Western Metal Materials Co., Ltd. processes nonferrous metal and rare metal materials in China and internationally. It offers titanium and titanium alloys, zirconium and zirconium alloys, and other rare metal materials; titanium/steel clad plates, zirconium/steel clad plates, stainless steel/steel clad plates, composite transition joints in aerospace, composite rods, etc.; metal fibers, metal fiber met, multi-layer sintered meshes, powder sintered parts, various metal filters, filter plates, etc.; and towers and reactors, composite materials, and heat exchanging pressure vessels and pipe fittings. The company also provides tantalum, niobium, tungsten, molybdenum, and other refractory metal plates, strips, foils, wires, rods, tubes, and deep processing products; silver alloy control rods, stainless steel and nickel-base alloy and other supporting materials, tantalum niobium alloy and high-performance rare metal electrodes in aerospace, and function materials; and titanium metal materials for the consumer goods industry. Its products are primarily used in various areas, including aviation, spaceflight, navigation, information, electronics, energy, environmental protection, and others. Western Metal Materials Co., Ltd. was founded in 2000 and is based in Xi'an, China.
Western Metal Materials Dividend Announcement
• Western Metal Materials announced a semi annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-11-14. Ex dividend date: 2024-11-14
• Western Metal Materials annual dividend for 2024 was ¥0.25
• Western Metal Materials annual dividend for 2023 was ¥0.20
• Western Metal Materials's trailing twelve-month (TTM) dividend yield is 1.6%
• Western Metal Materials's payout ratio for the trailing twelve months (TTM) is 107.52%
• Western Metal Materials's dividend growth over the last five years (2018-2023) was 17.32% year
Western Metal Materials Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-14 | ¥0.10 | semi annually | 2024-11-14 |
2024-06-24 | ¥0.15 | semi annually | 2024-06-24 |
2023-06-16 | ¥0.20 | semi annually | 2023-06-16 |
2022-07-14 | ¥0.10 | semi annually | 2022-07-14 |
2021-06-18 | ¥0.15 | semi annually | 2021-06-18 |
2020-07-09 | ¥0.10 | semi annually | 2020-07-09 |
2019-06-20 | ¥0.10 | semi annually | 2019-06-20 |
2018-06-15 | ¥0.09 | semi annually | 2018-06-15 |
2013-06-21 | ¥0.05 | semi annually | |
2011-05-26 | ¥0.20 | semi annually | |
2009-08-20 | ¥0.15 | semi annually |
Western Metal Materials Dividend per year
Western Metal Materials Dividend growth
Western Metal Materials Dividend Yield
Western Metal Materials current trailing twelve-month (TTM) dividend yield is 1.6%. Interested in purchasing Western Metal Materials stock? Use our calculator to estimate your expected dividend yield:
Western Metal Materials Financial Ratios
Western Metal Materials Dividend FAQ
Other factors to consider when evaluating Western Metal Materials 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: Western Metal Materials'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, Western Metal Materials 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, Western Metal Materials 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 Western Metal Materials 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: Western Metal Materials 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, Western Metal Materials distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Western Metal Materials 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 Western Metal Materials'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 Western Metal Materials'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.