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Shandong Mining Machinery Group Co., Ltd manufactures and sells various machinery for coal mining, coal washing, mine safety, brick-making, post press packaging, and unmanned aviation industries in China. The company's product portfolio comprises UAV, turbojet engines, and aero engines; and robots, 3D printing machines, workshop logistics automation systems, automatic cleaning and die cutting machines, and engineering robots. It also provides hydraulic support machines, belt conveyors, coal washing equipment, engineering cylinders, mine rescue capsules, torus chains, hydraulic single props, and scraper conveyors. The company was founded in 1955 and is based in Weifang, China.

Shandong Mining Machinery Dividend Announcement

Shandong Mining Machinery announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-07-08. Ex dividend date: 2024-07-08
Shandong Mining Machinery annual dividend for 2024 was ¥0.02
Shandong Mining Machinery 's trailing twelve-month (TTM) dividend yield is 0.84%
Shandong Mining Machinery 's payout ratio for the trailing twelve months (TTM) is 6.50%

Shandong Mining Machinery Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-08¥0.02annually2024-07-08
2020-06-01¥0.01annually2020-06-01
2014-05-21¥0.04annually
2013-06-07¥0.04annually
2012-05-22¥0.04annually
2011-05-11¥0.30annually

Shandong Mining Machinery Dividend per year

Shandong Mining Machinery Dividend growth

Shandong Mining Machinery Dividend Yield

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

Shandong Mining Machinery Financial Ratios

P/E ratio65.17
PEG ratio-0.83
P/B ratio1.54
ROE2.39%
Payout ratio6.50%
Current ratio1.91
Quick ratio1.42
Cash Ratio0.28

Shandong Mining Machinery Dividend FAQ

How much is the next Shandong Mining Machinery dividend?
Shandong Mining 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 Mining Machinery dividend. The next Shandong Mining Machinery dividend will be released in .
When is Shandong Mining Machinery dividend paid?
Shandong Mining Machinery pays dividends on a annually basis. The specific dates may vary each year but are generally around . 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 Mining Machinery pay?
The specific amount of Shandong Mining 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 Mining Machinery 's dividend history.
Does Shandong Mining Machinery stock pay dividends?
Yes, Shandong Mining 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 Mining Machinery 's dividend history.
How much dividend does Shandong Mining Machinery pay?
Shandong Mining Machinery paid ¥0.023 in 2024, ¥0.0 in 2023, ¥0.0 in 2022, ¥0.0 in 2021, and ¥0.01 in 2020.
How often does Shandong Mining Machinery pay dividends?
Shandong Mining 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 .
What is Shandong Mining Machinery 's dividend yield?
The current dividend yield for Shandong Mining Machinery 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 Shandong Mining Machinery 's exact dividend yield.
When does Shandong Mining Machinery go ex dividend?
Shandong Mining Machinery 's ex-dividend date for the latest dividend was on 2024-07-08. Shandong Mining 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 Mining Machinery dividend paid?
Shandong Mining Machinery pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Shandong Mining 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 Mining 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 Mining Machinery dividend per share?
Shandong Mining Machinery paid ¥0.023 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Shandong Mining 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 Mining 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 Mining 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 Mining Machinery a dividend stock?
Yes, Shandong Mining 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 Mining Machinery a good dividend stock?
Whether Shandong Mining 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 Mining Machinery has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Shandong Mining 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 Mining Machinery pay dividends monthly?
Shandong Mining Machinery typically pays dividends on a annually basis.
Does Shandong Mining Machinery pay dividends quarterly?
Shandong Mining Machinery currently pays dividends on a annually basis.
Has Shandong Mining Machinery ever paid a dividend?
Yes, Shandong Mining Machinery has a history of paying dividends to its shareholders. Shandong Mining Machinery is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shandong Mining Machinery dividend stocks?
To buy Shandong Mining 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 Mining 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 Mining Machinery pay dividends 2024?
Shandong Mining Machinery pays dividends on a annually basis. 2024 dividend payments are in 2024-07-08. 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 Mining Machinery increase its dividend in 2024?
Decisions regarding Shandong Mining 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 Mining Machinery dividend overview you can look into the above table of dividend history.
How Shandong Mining Machinery dividend works?
The Shandong Mining 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 Mining Machinery 's dividend process works:

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

1. Record Date: Shandong Mining 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 Mining 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 Mining 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 Mining Machinery pay dividends?
Shandong Mining 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 Mining Machinery pay dividends?
The general pattern is that Shandong Mining Machinery pays dividends around . 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 Mining Machinery dividend safe?
The safety of Shandong Mining 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 Mining 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 Mining 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.