company-logo

Shenzhen Megmeet Electrical Co., LTD engages in the research and development, production, sales, and services of hardware, software, and system solutions for electrical automation in China. The company offers industrial power supply products, including 5G communication and medical power supply; and industrial automation process for use in machinery manufacturing, electric power, construction, and transportation fields. It also provides smart home appliances consisting of display power supply, smart sanitary ware, flat panel and commercial display, and inverter household appliances; new energy vehicles and charging piles; and rail transit products. The company's products are used in commercial displays, frequency conversion household appliances, smart bathrooms, medical treatment, communications, smart equipment, new energy vehicles, rail transit, smart oil production, and various other consumer and industrial industries. It also operates in the United States, Sweden, Germany, India, and Thailand, and internationally. Shenzhen Megmeet Electrical Co., LTD is based in Shenzhen, China.

Shenzhen Megmeet Electrical Dividend Announcement

Shenzhen Megmeet Electrical announced a annually dividend of ¥0.22 per ordinary share which will be made payable on 2024-07-16. Ex dividend date: 2024-07-16
Shenzhen Megmeet Electrical annual dividend for 2024 was ¥0.22
Shenzhen Megmeet Electrical annual dividend for 2023 was ¥0.05
Shenzhen Megmeet Electrical 's trailing twelve-month (TTM) dividend yield is 0.51%
Shenzhen Megmeet Electrical 's payout ratio for the trailing twelve months (TTM) is 41.38%
Shenzhen Megmeet Electrical 's dividend growth over the last five years (2018-2023) was -19.73% year

Shenzhen Megmeet Electrical Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-16¥0.22annually2024-07-16
2023-06-06¥0.05annually2023-06-06
2022-06-21¥0.16annually2022-06-21
2021-06-24¥0.17annually2021-06-24
2020-06-23¥0.16annually2020-06-23
2019-05-23¥0.13annually2019-05-23
2018-05-22¥0.15annually2018-05-22

Shenzhen Megmeet Electrical Dividend per year

Shenzhen Megmeet Electrical Dividend growth

Shenzhen Megmeet Electrical Dividend Yield

Shenzhen Megmeet Electrical current trailing twelve-month (TTM) dividend yield is 0.51%. Interested in purchasing Shenzhen Megmeet Electrical stock? Use our calculator to estimate your expected dividend yield:

Shenzhen Megmeet Electrical Financial Ratios

P/E ratio38.46
PEG ratio0.39
P/B ratio4.51
ROE12.12%
Payout ratio41.38%
Current ratio1.39
Quick ratio0.96
Cash Ratio0.25

Shenzhen Megmeet Electrical Dividend FAQ

How much is the next Shenzhen Megmeet Electrical dividend?
Shenzhen Megmeet Electrical '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 Megmeet Electrical dividend. The next Shenzhen Megmeet Electrical dividend will be released in June.
When is Shenzhen Megmeet Electrical dividend paid?
Shenzhen Megmeet Electrical 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 Megmeet Electrical pay?
The specific amount of Shenzhen Megmeet Electrical 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 Megmeet Electrical 's dividend history.
Does Shenzhen Megmeet Electrical stock pay dividends?
Yes, Shenzhen Megmeet Electrical 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 Megmeet Electrical 's dividend history.
How much dividend does Shenzhen Megmeet Electrical pay?
Shenzhen Megmeet Electrical paid ¥0.218 in 2024, ¥0.05 in 2023, ¥0.16 in 2022, ¥0.17 in 2021, and ¥0.16 in 2020.
How often does Shenzhen Megmeet Electrical pay dividends?
Shenzhen Megmeet Electrical 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 Megmeet Electrical 's dividend yield?
The current dividend yield for Shenzhen Megmeet Electrical is 0.51%. 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 Megmeet Electrical 's exact dividend yield.
When does Shenzhen Megmeet Electrical go ex dividend?
Shenzhen Megmeet Electrical 's ex-dividend date for the latest dividend was on 2024-07-16. Shenzhen Megmeet Electrical 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 Megmeet Electrical dividend paid?
Shenzhen Megmeet Electrical pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Shenzhen Megmeet Electrical 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 Megmeet Electrical 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 Megmeet Electrical dividend per share?
Shenzhen Megmeet Electrical paid ¥0.218 per share in 2024 and ¥0.05 per share in 2023. The amount of dividend per share that Shenzhen Megmeet Electrical 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 Megmeet Electrical 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 Megmeet Electrical 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 Megmeet Electrical a dividend stock?
Yes, Shenzhen Megmeet Electrical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shenzhen Megmeet Electrical a good dividend stock?
Whether Shenzhen Megmeet Electrical 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 Megmeet Electrical has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Shenzhen Megmeet Electrical 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 Megmeet Electrical pay dividends monthly?
Shenzhen Megmeet Electrical typically pays dividends on a annually basis.
Does Shenzhen Megmeet Electrical pay dividends quarterly?
Shenzhen Megmeet Electrical currently pays dividends on a annually basis.
Has Shenzhen Megmeet Electrical ever paid a dividend?
Yes, Shenzhen Megmeet Electrical has a history of paying dividends to its shareholders. Shenzhen Megmeet Electrical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shenzhen Megmeet Electrical dividend stocks?
To buy Shenzhen Megmeet Electrical 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 Megmeet Electrical 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 Megmeet Electrical pay dividends 2024?
Shenzhen Megmeet Electrical pays dividends on a annually basis. 2024 dividend payments are in 2024-07-16. 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 Megmeet Electrical increase its dividend in 2024?
Decisions regarding Shenzhen Megmeet Electrical 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 Megmeet Electrical dividend overview you can look into the above table of dividend history.
How Shenzhen Megmeet Electrical dividend works?
The Shenzhen Megmeet Electrical 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 Megmeet Electrical 's dividend process works:

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

1. Record Date: Shenzhen Megmeet Electrical 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 Megmeet Electrical 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 Megmeet Electrical 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 Megmeet Electrical pay dividends?
Shenzhen Megmeet Electrical 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 Megmeet Electrical pay dividends?
The general pattern is that Shenzhen Megmeet Electrical 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 Megmeet Electrical dividend safe?
The safety of Shenzhen Megmeet Electrical '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 Megmeet Electrical '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 Megmeet Electrical '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.