Ningbo Gaofa Automotive Control System Co., Ltd. designs, develops, manufactures, and operates automotive control products in China. The company offers variable speed control systems, electronic accelerator pedals, electronic shifters, and automotive cables. It supplies its products to automotive industry. The company was founded in 1999 and is headquartered in Ningbo, China.
Ningbo Gaofa Automotive Control System Dividend Announcement
• Ningbo Gaofa Automotive Control System announced a annually dividend of ¥0.60 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-30 • Ningbo Gaofa Automotive Control System annual dividend for 2024 was ¥0.60 • Ningbo Gaofa Automotive Control System annual dividend for 2023 was ¥0.50 • Ningbo Gaofa Automotive Control System's trailing twelve-month (TTM) dividend yield is 4.02% • Ningbo Gaofa Automotive Control System's payout ratio for the trailing twelve months (TTM) is 65.67% • Ningbo Gaofa Automotive Control System's dividend growth over the last five years (2018-2023) was -12.94% year
Ningbo Gaofa Automotive Control System Dividend History
Ningbo Gaofa Automotive Control System Dividend per year
Ningbo Gaofa Automotive Control System Dividend growth
Ningbo Gaofa Automotive Control System Dividend Yield
Ningbo Gaofa Automotive Control System current trailing twelve-month (TTM) dividend yield is 4.02%. Interested in purchasing Ningbo Gaofa Automotive Control System stock? Use our calculator to estimate your expected dividend yield:
Ningbo Gaofa Automotive Control System Financial Ratios
P/E ratio16.25
PEG ratio-1.83
P/B ratio1.63
ROE10.09%
Payout ratio65.67%
Current ratio4.04
Quick ratio3.57
Cash Ratio0.98
Ningbo Gaofa Automotive Control System Dividend FAQ
How much is the next Ningbo Gaofa Automotive Control System dividend?
Ningbo Gaofa Automotive Control System'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 Gaofa Automotive Control System dividend. The next Ningbo Gaofa Automotive Control System dividend will be released in June.
When is Ningbo Gaofa Automotive Control System dividend paid?
Ningbo Gaofa Automotive Control System 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 Ningbo Gaofa Automotive Control System pay?
The specific amount of Ningbo Gaofa Automotive Control System 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 Gaofa Automotive Control System's dividend history.
Does Ningbo Gaofa Automotive Control System stock pay dividends?
Yes, Ningbo Gaofa Automotive Control System 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 Gaofa Automotive Control System's dividend history.
How much dividend does Ningbo Gaofa Automotive Control System pay?
Ningbo Gaofa Automotive Control System paid ¥0.6 in 2024, ¥0.5 in 2023, ¥0.5 in 2022, ¥0.6 in 2021, and ¥0.6 in 2020.
How often does Ningbo Gaofa Automotive Control System pay dividends?
Ningbo Gaofa Automotive Control System 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 Ningbo Gaofa Automotive Control System's dividend yield?
The current dividend yield for Ningbo Gaofa Automotive Control System is 4.02%. 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 Gaofa Automotive Control System's exact dividend yield.
When does Ningbo Gaofa Automotive Control System go ex dividend?
Ningbo Gaofa Automotive Control System's ex-dividend date for the latest dividend was on 2024-05-30. Ningbo Gaofa Automotive Control System 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 Gaofa Automotive Control System dividend paid?
Ningbo Gaofa Automotive Control System pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Ningbo Gaofa Automotive Control System 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 Gaofa Automotive Control System 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 Gaofa Automotive Control System dividend per share?
Ningbo Gaofa Automotive Control System paid ¥0.6 per share in 2024 and ¥0.5 per share in 2023. The amount of dividend per share that Ningbo Gaofa Automotive Control System 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 Gaofa Automotive Control System 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 Gaofa Automotive Control System 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 Gaofa Automotive Control System a dividend stock?
Yes, Ningbo Gaofa Automotive Control System is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ningbo Gaofa Automotive Control System a good dividend stock?
Whether Ningbo Gaofa Automotive Control System 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 Gaofa Automotive Control System has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Ningbo Gaofa Automotive Control System 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 Gaofa Automotive Control System pay dividends monthly?
Ningbo Gaofa Automotive Control System typically pays dividends on a annually basis.
Does Ningbo Gaofa Automotive Control System pay dividends quarterly?
Ningbo Gaofa Automotive Control System currently pays dividends on a annually basis.
Has Ningbo Gaofa Automotive Control System ever paid a dividend?
Yes, Ningbo Gaofa Automotive Control System has a history of paying dividends to its shareholders. Ningbo Gaofa Automotive Control System is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ningbo Gaofa Automotive Control System dividend stocks?
To buy Ningbo Gaofa Automotive Control System 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 Gaofa Automotive Control System 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 Gaofa Automotive Control System pay dividends 2024?
Ningbo Gaofa Automotive Control System pays dividends on a annually basis. 2024 dividend payments are in 2024-05-30. 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 Gaofa Automotive Control System increase its dividend in 2024?
Decisions regarding Ningbo Gaofa Automotive Control System 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 Gaofa Automotive Control System dividend overview you can look into the above table of dividend history.
How Ningbo Gaofa Automotive Control System dividend works?
The Ningbo Gaofa Automotive Control System 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 Gaofa Automotive Control System's dividend process works:
1. Determination of Dividend: Ningbo Gaofa Automotive Control System'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 Gaofa Automotive Control System 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 Gaofa Automotive Control System 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 Gaofa Automotive Control System 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 Gaofa Automotive Control System dividends paid?
Ningbo Gaofa Automotive Control System dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Ningbo Gaofa Automotive Control System 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 Gaofa Automotive Control System 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 Gaofa Automotive Control System 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 Gaofa Automotive Control System pay dividends?
Ningbo Gaofa Automotive Control System 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 Gaofa Automotive Control System pay dividends?
The general pattern is that Ningbo Gaofa Automotive Control System 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 Ningbo Gaofa Automotive Control System dividend safe?
The safety of Ningbo Gaofa Automotive Control System'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 Gaofa Automotive Control System'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 Gaofa Automotive Control System'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.