Ningbo Yunsheng Co., Ltd. engages in the research and development, manufacture, and sale of rare earth permanent magnet materials in China. It provides sintered and bonded NdFeB magnets; servo motors; and magnetic assemblies, including rare earth permanent magnet radiation rings, flat rotor assemblies, laminated steel assemblies, permanent magnet rotor assemblies, and high-speed precision rotor assemblies. The company's products are used in electronic information, industrial equipment, automotive, medical, and other fields. It also exports its products to Europe, the United States, and Southeast Asian countries. The company was incorporated in 1994 and is based in Ningbo, China.
Ningbo Yunsheng Dividend Announcement
• Ningbo Yunsheng announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-07-12
• Ningbo Yunsheng annual dividend for 2024 was ¥0.05
• Ningbo Yunsheng annual dividend for 2023 was ¥0.10
• Ningbo Yunsheng's trailing twelve-month (TTM) dividend yield is 0.67%
• Ningbo Yunsheng's payout ratio for the trailing twelve months (TTM) is 75.39%
• Ningbo Yunsheng's dividend growth over the last five years (2018-2023) was -19.73% year
• Ningbo Yunsheng's dividend growth over the last ten years (2013-2023) was -10.40% year
Ningbo Yunsheng Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-12 | ¥0.05 | annually | 2024-07-12 |
2023-07-07 | ¥0.10 | annually | 2023-07-07 |
2022-06-08 | ¥0.10 | annually | 2022-06-08 |
2021-06-25 | ¥0.10 | annually | 2021-06-25 |
2020-07-08 | ¥0.04 | annually | 2020-07-08 |
2019-07-15 | ¥0.10 | annually | 2019-07-15 |
2018-05-23 | ¥0.30 | annually | 2018-05-23 |
2017-06-07 | ¥0.20 | annually | 2017-06-07 |
2016-05-09 | ¥0.20 | annually | |
2015-04-28 | ¥0.20 | annually | |
2014-06-17 | ¥0.15 | annually | |
2013-07-04 | ¥0.30 | annually |
Ningbo Yunsheng Dividend per year
Ningbo Yunsheng Dividend growth
Ningbo Yunsheng Dividend Yield
Ningbo Yunsheng current trailing twelve-month (TTM) dividend yield is 0.67%. Interested in purchasing Ningbo Yunsheng stock? Use our calculator to estimate your expected dividend yield:
Ningbo Yunsheng Financial Ratios
Ningbo Yunsheng Dividend FAQ
Other factors to consider when evaluating Ningbo Yunsheng 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.
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1. Determination of Dividend: Ningbo Yunsheng'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 Yunsheng 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 Yunsheng 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 Yunsheng 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.
1. Record Date: Ningbo Yunsheng 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 Yunsheng 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 Yunsheng 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.
To assess the safety of Ningbo Yunsheng'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 Yunsheng'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.