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Shareate Tools Ltd. manufactures and sells cemented carbide products and drilling tools in China. The company offers rock drill tools, including rotary tricone bits, tri-cone drill bits, water well bits, down-the-hole (DTH) hammers, and DTH hammer bits; mining tungsten carbide products, including tungsten carbide insert, carbide substrate, shield machine tool, coal cutter pick, and tungsten carbide tubular electrode; precision components; cutting tools; tungsten carbide die products, such as carbide plates, cold headings, hobs, and powder metallurgy dies; and cermet products. It serves mining, oil drilling, metal cutting, petroleum, aerospace, electronics, shipbuilding, chemical, textile, machinery manufacturing, and other industries. The company exports its products to South America, Africa, Australia, Russia, South Korea, the United States, Canada, and other countries. The company was formerly known as Kingdream Shareate Tools Ltd. and changed its name to Shareate Tools Ltd. in May 2012. Shareate Tools Ltd. was founded in 1973 and is based in Suzhou, China.

Shareate Tools Dividend Announcement

Shareate Tools announced a semi annually dividend of ¥0.06 per ordinary share which will be made payable on 2024-10-09. Ex dividend date: 2024-10-09
Shareate Tools annual dividend for 2024 was ¥0.46
Shareate Tools annual dividend for 2023 was ¥0.50
Shareate Tools's trailing twelve-month (TTM) dividend yield is 2.6%
Shareate Tools's payout ratio for the trailing twelve months (TTM) is 73.15%

Shareate Tools Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-09¥0.06semi annually2024-10-09
2024-06-19¥0.40semi annually2024-06-19
2023-05-30¥0.50semi annually2023-05-30
2022-06-15¥0.50semi annually2022-06-15

Shareate Tools Dividend per year

Shareate Tools Dividend growth

Shareate Tools Dividend Yield

Shareate Tools current trailing twelve-month (TTM) dividend yield is 2.6%. Interested in purchasing Shareate Tools stock? Use our calculator to estimate your expected dividend yield:

Shareate Tools Financial Ratios

P/E ratio21.28
PEG ratio3.85
P/B ratio1.50
ROE7.18%
Payout ratio73.15%
Current ratio1.91
Quick ratio1.40
Cash Ratio0.24

Shareate Tools Dividend FAQ

How much is the next Shareate Tools dividend?
Shareate Tools's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shareate Tools dividend. The next Shareate Tools dividend will be released in May.
When is Shareate Tools dividend paid?
Shareate Tools pays dividends on a semi annually basis. The specific dates may vary each year but are generally around May. 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 Shareate Tools pay?
The specific amount of Shareate Tools 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 Shareate Tools's dividend history.
Does Shareate Tools stock pay dividends?
Yes, Shareate Tools 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 Shareate Tools's dividend history.
How much dividend does Shareate Tools pay?
Shareate Tools paid ¥0.46 in 2024, ¥0.5 in 2023, ¥0.5 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Shareate Tools pay dividends?
Shareate Tools 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 May.
What is Shareate Tools's dividend yield?
The current dividend yield for Shareate Tools is 2.6%. 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 Shareate Tools's exact dividend yield.
When does Shareate Tools go ex dividend?
Shareate Tools's ex-dividend date for the latest dividend was on 2024-10-09. Shareate Tools 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 Shareate Tools dividend paid?
Shareate Tools pays dividends on a semi annually basis, typically around May, but the exact dates can vary each year.
Will Shareate Tools 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 Shareate Tools 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 Shareate Tools dividend per share?
Shareate Tools paid ¥0.46 per share in 2024 and ¥0.5 per share in 2023. The amount of dividend per share that Shareate Tools 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 Shareate Tools 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 Shareate Tools 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 Shareate Tools a dividend stock?
Yes, Shareate Tools is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shareate Tools a good dividend stock?
Whether Shareate Tools is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shareate Tools has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Shareate Tools 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 Shareate Tools pay dividends monthly?
Shareate Tools typically pays dividends on a semi annually basis.
Does Shareate Tools pay dividends quarterly?
Shareate Tools currently pays dividends on a semi annually basis.
Has Shareate Tools ever paid a dividend?
Yes, Shareate Tools has a history of paying dividends to its shareholders. Shareate Tools is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shareate Tools dividend stocks?
To buy Shareate Tools 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 Shareate Tools 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 Shareate Tools pay dividends 2024?
Shareate Tools pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-09. 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 Shareate Tools increase its dividend in 2024?
Decisions regarding Shareate Tools 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 Shareate Tools dividend overview you can look into the above table of dividend history.
How Shareate Tools dividend works?
The Shareate Tools 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 Shareate Tools's dividend process works:

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

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

3. Currency: Shareate Tools 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 Shareate Tools pay dividends?
Shareate Tools 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 Shareate Tools pay dividends?
The general pattern is that Shareate Tools pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Shareate Tools dividend safe?
The safety of Shareate Tools'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 Shareate Tools'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 Shareate Tools'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.