company-logo

Wuxi Best Precision Machinery Co., Ltd., engages in the research, development, production, and sale of precision parts, intelligent equipment, and tooling products in China. It offers turbocharger precision bearing parts, impellers, intermediate casing, and compressor casings; and engine cylinder blocks and other automobiles parts for fuel and hybrid vehicles. The company also provides electric vehicle on-board charger and DC converter components, and steering knuckles, as well as new energy vehicles parts, such as hydrogen fuel cell vehicle air compressor impellers, air compressor pressure recovery and rectifiers, motor housings, bearing covers, and functional components parts. In addition, it offers aircraft cabin parts including seat components and connectors; intelligent equipment and tooling used in automobiles, rail transit, and other fields; intelligent manufacturing system integration products, such as automatic drilling and riveting systems for aircraft fuselage and production automation systems. The company was founded in 1997 and is based in Wuxi, China.

Wuxi Best Precision Machinery Dividend Announcement

Wuxi Best Precision Machinery announced a semi annually dividend of ¥0.03 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-09-26
Wuxi Best Precision Machinery annual dividend for 2024 was ¥0.17
Wuxi Best Precision Machinery annual dividend for 2023 was ¥0.60
Wuxi Best Precision Machinery's trailing twelve-month (TTM) dividend yield is 0.84%
Wuxi Best Precision Machinery's payout ratio for the trailing twelve months (TTM) is 58.69%
Wuxi Best Precision Machinery's dividend growth over the last five years (2018-2023) was 33.78% year

Wuxi Best Precision Machinery Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-26¥0.03semi annually2024-09-26
2024-06-14¥0.14semi annually2024-06-14
2023-06-21¥0.60semi annually2023-06-21
2022-06-21¥0.18semi annually2022-06-21
2021-05-24¥0.25semi annually2021-05-24
2020-06-05¥0.17semi annually2020-06-05
2019-05-20¥0.16semi annually2019-05-20
2018-06-22¥0.14semi annually2018-06-22
2017-06-28¥0.14semi annually2017-06-28

Wuxi Best Precision Machinery Dividend per year

Wuxi Best Precision Machinery Dividend growth

Wuxi Best Precision Machinery Dividend Yield

Wuxi Best Precision Machinery current trailing twelve-month (TTM) dividend yield is 0.84%. Interested in purchasing Wuxi Best Precision Machinery stock? Use our calculator to estimate your expected dividend yield:

Wuxi Best Precision Machinery Financial Ratios

P/E ratio34.30
PEG ratio0.36
P/B ratio3.17
ROE9.47%
Payout ratio58.69%
Current ratio6.07
Quick ratio5.08
Cash Ratio0.57

Wuxi Best Precision Machinery Dividend FAQ

How much is the next Wuxi Best Precision Machinery dividend?
Wuxi Best Precision Machinery's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Wuxi Best Precision Machinery dividend. The next Wuxi Best Precision Machinery dividend will be released in June.
When is Wuxi Best Precision Machinery dividend paid?
Wuxi Best Precision Machinery pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June. 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 Wuxi Best Precision Machinery pay?
The specific amount of Wuxi Best Precision Machinery 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 Wuxi Best Precision Machinery's dividend history.
Does Wuxi Best Precision Machinery stock pay dividends?
Yes, Wuxi Best Precision Machinery 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 Wuxi Best Precision Machinery's dividend history.
How much dividend does Wuxi Best Precision Machinery pay?
Wuxi Best Precision Machinery paid ¥0.166 in 2024, ¥0.6 in 2023, ¥0.18 in 2022, ¥0.25 in 2021, and ¥0.17 in 2020.
How often does Wuxi Best Precision Machinery pay dividends?
Wuxi Best Precision Machinery typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June.
What is Wuxi Best Precision Machinery's dividend yield?
The current dividend yield for Wuxi Best Precision Machinery is 0.84%. 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 Wuxi Best Precision Machinery's exact dividend yield.
When does Wuxi Best Precision Machinery go ex dividend?
Wuxi Best Precision Machinery's ex-dividend date for the latest dividend was on 2024-09-26. Wuxi Best Precision Machinery 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 Wuxi Best Precision Machinery dividend paid?
Wuxi Best Precision Machinery pays dividends on a semi annually basis, typically around June, but the exact dates can vary each year.
Will Wuxi Best Precision Machinery 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 Wuxi Best Precision Machinery 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 Wuxi Best Precision Machinery dividend per share?
Wuxi Best Precision Machinery paid ¥0.166 per share in 2024 and ¥0.6 per share in 2023. The amount of dividend per share that Wuxi Best Precision Machinery 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 Wuxi Best Precision Machinery 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 Wuxi Best Precision Machinery 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 Wuxi Best Precision Machinery a dividend stock?
Yes, Wuxi Best Precision Machinery is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Wuxi Best Precision Machinery a good dividend stock?
Whether Wuxi Best Precision Machinery is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Wuxi Best Precision Machinery has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Wuxi Best Precision 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.
Does Wuxi Best Precision Machinery pay dividends monthly?
Wuxi Best Precision Machinery typically pays dividends on a semi annually basis.
Does Wuxi Best Precision Machinery pay dividends quarterly?
Wuxi Best Precision Machinery currently pays dividends on a semi annually basis.
Has Wuxi Best Precision Machinery ever paid a dividend?
Yes, Wuxi Best Precision Machinery has a history of paying dividends to its shareholders. Wuxi Best Precision Machinery is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Wuxi Best Precision Machinery dividend stocks?
To buy Wuxi Best Precision Machinery 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 Wuxi Best Precision Machinery 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 Wuxi Best Precision Machinery pay dividends 2024?
Wuxi Best Precision Machinery pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-26. 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 Wuxi Best Precision Machinery increase its dividend in 2024?
Decisions regarding Wuxi Best Precision Machinery 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 Wuxi Best Precision Machinery dividend overview you can look into the above table of dividend history.
How Wuxi Best Precision Machinery dividend works?
The Wuxi Best Precision Machinery 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 Wuxi Best Precision Machinery's dividend process works:

1. Determination of Dividend: Wuxi Best Precision 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, Wuxi Best Precision 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, Wuxi Best Precision 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 Wuxi Best Precision 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.
How are Wuxi Best Precision Machinery dividends paid?
Wuxi Best Precision Machinery dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Wuxi Best Precision 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, Wuxi Best Precision 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: Wuxi Best Precision 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.
How many times does Wuxi Best Precision Machinery pay dividends?
Wuxi Best Precision Machinery typically pays dividends on a semi 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 Wuxi Best Precision Machinery pay dividends?
The general pattern is that Wuxi Best Precision Machinery pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Wuxi Best Precision Machinery dividend safe?
The safety of Wuxi Best Precision Machinery'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 Wuxi Best Precision 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 Wuxi Best Precision 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.