Ningbo Zhongbai Co., Ltd. primarily operates department stores. The company provides dry aquatic and seafood products; and real estate development, house leasing, property management, and related property services. It also specializes in cotton, silk and satin, woolen, and garment processing activities. The company was formerly known as Hit. Shouchuang Technology Co., Ltd. and changed its name to Ningbo Zhongbai Co., Ltd. in May 2015. Ningbo Zhongbai Co., Ltd. was founded in 1992 and is based in Ningbo, China.
Ningbo Zhongbai Dividend Announcement
• Ningbo Zhongbai announced a annually dividend of ¥0.09 per ordinary share which will be made payable on 2024-06-14. Ex dividend date: 2024-06-14 • Ningbo Zhongbai annual dividend for 2024 was ¥0.09 • Ningbo Zhongbai annual dividend for 2023 was ¥0.04 • Ningbo Zhongbai's trailing twelve-month (TTM) dividend yield is 1.26% • Ningbo Zhongbai's payout ratio for the trailing twelve months (TTM) is -164.83%
Ningbo Zhongbai current trailing twelve-month (TTM) dividend yield is 1.26%. Interested in purchasing Ningbo Zhongbai stock? Use our calculator to estimate your expected dividend yield:
Ningbo Zhongbai Financial Ratios
P/E ratio-85.71
PEG ratio-1.83
P/B ratio1.80
ROE-2.11%
Payout ratio-164.83%
Current ratio4.75
Quick ratio4.48
Cash Ratio3.87
Ningbo Zhongbai Dividend FAQ
How much is the next Ningbo Zhongbai dividend?
Ningbo Zhongbai'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 Zhongbai dividend. The next Ningbo Zhongbai dividend will be released in June.
When is Ningbo Zhongbai dividend paid?
Ningbo Zhongbai 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 Zhongbai pay?
The specific amount of Ningbo Zhongbai 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 Zhongbai's dividend history.
Does Ningbo Zhongbai stock pay dividends?
Yes, Ningbo Zhongbai 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 Zhongbai's dividend history.
How much dividend does Ningbo Zhongbai pay?
Ningbo Zhongbai paid ¥0.085 in 2024, ¥0.045 in 2023, ¥0.0 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Ningbo Zhongbai pay dividends?
Ningbo Zhongbai 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 Zhongbai's dividend yield?
The current dividend yield for Ningbo Zhongbai is 1.26%. 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 Zhongbai's exact dividend yield.
When does Ningbo Zhongbai go ex dividend?
Ningbo Zhongbai's ex-dividend date for the latest dividend was on 2024-06-14. Ningbo Zhongbai 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 Zhongbai dividend paid?
Ningbo Zhongbai pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Ningbo Zhongbai 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 Zhongbai 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 Zhongbai dividend per share?
Ningbo Zhongbai paid ¥0.085 per share in 2024 and ¥0.045 per share in 2023. The amount of dividend per share that Ningbo Zhongbai 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 Zhongbai 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 Zhongbai 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 Zhongbai a dividend stock?
Yes, Ningbo Zhongbai is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ningbo Zhongbai a good dividend stock?
Whether Ningbo Zhongbai 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 Zhongbai has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Ningbo Zhongbai 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 Zhongbai pay dividends monthly?
Ningbo Zhongbai typically pays dividends on a annually basis.
Does Ningbo Zhongbai pay dividends quarterly?
Ningbo Zhongbai currently pays dividends on a annually basis.
Has Ningbo Zhongbai ever paid a dividend?
Yes, Ningbo Zhongbai has a history of paying dividends to its shareholders. Ningbo Zhongbai is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ningbo Zhongbai dividend stocks?
To buy Ningbo Zhongbai 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 Zhongbai 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 Zhongbai pay dividends 2024?
Ningbo Zhongbai pays dividends on a annually basis. 2024 dividend payments are in 2024-06-14. 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 Zhongbai increase its dividend in 2024?
Decisions regarding Ningbo Zhongbai 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 Zhongbai dividend overview you can look into the above table of dividend history.
How Ningbo Zhongbai dividend works?
The Ningbo Zhongbai 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 Zhongbai's dividend process works:
1. Determination of Dividend: Ningbo Zhongbai'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 Zhongbai 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 Zhongbai 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 Zhongbai 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 Zhongbai dividends paid?
Ningbo Zhongbai dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Ningbo Zhongbai 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 Zhongbai 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 Zhongbai 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 Zhongbai pay dividends?
Ningbo Zhongbai 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 Zhongbai pay dividends?
The general pattern is that Ningbo Zhongbai 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 Zhongbai dividend safe?
The safety of Ningbo Zhongbai'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 Zhongbai'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 Zhongbai'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.