Qingdao Doublestar Co., Ltd manufactures and sells tires in China and internationally. It offers truck all-steel and passenger semi-steel radial tire series. The company is also involved in the research, design, manufacturing, installation, and consultation of rubber and plastic, foundry, and environmental protection machinery and equipment, as well as digital tire molds. In addition, it engages in the real estate business. The company is based in Qingdao, China.
Qingdao Doublestar Dividend Announcement
• Qingdao Doublestar announced a annually dividend of ¥0.01 per ordinary share which will be made payable on 2022-07-15. Ex dividend date: 2022-07-15 • Qingdao Doublestar's trailing twelve-month (TTM) dividend yield is -% • Qingdao Doublestar's payout ratio for the trailing twelve months (TTM) is -85.09%
Qingdao Doublestar current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Qingdao Doublestar stock? Use our calculator to estimate your expected dividend yield:
Qingdao Doublestar Financial Ratios
P/E ratio-23.82
PEG ratio-0.24
P/B ratio2.37
ROE-8.55%
Payout ratio-85.09%
Current ratio0.61
Quick ratio0.44
Cash Ratio0.20
Qingdao Doublestar Dividend FAQ
How much is the next Qingdao Doublestar dividend?
Qingdao Doublestar's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Qingdao Doublestar dividend. The next Qingdao Doublestar dividend will be released in June.
When is Qingdao Doublestar dividend paid?
Qingdao Doublestar 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 Qingdao Doublestar pay?
The specific amount of Qingdao Doublestar 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 Qingdao Doublestar's dividend history.
Does Qingdao Doublestar stock pay dividends?
Yes, Qingdao Doublestar 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 Qingdao Doublestar's dividend history.
How much dividend does Qingdao Doublestar pay?
Qingdao Doublestar paid ¥0.0 in 2024, ¥0.0 in 2023, ¥0.01 in 2022, ¥0.01 in 2021, and ¥0.01 in 2020.
How often does Qingdao Doublestar pay dividends?
Qingdao Doublestar 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 Qingdao Doublestar's dividend yield?
The current dividend yield for Qingdao Doublestar is -%. 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 Qingdao Doublestar's exact dividend yield.
When does Qingdao Doublestar go ex dividend?
Qingdao Doublestar's ex-dividend date for the latest dividend was on 2022-07-15. Qingdao Doublestar 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 Qingdao Doublestar dividend paid?
Qingdao Doublestar pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Qingdao Doublestar 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 Qingdao Doublestar 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 Qingdao Doublestar dividend per share?
Qingdao Doublestar paid ¥0.0 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Qingdao Doublestar 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 Qingdao Doublestar 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 Qingdao Doublestar 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 Qingdao Doublestar a dividend stock?
Yes, Qingdao Doublestar is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Qingdao Doublestar a good dividend stock?
Whether Qingdao Doublestar is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Qingdao Doublestar has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Qingdao Doublestar 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 Qingdao Doublestar pay dividends monthly?
Qingdao Doublestar typically pays dividends on a annually basis.
Does Qingdao Doublestar pay dividends quarterly?
Qingdao Doublestar currently pays dividends on a annually basis.
Has Qingdao Doublestar ever paid a dividend?
Yes, Qingdao Doublestar has a history of paying dividends to its shareholders. Qingdao Doublestar is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Qingdao Doublestar dividend stocks?
To buy Qingdao Doublestar 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 Qingdao Doublestar 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 Qingdao Doublestar pay dividends 2024?
Qingdao Doublestar pays dividends on a annually basis. 2024 dividend payments are in 2022-07-15. 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 Qingdao Doublestar increase its dividend in 2024?
Decisions regarding Qingdao Doublestar 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 Qingdao Doublestar dividend overview you can look into the above table of dividend history.
How Qingdao Doublestar dividend works?
The Qingdao Doublestar 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 Qingdao Doublestar's dividend process works:
1. Determination of Dividend: Qingdao Doublestar'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, Qingdao Doublestar 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, Qingdao Doublestar 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 Qingdao Doublestar 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 Qingdao Doublestar dividends paid?
Qingdao Doublestar dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Qingdao Doublestar 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, Qingdao Doublestar distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Qingdao Doublestar 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 Qingdao Doublestar pay dividends?
Qingdao Doublestar 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 Qingdao Doublestar pay dividends?
The general pattern is that Qingdao Doublestar 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 Qingdao Doublestar dividend safe?
The safety of Qingdao Doublestar'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 Qingdao Doublestar'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 Qingdao Doublestar'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.