Tongling Jingda Special Magnet Wire Co., Ltd. manufactures and sells special magnet wires in China. The company provides round polyimide, polyamide-imide, self-lubricated multi-layer composite, solderable polyester, and polyvinyl formal (PVF) enameled copper wires; round enameled copper wires for DC inverter compressors; round multi-layer composite enameled copper wires for compressor of HFC air-conditioners; and round composite enameled copper wires for R134a compressors. It also offers round polyurethane enameled aluminum wires; round enameled aluminum wires for HFC 134a refrigerating compressors; round polyesterimide/polyamideimide composite, polyesterimide, and polyestermide enameled aluminum wires; and round corona resistant enameled copper and aluminum wires for inverter motors. In addition, the company provides automobile wires, such as single line tinned wires, multi-line bare and tinned copper wires, and bunched bare copper wires; and special conductors, including multi-line silver plated copper wires, heating conductors, and alloy conductors, as well as bunched tinned, silver plated, and nickel-plated copper wires. Further, it offers various rod materials comprising oxygen free copper rods, electrical round aluminum rods, bare copper wires, and aluminum wires; and natural diamond/polycrystal drawing dies and polycrystal enameling dies. Its products used in household appliances, electronics, automobiles, electric power, communication, and power tools industries. The company also exports its products to Europe and South Asia. Tongling Jingda Special Magnet Wire Co., Ltd. was founded in 1990 and is based in Tongling, China.
Tongling Jingda Special Magnet Wire Dividend Announcement
• Tongling Jingda Special Magnet Wire announced a semi annually dividend of ¥0.04 per ordinary share which will be made payable on 2024-09-19. Ex dividend date: 2024-09-19
• Tongling Jingda Special Magnet Wire annual dividend for 2024 was ¥0.17
• Tongling Jingda Special Magnet Wire annual dividend for 2023 was ¥0.12
• Tongling Jingda Special Magnet Wire's trailing twelve-month (TTM) dividend yield is 3.15%
• Tongling Jingda Special Magnet Wire's payout ratio for the trailing twelve months (TTM) is 155.62%
• Tongling Jingda Special Magnet Wire's dividend growth over the last five years (2018-2023) was 8.45% year
• Tongling Jingda Special Magnet Wire's dividend growth over the last ten years (2013-2023) was 19.62% year
Tongling Jingda Special Magnet Wire Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-19 | ¥0.04 | semi annually | 2024-09-19 |
| 2024-04-26 | ¥0.13 | semi annually | 2024-04-26 |
| 2023-05-04 | ¥0.12 | semi annually | 2023-05-04 |
| 2022-05-31 | ¥0.03 | semi annually | 2022-05-31 |
| 2021-04-26 | ¥0.02 | semi annually | 2021-04-26 |
| 2020-09-28 | ¥0.05 | semi annually | 2020-09-28 |
| 2020-05-11 | ¥0.07 | semi annually | 2020-05-11 |
| 2019-06-12 | ¥0.04 | semi annually | 2019-06-12 |
| 2018-04-27 | ¥0.08 | semi annually | 2018-04-27 |
| 2017-09-13 | ¥0.05 | semi annually | 2017-09-13 |
| 2017-05-11 | ¥0.08 | semi annually | 2017-05-11 |
| 2016-05-12 | ¥0.06 | semi annually | |
| 2015-06-11 | ¥0.10 | semi annually | |
| 2014-04-18 | ¥0.02 | semi annually | |
| 2013-05-17 | ¥0.02 | semi annually |
Tongling Jingda Special Magnet Wire Dividend per year
Tongling Jingda Special Magnet Wire Dividend growth
Tongling Jingda Special Magnet Wire Dividend Yield
Tongling Jingda Special Magnet Wire current trailing twelve-month (TTM) dividend yield is 3.15%. Interested in purchasing Tongling Jingda Special Magnet Wire stock? Use our calculator to estimate your expected dividend yield:
Tongling Jingda Special Magnet Wire Financial Ratios
P/E ratio21.25
PEG ratio3.10
P/B ratio2.08
ROE9.94%
Payout ratio155.62%
Current ratio1.55
Quick ratio1.24
Cash Ratio0.25
Tongling Jingda Special Magnet Wire Dividend FAQ
How much is the next Tongling Jingda Special Magnet Wire dividend?
