Nexteer Automotive Group Limited, an investment holding company, designs, develops, manufactures, and distributes steering and driveline systems and components for automobile manufacturers and other automotive-related companies. It offers electric power steering (EPS) products, such as column, pinion, and rack assist, as well as dual pinion EPS; EPS remanufacturing products, intermediate shafts, and modular power packs; and hydraulic power steering products, such as magnetic torque overlay, smart flow pumps, power steering pumps and reservoirs, rack and pinion steering gears, and recirculating ball steering gears, as well as aftermarket products. The company also provides steering columns, including power tilts and telescopes, power rakes and telescopes, one-touch adjustable columns, manual rakes and telescopes, non-adjustable columns, intermediate shafts, transmission shifters, and stowable steering column, as well as electronics, modules, and sub-assemblies. In addition, it offers driveline products comprising front and rear wheel half shafts, intermediate drive shafts, and propeller shaft constant velocity joints. Further, the company provides advanced driver assistance systems and automated driving technologies, which include steer by wire, steering on demand system, quiet wheel steering, magnetic torque overlay, and high availability EPS for resilient operational availability, as well as offers customer support and engineering center services. It operates in North America, the Asia Pacific, Europe, the Middle East, Africa, and South America. The company was founded in 1906 and is headquartered in Auburn Hills, Michigan. Nexteer Automotive Group Limited is a subsidiary of Nexteer Automotive (Hong Kong) Holdings Limited.
Nexteer Automotive Dividend Announcement
• Nexteer Automotive announced a annually dividend of HK$0.02 per ordinary share which will be made payable on 2024-07-09. Ex dividend date: 2024-06-21
• Nexteer Automotive annual dividend for 2024 was HK$0.02
• Nexteer Automotive annual dividend for 2023 was HK$0.04
• Nexteer Automotive's trailing twelve-month (TTM) dividend yield is 6.42%
• Nexteer Automotive's payout ratio for the trailing twelve months (TTM) is 32.11%
• Nexteer Automotive's dividend growth over the last five years (2018-2023) was -30.07% year
Nexteer Automotive Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-21 | HK$0.02 | annually | 2024-07-09 |
| 2023-06-23 | HK$0.04 | annually | 2023-07-10 |
| 2022-06-23 | HK$0.07 | annually | 2022-07-11 |
| 2021-06-10 | HK$0.07 | annually | 2021-06-28 |
| 2020-07-03 | HK$0.25 | annually | 2020-07-20 |
| 2019-06-05 | HK$0.24 | annually | 2019-06-20 |
| 2018-06-06 | HK$0.22 | annually | 2018-06-22 |
| 2017-06-07 | HK$0.19 | annually | 2017-06-21 |
| 2016-06-08 | HK$0.12 | annually | 2016-06-23 |
| 2015-06-08 | HK$0.10 | annually | 2015-06-22 |
| 2014-06-09 | HK$0.07 | annually | 2014-06-20 |
Nexteer Automotive Dividend per year
Nexteer Automotive Dividend growth
Nexteer Automotive Dividend Yield
Nexteer Automotive current trailing twelve-month (TTM) dividend yield is 6.42%. Interested in purchasing Nexteer Automotive stock? Use our calculator to estimate your expected dividend yield:
Nexteer Automotive Financial Ratios
P/E ratio6.68
PEG ratio0.53
P/B ratio0.12
ROE1.88%
Payout ratio32.11%
Current ratio1.42
Quick ratio1.15
Cash Ratio0.29
Nexteer Automotive Dividend FAQ
How much is the next Nexteer Automotive dividend?
Nexteer Automotive's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Nexteer Automotive dividend. The next Nexteer Automotive dividend will be released in June.
When is Nexteer Automotive dividend paid?
Nexteer Automotive 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 Nexteer Automotive pay?
The specific amount of Nexteer Automotive 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 Nexteer Automotive's dividend history.
Does Nexteer Automotive stock pay dividends?
Yes, Nexteer Automotive 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 Nexteer Automotive's dividend history.
How much dividend does Nexteer Automotive pay?
Nexteer Automotive paid HK$0.023 in 2024, HK$0.037 in 2023, HK$0.074 in 2022, HK$0.073 in 2021, and HK$0.251 in 2020.
How often does Nexteer Automotive pay dividends?
Nexteer Automotive 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 Nexteer Automotive's dividend yield?
The current dividend yield for Nexteer Automotive is 6.42%. 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 Nexteer Automotive's exact dividend yield.
When does Nexteer Automotive go ex dividend?
Nexteer Automotive's ex-dividend date for the latest dividend was on 2024-06-21. Nexteer Automotive 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 Nexteer Automotive dividend paid?
Nexteer Automotive pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Nexteer Automotive 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 Nexteer Automotive 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 Nexteer Automotive dividend per share?
Nexteer Automotive paid HK$0.023 per share in 2024 and HK$0.037 per share in 2023. The amount of dividend per share that Nexteer Automotive 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 Nexteer Automotive 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 Nexteer Automotive 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 Nexteer Automotive a dividend stock?
Yes, Nexteer Automotive is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Nexteer Automotive a good dividend stock?
Whether Nexteer Automotive is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Nexteer Automotive has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Nexteer Automotive 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.
Other factors to consider when evaluating Nexteer Automotive 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 Nexteer Automotive pay dividends monthly?
Nexteer Automotive typically pays dividends on a annually basis.
Does Nexteer Automotive pay dividends quarterly?
Nexteer Automotive currently pays dividends on a annually basis.
Has Nexteer Automotive ever paid a dividend?
Yes, Nexteer Automotive has a history of paying dividends to its shareholders. Nexteer Automotive is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Nexteer Automotive dividend stocks?
To buy Nexteer Automotive 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 Nexteer Automotive 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.
Place an order: Use the brokerage's trading platform to place an order to buy Nexteer Automotive 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 Nexteer Automotive pay dividends 2024?
Nexteer Automotive pays dividends on a annually basis. 2024 dividend payments are in 2024-07-09. 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 Nexteer Automotive increase its dividend in 2024?
Decisions regarding Nexteer Automotive 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 Nexteer Automotive dividend overview you can look into the above table of dividend history.
How Nexteer Automotive dividend works?
The Nexteer Automotive 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 Nexteer Automotive's dividend process works:
1. Determination of Dividend: Nexteer Automotive'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, Nexteer Automotive 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, Nexteer Automotive 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 Nexteer Automotive 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. Determination of Dividend: Nexteer Automotive'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, Nexteer Automotive 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, Nexteer Automotive 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 Nexteer Automotive 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 Nexteer Automotive dividends paid?
Nexteer Automotive dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Nexteer Automotive 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, Nexteer Automotive distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nexteer Automotive 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.
1. Record Date: Nexteer Automotive 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, Nexteer Automotive distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nexteer Automotive 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 Nexteer Automotive pay dividends?
Nexteer Automotive 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 Nexteer Automotive pay dividends?
The general pattern is that Nexteer Automotive 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 Nexteer Automotive dividend safe?
The safety of Nexteer Automotive'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 Nexteer Automotive'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 Nexteer Automotive'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.
To assess the safety of Nexteer Automotive'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 Nexteer Automotive'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.