Ningbo Boway Alloy Material Company Limited researches, develops, manufactures, and sells non-ferrous alloy materials in Asia, Europe, North America, and internationally. It offers alloy bars and wires, such as copper alloys for precision molds; special alloy pen materials; brass alloy materials; nickel-silver alloy materials; bronze alloy materials; special alloy materials; high-strength high conductivity alloy materials; and environmental alloy materials. The company also provides alloy plates and strips, such as high-strength high-conductivity copper chromium zirconium alloy strips; high precision copper nickel tin strips; high-strength high-conductivity copper nickel silicon strips; high-conductivity high-softening Cu-Fe strips; high precision nickel silver strips; and high precision phosphor bronze strips. In addition, it offers monocrystalline black components, polycrystalline series solar cells, components, and other products. The company's products are used in aerospace, high-speed rail, electronics, telecommunication, automobile, ship, engineering machine, precision molding, lead frame, household appliance, and bathroom hardware industries. Ningbo Boway Alloy Material Company Limited was founded in 1993 and is based in Ningbo, China.
Ningbo Boway Alloy Material Dividend Announcement
• Ningbo Boway Alloy Material announced a annually dividend of ¥0.45 per ordinary share which will be made payable on 2024-06-19. Ex dividend date: 2024-06-19
• Ningbo Boway Alloy Material annual dividend for 2024 was ¥0.45
• Ningbo Boway Alloy Material annual dividend for 2023 was ¥0.21
• Ningbo Boway Alloy Material's trailing twelve-month (TTM) dividend yield is 2.45%
• Ningbo Boway Alloy Material's payout ratio for the trailing twelve months (TTM) is 31.28%
• Ningbo Boway Alloy Material's dividend growth over the last five years (2018-2023) was 6.96% year
• Ningbo Boway Alloy Material's dividend growth over the last ten years (2013-2023) was 1.55% year
Ningbo Boway Alloy Material Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-19 | ¥0.45 | annually | 2024-06-19 |
2023-06-02 | ¥0.21 | annually | 2023-06-02 |
2022-07-04 | ¥0.12 | annually | 2022-07-04 |
2021-06-23 | ¥0.17 | annually | 2021-06-23 |
2020-06-03 | ¥0.20 | annually | 2020-06-03 |
2019-05-30 | ¥0.08 | annually | 2019-05-30 |
2018-05-10 | ¥0.15 | annually | 2018-05-10 |
2017-05-24 | ¥0.09 | annually | 2017-05-24 |
2016-04-22 | ¥0.12 | annually | |
2015-06-17 | ¥0.12 | annually | |
2014-06-17 | ¥0.15 | annually | |
2013-05-31 | ¥0.18 | annually |
Ningbo Boway Alloy Material Dividend per year
Ningbo Boway Alloy Material Dividend growth
Ningbo Boway Alloy Material Dividend Yield
Ningbo Boway Alloy Material current trailing twelve-month (TTM) dividend yield is 2.45%. Interested in purchasing Ningbo Boway Alloy Material stock? Use our calculator to estimate your expected dividend yield:
Ningbo Boway Alloy Material Financial Ratios
Ningbo Boway Alloy Material Dividend FAQ
Other factors to consider when evaluating Ningbo Boway Alloy Material 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: Ningbo Boway Alloy Material'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, Ningbo Boway Alloy Material 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, Ningbo Boway Alloy Material 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 Ningbo Boway Alloy Material 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: Ningbo Boway Alloy Material 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, Ningbo Boway Alloy Material distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ningbo Boway Alloy Material 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 Ningbo Boway Alloy Material'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 Ningbo Boway Alloy Material'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.