Neway Valve (Suzhou) Co., Ltd. researches, develops, produces, sells, and services industrial valves in the People's Republic of China and internationally. The company offers gate, globe, and check valves, including cast steel, parallel gate, axial flow/dual plate check, and forged valves; ball valves, such as floating ball, trunnion mounted ball, DBB compact manifold, and other type ball valve; and butterfly valves comprising concentric, double offset, and triple offset butterfly valves. It also provides cryogenic valves, including cryogenic gate, cryogenic globe, cryogenic check, cryogenic ball, cryogenic offset butterfly, and cryogenic control valves; on-off valves, such as electric, pneumatic, hydraulic, electro-hydraulic, and pneumatic-hydraulic valves; and power plant valve comprising nuclear and conventional power plant valves. In addition, the company offers subsea gate and ball valves, oxygen valves, and safety valves, as well as wellhead equipment; and control valves, including concentric type V-notch segmental, resistance to erosion angle type, multil-stage depress pressure, single-seated, eccentric rotating, cage-guided, and bellow seal control valves. Its products have applications in onshore exploration and production; offshore topside systems; subsea systems; LNG; gas and liquid transmission lines; loading/off-loading and storage; refining and petrochemical; chemical; coal chemical; conventional and innovative power; nuclear power; mining and minerals; air separation; and water treatment fields. Neway Valve (Suzhou) Co., Ltd. was founded in 1997 and is based in Suzhou, the People's Republic of China.
Neway Valve Dividend Announcement
• Neway Valve announced a semi annually dividend of ¥0.38 per ordinary share which will be made payable on 2024-10-23. Ex dividend date: 2024-10-23
• Neway Valve annual dividend for 2024 was ¥0.90
• Neway Valve annual dividend for 2023 was ¥0.36
• Neway Valve's trailing twelve-month (TTM) dividend yield is 5.37%
• Neway Valve's payout ratio for the trailing twelve months (TTM) is 72.12%
• Neway Valve's dividend growth over the last five years (2018-2023) was 17.61% year
Neway Valve Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-23 | ¥0.38 | semi annually | 2024-10-23 |
2024-07-10 | ¥0.52 | semi annually | 2024-07-10 |
2023-07-12 | ¥0.36 | semi annually | 2023-07-12 |
2022-07-14 | ¥0.25 | semi annually | 2022-07-14 |
2021-07-15 | ¥0.46 | semi annually | 2021-07-15 |
2020-07-13 | ¥0.40 | semi annually | 2020-07-13 |
2019-07-05 | ¥0.67 | semi annually | 2019-07-05 |
2018-07-06 | ¥0.16 | semi annually | 2018-07-06 |
2017-07-07 | ¥0.16 | semi annually | 2017-07-07 |
2016-07-08 | ¥0.25 | semi annually | |
2015-07-14 | ¥0.40 | semi annually | |
2014-06-27 | ¥0.35 | semi annually |
Neway Valve Dividend per year
Neway Valve Dividend growth
Neway Valve Dividend Yield
Neway Valve current trailing twelve-month (TTM) dividend yield is 5.37%. Interested in purchasing Neway Valve stock? Use our calculator to estimate your expected dividend yield:
Neway Valve Financial Ratios
Neway Valve Dividend FAQ
Other factors to consider when evaluating Neway Valve 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: Neway Valve'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 Valve 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 Valve 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 Valve 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: Neway Valve 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 Valve 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 Valve 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 Neway Valve'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 Valve'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.