Shanghai Lianming Machinery Co., Ltd. engages in the development and sale of auto parts to the automotive industry in China. It offers auto body parts, and automotive stampings and welding assembly parts. The company also provides supply chain management of third-party logistics services. The company was founded in 2003 and is headquartered in Shanghai, China.
Shanghai Lianming Machinery Dividend Announcement
• Shanghai Lianming Machinery announced a annually dividend of ¥0.28 per ordinary share which will be made payable on 2024-06-04. Ex dividend date: 2024-06-04 • Shanghai Lianming Machinery annual dividend for 2024 was ¥0.28 • Shanghai Lianming Machinery annual dividend for 2023 was ¥0.38 • Shanghai Lianming Machinery's trailing twelve-month (TTM) dividend yield is 2.27% • Shanghai Lianming Machinery's payout ratio for the trailing twelve months (TTM) is 134.29%
Shanghai Lianming Machinery current trailing twelve-month (TTM) dividend yield is 2.27%. Interested in purchasing Shanghai Lianming Machinery stock? Use our calculator to estimate your expected dividend yield:
Shanghai Lianming Machinery Financial Ratios
P/E ratio58.58
PEG ratio-36.71
P/B ratio2.18
ROE3.69%
Payout ratio134.29%
Current ratio3.11
Quick ratio2.28
Cash Ratio0.82
Shanghai Lianming Machinery Dividend FAQ
How much is the next Shanghai Lianming Machinery dividend?
Shanghai Lianming 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 Shanghai Lianming Machinery dividend. The next Shanghai Lianming Machinery dividend will be released in June.
When is Shanghai Lianming Machinery dividend paid?
Shanghai Lianming 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 Shanghai Lianming Machinery pay?
The specific amount of Shanghai Lianming 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 Shanghai Lianming Machinery's dividend history.
Does Shanghai Lianming Machinery stock pay dividends?
Yes, Shanghai Lianming 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 Shanghai Lianming Machinery's dividend history.
How much dividend does Shanghai Lianming Machinery pay?
Shanghai Lianming Machinery paid ¥0.28 in 2024, ¥0.38 in 2023, ¥0.38 in 2022, ¥0.32 in 2021, and ¥0.12 in 2020.
How often does Shanghai Lianming Machinery pay dividends?
Shanghai Lianming 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 Shanghai Lianming Machinery's dividend yield?
The current dividend yield for Shanghai Lianming Machinery is 2.27%. 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 Shanghai Lianming Machinery's exact dividend yield.
When does Shanghai Lianming Machinery go ex dividend?
Shanghai Lianming Machinery's ex-dividend date for the latest dividend was on 2024-06-04. Shanghai Lianming 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 Shanghai Lianming Machinery dividend paid?
Shanghai Lianming Machinery pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Shanghai Lianming 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 Shanghai Lianming 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 Shanghai Lianming Machinery dividend per share?
Shanghai Lianming Machinery paid ¥0.28 per share in 2024 and ¥0.38 per share in 2023. The amount of dividend per share that Shanghai Lianming 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 Shanghai Lianming 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 Shanghai Lianming 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 Shanghai Lianming Machinery a dividend stock?
Yes, Shanghai Lianming Machinery is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shanghai Lianming Machinery a good dividend stock?
Whether Shanghai Lianming 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. Shanghai Lianming Machinery has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shanghai Lianming 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 Shanghai Lianming Machinery pay dividends monthly?
Shanghai Lianming Machinery typically pays dividends on a annually basis.
Does Shanghai Lianming Machinery pay dividends quarterly?
Shanghai Lianming Machinery currently pays dividends on a annually basis.
Has Shanghai Lianming Machinery ever paid a dividend?
Yes, Shanghai Lianming Machinery has a history of paying dividends to its shareholders. Shanghai Lianming Machinery is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shanghai Lianming Machinery dividend stocks?
To buy Shanghai Lianming 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 Shanghai Lianming 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 Shanghai Lianming Machinery pay dividends 2024?
Shanghai Lianming Machinery pays dividends on a annually basis. 2024 dividend payments are in 2024-06-04. 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 Shanghai Lianming Machinery increase its dividend in 2024?
Decisions regarding Shanghai Lianming 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 Shanghai Lianming Machinery dividend overview you can look into the above table of dividend history.
How Shanghai Lianming Machinery dividend works?
The Shanghai Lianming 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 Shanghai Lianming Machinery's dividend process works:
1. Determination of Dividend: Shanghai Lianming 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, Shanghai Lianming 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, Shanghai Lianming 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 Shanghai Lianming 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 Shanghai Lianming Machinery dividends paid?
Shanghai Lianming Machinery dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shanghai Lianming 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, Shanghai Lianming 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: Shanghai Lianming 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 Shanghai Lianming Machinery pay dividends?
Shanghai Lianming 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 Shanghai Lianming Machinery pay dividends?
The general pattern is that Shanghai Lianming 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 Shanghai Lianming Machinery dividend safe?
The safety of Shanghai Lianming 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 Shanghai Lianming 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 Shanghai Lianming 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.