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Shandong Weida Machinery Co., Ltd. manufactures and sells drill chucks in China and internationally. The company offers various types of drill chucks, including keyless chuck, keyless chuck with lock, key-type drill chuck, keyless automatic duty drill, and accessories; and saw blades. It also provides precision castings, such as power tools accessories, machining products, auto parts, hardware and tools, instrumentation valves, and die-casting and other casting products. In addition, the company offers powder metallurgy parts comprising structure parts, connecting rods for refrigerators, oiliness bearings, slide blocks for grease guns, chain wheels and cluths for engines, pulleys for engines, helix gears and impacted blocks for impacted power, and over loading parts for impacted power drills; and parts for oil pump of automobiles and angular connected axels, angular grinders, circular saws, reciprocating saws, double and single speed and impacted gear boxes, electric screwdrivers, and single and double speed gear boxes. Further, it provides AC and DC switches. The company offers its products primarily under the Peacock and Weida brands. Shandong Weida Machinery Co., Ltd. was founded in 1976 and is based in Wendeng, China.

Shandong Weida Machinery Dividend Announcement

Shandong Weida Machinery announced a annually dividend of ¥0.12 per ordinary share which will be made payable on 2024-06-21. Ex dividend date: 2024-06-21
Shandong Weida Machinery annual dividend for 2024 was ¥0.12
Shandong Weida Machinery annual dividend for 2023 was ¥0.05
Shandong Weida Machinery's trailing twelve-month (TTM) dividend yield is 1.23%
Shandong Weida Machinery's payout ratio for the trailing twelve months (TTM) is 32.40%
Shandong Weida Machinery's dividend growth over the last five years (2018-2023) was -3.58% year
Shandong Weida Machinery's dividend growth over the last ten years (2013-2023) was 2.66% year

Shandong Weida Machinery Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-21¥0.12annually2024-06-21
2023-06-13¥0.05annually2023-06-13
2022-06-17¥0.15annually2022-06-17
2021-06-17¥0.10annually2021-06-17
2020-06-05¥0.08annually2020-06-05
2019-06-12¥0.08annually2019-06-12
2018-07-04¥0.06annually2018-07-04
2017-06-14¥0.06annually2017-06-14
2016-06-01¥0.06annually
2015-05-12¥0.05annually
2014-04-17¥0.05annually
2013-05-13¥0.04annually

Shandong Weida Machinery Dividend per year

Shandong Weida Machinery Dividend growth

Shandong Weida Machinery Dividend Yield

Shandong Weida Machinery current trailing twelve-month (TTM) dividend yield is 1.23%. Interested in purchasing Shandong Weida Machinery stock? Use our calculator to estimate your expected dividend yield:

Shandong Weida Machinery Financial Ratios

P/E ratio16.66
PEG ratio0.17
P/B ratio1.22
ROE7.49%
Payout ratio32.40%
Current ratio2.70
Quick ratio2.24
Cash Ratio0.99

Shandong Weida Machinery Dividend FAQ

How much is the next Shandong Weida Machinery dividend?
Shandong Weida 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 Weida Machinery dividend. The next Shandong Weida Machinery dividend will be released in June.
When is Shandong Weida Machinery dividend paid?
Shandong Weida 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 Weida Machinery pay?
The specific amount of Shandong Weida 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 Weida Machinery's dividend history.
Does Shandong Weida Machinery stock pay dividends?
Yes, Shandong Weida 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 Weida Machinery's dividend history.
How much dividend does Shandong Weida Machinery pay?
Shandong Weida Machinery paid ¥0.12 in 2024, ¥0.05 in 2023, ¥0.15 in 2022, ¥0.1 in 2021, and ¥0.08 in 2020.
How often does Shandong Weida Machinery pay dividends?
Shandong Weida 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 Weida Machinery's dividend yield?
The current dividend yield for Shandong Weida Machinery is 1.23%. 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 Weida Machinery's exact dividend yield.
When does Shandong Weida Machinery go ex dividend?
Shandong Weida Machinery's ex-dividend date for the latest dividend was on 2024-06-21. Shandong Weida 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 Weida Machinery dividend paid?
Shandong Weida Machinery pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Shandong Weida 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 Weida 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 Weida Machinery dividend per share?
Shandong Weida Machinery paid ¥0.12 per share in 2024 and ¥0.05 per share in 2023. The amount of dividend per share that Shandong Weida 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 Weida 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 Weida 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 Weida Machinery a dividend stock?
Yes, Shandong Weida 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 Weida Machinery a good dividend stock?
Whether Shandong Weida 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 Weida Machinery has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Shandong Weida 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 Weida Machinery pay dividends monthly?
Shandong Weida Machinery typically pays dividends on a annually basis.
Does Shandong Weida Machinery pay dividends quarterly?
Shandong Weida Machinery currently pays dividends on a annually basis.
Has Shandong Weida Machinery ever paid a dividend?
Yes, Shandong Weida Machinery has a history of paying dividends to its shareholders. Shandong Weida Machinery is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shandong Weida Machinery dividend stocks?
To buy Shandong Weida 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 Weida 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 Weida Machinery pay dividends 2024?
Shandong Weida Machinery pays dividends on a annually basis. 2024 dividend payments are in 2024-06-21. 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 Weida Machinery increase its dividend in 2024?
Decisions regarding Shandong Weida 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 Weida Machinery dividend overview you can look into the above table of dividend history.
How Shandong Weida Machinery dividend works?
The Shandong Weida 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 Weida Machinery's dividend process works:

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

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