Equipment dividend safe?
The safety of Neway CNC Equipment'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 Neway CNC 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 Neway CNC 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.