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Suzhou Veichi Electric Co., Ltd. engages in the development, manufacture, and marketing of industrial automation control products and system solutions in China and internationally. The company provides a range of electrical products, such as low voltage drives, medium voltage drives, multi-motor drives, four-quadrant inverters, and VFD accessories; servo systems, motion controllers, PLC, and HMI; and solar water pump inverters, solar water pumps, off grid solar inverters, battery test systems, and EV controllers. It also offers industry-specific drives, including construction lifting integrated machines, compressors, hydraulic servo, machine tool, water jet weaving electrical control systems, HVLS fan drives, tension control inverters, drawing machines, and pump drive and motors. The company's products are used in various fields, such as lifting, machine tools, green energy, motion control, petroleum, chemical, ceramics, metal products, wire and cable, plastic, mining, metallurgy, printing and packaging, textile and chemical fiber, metallurgy, coal, municipal, power, and others. Suzhou Veichi Electric Co., Ltd. was founded in 2005 and is headquartered in Suzhou, China.

Suzhou Veichi Electric Dividend Announcement

Suzhou Veichi Electric announced a semi annually dividend of ¥0.14 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-10-25
Suzhou Veichi Electric annual dividend for 2024 was ¥0.42
Suzhou Veichi Electric annual dividend for 2023 was ¥0.25
Suzhou Veichi Electric's trailing twelve-month (TTM) dividend yield is 1.22%
Suzhou Veichi Electric's payout ratio for the trailing twelve months (TTM) is 48.20%

Suzhou Veichi Electric Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-25¥0.14semi annually2024-10-25
2024-05-22¥0.28semi annually2024-05-22
2023-06-02¥0.25semi annually2023-06-02
2022-06-01¥0.18semi annually2022-06-01
2021-05-26¥0.12semi annually2021-05-26

Suzhou Veichi Electric Dividend per year

Suzhou Veichi Electric Dividend growth

Suzhou Veichi Electric Dividend Yield

Suzhou Veichi Electric current trailing twelve-month (TTM) dividend yield is 1.22%. Interested in purchasing Suzhou Veichi Electric stock? Use our calculator to estimate your expected dividend yield:

Suzhou Veichi Electric Financial Ratios

P/E ratio29.43
PEG ratio0.97
P/B ratio3.45
ROE12.18%
Payout ratio48.20%
Current ratio2.05
Quick ratio1.60
Cash Ratio0.26

Suzhou Veichi Electric Dividend FAQ

How much is the next Suzhou Veichi Electric dividend?
Suzhou Veichi Electric'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 Veichi Electric dividend. The next Suzhou Veichi Electric dividend will be released in June.
When is Suzhou Veichi Electric dividend paid?
Suzhou Veichi Electric pays dividends on a semi 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 Suzhou Veichi Electric pay?
The specific amount of Suzhou Veichi Electric 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 Veichi Electric's dividend history.
Does Suzhou Veichi Electric stock pay dividends?
Yes, Suzhou Veichi Electric 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 Veichi Electric's dividend history.
How much dividend does Suzhou Veichi Electric pay?
Suzhou Veichi Electric paid ¥0.422 in 2024, ¥0.249 in 2023, ¥0.176 in 2022, ¥0.122 in 2021, and ¥0.0 in 2020.
How often does Suzhou Veichi Electric pay dividends?
Suzhou Veichi Electric typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June.
What is Suzhou Veichi Electric's dividend yield?
The current dividend yield for Suzhou Veichi Electric is 1.22%. 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 Veichi Electric's exact dividend yield.
When does Suzhou Veichi Electric go ex dividend?
Suzhou Veichi Electric's ex-dividend date for the latest dividend was on 2024-10-25. Suzhou Veichi Electric 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 Veichi Electric dividend paid?
Suzhou Veichi Electric pays dividends on a semi annually basis, typically around June, but the exact dates can vary each year.
Will Suzhou Veichi Electric 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 Veichi Electric 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 Veichi Electric dividend per share?
Suzhou Veichi Electric paid ¥0.422 per share in 2024 and ¥0.249 per share in 2023. The amount of dividend per share that Suzhou Veichi Electric 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 Veichi Electric 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 Veichi Electric 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 Veichi Electric a dividend stock?
Yes, Suzhou Veichi Electric is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Suzhou Veichi Electric a good dividend stock?
Whether Suzhou Veichi Electric 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 Veichi Electric has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Suzhou Veichi Electric 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 Veichi Electric pay dividends monthly?
Suzhou Veichi Electric typically pays dividends on a semi annually basis.
Does Suzhou Veichi Electric pay dividends quarterly?
Suzhou Veichi Electric currently pays dividends on a semi annually basis.
Has Suzhou Veichi Electric ever paid a dividend?
Yes, Suzhou Veichi Electric has a history of paying dividends to its shareholders. Suzhou Veichi Electric is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Suzhou Veichi Electric dividend stocks?
To buy Suzhou Veichi Electric 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 Veichi Electric 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 Veichi Electric pay dividends 2024?
Suzhou Veichi Electric pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-25. 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 Veichi Electric increase its dividend in 2024?
Decisions regarding Suzhou Veichi Electric 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 Veichi Electric dividend overview you can look into the above table of dividend history.
How Suzhou Veichi Electric dividend works?
The Suzhou Veichi Electric 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 Veichi Electric's dividend process works:

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

1. Record Date: Suzhou Veichi Electric 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 Veichi Electric 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 Veichi Electric 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 Veichi Electric pay dividends?
Suzhou Veichi Electric typically pays dividends on a semi 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 Veichi Electric pay dividends?
The general pattern is that Suzhou Veichi Electric 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 Suzhou Veichi Electric dividend safe?
The safety of Suzhou Veichi Electric'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 Veichi Electric'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 Veichi Electric'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.