Warom Technology Incorporated Company manufactures and supplies explosion proof lighting fixtures and electrical apparatus in China. The company provides light fittings for fluorescent lamps; LED light fittings; pendant light fittings; floodlights; street lamps/ballasts/hand lamps; and spotlight fittings, as well as installation equipment, such as installation switches, junction boxes, terminal boxes, and plugs and sockets. It also offers control equipment, including position switches, control stations, components for control stations, control unit systems; motor starters and switches; distribution boxes, components for distribution boxes, and empty enclosures; cable glands and bushings, such as accessories for installation, flexible conduits, cable glands, and accessories; and air conditioners, pressurized products, and engineering cabins. In addition, the company provides weatherproof products, such as weatherproof light fittings, office light fittings, street lamps and plaza lights, weatherproof electrical appliances, and weatherproof pipe fittings. Its products are used in various industries, such as oil and gas, chemical, aerospace, coal, electric power, railway, metallurgy, marine, security, fire protection, irrigation, city planning, telecom, mining, offshore, and diving rescue. The company offers its products through a network of agents and distributors in approximately 50 countries comprising Russia, Spain, Turkey, South Africa, Dubai, Vietnam, Thailand, Brazil, and internationally. Warom Technology Incorporated Company was founded in 1987 and is based in Shanghai, China.
Warom Technology Dividend Announcement
• Warom Technology announced a annually dividend of ¥1.00 per ordinary share which will be made payable on 2024-05-17. Ex dividend date: 2024-05-17
• Warom Technology annual dividend for 2024 was ¥1.00
• Warom Technology annual dividend for 2023 was ¥1.00
• Warom Technology 's trailing twelve-month (TTM) dividend yield is 5.11%
• Warom Technology 's payout ratio for the trailing twelve months (TTM) is 71.67%
• Warom Technology 's dividend growth over the last five years (2018-2023) was 20.11% year
Warom Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-17 | ¥1.00 | annually | 2024-05-17 |
2023-06-14 | ¥1.00 | annually | 2023-06-14 |
2022-07-08 | ¥1.00 | annually | 2022-07-08 |
2021-06-17 | ¥0.50 | annually | 2021-06-17 |
2020-11-30 | ¥0.30 | annually | 2020-11-30 |
2020-06-05 | ¥0.20 | annually | 2020-06-05 |
2019-12-03 | ¥0.20 | annually | 2019-12-03 |
2019-05-30 | ¥0.20 | annually | 2019-05-30 |
2018-11-30 | ¥0.20 | annually | 2018-11-30 |
2018-06-21 | ¥0.20 | annually | 2018-06-21 |
Warom Technology Dividend per year
Warom Technology Dividend growth
Warom Technology Dividend Yield
Warom Technology current trailing twelve-month (TTM) dividend yield is 5.11%. Interested in purchasing Warom Technology stock? Use our calculator to estimate your expected dividend yield:
Warom Technology Financial Ratios
Warom Technology Dividend FAQ
Other factors to consider when evaluating Warom Technology 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.
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1. Determination of Dividend: Warom Technology '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, Warom Technology 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, Warom Technology 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 Warom Technology 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. Record Date: Warom Technology 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, Warom Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Warom Technology 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.
To assess the safety of Warom Technology '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 Warom Technology '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.