Ningbo Xusheng Auto Technology Co., Ltd. engages in the research and development, production, and sale of aluminum alloy die-casting, forging, and extrusion precision auto parts and industrial parts. The company offers precision machining parts for systems, such as transmission, battery, and suspension systems for energy vehicles; and aluminum alloy products of automobile power systems, chassis systems, control systems, suspension systems etc. It also provides battery packs and motor housings. The company was formerly known as Ningbo Xusheng Machinery Co., Ltd. and changed its name to Ningbo Xusheng Auto Technology Co., Ltd. in August 2015. Ningbo Xusheng Auto Technology Co., Ltd. was founded in 2003 and is headquartered in Ningbo, China.
Ningbo Xusheng Auto Technology Dividend Announcement
• Ningbo Xusheng Auto Technology announced a annually dividend of ¥0.23 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-30 • Ningbo Xusheng Auto Technology annual dividend for 2024 was ¥0.23 • Ningbo Xusheng Auto Technology annual dividend for 2023 was ¥0.17 • Ningbo Xusheng Auto Technology's trailing twelve-month (TTM) dividend yield is 1.77% • Ningbo Xusheng Auto Technology's payout ratio for the trailing twelve months (TTM) is 55.98%
Ningbo Xusheng Auto Technology current trailing twelve-month (TTM) dividend yield is 1.77%. Interested in purchasing Ningbo Xusheng Auto Technology stock? Use our calculator to estimate your expected dividend yield:
Ningbo Xusheng Auto Technology Financial Ratios
P/E ratio25.69
PEG ratio2.89
P/B ratio1.85
ROE7.35%
Payout ratio55.98%
Current ratio2.49
Quick ratio2.16
Cash Ratio1.38
Ningbo Xusheng Auto Technology Dividend FAQ
How much is the next Ningbo Xusheng Auto Technology dividend?
Ningbo Xusheng Auto 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 Xusheng Auto Technology dividend. The next Ningbo Xusheng Auto Technology dividend will be released in April.
When is Ningbo Xusheng Auto Technology dividend paid?
Ningbo Xusheng Auto Technology pays dividends on a annually basis. The specific dates may vary each year but are generally around April. 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 Xusheng Auto Technology pay?
The specific amount of Ningbo Xusheng Auto 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 Xusheng Auto Technology's dividend history.
Does Ningbo Xusheng Auto Technology stock pay dividends?
Yes, Ningbo Xusheng Auto 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 Xusheng Auto Technology's dividend history.
How much dividend does Ningbo Xusheng Auto Technology pay?
Ningbo Xusheng Auto Technology paid ¥0.23 in 2024, ¥0.168 in 2023, ¥0.168 in 2022, ¥0.33 in 2021, and ¥0.0 in 2020.
How often does Ningbo Xusheng Auto Technology pay dividends?
Ningbo Xusheng Auto 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 April.
What is Ningbo Xusheng Auto Technology's dividend yield?
The current dividend yield for Ningbo Xusheng Auto Technology is 1.77%. 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 Xusheng Auto Technology's exact dividend yield.
When does Ningbo Xusheng Auto Technology go ex dividend?
Ningbo Xusheng Auto Technology's ex-dividend date for the latest dividend was on 2024-05-30. Ningbo Xusheng Auto 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 Xusheng Auto Technology dividend paid?
Ningbo Xusheng Auto Technology pays dividends on a annually basis, typically around April, but the exact dates can vary each year.
Will Ningbo Xusheng Auto 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 Xusheng Auto 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 Xusheng Auto Technology dividend per share?
Ningbo Xusheng Auto Technology paid ¥0.23 per share in 2024 and ¥0.168 per share in 2023. The amount of dividend per share that Ningbo Xusheng Auto 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 Xusheng Auto 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 Xusheng Auto 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 Xusheng Auto Technology a dividend stock?
Yes, Ningbo Xusheng Auto 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 Xusheng Auto Technology a good dividend stock?
Whether Ningbo Xusheng Auto 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 Xusheng Auto Technology has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Ningbo Xusheng Auto 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 Xusheng Auto Technology pay dividends monthly?
Ningbo Xusheng Auto Technology typically pays dividends on a annually basis.
Does Ningbo Xusheng Auto Technology pay dividends quarterly?
Ningbo Xusheng Auto Technology currently pays dividends on a annually basis.
Has Ningbo Xusheng Auto Technology ever paid a dividend?
Yes, Ningbo Xusheng Auto Technology has a history of paying dividends to its shareholders. Ningbo Xusheng Auto Technology is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ningbo Xusheng Auto Technology dividend stocks?
To buy Ningbo Xusheng Auto 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 Xusheng Auto 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 Xusheng Auto Technology pay dividends 2024?
Ningbo Xusheng Auto Technology pays dividends on a annually basis. 2024 dividend payments are in 2024-05-30. 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 Xusheng Auto Technology increase its dividend in 2024?
Decisions regarding Ningbo Xusheng Auto 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 Xusheng Auto Technology dividend overview you can look into the above table of dividend history.
How Ningbo Xusheng Auto Technology dividend works?
The Ningbo Xusheng Auto 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 Xusheng Auto Technology's dividend process works:
1. Determination of Dividend: Ningbo Xusheng Auto 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 Xusheng Auto 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 Xusheng Auto 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 Xusheng Auto 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 Xusheng Auto Technology dividends paid?
Ningbo Xusheng Auto Technology dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Ningbo Xusheng Auto 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 Xusheng Auto 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 Xusheng Auto 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 Xusheng Auto Technology pay dividends?
Ningbo Xusheng Auto 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 Xusheng Auto Technology pay dividends?
The general pattern is that Ningbo Xusheng Auto Technology pays dividends around April. 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 Xusheng Auto Technology dividend safe?
The safety of Ningbo Xusheng Auto 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 Xusheng Auto 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 Xusheng Auto 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.