Weichai Heavy Machinery Co., Ltd. develops, manufactures, and sells diesel engines, generating units, and power integration systems for ship power and power generation equipment in China. It offers marine propulsion engines, generator sets, emergency generator sets, and power plant generator systems. The company also provides spare parts and components, such as rough castings; machined parts for engine bodies, cylinder heads, flywheels, front and bearing covers, connecting rods, and crankshafts; and stamping and welding parts, including oil pans, separators, oil gauge tubes, air compressor return tubings, pipes, cover plates, pipe clips, nozzles, retaining rings, brackets, collector filters, and preseparators. Its products are used in the defense, communication, petroleum, medical treatment, plateau, railway, field education and assistance, agriculture, and animal husbandry fields. The company was founded in 1993 and is based in Weifang, China.
Weichai Heavy Machinery Dividend Announcement
• Weichai Heavy Machinery announced a annually dividend of ¥0.18 per ordinary share which will be made payable on 2024-07-09. Ex dividend date: 2024-07-09
• Weichai Heavy Machinery annual dividend for 2024 was ¥0.18
• Weichai Heavy Machinery annual dividend for 2023 was ¥0.15
• Weichai Heavy Machinery's trailing twelve-month (TTM) dividend yield is 1.74%
• Weichai Heavy Machinery's payout ratio for the trailing twelve months (TTM) is 56.40%
• Weichai Heavy Machinery's dividend growth over the last five years (2018-2023) was 55.18% year
Weichai Heavy Machinery Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-09 | ¥0.18 | annually | 2024-07-09 |
2023-08-14 | ¥0.15 | annually | 2023-08-14 |
2022-08-19 | ¥0.03 | annually | 2022-08-19 |
2021-05-27 | ¥0.04 | annually | 2021-05-27 |
2020-08-14 | ¥0.02 | annually | 2020-08-14 |
2019-08-09 | ¥0.02 | annually | 2019-08-09 |
2018-08-17 | ¥0.02 | annually | 2018-08-17 |
2017-11-09 | ¥0.02 | annually | 2017-11-09 |
2013-06-28 | ¥0.04 | annually | |
2012-06-19 | ¥0.04 | annually | |
2007-04-17 | ¥0.73 | annually | |
2002-06-26 | ¥0.25 | annually |
Weichai Heavy Machinery Dividend per year
Weichai Heavy Machinery Dividend growth
Weichai Heavy Machinery Dividend Yield
Weichai Heavy Machinery current trailing twelve-month (TTM) dividend yield is 1.74%. Interested in purchasing Weichai Heavy Machinery stock? Use our calculator to estimate your expected dividend yield:
Weichai Heavy Machinery Financial Ratios
Weichai Heavy Machinery Dividend FAQ
Other factors to consider when evaluating Weichai Heavy Machinery 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: Weichai Heavy Machinery'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, Weichai Heavy Machinery 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, Weichai Heavy Machinery 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 Weichai Heavy Machinery 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: Weichai Heavy Machinery 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, Weichai Heavy Machinery distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Weichai Heavy Machinery 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 Weichai Heavy Machinery'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 Weichai Heavy Machinery'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.