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Shandong Hongyu Agricultural Machinery Co., Ltd. engages in the research and development, manufacture, sale, service, and integration of agricultural machinery parts and components in China. The company offers downforce type with separated control value products; no-feedback type with simple control value products; separated oil type and common oil type position and draft controls; common oil type composite controls; and distributors and cylinders. It also sells its products in approximately 30 countries and regions internationally. The company is based in Laizhou, China.

Shandong Hongyuricultural Machinery Dividend Announcement

Shandong Hongyuricultural Machinery announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-28
Shandong Hongyuricultural Machinery annual dividend for 2024 was ¥0.10
Shandong Hongyuricultural Machinery annual dividend for 2023 was ¥0.20
Shandong Hongyuricultural Machinery's trailing twelve-month (TTM) dividend yield is 0.71%
Shandong Hongyuricultural Machinery's payout ratio for the trailing twelve months (TTM) is 66.23%

Shandong Hongyuricultural Machinery Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-28¥0.10annually2024-06-28
2023-06-14¥0.20annually2023-06-14
2022-06-08¥0.10annually2022-06-08
2021-05-20¥0.14annually2021-05-20
2020-06-03¥0.20annually2020-06-03
2018-06-29¥0.06annually2018-06-29

Shandong Hongyuricultural Machinery Dividend per year

Shandong Hongyuricultural Machinery Dividend growth

Shandong Hongyuricultural Machinery Dividend Yield

Shandong Hongyuricultural Machinery current trailing twelve-month (TTM) dividend yield is 0.71%. Interested in purchasing Shandong Hongyuricultural Machinery stock? Use our calculator to estimate your expected dividend yield:

Shandong Hongyuricultural Machinery Financial Ratios

P/E ratio92.44
PEG ratio-6.78
P/B ratio3.08
ROE3.34%
Payout ratio66.23%
Current ratio3.99
Quick ratio3.09
Cash Ratio0.33

Shandong Hongyuricultural Machinery Dividend FAQ

How much is the next Shandong Hongyuricultural Machinery dividend?
Shandong Hongyuricultural Machinery's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shandong Hongyuricultural Machinery dividend. The next Shandong Hongyuricultural Machinery dividend will be released in June.
When is Shandong Hongyuricultural Machinery dividend paid?
Shandong Hongyuricultural Machinery 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 Shandong Hongyuricultural Machinery pay?
The specific amount of Shandong Hongyuricultural Machinery 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 Shandong Hongyuricultural Machinery's dividend history.
Does Shandong Hongyuricultural Machinery stock pay dividends?
Yes, Shandong Hongyuricultural Machinery 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 Shandong Hongyuricultural Machinery's dividend history.
How much dividend does Shandong Hongyuricultural Machinery pay?
Shandong Hongyuricultural Machinery paid ¥0.1 in 2024, ¥0.196 in 2023, ¥0.1 in 2022, ¥0.14 in 2021, and ¥0.2 in 2020.
How often does Shandong Hongyuricultural Machinery pay dividends?
Shandong Hongyuricultural Machinery 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 Shandong Hongyuricultural Machinery's dividend yield?
The current dividend yield for Shandong Hongyuricultural Machinery is 0.71%. 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 Shandong Hongyuricultural Machinery's exact dividend yield.
When does Shandong Hongyuricultural Machinery go ex dividend?
Shandong Hongyuricultural Machinery's ex-dividend date for the latest dividend was on 2024-06-28. Shandong Hongyuricultural Machinery 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 Shandong Hongyuricultural Machinery dividend paid?
Shandong Hongyuricultural Machinery pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Shandong Hongyuricultural Machinery 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 Shandong Hongyuricultural Machinery 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 Shandong Hongyuricultural Machinery dividend per share?
Shandong Hongyuricultural Machinery paid ¥0.1 per share in 2024 and ¥0.196 per share in 2023. The amount of dividend per share that Shandong Hongyuricultural Machinery 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 Shandong Hongyuricultural Machinery 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 Shandong Hongyuricultural Machinery 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 Shandong Hongyuricultural Machinery a dividend stock?
Yes, Shandong Hongyuricultural Machinery is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shandong Hongyuricultural Machinery a good dividend stock?
Whether Shandong Hongyuricultural Machinery is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shandong Hongyuricultural Machinery has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Shandong Hongyuricultural Machinery 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 Shandong Hongyuricultural Machinery pay dividends monthly?
Shandong Hongyuricultural Machinery typically pays dividends on a annually basis.
Does Shandong Hongyuricultural Machinery pay dividends quarterly?
Shandong Hongyuricultural Machinery currently pays dividends on a annually basis.
Has Shandong Hongyuricultural Machinery ever paid a dividend?
Yes, Shandong Hongyuricultural Machinery has a history of paying dividends to its shareholders. Shandong Hongyuricultural Machinery is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shandong Hongyuricultural Machinery dividend stocks?
To buy Shandong Hongyuricultural Machinery 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 Shandong Hongyuricultural Machinery 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 Shandong Hongyuricultural Machinery pay dividends 2024?
Shandong Hongyuricultural Machinery pays dividends on a annually basis. 2024 dividend payments are in 2024-06-28. 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 Shandong Hongyuricultural Machinery increase its dividend in 2024?
Decisions regarding Shandong Hongyuricultural Machinery 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 Shandong Hongyuricultural Machinery dividend overview you can look into the above table of dividend history.
How Shandong Hongyuricultural Machinery dividend works?
The Shandong Hongyuricultural Machinery 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 Shandong Hongyuricultural Machinery's dividend process works:

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

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

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