Ningbo Water Meter (Group) Co., LTD. manufactures and sells water meters in China and internationally. The company offers multi and single-jet, volumetric rotary piston, woltmann, ultrasonic, AWWA standard, and batch control water meters; heat, oscillating, pre-payment, and electronic magnetic flow meters; test bench products; and water meter boxes, as well as spare parts for water meters. It also provides water management solutions for domestic, industrial, and irrigative uses. The company was founded in 1958 and is based in Ningbo, China.
Ningbo Water Meter Dividend Announcement
• Ningbo Water Meter announced a annually dividend of ¥0.30 per ordinary share which will be made payable on 2024-06-21. Ex dividend date: 2024-06-21 • Ningbo Water Meter annual dividend for 2024 was ¥0.30 • Ningbo Water Meter annual dividend for 2023 was ¥0.30 • Ningbo Water Meter's trailing twelve-month (TTM) dividend yield is 2.93% • Ningbo Water Meter's payout ratio for the trailing twelve months (TTM) is 140.04%
Ningbo Water Meter current trailing twelve-month (TTM) dividend yield is 2.93%. Interested in purchasing Ningbo Water Meter stock? Use our calculator to estimate your expected dividend yield:
Ningbo Water Meter Financial Ratios
P/E ratio23.91
PEG ratio-9.68
P/B ratio1.27
ROE5.33%
Payout ratio140.04%
Current ratio2.47
Quick ratio1.80
Cash Ratio0.32
Ningbo Water Meter Dividend FAQ
How much is the next Ningbo Water Meter dividend?
Ningbo Water Meter'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 Water Meter dividend. The next Ningbo Water Meter dividend will be released in June.
When is Ningbo Water Meter dividend paid?
Ningbo Water Meter 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 Water Meter pay?
The specific amount of Ningbo Water Meter 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 Water Meter's dividend history.
Does Ningbo Water Meter stock pay dividends?
Yes, Ningbo Water Meter 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 Water Meter's dividend history.
How much dividend does Ningbo Water Meter pay?
Ningbo Water Meter paid ¥0.3 in 2024, ¥0.3 in 2023, ¥0.8 in 2022, ¥0.4 in 2021, and ¥0.231 in 2020.
How often does Ningbo Water Meter pay dividends?
Ningbo Water Meter 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 Water Meter's dividend yield?
The current dividend yield for Ningbo Water Meter is 2.93%. 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 Water Meter's exact dividend yield.
When does Ningbo Water Meter go ex dividend?
Ningbo Water Meter's ex-dividend date for the latest dividend was on 2024-06-21. Ningbo Water Meter 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 Water Meter dividend paid?
Ningbo Water Meter pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Ningbo Water Meter 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 Water Meter 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 Water Meter dividend per share?
Ningbo Water Meter paid ¥0.3 per share in 2024 and ¥0.3 per share in 2023. The amount of dividend per share that Ningbo Water Meter 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 Water Meter 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 Water Meter 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 Water Meter a dividend stock?
Yes, Ningbo Water Meter is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ningbo Water Meter a good dividend stock?
Whether Ningbo Water Meter 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 Water Meter has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Ningbo Water Meter 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 Water Meter pay dividends monthly?
Ningbo Water Meter typically pays dividends on a annually basis.
Does Ningbo Water Meter pay dividends quarterly?
Ningbo Water Meter currently pays dividends on a annually basis.
Has Ningbo Water Meter ever paid a dividend?
Yes, Ningbo Water Meter has a history of paying dividends to its shareholders. Ningbo Water Meter is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ningbo Water Meter dividend stocks?
To buy Ningbo Water Meter 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 Water Meter 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 Water Meter pay dividends 2024?
Ningbo Water Meter 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 Water Meter increase its dividend in 2024?
Decisions regarding Ningbo Water Meter 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 Water Meter dividend overview you can look into the above table of dividend history.
How Ningbo Water Meter dividend works?
The Ningbo Water Meter 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 Water Meter's dividend process works:
1. Determination of Dividend: Ningbo Water Meter'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 Water Meter 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 Water Meter 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 Water Meter 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 Water Meter dividends paid?
Ningbo Water Meter dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Ningbo Water Meter 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 Water Meter 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 Water Meter 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 Water Meter pay dividends?
Ningbo Water Meter 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 Water Meter pay dividends?
The general pattern is that Ningbo Water Meter 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 Water Meter dividend safe?
The safety of Ningbo Water Meter'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 Water Meter'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 Water Meter'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.