Ningbo TIP Rubber Technology Co., Ltd focuses on the research and development, production, and sale of automotive high polymers fluid pipeline systems, and sealing system parts and assemblies. Its products include water hoses, fuel hoses, moulded parts, assemblies, rubber compounds, metal processing/plastic parts, and hydraulic hoses. The company was founded in 2009 and is based in Ninghai, China.
Ningbo TIP Rubber Technology Dividend Announcement
• Ningbo TIP Rubber Technology announced a annually dividend of ¥0.22 per ordinary share which will be made payable on 2024-06-05. Ex dividend date: 2024-06-05 • Ningbo TIP Rubber Technology annual dividend for 2024 was ¥0.22 • Ningbo TIP Rubber Technology annual dividend for 2023 was ¥0.22 • Ningbo TIP Rubber Technology 's trailing twelve-month (TTM) dividend yield is 1.73% • Ningbo TIP Rubber Technology 's payout ratio for the trailing twelve months (TTM) is 344.23%
Ningbo TIP Rubber Technology current trailing twelve-month (TTM) dividend yield is 1.73%. Interested in purchasing Ningbo TIP Rubber Technology stock? Use our calculator to estimate your expected dividend yield:
Ningbo TIP Rubber Technology Financial Ratios
P/E ratio66.62
PEG ratio1.06
P/B ratio2.06
ROE3.06%
Payout ratio344.23%
Current ratio7.08
Quick ratio5.78
Cash Ratio1.85
Ningbo TIP Rubber Technology Dividend FAQ
How much is the next Ningbo TIP Rubber Technology dividend?
Ningbo TIP Rubber Technology '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 TIP Rubber Technology dividend. The next Ningbo TIP Rubber Technology dividend will be released in June.
When is Ningbo TIP Rubber Technology dividend paid?
Ningbo TIP Rubber Technology 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 TIP Rubber Technology pay?
The specific amount of Ningbo TIP Rubber Technology 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 TIP Rubber Technology 's dividend history.
Does Ningbo TIP Rubber Technology stock pay dividends?
Yes, Ningbo TIP Rubber Technology 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 TIP Rubber Technology 's dividend history.
How much dividend does Ningbo TIP Rubber Technology pay?
Ningbo TIP Rubber Technology paid ¥0.22 in 2024, ¥0.22 in 2023, ¥0.445 in 2022, ¥0.745 in 2021, and ¥0.0 in 2020.
How often does Ningbo TIP Rubber Technology pay dividends?
Ningbo TIP Rubber Technology 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 TIP Rubber Technology 's dividend yield?
The current dividend yield for Ningbo TIP Rubber Technology is 1.73%. 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 TIP Rubber Technology 's exact dividend yield.
When does Ningbo TIP Rubber Technology go ex dividend?
Ningbo TIP Rubber Technology 's ex-dividend date for the latest dividend was on 2024-06-05. Ningbo TIP Rubber Technology 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 TIP Rubber Technology dividend paid?
Ningbo TIP Rubber Technology pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Ningbo TIP Rubber Technology 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 TIP Rubber Technology 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 TIP Rubber Technology dividend per share?
Ningbo TIP Rubber Technology paid ¥0.22 per share in 2024 and ¥0.22 per share in 2023. The amount of dividend per share that Ningbo TIP Rubber Technology 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 TIP Rubber Technology 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 TIP Rubber Technology 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 TIP Rubber Technology a dividend stock?
Yes, Ningbo TIP Rubber Technology is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ningbo TIP Rubber Technology a good dividend stock?
Whether Ningbo TIP Rubber Technology 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 TIP Rubber Technology has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Ningbo TIP Rubber Technology 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 TIP Rubber Technology pay dividends monthly?
Ningbo TIP Rubber Technology typically pays dividends on a annually basis.
Does Ningbo TIP Rubber Technology pay dividends quarterly?
Ningbo TIP Rubber Technology currently pays dividends on a annually basis.
Has Ningbo TIP Rubber Technology ever paid a dividend?
Yes, Ningbo TIP Rubber Technology has a history of paying dividends to its shareholders. Ningbo TIP Rubber Technology is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ningbo TIP Rubber Technology dividend stocks?
To buy Ningbo TIP Rubber Technology 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 TIP Rubber Technology 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 TIP Rubber Technology pay dividends 2024?
Ningbo TIP Rubber Technology pays dividends on a annually basis. 2024 dividend payments are in 2024-06-05. 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 TIP Rubber Technology increase its dividend in 2024?
Decisions regarding Ningbo TIP Rubber Technology 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 TIP Rubber Technology dividend overview you can look into the above table of dividend history.
How Ningbo TIP Rubber Technology dividend works?
The Ningbo TIP Rubber Technology 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 TIP Rubber Technology 's dividend process works:
1. Determination of Dividend: Ningbo TIP Rubber Technology '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 TIP Rubber Technology 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 TIP Rubber Technology 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 TIP Rubber Technology 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 TIP Rubber Technology dividends paid?
Ningbo TIP Rubber Technology dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Ningbo TIP Rubber Technology 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 TIP Rubber Technology 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 TIP Rubber Technology 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 TIP Rubber Technology pay dividends?
Ningbo TIP Rubber Technology 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 TIP Rubber Technology pay dividends?
The general pattern is that Ningbo TIP Rubber Technology 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 TIP Rubber Technology dividend safe?
The safety of Ningbo TIP Rubber Technology '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 TIP Rubber Technology '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 TIP Rubber Technology '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.