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Novoray Corporation researches, develops, manufactures, and sells industrial powder materials for various applications worldwide. The company offers crystalline silica powder, fused silica powder, soft composite silica powder, round corner crystalline silica powder, spherical silica powder, spherical aluminum oxide powder, sub-micron spherical silica powder, and acicular powder. It serves electronic materials, electrical insulating materials, ceramics, precision casting, paints and coatings, silicon rubber, functional rubber, plastics, and building materials manufacturing industries worldwide. Novoray Corporation was founded in 1984 and is based in Lianyungang, China.

Novoray Dividend Announcement

Novoray announced a annually dividend of ¥0.50 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06
Novoray annual dividend for 2024 was ¥0.50
Novoray annual dividend for 2023 was ¥0.68
Novoray's trailing twelve-month (TTM) dividend yield is 0.84%
Novoray's payout ratio for the trailing twelve months (TTM) is 64.71%

Novoray Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-06¥0.50annually2024-06-06
2023-06-15¥0.68annually2023-06-15
2022-05-20¥0.61annually2022-05-20
2021-06-24¥0.50annually2021-06-24
2020-06-24¥0.50annually2020-06-24

Novoray Dividend per year

Novoray Dividend growth

Novoray Dividend Yield

Novoray current trailing twelve-month (TTM) dividend yield is 0.84%. Interested in purchasing Novoray stock? Use our calculator to estimate your expected dividend yield:

Novoray Financial Ratios

P/E ratio48.41
PEG ratio-3.02
P/B ratio7.86
ROE16.83%
Payout ratio64.71%
Current ratio3.30
Quick ratio2.93
Cash Ratio0.88

Novoray Dividend FAQ

How much is the next Novoray dividend?
Novoray's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Novoray dividend. The next Novoray dividend will be released in June.
When is Novoray dividend paid?
Novoray 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 Novoray pay?
The specific amount of Novoray 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 Novoray's dividend history.
Does Novoray stock pay dividends?
Yes, Novoray 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 Novoray's dividend history.
How much dividend does Novoray pay?
Novoray paid ¥0.5 in 2024, ¥0.678 in 2023, ¥0.608 in 2022, ¥0.5 in 2021, and ¥0.5 in 2020.
How often does Novoray pay dividends?
Novoray 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 Novoray's dividend yield?
The current dividend yield for Novoray is 0.84%. 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 Novoray's exact dividend yield.
When does Novoray go ex dividend?
Novoray's ex-dividend date for the latest dividend was on 2024-06-06. Novoray 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 Novoray dividend paid?
Novoray pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Novoray 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 Novoray 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 Novoray dividend per share?
Novoray paid ¥0.5 per share in 2024 and ¥0.678 per share in 2023. The amount of dividend per share that Novoray 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 Novoray 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 Novoray 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 Novoray a dividend stock?
Yes, Novoray is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Novoray a good dividend stock?
Whether Novoray is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Novoray has a history of paying regular dividends, which can make it attractive to income-focused investors.

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

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

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

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