company-logo

Suzhou Douson Drilling&Production Equipment Co., Ltd. manufactures and sells drilling and production equipment to the oil, gas, and chemical industries in China, the United States, Canada, Spain, the United Kingdom, Australia, the Middle East, and Russia. The company offers wellhead equipment, oil and gas production and testing devices, various valves and actuators, manifolds, BOP products, and subsea valves and connectors. Suzhou Douson Drilling&Production Equipment Co., Ltd. was founded in 2001 and is headquartered in Suzhou, China.

Suzhou Douson Drilling & Production Equipment Dividend Announcement

Suzhou Douson Drilling & Production Equipment announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-06-13. Ex dividend date: 2024-06-13
Suzhou Douson Drilling & Production Equipment annual dividend for 2024 was ¥0.15
Suzhou Douson Drilling & Production Equipment's trailing twelve-month (TTM) dividend yield is 0.7%
Suzhou Douson Drilling & Production Equipment's payout ratio for the trailing twelve months (TTM) is 55.00%

Suzhou Douson Drilling & Production Equipment Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-13¥0.15annually2024-06-13
2021-06-17¥0.01annually2021-06-17
2020-06-09¥0.50annually2020-06-09
2019-05-22¥0.50annually2019-05-22
2018-06-11¥0.10annually2018-06-11
2016-05-31¥0.10annually

Suzhou Douson Drilling & Production Equipment Dividend per year

Suzhou Douson Drilling & Production Equipment Dividend growth

Suzhou Douson Drilling & Production Equipment Dividend Yield

Suzhou Douson Drilling & Production Equipment current trailing twelve-month (TTM) dividend yield is 0.7%. Interested in purchasing Suzhou Douson Drilling & Production Equipment stock? Use our calculator to estimate your expected dividend yield:

Suzhou Douson Drilling & Production Equipment Financial Ratios

P/E ratio20.37
PEG ratio0.89
P/B ratio5.53
ROE27.99%
Payout ratio55.00%
Current ratio1.30
Quick ratio0.83
Cash Ratio0.30

Suzhou Douson Drilling & Production Equipment Dividend FAQ

How much is the next Suzhou Douson Drilling & Production Equipment dividend?
Suzhou Douson Drilling & Production Equipment's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Suzhou Douson Drilling & Production Equipment dividend. The next Suzhou Douson Drilling & Production Equipment dividend will be released in .
When is Suzhou Douson Drilling & Production Equipment dividend paid?
Suzhou Douson Drilling & Production Equipment pays dividends on a annually basis. The specific dates may vary each year but are generally around . 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 Suzhou Douson Drilling & Production Equipment pay?
The specific amount of Suzhou Douson Drilling & Production Equipment 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 Suzhou Douson Drilling & Production Equipment's dividend history.
Does Suzhou Douson Drilling & Production Equipment stock pay dividends?
Yes, Suzhou Douson Drilling & Production Equipment 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 Suzhou Douson Drilling & Production Equipment's dividend history.
How much dividend does Suzhou Douson Drilling & Production Equipment pay?
Suzhou Douson Drilling & Production Equipment paid ¥0.15 in 2024, ¥0.0 in 2023, ¥0.0 in 2022, ¥0.007 in 2021, and ¥0.5 in 2020.
How often does Suzhou Douson Drilling & Production Equipment pay dividends?
Suzhou Douson Drilling & Production Equipment 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 .
What is Suzhou Douson Drilling & Production Equipment's dividend yield?
The current dividend yield for Suzhou Douson Drilling & Production Equipment is 0.7%. 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 Suzhou Douson Drilling & Production Equipment's exact dividend yield.
When does Suzhou Douson Drilling & Production Equipment go ex dividend?
Suzhou Douson Drilling & Production Equipment's ex-dividend date for the latest dividend was on 2024-06-13. Suzhou Douson Drilling & Production Equipment 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 Suzhou Douson Drilling & Production Equipment dividend paid?
Suzhou Douson Drilling & Production Equipment pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Suzhou Douson Drilling & Production Equipment 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 Suzhou Douson Drilling & Production Equipment 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 Suzhou Douson Drilling & Production Equipment dividend per share?
Suzhou Douson Drilling & Production Equipment paid ¥0.15 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Suzhou Douson Drilling & Production Equipment 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 Suzhou Douson Drilling & Production Equipment 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 Suzhou Douson Drilling & Production Equipment 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 Suzhou Douson Drilling & Production Equipment a dividend stock?
Yes, Suzhou Douson Drilling & Production Equipment is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Suzhou Douson Drilling & Production Equipment a good dividend stock?
Whether Suzhou Douson Drilling & Production Equipment is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Suzhou Douson Drilling & Production Equipment has a history of paying regular dividends, which can make it attractive to income-focused investors.

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

1. Determination of Dividend: Suzhou Douson Drilling & Production Equipment'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, Suzhou Douson Drilling & Production Equipment 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, Suzhou Douson Drilling & Production Equipment 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 Suzhou Douson Drilling & Production Equipment 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 Suzhou Douson Drilling & Production Equipment dividends paid?
Suzhou Douson Drilling & Production Equipment dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Suzhou Douson Drilling & Production Equipment 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, Suzhou Douson Drilling & Production Equipment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Suzhou Douson Drilling & Production Equipment 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 Suzhou Douson Drilling & Production Equipment pay dividends?
Suzhou Douson Drilling & Production Equipment 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 Suzhou Douson Drilling & Production Equipment pay dividends?
The general pattern is that Suzhou Douson Drilling & Production Equipment pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Suzhou Douson Drilling & Production Equipment dividend safe?
The safety of Suzhou Douson Drilling & Production Equipment'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 Suzhou Douson Drilling & Production Equipment'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 Suzhou Douson Drilling & Production Equipment'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.