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Ningxia Building Materials Group Co.,Ltd manufactures and sells cement, cement clinkers, commercial concrete, and related cement products in China. The compnoffers dam and oil well cement; and ordinary, composite, slag, fly ash, road, medium-low-heat, and sulfate-resistant Portland cement under the Saima, Qingtongxia, Shuanglu, Liupanshan, Ningzhongning, and Grassland brands. The company was formerly known as Ningxia Saima Industry Co., Ltd. and changed its name to Ningxia Building Materials Group Co.,Ltd in December 2011. Ningxia Building Materials Group Co.,Ltd was founded in 1998 and is based in Yinchuan, China.

Ningxia Building Materials Dividend Announcement

Ningxia Building Materials announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-06-13. Ex dividend date: 2024-06-13
Ningxia Building Materials annual dividend for 2024 was ¥0.25
Ningxia Building Materials annual dividend for 2023 was ¥0.39
Ningxia Building Materials's trailing twelve-month (TTM) dividend yield is 1.79%
Ningxia Building Materials's payout ratio for the trailing twelve months (TTM) is 79.64%
Ningxia Building Materials's dividend growth over the last five years (2018-2023) was 12.13% year
Ningxia Building Materials's dividend growth over the last ten years (2013-2023) was 22.80% year

Ningxia Building Materials Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-13¥0.25annually2024-06-13
2023-05-30¥0.39annually2023-05-30
2022-05-30¥0.54annually2022-05-30
2021-05-31¥0.67annually2021-05-31
2020-05-29¥0.51annually2020-05-29
2019-05-31¥0.30annually2019-05-31
2018-05-31¥0.22annually2018-05-31
2017-05-26¥0.04annually2017-05-26
2016-05-27¥0.02annually
2015-06-05¥0.18annually
2014-05-22¥0.19annually
2013-05-20¥0.05annually

Ningxia Building Materials Dividend per year

Ningxia Building Materials Dividend growth

Ningxia Building Materials Dividend Yield

Ningxia Building Materials current trailing twelve-month (TTM) dividend yield is 1.79%. Interested in purchasing Ningxia Building Materials stock? Use our calculator to estimate your expected dividend yield:

Ningxia Building Materials Financial Ratios

P/E ratio37.95
PEG ratio1.35
P/B ratio0.93
ROE2.47%
Payout ratio79.64%
Current ratio1.92
Quick ratio1.81
Cash Ratio0.33

Ningxia Building Materials Dividend FAQ

How much is the next Ningxia Building Materials dividend?
Ningxia Building Materials's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Ningxia Building Materials dividend. The next Ningxia Building Materials dividend will be released in May.
When is Ningxia Building Materials dividend paid?
Ningxia Building Materials 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 Ningxia Building Materials pay?
The specific amount of Ningxia Building Materials 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 Ningxia Building Materials's dividend history.
Does Ningxia Building Materials stock pay dividends?
Yes, Ningxia Building Materials 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 Ningxia Building Materials's dividend history.
How much dividend does Ningxia Building Materials pay?
Ningxia Building Materials paid ¥0.25 in 2024, ¥0.39 in 2023, ¥0.54 in 2022, ¥0.67 in 2021, and ¥0.51 in 2020.
How often does Ningxia Building Materials pay dividends?
Ningxia Building Materials 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 Ningxia Building Materials's dividend yield?
The current dividend yield for Ningxia Building Materials is 1.79%. 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 Ningxia Building Materials's exact dividend yield.
When does Ningxia Building Materials go ex dividend?
Ningxia Building Materials's ex-dividend date for the latest dividend was on 2024-06-13. Ningxia Building Materials 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 Ningxia Building Materials dividend paid?
Ningxia Building Materials pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Ningxia Building Materials 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 Ningxia Building Materials 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 Ningxia Building Materials dividend per share?
Ningxia Building Materials paid ¥0.25 per share in 2024 and ¥0.39 per share in 2023. The amount of dividend per share that Ningxia Building Materials 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 Ningxia Building Materials 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 Ningxia Building Materials 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 Ningxia Building Materials a dividend stock?
Yes, Ningxia Building Materials is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ningxia Building Materials a good dividend stock?
Whether Ningxia Building Materials is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Ningxia Building Materials has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Ningxia Building Materials 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 Ningxia Building Materials pay dividends monthly?
Ningxia Building Materials typically pays dividends on a annually basis.
Does Ningxia Building Materials pay dividends quarterly?
Ningxia Building Materials currently pays dividends on a annually basis.
Has Ningxia Building Materials ever paid a dividend?
Yes, Ningxia Building Materials has a history of paying dividends to its shareholders. Ningxia Building Materials is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ningxia Building Materials dividend stocks?
To buy Ningxia Building Materials 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 Ningxia Building Materials 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 Ningxia Building Materials pay dividends 2024?
Ningxia Building Materials pays dividends on a annually basis. 2024 dividend payments are in 2024-06-13. 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 Ningxia Building Materials increase its dividend in 2024?
Decisions regarding Ningxia Building Materials 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 Ningxia Building Materials dividend overview you can look into the above table of dividend history.
How Ningxia Building Materials dividend works?
The Ningxia Building Materials 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 Ningxia Building Materials's dividend process works:

1. Determination of Dividend: Ningxia Building Materials'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, Ningxia Building Materials 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, Ningxia Building Materials 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 Ningxia Building Materials 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 Ningxia Building Materials dividends paid?
Ningxia Building Materials dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Ningxia Building Materials 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, Ningxia Building Materials distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Ningxia Building Materials 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 Ningxia Building Materials pay dividends?
Ningxia Building Materials 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 Ningxia Building Materials pay dividends?
The general pattern is that Ningxia Building Materials 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 Ningxia Building Materials dividend safe?
The safety of Ningxia Building Materials'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 Ningxia Building Materials'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 Ningxia Building Materials'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.