Shenzhen Maxonic Automation Control Co., Ltd. engages in contracting and distribution of automation process control products worldwide. Its products include electric and pneumatic actuators, flow and level measuring instruments, positioners, signal conditioners, temperature controllers, and valves. The company also provides technical solutions. It serves power plant, chemical and petrochemical, iron and steel, paper making, and water treatment industries. The company was founded in 1994 and is headquartered in Shenzhen, China.
Shenzhen Maxonic Automation Control Dividend Announcement
• Shenzhen Maxonic Automation Control announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-06-19. Ex dividend date: 2024-06-19 • Shenzhen Maxonic Automation Control annual dividend for 2024 was ¥0.20 • Shenzhen Maxonic Automation Control annual dividend for 2023 was ¥0.20 • Shenzhen Maxonic Automation Control's trailing twelve-month (TTM) dividend yield is 2.25% • Shenzhen Maxonic Automation Control's payout ratio for the trailing twelve months (TTM) is -5143.30% • Shenzhen Maxonic Automation Control's dividend growth over the last five years (2018-2023) was 10.76% year • Shenzhen Maxonic Automation Control's dividend growth over the last ten years (2013-2023) was 16.09% year
Shenzhen Maxonic Automation Control Dividend History
Shenzhen Maxonic Automation Control Dividend per year
Shenzhen Maxonic Automation Control Dividend growth
Shenzhen Maxonic Automation Control Dividend Yield
Shenzhen Maxonic Automation Control current trailing twelve-month (TTM) dividend yield is 2.25%. Interested in purchasing Shenzhen Maxonic Automation Control stock? Use our calculator to estimate your expected dividend yield:
Shenzhen Maxonic Automation Control Financial Ratios
P/E ratio-1105.77
PEG ratio-121.77
P/B ratio2.20
ROE-0.20%
Payout ratio-5143.30%
Current ratio3.15
Quick ratio2.47
Cash Ratio0.33
Shenzhen Maxonic Automation Control Dividend FAQ
How much is the next Shenzhen Maxonic Automation Control dividend?
Shenzhen Maxonic Automation Control's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shenzhen Maxonic Automation Control dividend. The next Shenzhen Maxonic Automation Control dividend will be released in June.
When is Shenzhen Maxonic Automation Control dividend paid?
Shenzhen Maxonic Automation Control 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 Shenzhen Maxonic Automation Control pay?
The specific amount of Shenzhen Maxonic Automation Control 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 Shenzhen Maxonic Automation Control's dividend history.
Does Shenzhen Maxonic Automation Control stock pay dividends?
Yes, Shenzhen Maxonic Automation Control 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 Shenzhen Maxonic Automation Control's dividend history.
How much dividend does Shenzhen Maxonic Automation Control pay?
Shenzhen Maxonic Automation Control paid ¥0.2 in 2024, ¥0.2 in 2023, ¥0.2 in 2022, ¥0.2 in 2021, and ¥0.12 in 2020.
How often does Shenzhen Maxonic Automation Control pay dividends?
Shenzhen Maxonic Automation Control 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 Shenzhen Maxonic Automation Control's dividend yield?
The current dividend yield for Shenzhen Maxonic Automation Control is 2.25%. 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 Shenzhen Maxonic Automation Control's exact dividend yield.
When does Shenzhen Maxonic Automation Control go ex dividend?
Shenzhen Maxonic Automation Control's ex-dividend date for the latest dividend was on 2024-06-19. Shenzhen Maxonic Automation Control 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 Shenzhen Maxonic Automation Control dividend paid?
Shenzhen Maxonic Automation Control pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Shenzhen Maxonic Automation Control 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 Shenzhen Maxonic Automation Control 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 Shenzhen Maxonic Automation Control dividend per share?
Shenzhen Maxonic Automation Control paid ¥0.2 per share in 2024 and ¥0.2 per share in 2023. The amount of dividend per share that Shenzhen Maxonic Automation Control 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 Shenzhen Maxonic Automation Control 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 Shenzhen Maxonic Automation Control 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 Shenzhen Maxonic Automation Control a dividend stock?
Yes, Shenzhen Maxonic Automation Control is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shenzhen Maxonic Automation Control a good dividend stock?
Whether Shenzhen Maxonic Automation Control is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shenzhen Maxonic Automation Control has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shenzhen Maxonic Automation Control 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 Shenzhen Maxonic Automation Control pay dividends monthly?
Shenzhen Maxonic Automation Control typically pays dividends on a annually basis.
Does Shenzhen Maxonic Automation Control pay dividends quarterly?
Shenzhen Maxonic Automation Control currently pays dividends on a annually basis.
Has Shenzhen Maxonic Automation Control ever paid a dividend?
Yes, Shenzhen Maxonic Automation Control has a history of paying dividends to its shareholders. Shenzhen Maxonic Automation Control is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shenzhen Maxonic Automation Control dividend stocks?
To buy Shenzhen Maxonic Automation Control 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 Shenzhen Maxonic Automation Control 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 Shenzhen Maxonic Automation Control pay dividends 2024?
Shenzhen Maxonic Automation Control pays dividends on a annually basis. 2024 dividend payments are in 2024-06-19. 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 Shenzhen Maxonic Automation Control increase its dividend in 2024?
Decisions regarding Shenzhen Maxonic Automation Control 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 Shenzhen Maxonic Automation Control dividend overview you can look into the above table of dividend history.
How Shenzhen Maxonic Automation Control dividend works?
The Shenzhen Maxonic Automation Control 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 Shenzhen Maxonic Automation Control's dividend process works:
1. Determination of Dividend: Shenzhen Maxonic Automation Control'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, Shenzhen Maxonic Automation Control 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, Shenzhen Maxonic Automation Control 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 Shenzhen Maxonic Automation Control 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 Shenzhen Maxonic Automation Control dividends paid?
Shenzhen Maxonic Automation Control dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shenzhen Maxonic Automation Control 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, Shenzhen Maxonic Automation Control distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shenzhen Maxonic Automation Control 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 Shenzhen Maxonic Automation Control pay dividends?
Shenzhen Maxonic Automation Control 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 Shenzhen Maxonic Automation Control pay dividends?
The general pattern is that Shenzhen Maxonic Automation Control 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 Shenzhen Maxonic Automation Control dividend safe?
The safety of Shenzhen Maxonic Automation Control'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 Shenzhen Maxonic Automation Control'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 Shenzhen Maxonic Automation Control'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.