Ruifeng Power Group Company Limited, an investment holding company, engages in the design, development, production, and sale of cylinder blocks and heads in the People's Republic of China. The company also offers structural components of cylinder blocks, including bearing caps and flywheels. It serves manufacturers of vehicles, including passenger, commercial, and industrial vehicles, as well as engine producers. The company was founded in 2002 and is headquartered in Shenzhou, the People's Republic of China. Ruifeng Power Group Company Limited is a subsidiary of Dragon Rise Ventures Limited.
Ruifeng Power Dividend Announcement
• Ruifeng Power announced a semi annually dividend of HK$0.01 per ordinary share which will be made payable on 2024-08-30. Ex dividend date: 2024-06-14 • Ruifeng Power annual dividend for 2024 was HK$0.01 • Ruifeng Power annual dividend for 2023 was HK$1.51 • Ruifeng Power's trailing twelve-month (TTM) dividend yield is 1.37% • Ruifeng Power's payout ratio for the trailing twelve months (TTM) is 153.36%
Ruifeng Power current trailing twelve-month (TTM) dividend yield is 1.37%. Interested in purchasing Ruifeng Power stock? Use our calculator to estimate your expected dividend yield:
Ruifeng Power Financial Ratios
P/E ratio78.02
PEG ratio24.74
P/B ratio0.89
ROE1.14%
Payout ratio153.36%
Current ratio1.32
Quick ratio0.76
Cash Ratio0.04
Ruifeng Power Dividend FAQ
How much is the next Ruifeng Power dividend?
Ruifeng Power's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Ruifeng Power dividend. The next Ruifeng Power dividend will be released in October, or October.
When is Ruifeng Power dividend paid?
Ruifeng Power pays dividends on a semi annually basis. The specific dates may vary each year but are generally around October, and October. 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 Ruifeng Power pay?
The specific amount of Ruifeng Power 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 Ruifeng Power's dividend history.
Does Ruifeng Power stock pay dividends?
Yes, Ruifeng Power 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 Ruifeng Power's dividend history.
How much dividend does Ruifeng Power pay?
Ruifeng Power paid HK$0.015 in 2024, HK$1.515 in 2023, HK$0.017 in 2022, HK$0.03 in 2021, and HK$0.02 in 2020.
How often does Ruifeng Power pay dividends?
Ruifeng Power typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around October, and October.
What is Ruifeng Power's dividend yield?
The current dividend yield for Ruifeng Power is 1.37%. 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 Ruifeng Power's exact dividend yield.
When does Ruifeng Power go ex dividend?
Ruifeng Power's ex-dividend date for the latest dividend was on 2024-06-14. Ruifeng Power 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 Ruifeng Power dividend paid?
Ruifeng Power pays dividends on a semi annually basis, typically around October, or October, but the exact dates can vary each year.
Will Ruifeng Power 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 Ruifeng Power 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 Ruifeng Power dividend per share?
Ruifeng Power paid HK$0.015 per share in 2024 and HK$1.515 per share in 2023. The amount of dividend per share that Ruifeng Power 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 Ruifeng Power 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 Ruifeng Power 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 Ruifeng Power a dividend stock?
Yes, Ruifeng Power is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ruifeng Power a good dividend stock?
Whether Ruifeng Power is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Ruifeng Power has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Ruifeng Power 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 Ruifeng Power pay dividends monthly?
Ruifeng Power typically pays dividends on a semi annually basis.
Does Ruifeng Power pay dividends quarterly?
Ruifeng Power currently pays dividends on a semi annually basis.
Has Ruifeng Power ever paid a dividend?
Yes, Ruifeng Power has a history of paying dividends to its shareholders. Ruifeng Power is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ruifeng Power dividend stocks?
To buy Ruifeng Power 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 Ruifeng Power 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 Ruifeng Power pay dividends 2024?
Ruifeng Power pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-30. 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 Ruifeng Power increase its dividend in 2024?
Decisions regarding Ruifeng Power 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 Ruifeng Power dividend overview you can look into the above table of dividend history.
How Ruifeng Power dividend works?
The Ruifeng Power 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 Ruifeng Power's dividend process works:
1. Determination of Dividend: Ruifeng Power'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, Ruifeng Power 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, Ruifeng Power 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 Ruifeng Power 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 Ruifeng Power dividends paid?
Ruifeng Power dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Ruifeng Power 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, Ruifeng Power distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ruifeng Power 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 Ruifeng Power pay dividends?
Ruifeng Power typically pays dividends on a semi 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 Ruifeng Power pay dividends?
The general pattern is that Ruifeng Power pays dividends around October, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Ruifeng Power dividend safe?
The safety of Ruifeng Power'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 Ruifeng Power'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 Ruifeng Power'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.