Ningbo Shuanglin Auto Parts Co.,Ltd. manufactures and sells auto parts in China. It offers automotive interior and exterior trim system parts; wheel hub bearings; precision injection molding products; seat system parts; transmissions; electric drives for new energy vehicles, etc. The company was founded in 2006 and is based in Shanghai, China. Ningbo Shuanglin Auto Parts Co.,Ltd. is a subsidiary of Shuanglin Group Co., Ltd.
Ningbo Shuanglin Auto Parts Dividend Announcement
• Ningbo Shuanglin Auto Parts announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-05-21. Ex dividend date: 2024-05-21 • Ningbo Shuanglin Auto Parts annual dividend for 2024 was ¥0.10 • Ningbo Shuanglin Auto Parts's trailing twelve-month (TTM) dividend yield is 0.48% • Ningbo Shuanglin Auto Parts's payout ratio for the trailing twelve months (TTM) is 20.29%
Ningbo Shuanglin Auto Parts current trailing twelve-month (TTM) dividend yield is 0.48%. Interested in purchasing Ningbo Shuanglin Auto Parts stock? Use our calculator to estimate your expected dividend yield:
Ningbo Shuanglin Auto Parts Financial Ratios
P/E ratio23.99
PEG ratio0.24
P/B ratio3.37
ROE15.07%
Payout ratio20.29%
Current ratio1.22
Quick ratio0.82
Cash Ratio0.15
Ningbo Shuanglin Auto Parts Dividend FAQ
How much is the next Ningbo Shuanglin Auto Parts dividend?
Ningbo Shuanglin Auto Parts'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 Shuanglin Auto Parts dividend. The next Ningbo Shuanglin Auto Parts dividend will be released in .
When is Ningbo Shuanglin Auto Parts dividend paid?
Ningbo Shuanglin Auto Parts 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 Shuanglin Auto Parts pay?
The specific amount of Ningbo Shuanglin Auto Parts 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 Shuanglin Auto Parts's dividend history.
Does Ningbo Shuanglin Auto Parts stock pay dividends?
Yes, Ningbo Shuanglin Auto Parts 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 Shuanglin Auto Parts's dividend history.
How much dividend does Ningbo Shuanglin Auto Parts pay?
Ningbo Shuanglin Auto Parts paid ¥0.1 in 2024, ¥0.0 in 2023, ¥0.7 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Ningbo Shuanglin Auto Parts pay dividends?
Ningbo Shuanglin Auto Parts 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 Shuanglin Auto Parts's dividend yield?
The current dividend yield for Ningbo Shuanglin Auto Parts is 0.48%. 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 Shuanglin Auto Parts's exact dividend yield.
When does Ningbo Shuanglin Auto Parts go ex dividend?
Ningbo Shuanglin Auto Parts's ex-dividend date for the latest dividend was on 2024-05-21. Ningbo Shuanglin Auto Parts 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 Shuanglin Auto Parts dividend paid?
Ningbo Shuanglin Auto Parts pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Ningbo Shuanglin Auto Parts 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 Shuanglin Auto Parts 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 Shuanglin Auto Parts dividend per share?
Ningbo Shuanglin Auto Parts paid ¥0.1 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Ningbo Shuanglin Auto Parts 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 Shuanglin Auto Parts 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 Shuanglin Auto Parts 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 Shuanglin Auto Parts a dividend stock?
Yes, Ningbo Shuanglin Auto Parts is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ningbo Shuanglin Auto Parts a good dividend stock?
Whether Ningbo Shuanglin Auto Parts 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 Shuanglin Auto Parts has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Ningbo Shuanglin Auto Parts 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 Shuanglin Auto Parts pay dividends monthly?
Ningbo Shuanglin Auto Parts typically pays dividends on a annually basis.
Does Ningbo Shuanglin Auto Parts pay dividends quarterly?
Ningbo Shuanglin Auto Parts currently pays dividends on a annually basis.
Has Ningbo Shuanglin Auto Parts ever paid a dividend?
Yes, Ningbo Shuanglin Auto Parts has a history of paying dividends to its shareholders. Ningbo Shuanglin Auto Parts is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ningbo Shuanglin Auto Parts dividend stocks?
To buy Ningbo Shuanglin Auto Parts 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 Shuanglin Auto Parts 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 Shuanglin Auto Parts pay dividends 2024?
Ningbo Shuanglin Auto Parts pays dividends on a annually basis. 2024 dividend payments are in 2024-05-21. 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 Shuanglin Auto Parts increase its dividend in 2024?
Decisions regarding Ningbo Shuanglin Auto Parts 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 Shuanglin Auto Parts dividend overview you can look into the above table of dividend history.
How Ningbo Shuanglin Auto Parts dividend works?
The Ningbo Shuanglin Auto Parts 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 Shuanglin Auto Parts's dividend process works:
1. Determination of Dividend: Ningbo Shuanglin Auto Parts'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 Shuanglin Auto Parts 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 Shuanglin Auto Parts 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 Shuanglin Auto Parts 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 Shuanglin Auto Parts dividends paid?
Ningbo Shuanglin Auto Parts dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Ningbo Shuanglin Auto Parts 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 Shuanglin Auto Parts 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 Shuanglin Auto Parts 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 Shuanglin Auto Parts pay dividends?
Ningbo Shuanglin Auto Parts 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 Shuanglin Auto Parts pay dividends?
The general pattern is that Ningbo Shuanglin Auto Parts 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 Shuanglin Auto Parts dividend safe?
The safety of Ningbo Shuanglin Auto Parts'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 Shuanglin Auto Parts'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 Shuanglin Auto Parts'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.