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Qingdao NovelBeam Technology Co., Ltd. provides components and optical solutions for medical, life science, laser, and micro-display projection applications worldwide. It offers medical endoscopy products, such as endoscopes, camera couplers, camera lens, and light source modules; and optical products comprising medical optics, laser/industrial products, and biometrics. The company was founded in 2003 and is based in Qingdao, China.

Qingdao NovelBeam Technology Dividend Announcement

Qingdao NovelBeam Technology announced a annually dividend of ¥0.55 per ordinary share which will be made payable on 2024-06-11. Ex dividend date: 2024-06-11
Qingdao NovelBeam Technology annual dividend for 2024 was ¥0.55
Qingdao NovelBeam Technology annual dividend for 2023 was ¥1.12
Qingdao NovelBeam Technology's trailing twelve-month (TTM) dividend yield is 1.45%
Qingdao NovelBeam Technology's payout ratio for the trailing twelve months (TTM) is 108.64%

Qingdao NovelBeam Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-11¥0.55annually2024-06-11
2023-06-14¥1.12annually2023-06-14
2022-05-30¥0.41annually2022-05-30
2021-05-13¥0.40annually2021-05-13

Qingdao NovelBeam Technology Dividend per year

Qingdao NovelBeam Technology Dividend growth

Qingdao NovelBeam Technology Dividend Yield

Qingdao NovelBeam Technology current trailing twelve-month (TTM) dividend yield is 1.45%. Interested in purchasing Qingdao NovelBeam Technology stock? Use our calculator to estimate your expected dividend yield:

Qingdao NovelBeam Technology Financial Ratios

P/E ratio37.48
PEG ratio2.84
P/B ratio3.65
ROE9.66%
Payout ratio108.64%
Current ratio11.66
Quick ratio9.12
Cash Ratio6.10

Qingdao NovelBeam Technology Dividend FAQ

How much is the next Qingdao NovelBeam Technology dividend?
Qingdao NovelBeam Technology'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 NovelBeam Technology dividend. The next Qingdao NovelBeam Technology dividend will be released in June.
When is Qingdao NovelBeam Technology dividend paid?
Qingdao NovelBeam Technology 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 NovelBeam Technology pay?
The specific amount of Qingdao NovelBeam Technology 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 NovelBeam Technology's dividend history.
Does Qingdao NovelBeam Technology stock pay dividends?
Yes, Qingdao NovelBeam Technology 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 NovelBeam Technology's dividend history.
How much dividend does Qingdao NovelBeam Technology pay?
Qingdao NovelBeam Technology paid ¥0.55 in 2024, ¥1.12 in 2023, ¥0.41 in 2022, ¥0.4 in 2021, and ¥0.0 in 2020.
How often does Qingdao NovelBeam Technology pay dividends?
Qingdao NovelBeam Technology 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 NovelBeam Technology's dividend yield?
The current dividend yield for Qingdao NovelBeam Technology is 1.45%. 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 NovelBeam Technology's exact dividend yield.
When does Qingdao NovelBeam Technology go ex dividend?
Qingdao NovelBeam Technology's ex-dividend date for the latest dividend was on 2024-06-11. Qingdao NovelBeam Technology 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 NovelBeam Technology dividend paid?
Qingdao NovelBeam Technology pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Qingdao NovelBeam Technology 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 NovelBeam Technology 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 NovelBeam Technology dividend per share?
Qingdao NovelBeam Technology paid ¥0.55 per share in 2024 and ¥1.12 per share in 2023. The amount of dividend per share that Qingdao NovelBeam Technology 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 NovelBeam Technology 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 NovelBeam Technology 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 NovelBeam Technology a dividend stock?
Yes, Qingdao NovelBeam Technology is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Qingdao NovelBeam Technology a good dividend stock?
Whether Qingdao NovelBeam Technology 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 NovelBeam Technology has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Qingdao NovelBeam Technology 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 NovelBeam Technology pay dividends monthly?
Qingdao NovelBeam Technology typically pays dividends on a annually basis.
Does Qingdao NovelBeam Technology pay dividends quarterly?
Qingdao NovelBeam Technology currently pays dividends on a annually basis.
Has Qingdao NovelBeam Technology ever paid a dividend?
Yes, Qingdao NovelBeam Technology has a history of paying dividends to its shareholders. Qingdao NovelBeam Technology is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Qingdao NovelBeam Technology dividend stocks?
To buy Qingdao NovelBeam Technology 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 NovelBeam Technology 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 NovelBeam Technology pay dividends 2024?
Qingdao NovelBeam Technology pays dividends on a annually basis. 2024 dividend payments are in 2024-06-11. 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 NovelBeam Technology increase its dividend in 2024?
Decisions regarding Qingdao NovelBeam Technology 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 NovelBeam Technology dividend overview you can look into the above table of dividend history.
How Qingdao NovelBeam Technology dividend works?
The Qingdao NovelBeam Technology 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 NovelBeam Technology's dividend process works:

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

1. Record Date: Qingdao NovelBeam Technology 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 NovelBeam Technology 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 NovelBeam Technology 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 NovelBeam Technology pay dividends?
Qingdao NovelBeam Technology 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 NovelBeam Technology pay dividends?
The general pattern is that Qingdao NovelBeam Technology 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 NovelBeam Technology dividend safe?
The safety of Qingdao NovelBeam Technology'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 NovelBeam Technology'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 NovelBeam Technology'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.