Ningbo Cixing Co.,Ltd. manufactures and sells knitting machinery in China and internationally. Its products include flat knitting machines, steiger, circular machines, computerized shoe machines, automated shoe-making production line, automatic ironing machines, industrial robots, etc. The company also provides after-sales and technical support services. Ningbo Cixing Co.,Ltd. was founded in 1988 and is based in Ningbo, China.
Ningbo Cixing Dividend Announcement
• Ningbo Cixing announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-27 • Ningbo Cixing annual dividend for 2024 was ¥0.10 • Ningbo Cixing's trailing twelve-month (TTM) dividend yield is 1.28% • Ningbo Cixing's payout ratio for the trailing twelve months (TTM) is 0.85%
Ningbo Cixing current trailing twelve-month (TTM) dividend yield is 1.28%. Interested in purchasing Ningbo Cixing stock? Use our calculator to estimate your expected dividend yield:
Ningbo Cixing Financial Ratios
P/E ratio20.11
PEG ratio0.30
P/B ratio1.92
ROE9.73%
Payout ratio0.85%
Current ratio1.64
Quick ratio0.90
Cash Ratio0.15
Ningbo Cixing Dividend FAQ
How much is the next Ningbo Cixing dividend?
Ningbo Cixing's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Ningbo Cixing dividend. The next Ningbo Cixing dividend will be released in .
When is Ningbo Cixing dividend paid?
Ningbo Cixing pays dividends on a annually basis. The specific dates may vary each year but are generally around . 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 Ningbo Cixing pay?
The specific amount of Ningbo Cixing 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 Ningbo Cixing's dividend history.
Does Ningbo Cixing stock pay dividends?
Yes, Ningbo Cixing 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 Ningbo Cixing's dividend history.
How much dividend does Ningbo Cixing pay?
Ningbo Cixing paid ¥0.1 in 2024, ¥0.0 in 2023, ¥0.0 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Ningbo Cixing pay dividends?
Ningbo Cixing 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 .
What is Ningbo Cixing's dividend yield?
The current dividend yield for Ningbo Cixing is 1.28%. 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 Ningbo Cixing's exact dividend yield.
When does Ningbo Cixing go ex dividend?
Ningbo Cixing's ex-dividend date for the latest dividend was on 2024-09-27. Ningbo Cixing 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 Ningbo Cixing dividend paid?
Ningbo Cixing pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Ningbo Cixing 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 Ningbo Cixing 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 Ningbo Cixing dividend per share?
Ningbo Cixing paid ¥0.1 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Ningbo Cixing 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 Ningbo Cixing 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 Ningbo Cixing 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 Ningbo Cixing a dividend stock?
Yes, Ningbo Cixing is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ningbo Cixing a good dividend stock?
Whether Ningbo Cixing is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Ningbo Cixing has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Ningbo Cixing 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 Ningbo Cixing pay dividends monthly?
Ningbo Cixing typically pays dividends on a annually basis.
Does Ningbo Cixing pay dividends quarterly?
Ningbo Cixing currently pays dividends on a annually basis.
Has Ningbo Cixing ever paid a dividend?
Yes, Ningbo Cixing has a history of paying dividends to its shareholders. Ningbo Cixing is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ningbo Cixing dividend stocks?
To buy Ningbo Cixing 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 Ningbo Cixing 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 Ningbo Cixing pay dividends 2024?
Ningbo Cixing pays dividends on a annually basis. 2024 dividend payments are in 2024-09-27. 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 Ningbo Cixing increase its dividend in 2024?
Decisions regarding Ningbo Cixing 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 Ningbo Cixing dividend overview you can look into the above table of dividend history.
How Ningbo Cixing dividend works?
The Ningbo Cixing 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 Ningbo Cixing's dividend process works:
1. Determination of Dividend: Ningbo Cixing'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 Cixing 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 Cixing 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 Cixing 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 Ningbo Cixing dividends paid?
Ningbo Cixing dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Ningbo Cixing 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 Cixing 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 Cixing 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 Ningbo Cixing pay dividends?
Ningbo Cixing 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 Ningbo Cixing pay dividends?
The general pattern is that Ningbo Cixing pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Ningbo Cixing dividend safe?
The safety of Ningbo Cixing'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 Ningbo Cixing'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 Cixing'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.