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Wolong Electric Group Co.,Ltd. manufactures and sells motors and control devices, power transmission and supply equipment, and power batteries worldwide. The company offers low voltage IEC and NEMA motors; medium/high voltage motors, including rib and tube cooled, modular, special, and synchronous motors; and home appliance motors, such as air conditioner, washing machine, garden machine, and kitchen motors. It also provides low and high voltage variable speed drives; synchronous and asynchronous generators; and industrial automation products comprising servo motors, robots, and spindles, as well as motors for electric vehicles. The company serves various industries, including automotive, chemical, home appliance, marine, mining, oil and gas, power generation, water and waste water, infrastructure, pulp and paper, and rail, as well as heating, ventilation, and air conditioning. The company was formerly known as Wolong Electric Group Co., Ltd. Wolong Electric Group Co.,Ltd. was founded in 1984 and is based in Shaoxing, China.

Wolong Electric Dividend Announcement

Wolong Electric announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-07-15. Ex dividend date: 2024-07-15
Wolong Electric annual dividend for 2024 was ¥0.10
Wolong Electric annual dividend for 2023 was ¥0.15
Wolong Electric's trailing twelve-month (TTM) dividend yield is 0.63%
Wolong Electric's payout ratio for the trailing twelve months (TTM) is 72.66%
Wolong Electric's dividend growth over the last five years (2018-2023) was 8.45% year
Wolong Electric's dividend growth over the last ten years (2013-2023) was 10.55% year

Wolong Electric Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-15¥0.10annually2024-07-15
2023-07-17¥0.15annually2023-07-17
2022-07-25¥0.15annually2022-07-25
2021-07-19¥0.15annually2021-07-19
2020-06-09¥0.15annually2020-06-09
2019-06-21¥0.15annually2019-06-21
2018-06-26¥0.10annually2018-06-26
2017-06-26¥0.03annually2017-06-26
2016-06-22¥0.07annually
2015-06-12¥0.06annually
2014-06-20¥0.10annually
2013-04-23¥0.06annually

Wolong Electric Dividend per year

Wolong Electric Dividend growth

Wolong Electric Dividend Yield

Wolong Electric current trailing twelve-month (TTM) dividend yield is 0.63%. Interested in purchasing Wolong Electric stock? Use our calculator to estimate your expected dividend yield:

Wolong Electric Financial Ratios

P/E ratio84.83
PEG ratio14.68
P/B ratio2.10
ROE2.52%
Payout ratio72.66%
Current ratio1.22
Quick ratio0.92
Cash Ratio0.25

Wolong Electric Dividend FAQ

How much is the next Wolong Electric dividend?
Wolong Electric's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Wolong Electric dividend. The next Wolong Electric dividend will be released in July.
When is Wolong Electric dividend paid?
Wolong Electric 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 Wolong Electric pay?
The specific amount of Wolong Electric 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 Wolong Electric's dividend history.
Does Wolong Electric stock pay dividends?
Yes, Wolong Electric 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 Wolong Electric's dividend history.
How much dividend does Wolong Electric pay?
Wolong Electric paid ¥0.1 in 2024, ¥0.15 in 2023, ¥0.15 in 2022, ¥0.15 in 2021, and ¥0.15 in 2020.
How often does Wolong Electric pay dividends?
Wolong Electric 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 Wolong Electric's dividend yield?
The current dividend yield for Wolong Electric is 0.63%. 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 Wolong Electric's exact dividend yield.
When does Wolong Electric go ex dividend?
Wolong Electric's ex-dividend date for the latest dividend was on 2024-07-15. Wolong Electric 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 Wolong Electric dividend paid?
Wolong Electric pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Wolong Electric 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 Wolong Electric 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 Wolong Electric dividend per share?
Wolong Electric paid ¥0.1 per share in 2024 and ¥0.15 per share in 2023. The amount of dividend per share that Wolong Electric 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 Wolong Electric 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 Wolong Electric 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 Wolong Electric a dividend stock?
Yes, Wolong Electric is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Wolong Electric a good dividend stock?
Whether Wolong Electric is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Wolong Electric has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Wolong Electric 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 Wolong Electric pay dividends monthly?
Wolong Electric typically pays dividends on a annually basis.
Does Wolong Electric pay dividends quarterly?
Wolong Electric currently pays dividends on a annually basis.
Has Wolong Electric ever paid a dividend?
Yes, Wolong Electric has a history of paying dividends to its shareholders. Wolong Electric is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Wolong Electric dividend stocks?
To buy Wolong Electric 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 Wolong Electric 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 Wolong Electric pay dividends 2024?
Wolong Electric pays dividends on a annually basis. 2024 dividend payments are in 2024-07-15. 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 Wolong Electric increase its dividend in 2024?
Decisions regarding Wolong Electric 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 Wolong Electric dividend overview you can look into the above table of dividend history.
How Wolong Electric dividend works?
The Wolong Electric 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 Wolong Electric's dividend process works:

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

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

3. Currency: Wolong Electric 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 Wolong Electric pay dividends?
Wolong Electric 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 Wolong Electric pay dividends?
The general pattern is that Wolong Electric 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 Wolong Electric dividend safe?
The safety of Wolong Electric'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 Wolong Electric'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 Wolong Electric'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.