Ningbo Shenglong Automotive Powertrain System CO.,Ltd. engages in the research and development, production, and sale of automotive power system components in China and internationally. Its products include engine oil pumps, transmission oil pumps, transfer case oil pumps, vacuum pumps, and other pump products; casting, forged, and assembled camshafts; and other transmission components. The company is headquartered in Ningbo, China. Ningbo Shenglong Automotive Powertrain System CO.,Ltd. is a subsidiary of Ningbo Shenglong Group Co., Ltd.
Ningbo Shenglong Automotive Powertrain System Dividend Announcement
• Ningbo Shenglong Automotive Powertrain System announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-06-14. Ex dividend date: 2024-06-14 • Ningbo Shenglong Automotive Powertrain System annual dividend for 2024 was ¥0.07 • Ningbo Shenglong Automotive Powertrain System annual dividend for 2023 was ¥0.12 • Ningbo Shenglong Automotive Powertrain System's trailing twelve-month (TTM) dividend yield is 0.31% • Ningbo Shenglong Automotive Powertrain System's payout ratio for the trailing twelve months (TTM) is 196.75%
Ningbo Shenglong Automotive Powertrain System Dividend History
Ningbo Shenglong Automotive Powertrain System Dividend per year
Ningbo Shenglong Automotive Powertrain System Dividend growth
Ningbo Shenglong Automotive Powertrain System Dividend Yield
Ningbo Shenglong Automotive Powertrain System current trailing twelve-month (TTM) dividend yield is 0.31%. Interested in purchasing Ningbo Shenglong Automotive Powertrain System stock? Use our calculator to estimate your expected dividend yield:
Ningbo Shenglong Automotive Powertrain System Financial Ratios
P/E ratio212.05
PEG ratio29.20
P/B ratio4.14
ROE1.94%
Payout ratio196.75%
Current ratio1.14
Quick ratio0.89
Cash Ratio0.28
Ningbo Shenglong Automotive Powertrain System Dividend FAQ
How much is the next Ningbo Shenglong Automotive Powertrain System dividend?
Ningbo Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain System dividend. The next Ningbo Shenglong Automotive Powertrain System dividend will be released in July.
When is Ningbo Shenglong Automotive Powertrain System dividend paid?
Ningbo Shenglong Automotive Powertrain System 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 Shenglong Automotive Powertrain System pay?
The specific amount of Ningbo Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain System's dividend history.
Does Ningbo Shenglong Automotive Powertrain System stock pay dividends?
Yes, Ningbo Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain System's dividend history.
How much dividend does Ningbo Shenglong Automotive Powertrain System pay?
Ningbo Shenglong Automotive Powertrain System paid ¥0.07 in 2024, ¥0.12 in 2023, ¥0.135 in 2022, ¥0.085 in 2021, and ¥0.0 in 2020.
How often does Ningbo Shenglong Automotive Powertrain System pay dividends?
Ningbo Shenglong Automotive Powertrain 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 July.
What is Ningbo Shenglong Automotive Powertrain System's dividend yield?
The current dividend yield for Ningbo Shenglong Automotive Powertrain System is 0.31%. 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 Shenglong Automotive Powertrain System's exact dividend yield.
When does Ningbo Shenglong Automotive Powertrain System go ex dividend?
Ningbo Shenglong Automotive Powertrain System's ex-dividend date for the latest dividend was on 2024-06-14. Ningbo Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain System dividend paid?
Ningbo Shenglong Automotive Powertrain System pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Ningbo Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain System dividend per share?
Ningbo Shenglong Automotive Powertrain System paid ¥0.07 per share in 2024 and ¥0.12 per share in 2023. The amount of dividend per share that Ningbo Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain System a dividend stock?
Yes, Ningbo Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain System a good dividend stock?
Whether Ningbo Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain System has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Ningbo Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain System pay dividends monthly?
Ningbo Shenglong Automotive Powertrain System typically pays dividends on a annually basis.
Does Ningbo Shenglong Automotive Powertrain System pay dividends quarterly?
Ningbo Shenglong Automotive Powertrain System currently pays dividends on a annually basis.
Has Ningbo Shenglong Automotive Powertrain System ever paid a dividend?
Yes, Ningbo Shenglong Automotive Powertrain System has a history of paying dividends to its shareholders. Ningbo Shenglong Automotive Powertrain System is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ningbo Shenglong Automotive Powertrain System dividend stocks?
To buy Ningbo Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain System pay dividends 2024?
Ningbo Shenglong Automotive Powertrain System pays dividends on a annually basis. 2024 dividend payments are in 2024-06-14. 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 Shenglong Automotive Powertrain System increase its dividend in 2024?
Decisions regarding Ningbo Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain System dividend overview you can look into the above table of dividend history.
How Ningbo Shenglong Automotive Powertrain System dividend works?
The Ningbo Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain System's dividend process works:
1. Determination of Dividend: Ningbo Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain System dividends paid?
Ningbo Shenglong Automotive Powertrain System dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Ningbo Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain System pay dividends?
Ningbo Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain System pay dividends?
The general pattern is that Ningbo Shenglong Automotive Powertrain System 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 Shenglong Automotive Powertrain System dividend safe?
The safety of Ningbo Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain 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 Shenglong Automotive Powertrain 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.