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Songz Automobile Air Conditioning Co., Ltd. engages in the research, development, manufacture, and marketing of air-conditioners for use in the commercial and passenger vehicles in China. The company offers air-conditioning systems that are used in various types of large and medium-sized passenger vehicles, passenger cars and commercial vehicles, trucks, light-duty buses, rail vehicles, and bus rapid transit system buses, as well as in transport refrigeration. It also provides spare parts, such as compressors, condenser fans, evaporator fans, and accessories. In addition, the company offers repair, maintenance, and technical support services. It also exports its products. The company was founded in 2002 and is headquartered in Shanghai, China.

Songz Automobile Air Conditioning Dividend Announcement

Songz Automobile Air Conditioning announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2024-06-14. Ex dividend date: 2024-06-14
Songz Automobile Air Conditioning annual dividend for 2024 was ¥0.06
Songz Automobile Air Conditioning annual dividend for 2023 was ¥0.03
Songz Automobile Air Conditioning's trailing twelve-month (TTM) dividend yield is 0.86%
Songz Automobile Air Conditioning's payout ratio for the trailing twelve months (TTM) is 78.53%
Songz Automobile Air Conditioning's dividend growth over the last five years (2018-2023) was -21.40% year

Songz Automobile Air Conditioning Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-14¥0.06annually2024-06-14
2023-06-16¥0.03annually2023-06-16
2022-06-28¥0.04annually2022-06-28
2021-05-12¥0.08annually2021-05-12
2020-06-09¥0.06annually2020-06-09
2019-06-03¥0.06annually2019-06-03
2018-05-28¥0.10annually2018-05-28
2017-06-16¥0.10annually2017-06-16
2016-07-15¥0.08annually
2015-06-17¥0.30annually
2014-06-09¥0.30annually
2012-06-27¥0.30annually

Songz Automobile Air Conditioning Dividend per year

Songz Automobile Air Conditioning Dividend growth

Songz Automobile Air Conditioning Dividend Yield

Songz Automobile Air Conditioning current trailing twelve-month (TTM) dividend yield is 0.86%. Interested in purchasing Songz Automobile Air Conditioning stock? Use our calculator to estimate your expected dividend yield:

Songz Automobile Air Conditioning Financial Ratios

P/E ratio41.83
PEG ratio-8.31
P/B ratio1.13
ROE2.72%
Payout ratio78.53%
Current ratio1.87
Quick ratio1.54
Cash Ratio0.31

Songz Automobile Air Conditioning Dividend FAQ

How much is the next Songz Automobile Air Conditioning dividend?
Songz Automobile Air Conditioning's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Songz Automobile Air Conditioning dividend. The next Songz Automobile Air Conditioning dividend will be released in June.
When is Songz Automobile Air Conditioning dividend paid?
Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning pay?
The specific amount of Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning's dividend history.
Does Songz Automobile Air Conditioning stock pay dividends?
Yes, Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning's dividend history.
How much dividend does Songz Automobile Air Conditioning pay?
Songz Automobile Air Conditioning paid ¥0.06 in 2024, ¥0.03 in 2023, ¥0.04 in 2022, ¥0.08 in 2021, and ¥0.06 in 2020.
How often does Songz Automobile Air Conditioning pay dividends?
Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning's dividend yield?
The current dividend yield for Songz Automobile Air Conditioning is 0.86%. 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 Songz Automobile Air Conditioning's exact dividend yield.
When does Songz Automobile Air Conditioning go ex dividend?
Songz Automobile Air Conditioning's ex-dividend date for the latest dividend was on 2024-06-14. Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning dividend paid?
Songz Automobile Air Conditioning pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning dividend per share?
Songz Automobile Air Conditioning paid ¥0.06 per share in 2024 and ¥0.03 per share in 2023. The amount of dividend per share that Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning a dividend stock?
Yes, Songz Automobile Air Conditioning is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Songz Automobile Air Conditioning a good dividend stock?
Whether Songz Automobile Air Conditioning is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Songz Automobile Air Conditioning has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning pay dividends monthly?
Songz Automobile Air Conditioning typically pays dividends on a annually basis.
Does Songz Automobile Air Conditioning pay dividends quarterly?
Songz Automobile Air Conditioning currently pays dividends on a annually basis.
Has Songz Automobile Air Conditioning ever paid a dividend?
Yes, Songz Automobile Air Conditioning has a history of paying dividends to its shareholders. Songz Automobile Air Conditioning is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Songz Automobile Air Conditioning dividend stocks?
To buy Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning pay dividends 2024?
Songz Automobile Air Conditioning pays dividends on a annually basis. 2024 dividend payments are in 2024-06-14. 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 Songz Automobile Air Conditioning increase its dividend in 2024?
Decisions regarding Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning dividend overview you can look into the above table of dividend history.
How Songz Automobile Air Conditioning dividend works?
The Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning's dividend process works:

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

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

3. Currency: Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning pay dividends?
Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning pay dividends?
The general pattern is that Songz Automobile Air Conditioning 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 Songz Automobile Air Conditioning dividend safe?
The safety of Songz Automobile Air Conditioning'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 Songz Automobile Air Conditioning'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 Songz Automobile Air Conditioning'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.