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Shanghai Mechanical & Electrical Industry Co.,Ltd. engages in the manufacture and sale of mechanical and electrical equipment in the People's Republic of China. It offers elevators, air conditioners, motors, precision hydraulics, digital printing and other mechatronics, industrial automation, and intelligent manufacturing machinery products. The company was founded in 1993 and is based in Shanghai, the People's Republic of China.

Shanghai Mechanical & Electrical Industry Dividend Announcement

Shanghai Mechanical & Electrical Industry announced a semi annually dividend of $0.03 per ordinary share which will be made payable on 2024-11-06. Ex dividend date: 2024-10-24
Shanghai Mechanical & Electrical Industry annual dividend for 2024 was $0.09
Shanghai Mechanical & Electrical Industry annual dividend for 2023 was $0.06
Shanghai Mechanical & Electrical Industry's trailing twelve-month (TTM) dividend yield is 8.02%
Shanghai Mechanical & Electrical Industry's payout ratio for the trailing twelve months (TTM) is 49.81%
Shanghai Mechanical & Electrical Industry's dividend growth over the last five years (2018-2023) was -4.02% year
Shanghai Mechanical & Electrical Industry's dividend growth over the last ten years (2013-2023) was 6.03% year

Shanghai Mechanical & Electrical Industry Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-24$0.03semi annually2024-11-06
2024-06-04$0.06semi annually2024-06-18
2023-07-10$0.06semi annually2023-07-21
2022-07-13$0.04semi annually2022-07-26
2021-07-14$0.06semi annually2021-07-26
2020-07-14$0.05semi annually2020-07-24
2019-06-05$0.07semi annually2019-06-18
2018-06-15$0.07semi annually2018-06-28
2017-06-07$0.43semi annually2017-06-19
2016-06-21$0.26semi annually
2015-06-02$0.34semi annually
2014-07-24$0.05semi annually
2013-07-03$0.03semi annually

Shanghai Mechanical & Electrical Industry Dividend per year

Shanghai Mechanical & Electrical Industry Dividend growth

Shanghai Mechanical & Electrical Industry Dividend Yield

Shanghai Mechanical & Electrical Industry current trailing twelve-month (TTM) dividend yield is 8.02%. Interested in purchasing Shanghai Mechanical & Electrical Industry stock? Use our calculator to estimate your expected dividend yield:

Shanghai Mechanical & Electrical Industry Financial Ratios

P/E ratio9.29
PEG ratio0.18
P/B ratio0.63
ROE6.75%
Payout ratio49.81%
Current ratio1.49
Quick ratio1.18
Cash Ratio0.70

Shanghai Mechanical & Electrical Industry Dividend FAQ

How much is the next Shanghai Mechanical & Electrical Industry dividend?
Shanghai Mechanical & Electrical Industry'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 Mechanical & Electrical Industry dividend. The next Shanghai Mechanical & Electrical Industry dividend will be released in July.
When is Shanghai Mechanical & Electrical Industry dividend paid?
Shanghai Mechanical & Electrical Industry pays dividends on a semi annually basis. The specific dates may vary each year but are generally around July. 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 Mechanical & Electrical Industry pay?
The specific amount of Shanghai Mechanical & Electrical Industry 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 Mechanical & Electrical Industry's dividend history.
Does Shanghai Mechanical & Electrical Industry stock pay dividends?
Yes, Shanghai Mechanical & Electrical Industry 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 Mechanical & Electrical Industry's dividend history.
How much dividend does Shanghai Mechanical & Electrical Industry pay?
Shanghai Mechanical & Electrical Industry paid $0.09 in 2024, $0.061 in 2023, $0.043 in 2022, $0.061 in 2021, and $0.052 in 2020.
How often does Shanghai Mechanical & Electrical Industry pay dividends?
Shanghai Mechanical & Electrical Industry 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 July.
What is Shanghai Mechanical & Electrical Industry's dividend yield?
The current dividend yield for Shanghai Mechanical & Electrical Industry is 8.02%. 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 Mechanical & Electrical Industry's exact dividend yield.
When does Shanghai Mechanical & Electrical Industry go ex dividend?
Shanghai Mechanical & Electrical Industry's ex-dividend date for the latest dividend was on 2024-10-24. Shanghai Mechanical & Electrical Industry 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 Mechanical & Electrical Industry dividend paid?
Shanghai Mechanical & Electrical Industry pays dividends on a semi annually basis, typically around July, but the exact dates can vary each year.
Will Shanghai Mechanical & Electrical Industry 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 Mechanical & Electrical Industry 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 Mechanical & Electrical Industry dividend per share?
Shanghai Mechanical & Electrical Industry paid $0.09 per share in 2024 and $0.061 per share in 2023. The amount of dividend per share that Shanghai Mechanical & Electrical Industry 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 Mechanical & Electrical Industry 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 Mechanical & Electrical Industry 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 Mechanical & Electrical Industry a dividend stock?
Yes, Shanghai Mechanical & Electrical Industry is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shanghai Mechanical & Electrical Industry a good dividend stock?
Whether Shanghai Mechanical & Electrical Industry 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 Mechanical & Electrical Industry has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Shanghai Mechanical & Electrical Industry 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 Mechanical & Electrical Industry pay dividends monthly?
Shanghai Mechanical & Electrical Industry typically pays dividends on a semi annually basis.
Does Shanghai Mechanical & Electrical Industry pay dividends quarterly?
Shanghai Mechanical & Electrical Industry currently pays dividends on a semi annually basis.
Has Shanghai Mechanical & Electrical Industry ever paid a dividend?
Yes, Shanghai Mechanical & Electrical Industry has a history of paying dividends to its shareholders. Shanghai Mechanical & Electrical Industry is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shanghai Mechanical & Electrical Industry dividend stocks?
To buy Shanghai Mechanical & Electrical Industry 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 Mechanical & Electrical Industry 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 Mechanical & Electrical Industry pay dividends 2024?
Shanghai Mechanical & Electrical Industry pays dividends on a semi annually basis. 2024 dividend payments are in 2024-11-06. 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 Mechanical & Electrical Industry increase its dividend in 2024?
Decisions regarding Shanghai Mechanical & Electrical Industry 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 Mechanical & Electrical Industry dividend overview you can look into the above table of dividend history.
How Shanghai Mechanical & Electrical Industry dividend works?
The Shanghai Mechanical & Electrical Industry 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 Mechanical & Electrical Industry's dividend process works:

1. Determination of Dividend: Shanghai Mechanical & Electrical Industry'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 Mechanical & Electrical Industry 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 Mechanical & Electrical Industry 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 Mechanical & Electrical Industry 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 Mechanical & Electrical Industry dividends paid?
Shanghai Mechanical & Electrical Industry dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Shanghai Mechanical & Electrical Industry 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 Mechanical & Electrical Industry 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 Mechanical & Electrical Industry 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 Mechanical & Electrical Industry pay dividends?
Shanghai Mechanical & Electrical Industry 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 Shanghai Mechanical & Electrical Industry pay dividends?
The general pattern is that Shanghai Mechanical & Electrical Industry pays dividends around July. 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 Mechanical & Electrical Industry dividend safe?
The safety of Shanghai Mechanical & Electrical Industry'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 Mechanical & Electrical Industry'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 Mechanical & Electrical Industry'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.