Ningbo David Medical Device Co., Ltd. engages in the research and development, production, and distribution of medical equipment in worldwide. The company primarily provides infant incubators, transport incubators, infant radiant warmers, neonate bilirubin phototherapy equipment, infant resuscitators, etc. It also offers other products, such as infusion pumps, transcutaneous jaundice detectors, infant t-piece resuscitators, air/oxygen blenders, low pressure aspirators, infant oxygen hoods, far infrared heaters, and infant head fixing units. The company offers its products under David brand name. Ningbo David Medical Device Co., Ltd. was founded in 1992 and is headquartered in Ningbo, China.
Ningbo David Medical Device Dividend Announcement
• Ningbo David Medical Device announced a annually dividend of ¥0.18 per ordinary share which will be made payable on 2024-06-19. Ex dividend date: 2024-06-19
• Ningbo David Medical Device annual dividend for 2024 was ¥0.18
• Ningbo David Medical Device annual dividend for 2023 was ¥0.15
• Ningbo David Medical Device's trailing twelve-month (TTM) dividend yield is 1.43%
• Ningbo David Medical Device's payout ratio for the trailing twelve months (TTM) is 38.86%
• Ningbo David Medical Device's dividend growth over the last five years (2018-2023) was 24.57% year
• Ningbo David Medical Device's dividend growth over the last ten years (2013-2023) was -8.12% year
Ningbo David Medical Device Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-19 | ¥0.18 | annually | 2024-06-19 |
2023-05-09 | ¥0.15 | annually | 2023-05-09 |
2022-04-26 | ¥0.10 | annually | 2022-04-26 |
2021-03-16 | ¥0.15 | annually | 2021-03-16 |
2020-05-26 | ¥0.04 | annually | 2020-05-26 |
2019-06-13 | ¥0.09 | annually | 2019-06-13 |
2018-05-22 | ¥0.05 | annually | 2018-05-22 |
2017-05-16 | ¥0.06 | annually | 2017-05-16 |
2016-04-21 | ¥0.04 | annually | |
2015-05-20 | ¥0.10 | annually | |
2014-05-20 | ¥0.08 | annually | |
2013-05-22 | ¥0.35 | annually |
Ningbo David Medical Device Dividend per year
Ningbo David Medical Device Dividend growth
Ningbo David Medical Device Dividend Yield
Ningbo David Medical Device current trailing twelve-month (TTM) dividend yield is 1.43%. Interested in purchasing Ningbo David Medical Device stock? Use our calculator to estimate your expected dividend yield:
Ningbo David Medical Device Financial Ratios
Ningbo David Medical Device Dividend FAQ
Other factors to consider when evaluating Ningbo David Medical Device 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 David Medical Device'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 David Medical Device 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 David Medical Device 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 David Medical Device 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 David Medical Device 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 David Medical Device 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 David Medical Device 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 David Medical Device'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 David Medical Device'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.