Sichuan Zigong Conveying Machine Group Co., Ltd. designs and manufactures conveying machinery for material handling solutions in China. Its products include belt, pipe, bucket, screw, chain, and curved belt conveyors; drive and holdback units; and bucket elevators, gearboxes, backstops, etc. The company's products are used in various fields covering electric power, steel and iron, coal, transportation, hydropower, chemicals, metallurgy, petroleum, building material, etc. It exports its products to India, Nigeria, Senegal, Pakistan, Indonesia, Laos, Vietnam, Malaysia, the United States, Mali, Myanmar, and internationally. The company was founded in 2003 and is based in Zigong, China.
• Sichuan Zigong Conveying Machine announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-05-10. Ex dividend date: 2024-05-10 • Sichuan Zigong Conveying Machine annual dividend for 2024 was ¥0.25 • Sichuan Zigong Conveying Machine annual dividend for 2023 was ¥0.10 • Sichuan Zigong Conveying Machine's trailing twelve-month (TTM) dividend yield is 0.77% • Sichuan Zigong Conveying Machine's payout ratio for the trailing twelve months (TTM) is 33.93%
Sichuan Zigong Conveying Machine Dividend per year
Sichuan Zigong Conveying Machine Dividend growth
Sichuan Zigong Conveying Machine Dividend Yield
Sichuan Zigong Conveying Machine current trailing twelve-month (TTM) dividend yield is 0.77%. Interested in purchasing Sichuan Zigong Conveying Machine stock? Use our calculator to estimate your expected dividend yield:
Sichuan Zigong Conveying Machine Financial Ratios
P/E ratio44.54
PEG ratio16.43
P/B ratio2.47
ROE5.60%
Payout ratio33.93%
Current ratio3.07
Quick ratio2.81
Cash Ratio1.06
Sichuan Zigong Conveying Machine Dividend FAQ
How much is the next Sichuan Zigong Conveying Machine dividend?
Sichuan Zigong Conveying Machine's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sichuan Zigong Conveying Machine dividend. The next Sichuan Zigong Conveying Machine dividend will be released in April.
When is Sichuan Zigong Conveying Machine dividend paid?
Sichuan Zigong Conveying Machine pays dividends on a annually basis. The specific dates may vary each year but are generally around April. 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 Sichuan Zigong Conveying Machine pay?
The specific amount of Sichuan Zigong Conveying Machine 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 Sichuan Zigong Conveying Machine's dividend history.
Does Sichuan Zigong Conveying Machine stock pay dividends?
Yes, Sichuan Zigong Conveying Machine 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 Sichuan Zigong Conveying Machine's dividend history.
How much dividend does Sichuan Zigong Conveying Machine pay?
Sichuan Zigong Conveying Machine paid ¥0.25 in 2024, ¥0.1 in 2023, ¥0.1 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Sichuan Zigong Conveying Machine pay dividends?
Sichuan Zigong Conveying Machine 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 April.
What is Sichuan Zigong Conveying Machine's dividend yield?
The current dividend yield for Sichuan Zigong Conveying Machine is 0.77%. 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 Sichuan Zigong Conveying Machine's exact dividend yield.
When does Sichuan Zigong Conveying Machine go ex dividend?
Sichuan Zigong Conveying Machine's ex-dividend date for the latest dividend was on 2024-05-10. Sichuan Zigong Conveying Machine 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 Sichuan Zigong Conveying Machine dividend paid?
Sichuan Zigong Conveying Machine pays dividends on a annually basis, typically around April, but the exact dates can vary each year.
Will Sichuan Zigong Conveying Machine 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 Sichuan Zigong Conveying Machine 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 Sichuan Zigong Conveying Machine dividend per share?
Sichuan Zigong Conveying Machine paid ¥0.25 per share in 2024 and ¥0.1 per share in 2023. The amount of dividend per share that Sichuan Zigong Conveying Machine 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 Sichuan Zigong Conveying Machine 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 Sichuan Zigong Conveying Machine 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 Sichuan Zigong Conveying Machine a dividend stock?
Yes, Sichuan Zigong Conveying Machine is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sichuan Zigong Conveying Machine a good dividend stock?
Whether Sichuan Zigong Conveying Machine is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sichuan Zigong Conveying Machine has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Sichuan Zigong Conveying Machine 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 Sichuan Zigong Conveying Machine pay dividends monthly?
Sichuan Zigong Conveying Machine typically pays dividends on a annually basis.
Does Sichuan Zigong Conveying Machine pay dividends quarterly?
Sichuan Zigong Conveying Machine currently pays dividends on a annually basis.
Has Sichuan Zigong Conveying Machine ever paid a dividend?
Yes, Sichuan Zigong Conveying Machine has a history of paying dividends to its shareholders. Sichuan Zigong Conveying Machine is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sichuan Zigong Conveying Machine dividend stocks?
To buy Sichuan Zigong Conveying Machine 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 Sichuan Zigong Conveying Machine 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 Sichuan Zigong Conveying Machine pay dividends 2024?
Sichuan Zigong Conveying Machine pays dividends on a annually basis. 2024 dividend payments are in 2024-05-10. 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 Sichuan Zigong Conveying Machine increase its dividend in 2024?
Decisions regarding Sichuan Zigong Conveying Machine 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 Sichuan Zigong Conveying Machine dividend overview you can look into the above table of dividend history.
How Sichuan Zigong Conveying Machine dividend works?
The Sichuan Zigong Conveying Machine 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 Sichuan Zigong Conveying Machine's dividend process works:
1. Determination of Dividend: Sichuan Zigong Conveying Machine'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, Sichuan Zigong Conveying Machine 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, Sichuan Zigong Conveying Machine 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 Sichuan Zigong Conveying Machine 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 Sichuan Zigong Conveying Machine dividends paid?
Sichuan Zigong Conveying Machine dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Sichuan Zigong Conveying Machine 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, Sichuan Zigong Conveying Machine distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sichuan Zigong Conveying Machine 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 Sichuan Zigong Conveying Machine pay dividends?
Sichuan Zigong Conveying Machine 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 Sichuan Zigong Conveying Machine pay dividends?
The general pattern is that Sichuan Zigong Conveying Machine pays dividends around April. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sichuan Zigong Conveying Machine dividend safe?
The safety of Sichuan Zigong Conveying Machine'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 Sichuan Zigong Conveying Machine'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 Sichuan Zigong Conveying Machine'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.