Tongling Jingda Special Magnet Wire's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tongling Jingda Special Magnet Wire dividend. The next Tongling Jingda Special Magnet Wire dividend will be released in May.
When is Tongling Jingda Special Magnet Wire dividend paid?
Tongling Jingda Special Magnet Wire pays dividends on a semi annually basis. The specific dates may vary each year but are generally around May. 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 Tongling Jingda Special Magnet Wire pay?
The specific amount of Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire's dividend history.
Does Tongling Jingda Special Magnet Wire stock pay dividends?
Yes, Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire's dividend history.
How much dividend does Tongling Jingda Special Magnet Wire pay?
Tongling Jingda Special Magnet Wire paid ¥0.17 in 2024, ¥0.12 in 2023, ¥0.03 in 2022, ¥0.02 in 2021, and ¥0.12 in 2020.
How often does Tongling Jingda Special Magnet Wire pay dividends?
Tongling Jingda Special Magnet Wire 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 May.
What is Tongling Jingda Special Magnet Wire's dividend yield?
The current dividend yield for Tongling Jingda Special Magnet Wire is 3.15%. 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 Tongling Jingda Special Magnet Wire's exact dividend yield.
When does Tongling Jingda Special Magnet Wire go ex dividend?
Tongling Jingda Special Magnet Wire's ex-dividend date for the latest dividend was on 2024-09-19. Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire dividend paid?
Tongling Jingda Special Magnet Wire pays dividends on a semi annually basis, typically around May, but the exact dates can vary each year.
Will Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire dividend per share?
Tongling Jingda Special Magnet Wire paid ¥0.17 per share in 2024 and ¥0.12 per share in 2023. The amount of dividend per share that Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire a dividend stock?
Yes, Tongling Jingda Special Magnet Wire is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tongling Jingda Special Magnet Wire a good dividend stock?
Whether Tongling Jingda Special Magnet Wire is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tongling Jingda Special Magnet Wire has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Tongling Jingda Special Magnet Wire 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.
Other factors to consider when evaluating Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire pay dividends monthly?
Tongling Jingda Special Magnet Wire typically pays dividends on a semi annually basis.
Does Tongling Jingda Special Magnet Wire pay dividends quarterly?
Tongling Jingda Special Magnet Wire currently pays dividends on a semi annually basis.
Has Tongling Jingda Special Magnet Wire ever paid a dividend?
Yes, Tongling Jingda Special Magnet Wire has a history of paying dividends to its shareholders. Tongling Jingda Special Magnet Wire is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tongling Jingda Special Magnet Wire dividend stocks?
To buy Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire 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.
Place an order: Use the brokerage's trading platform to place an order to buy Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire pay dividends 2024?
Tongling Jingda Special Magnet Wire pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-19. 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 Tongling Jingda Special Magnet Wire increase its dividend in 2024?
Decisions regarding Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire dividend overview you can look into the above table of dividend history.
How Tongling Jingda Special Magnet Wire dividend works?
The Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire's dividend process works:
1. Determination of Dividend: Tongling Jingda Special Magnet Wire'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, Tongling Jingda Special Magnet Wire 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, Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire 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.
1. Determination of Dividend: Tongling Jingda Special Magnet Wire'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, Tongling Jingda Special Magnet Wire 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, Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire dividends paid?
Tongling Jingda Special Magnet Wire dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Tongling Jingda Special Magnet Wire 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, Tongling Jingda Special Magnet Wire distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tongling Jingda Special Magnet Wire 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.
1. Record Date: Tongling Jingda Special Magnet Wire 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, Tongling Jingda Special Magnet Wire distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire pay dividends?
Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire pay dividends?
The general pattern is that Tongling Jingda Special Magnet Wire pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Tongling Jingda Special Magnet Wire dividend safe?
The safety of Tongling Jingda Special Magnet Wire'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 Tongling Jingda Special Magnet Wire'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 Tongling Jingda Special Magnet Wire'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.
To assess the safety of Tongling Jingda Special Magnet Wire'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 Tongling Jingda Special Magnet Wire'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.