Ningbo Yong Xin Optics Co., Ltd. manufactures and sells precision optical instruments and components in China. It offers optical microscopes and optical components used for various applications in optical and electronic products, such as bar-code scanners, motion optics, automotive driving, high-end cameras, HD projection, teaching, life sciences, semiconductors, etc. The company offers its products under the NOVEL, JIANGNAN, and NEXCOPE brands. It also exports its products to approximately 80 countries. The company was formerly known as Ningbo Yongxin Optical Instrument Co., Ltd. and changed its name to Ningbo Yong Xin Optics Co., Ltd. in 2000. Ningbo Yong Xin Optics Co., Ltd. was founded in 1997 and is based in Ningbo, China.
Ningbo Yongxin Optics Dividend Announcement
• Ningbo Yongxin Optics announced a annually dividend of ¥0.95 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06 • Ningbo Yongxin Optics annual dividend for 2024 was ¥0.95 • Ningbo Yongxin Optics annual dividend for 2023 was ¥0.96 • Ningbo Yongxin Optics's trailing twelve-month (TTM) dividend yield is 0.9% • Ningbo Yongxin Optics's payout ratio for the trailing twelve months (TTM) is 53.60%
Ningbo Yongxin Optics current trailing twelve-month (TTM) dividend yield is 0.9%. Interested in purchasing Ningbo Yongxin Optics stock? Use our calculator to estimate your expected dividend yield:
Ningbo Yongxin Optics Financial Ratios
P/E ratio54.44
PEG ratio1.42
P/B ratio5.91
ROE10.99%
Payout ratio53.60%
Current ratio4.40
Quick ratio3.82
Cash Ratio2.18
Ningbo Yongxin Optics Dividend FAQ
How much is the next Ningbo Yongxin Optics dividend?
Ningbo Yongxin Optics'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 Yongxin Optics dividend. The next Ningbo Yongxin Optics dividend will be released in May.
When is Ningbo Yongxin Optics dividend paid?
Ningbo Yongxin Optics pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Yongxin Optics pay?
The specific amount of Ningbo Yongxin Optics 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 Yongxin Optics's dividend history.
Does Ningbo Yongxin Optics stock pay dividends?
Yes, Ningbo Yongxin Optics 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 Yongxin Optics's dividend history.
How much dividend does Ningbo Yongxin Optics pay?
Ningbo Yongxin Optics paid ¥0.955 in 2024, ¥0.96 in 2023, ¥0.9 in 2022, ¥0.53 in 2021, and ¥0.44 in 2020.
How often does Ningbo Yongxin Optics pay dividends?
Ningbo Yongxin Optics 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 May.
What is Ningbo Yongxin Optics's dividend yield?
The current dividend yield for Ningbo Yongxin Optics is 0.9%. 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 Yongxin Optics's exact dividend yield.
When does Ningbo Yongxin Optics go ex dividend?
Ningbo Yongxin Optics's ex-dividend date for the latest dividend was on 2024-06-06. Ningbo Yongxin Optics 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 Yongxin Optics dividend paid?
Ningbo Yongxin Optics pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Ningbo Yongxin Optics 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 Yongxin Optics 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 Yongxin Optics dividend per share?
Ningbo Yongxin Optics paid ¥0.955 per share in 2024 and ¥0.96 per share in 2023. The amount of dividend per share that Ningbo Yongxin Optics 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 Yongxin Optics 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 Yongxin Optics 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 Yongxin Optics a dividend stock?
Yes, Ningbo Yongxin Optics is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ningbo Yongxin Optics a good dividend stock?
Whether Ningbo Yongxin Optics 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 Yongxin Optics has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Ningbo Yongxin Optics 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 Yongxin Optics pay dividends monthly?
Ningbo Yongxin Optics typically pays dividends on a annually basis.
Does Ningbo Yongxin Optics pay dividends quarterly?
Ningbo Yongxin Optics currently pays dividends on a annually basis.
Has Ningbo Yongxin Optics ever paid a dividend?
Yes, Ningbo Yongxin Optics has a history of paying dividends to its shareholders. Ningbo Yongxin Optics is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ningbo Yongxin Optics dividend stocks?
To buy Ningbo Yongxin Optics 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 Yongxin Optics 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 Yongxin Optics pay dividends 2024?
Ningbo Yongxin Optics pays dividends on a annually basis. 2024 dividend payments are in 2024-06-06. 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 Yongxin Optics increase its dividend in 2024?
Decisions regarding Ningbo Yongxin Optics 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 Yongxin Optics dividend overview you can look into the above table of dividend history.
How Ningbo Yongxin Optics dividend works?
The Ningbo Yongxin Optics 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 Yongxin Optics's dividend process works:
1. Determination of Dividend: Ningbo Yongxin Optics'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 Yongxin Optics 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 Yongxin Optics 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 Yongxin Optics 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 Yongxin Optics dividends paid?
Ningbo Yongxin Optics dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Ningbo Yongxin Optics 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 Yongxin Optics 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 Yongxin Optics 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 Yongxin Optics pay dividends?
Ningbo Yongxin Optics 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 Yongxin Optics pay dividends?
The general pattern is that Ningbo Yongxin Optics pays dividends around May. 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 Yongxin Optics dividend safe?
The safety of Ningbo Yongxin Optics'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 Yongxin Optics'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 Yongxin Optics'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.