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Sinomach Precision Industry Co., Ltd. researches, develops, manufactures, and sells bearings and related parts in China. It offers ordinary and consolidated abrasives; super hard material products; coated abrasives; and testing and industry specific equipment. It serves aerospace, automotive and rail transportation, energy and environmental protection, marine weapons, machine tools, petrochemicals, electronics, metallurgy, construction, and other industries. The company was formerly known as Luoyang Bearing Science & Technology Co.,Ltd and changed its name to Sinomach Precision Industry Co., Ltd. in December 2020. Sinomach Precision Industry Co., Ltd. was founded in 2001 and is based in Zhengzhou, China.

Sinomach Precision Industry Dividend Announcement

Sinomach Precision Industry announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-06-13. Ex dividend date: 2024-06-13
Sinomach Precision Industry annual dividend for 2024 was ¥0.20
Sinomach Precision Industry annual dividend for 2023 was ¥0.18
Sinomach Precision Industry's trailing twelve-month (TTM) dividend yield is 1.26%
Sinomach Precision Industry's payout ratio for the trailing twelve months (TTM) is 57.52%
Sinomach Precision Industry's dividend growth over the last five years (2018-2023) was 77.66% year

Sinomach Precision Industry Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-13¥0.20annually2024-06-13
2023-06-13¥0.18annually2023-06-13
2022-06-30¥0.10annually2022-06-30
2021-06-30¥0.04annually2021-06-30
2020-06-29¥0.02annually2020-06-29
2019-06-28¥0.01annually2019-06-28
2018-06-22¥0.01annually2018-06-22
2017-06-16¥0.01annually2017-06-16
2015-07-27¥0.01annually
2014-06-05¥0.03annually
2013-06-14¥0.05annually
2012-06-27¥0.09annually

Sinomach Precision Industry Dividend per year

Sinomach Precision Industry Dividend growth

Sinomach Precision Industry Dividend Yield

Sinomach Precision Industry current trailing twelve-month (TTM) dividend yield is 1.26%. Interested in purchasing Sinomach Precision Industry stock? Use our calculator to estimate your expected dividend yield:

Sinomach Precision Industry Financial Ratios

P/E ratio38.06
PEG ratio0.38
P/B ratio2.50
ROE6.65%
Payout ratio57.52%
Current ratio2.03
Quick ratio1.55
Cash Ratio0.29

Sinomach Precision Industry Dividend FAQ

How much is the next Sinomach Precision Industry dividend?
Sinomach Precision 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 Sinomach Precision Industry dividend. The next Sinomach Precision Industry dividend will be released in June.
When is Sinomach Precision Industry dividend paid?
Sinomach Precision Industry 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 Sinomach Precision Industry pay?
The specific amount of Sinomach Precision 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 Sinomach Precision Industry's dividend history.
Does Sinomach Precision Industry stock pay dividends?
Yes, Sinomach Precision 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 Sinomach Precision Industry's dividend history.
How much dividend does Sinomach Precision Industry pay?
Sinomach Precision Industry paid ¥0.2 in 2024, ¥0.177 in 2023, ¥0.101 in 2022, ¥0.045 in 2021, and ¥0.016 in 2020.
How often does Sinomach Precision Industry pay dividends?
Sinomach Precision Industry 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 Sinomach Precision Industry's dividend yield?
The current dividend yield for Sinomach Precision Industry is 1.26%. 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 Sinomach Precision Industry's exact dividend yield.
When does Sinomach Precision Industry go ex dividend?
Sinomach Precision Industry's ex-dividend date for the latest dividend was on 2024-06-13. Sinomach Precision 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 Sinomach Precision Industry dividend paid?
Sinomach Precision Industry pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Sinomach Precision 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 Sinomach Precision 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 Sinomach Precision Industry dividend per share?
Sinomach Precision Industry paid ¥0.2 per share in 2024 and ¥0.177 per share in 2023. The amount of dividend per share that Sinomach Precision 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 Sinomach Precision 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 Sinomach Precision 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 Sinomach Precision Industry a dividend stock?
Yes, Sinomach Precision Industry is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sinomach Precision Industry a good dividend stock?
Whether Sinomach Precision 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. Sinomach Precision Industry has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Sinomach Precision 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 Sinomach Precision Industry pay dividends monthly?
Sinomach Precision Industry typically pays dividends on a annually basis.
Does Sinomach Precision Industry pay dividends quarterly?
Sinomach Precision Industry currently pays dividends on a annually basis.
Has Sinomach Precision Industry ever paid a dividend?
Yes, Sinomach Precision Industry has a history of paying dividends to its shareholders. Sinomach Precision Industry is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sinomach Precision Industry dividend stocks?
To buy Sinomach Precision 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 Sinomach Precision 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 Sinomach Precision Industry pay dividends 2024?
Sinomach Precision Industry pays dividends on a annually basis. 2024 dividend payments are in 2024-06-13. 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 Sinomach Precision Industry increase its dividend in 2024?
Decisions regarding Sinomach Precision 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 Sinomach Precision Industry dividend overview you can look into the above table of dividend history.
How Sinomach Precision Industry dividend works?
The Sinomach Precision 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 Sinomach Precision Industry's dividend process works:

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

1. Record Date: Sinomach Precision 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, Sinomach Precision 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: Sinomach Precision 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 Sinomach Precision Industry pay dividends?
Sinomach Precision Industry 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 Sinomach Precision Industry pay dividends?
The general pattern is that Sinomach Precision Industry 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 Sinomach Precision Industry dividend safe?
The safety of Sinomach Precision 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 Sinomach Precision 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 Sinomach Precision 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.