Newonder Special Electric Co.,Ltd designs, manufactures, and markets transformers. Its products include dry-type transformers, including converter variable frequency speed regulation, shore power supply, oil and gas drilling, ship power, energy storage, and photovoltaic wind power transformers. The company's product's also comprise oil-immersed transformers, including energy storage, photovoltaic wind power, distribution, and other special transformers, as well as converter transformers for variable frequency speed regulation; and reactors, including synchronous switching, incoming line, outgoing, smoothing, filter, series, SVG, and other reactors. Newonder Special Electric Co.,Ltd was founded in 1985 and is based in Beijing, China. Newonder Special Electric Co.,Ltd operates as a subsidiary of China Galaxy Securities Co., Ltd.
Newonder Special Electric Dividend Announcement
• Newonder Special Electric announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2024-05-28. Ex dividend date: 2024-05-28 • Newonder Special Electric annual dividend for 2024 was ¥0.06 • Newonder Special Electric annual dividend for 2023 was ¥0.12 • Newonder Special Electric's trailing twelve-month (TTM) dividend yield is 0.57% • Newonder Special Electric's payout ratio for the trailing twelve months (TTM) is 228.59%
Newonder Special Electric current trailing twelve-month (TTM) dividend yield is 0.57%. Interested in purchasing Newonder Special Electric stock? Use our calculator to estimate your expected dividend yield:
Newonder Special Electric Financial Ratios
P/E ratio201.55
PEG ratio3.02
P/B ratio2.25
ROE1.11%
Payout ratio228.59%
Current ratio18.96
Quick ratio17.82
Cash Ratio4.82
Newonder Special Electric Dividend FAQ
How much is the next Newonder Special Electric dividend?
Newonder Special Electric's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Newonder Special Electric dividend. The next Newonder Special Electric dividend will be released in May.
When is Newonder Special Electric dividend paid?
Newonder Special Electric pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Newonder Special Electric pay?
The specific amount of Newonder Special Electric 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 Newonder Special Electric's dividend history.
Does Newonder Special Electric stock pay dividends?
Yes, Newonder Special Electric 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 Newonder Special Electric's dividend history.
How much dividend does Newonder Special Electric pay?
Newonder Special Electric paid ¥0.055 in 2024, ¥0.12 in 2023, ¥0.2 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Newonder Special Electric pay dividends?
Newonder Special Electric 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 May.
What is Newonder Special Electric's dividend yield?
The current dividend yield for Newonder Special Electric is 0.57%. 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 Newonder Special Electric's exact dividend yield.
When does Newonder Special Electric go ex dividend?
Newonder Special Electric's ex-dividend date for the latest dividend was on 2024-05-28. Newonder Special Electric 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 Newonder Special Electric dividend paid?
Newonder Special Electric pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Newonder Special Electric 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 Newonder Special Electric 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 Newonder Special Electric dividend per share?
Newonder Special Electric paid ¥0.055 per share in 2024 and ¥0.12 per share in 2023. The amount of dividend per share that Newonder Special Electric 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 Newonder Special Electric 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 Newonder Special Electric 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 Newonder Special Electric a dividend stock?
Yes, Newonder Special Electric is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Newonder Special Electric a good dividend stock?
Whether Newonder Special Electric is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Newonder Special Electric has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Newonder Special Electric 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 Newonder Special Electric pay dividends monthly?
Newonder Special Electric typically pays dividends on a annually basis.
Does Newonder Special Electric pay dividends quarterly?
Newonder Special Electric currently pays dividends on a annually basis.
Has Newonder Special Electric ever paid a dividend?
Yes, Newonder Special Electric has a history of paying dividends to its shareholders. Newonder Special Electric is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Newonder Special Electric dividend stocks?
To buy Newonder Special Electric 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 Newonder Special Electric 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 Newonder Special Electric pay dividends 2024?
Newonder Special Electric pays dividends on a annually basis. 2024 dividend payments are in 2024-05-28. 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 Newonder Special Electric increase its dividend in 2024?
Decisions regarding Newonder Special Electric 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 Newonder Special Electric dividend overview you can look into the above table of dividend history.
How Newonder Special Electric dividend works?
The Newonder Special Electric 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 Newonder Special Electric's dividend process works:
1. Determination of Dividend: Newonder Special Electric'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, Newonder Special Electric 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, Newonder Special Electric 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 Newonder Special Electric 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 Newonder Special Electric dividends paid?
Newonder Special Electric dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Newonder Special Electric 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, Newonder Special Electric distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Newonder Special Electric 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 Newonder Special Electric pay dividends?
Newonder Special Electric 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 Newonder Special Electric pay dividends?
The general pattern is that Newonder Special Electric pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Newonder Special Electric dividend safe?
The safety of Newonder Special Electric'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 Newonder Special Electric'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 Newonder Special Electric'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.