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Ningbo Marine Company Limited, a shipping company, provides marine transportation services in China. It operates in two segments, the Shipping and Transportation; and the Highway Operations. The company is involved in the international and domestic dry bulk transportation; general cargo transportation; repair of ships and auxiliary machinery; transshipment and intermodal transportation of goods at sea; retailing; domestic labor service; house leasing; property management; and industrial investment activities. It also engages in the operation of toll road. The company is based in Ningbo, China. Ningbo Marine Company Limited is a subsidiary of Zhejiang Provincial Energy Group Company Ltd.

Ningbo Marine Dividend Announcement

Ningbo Marine announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2024-06-21. Ex dividend date: 2024-06-21
Ningbo Marine annual dividend for 2024 was ¥0.03
Ningbo Marine annual dividend for 2023 was ¥0.03
Ningbo Marine's trailing twelve-month (TTM) dividend yield is 0.97%
Ningbo Marine's payout ratio for the trailing twelve months (TTM) is -468.84%
Ningbo Marine's dividend growth over the last five years (2018-2023) was -9.71% year

Ningbo Marine Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-21¥0.03annually2024-06-21
2023-07-13¥0.03annually2023-07-13
2022-07-15¥0.08annually2022-07-15
2021-06-11¥0.06annually2021-06-11
2020-05-19¥0.06annually2020-05-19
2019-05-24¥0.06annually2019-05-24
2018-05-23¥0.05annually2018-05-23
2017-05-26¥0.03annually2017-05-26
2016-05-27¥0.01annually
2015-05-29¥0.01annually
2014-05-27¥0.01annually
2012-05-22¥0.03annually

Ningbo Marine Dividend per year

Ningbo Marine Dividend growth

Ningbo Marine Dividend Yield

Ningbo Marine current trailing twelve-month (TTM) dividend yield is 0.97%. Interested in purchasing Ningbo Marine stock? Use our calculator to estimate your expected dividend yield:

Ningbo Marine Financial Ratios

P/E ratio-191.60
PEG ratio-1.92
P/B ratio0.94
ROE-0.49%
Payout ratio-468.84%
Current ratio1.65
Quick ratio1.54
Cash Ratio0.81

Ningbo Marine Dividend FAQ

How much is the next Ningbo Marine dividend?
Ningbo Marine'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 Marine dividend. The next Ningbo Marine dividend will be released in July.
When is Ningbo Marine dividend paid?
Ningbo Marine pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Marine pay?
The specific amount of Ningbo Marine 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 Marine's dividend history.
Does Ningbo Marine stock pay dividends?
Yes, Ningbo Marine 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 Marine's dividend history.
How much dividend does Ningbo Marine pay?
Ningbo Marine paid ¥0.03 in 2024, ¥0.03 in 2023, ¥0.08 in 2022, ¥0.06 in 2021, and ¥0.06 in 2020.
How often does Ningbo Marine pay dividends?
Ningbo Marine 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 July.
What is Ningbo Marine's dividend yield?
The current dividend yield for Ningbo Marine is 0.97%. 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 Marine's exact dividend yield.
When does Ningbo Marine go ex dividend?
Ningbo Marine's ex-dividend date for the latest dividend was on 2024-06-21. Ningbo Marine 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 Marine dividend paid?
Ningbo Marine pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Ningbo Marine 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 Marine 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 Marine dividend per share?
Ningbo Marine paid ¥0.03 per share in 2024 and ¥0.03 per share in 2023. The amount of dividend per share that Ningbo Marine 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 Marine 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 Marine 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 Marine a dividend stock?
Yes, Ningbo Marine is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ningbo Marine a good dividend stock?
Whether Ningbo Marine 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 Marine has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Ningbo Marine 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 Marine pay dividends monthly?
Ningbo Marine typically pays dividends on a annually basis.
Does Ningbo Marine pay dividends quarterly?
Ningbo Marine currently pays dividends on a annually basis.
Has Ningbo Marine ever paid a dividend?
Yes, Ningbo Marine has a history of paying dividends to its shareholders. Ningbo Marine is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ningbo Marine dividend stocks?
To buy Ningbo Marine 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 Marine 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 Marine pay dividends 2024?
Ningbo Marine pays dividends on a annually basis. 2024 dividend payments are in 2024-06-21. 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 Marine increase its dividend in 2024?
Decisions regarding Ningbo Marine 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 Marine dividend overview you can look into the above table of dividend history.
How Ningbo Marine dividend works?
The Ningbo Marine 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 Marine's dividend process works:

1. Determination of Dividend: Ningbo Marine'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 Marine 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 Marine 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 Marine 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 Marine dividends paid?
Ningbo Marine dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Ningbo Marine 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 Marine 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 Marine 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 Marine pay dividends?
Ningbo Marine 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 Marine pay dividends?
The general pattern is that Ningbo Marine pays dividends around July. 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 Marine dividend safe?
The safety of Ningbo Marine'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 Marine'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 Marine'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.