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Wencan Group Co.,Ltd. researches, develops, manufactures, and sells automobile aluminum alloy precision die castings worldwide. The company's products have applications in engine systems, transmission systems, chassis systems, braking systems, body structure fields, and other auto parts in traditional fuel vehicles and new energy vehicles. It serves vehicle manufacturers and auto parts suppliers. The company was formerly known as Guangdong Wencan Die Casting Co., Ltd. and changed its name to Wencan Group Co.,Ltd. in July 2021. Wencan Group Co.,Ltd. was founded in 1998 and is headquartered in Foshan, China.

Wencan Dividend Announcement

Wencan announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-27
Wencan annual dividend for 2024 was ¥0.15
Wencan annual dividend for 2023 was ¥0.15
Wencan's trailing twelve-month (TTM) dividend yield is 0.6%
Wencan's payout ratio for the trailing twelve months (TTM) is 162.26%

Wencan Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-27¥0.15annually2024-09-27
2023-07-18¥0.15annually2023-07-18
2022-07-08¥0.15annually2022-07-08
2021-06-18¥0.15annually2021-06-18
2020-05-13¥0.15annually2020-05-13
2019-05-17¥0.30annually2019-05-17

Wencan Dividend per year

Wencan Dividend growth

Wencan Dividend Yield

Wencan current trailing twelve-month (TTM) dividend yield is 0.6%. Interested in purchasing Wencan stock? Use our calculator to estimate your expected dividend yield:

Wencan Financial Ratios

P/E ratio79.03
PEG ratio-7.05
P/B ratio1.86
ROE2.82%
Payout ratio162.26%
Current ratio0.95
Quick ratio0.74
Cash Ratio0.24

Wencan Dividend FAQ

How much is the next Wencan dividend?
Wencan's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Wencan dividend. The next Wencan dividend will be released in July.
When is Wencan dividend paid?
Wencan pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Wencan pay?
The specific amount of Wencan 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 Wencan's dividend history.
Does Wencan stock pay dividends?
Yes, Wencan 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 Wencan's dividend history.
How much dividend does Wencan pay?
Wencan paid ¥0.15 in 2024, ¥0.15 in 2023, ¥0.15 in 2022, ¥0.15 in 2021, and ¥0.15 in 2020.
How often does Wencan pay dividends?
Wencan 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 July.
What is Wencan's dividend yield?
The current dividend yield for Wencan is 0.6%. 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 Wencan's exact dividend yield.
When does Wencan go ex dividend?
Wencan's ex-dividend date for the latest dividend was on 2024-09-27. Wencan 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 Wencan dividend paid?
Wencan pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Wencan 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 Wencan 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 Wencan dividend per share?
Wencan paid ¥0.15 per share in 2024 and ¥0.15 per share in 2023. The amount of dividend per share that Wencan 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 Wencan 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 Wencan 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 Wencan a dividend stock?
Yes, Wencan is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Wencan a good dividend stock?
Whether Wencan is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Wencan has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Wencan 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 Wencan pay dividends monthly?
Wencan typically pays dividends on a annually basis.
Does Wencan pay dividends quarterly?
Wencan currently pays dividends on a annually basis.
Has Wencan ever paid a dividend?
Yes, Wencan has a history of paying dividends to its shareholders. Wencan is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Wencan dividend stocks?
To buy Wencan 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 Wencan 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 Wencan pay dividends 2024?
Wencan pays dividends on a annually basis. 2024 dividend payments are in 2024-09-27. 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 Wencan increase its dividend in 2024?
Decisions regarding Wencan 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 Wencan dividend overview you can look into the above table of dividend history.
How Wencan dividend works?
The Wencan 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 Wencan's dividend process works:

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

1. Record Date: Wencan 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, Wencan distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

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