Wuxi Chemical Equipment Co., Ltd. designs, develops, manufactures, and markets metal pressure vessels in China. The company offers heat exchangers, such as refined paste preheater, meg purified distillation column condenser, reboiler for raffinate extraction column, raffinate overhead steam generator, rose exchanger, reforming feed/effluent exchanger, effluent/hot feed exchanger, ethylbenzene condenser, pressure column gas reboiler, COS/H2S guard bed steam heater, demin water preheater, nickel base alloy, three-effect crystallization circulation heater, dewatering overhead condenser, TA1 And TA2 heat exchanger, condensate preheater, tube bundle products, etc. It also provides aldehyde stipper column, ship exhaust desulfurization tower, column group, demethanizing column, deg extraction column, absorption column, high-pressure absorption column, one-step benzene evaporation column, rectifying column, atmospheric column, and secondary spent alkaline oxidation reactor products; and styrene and BP reactors, hydroxylamine reactor coolers, crystallization kettles, phthalic anhydride reactors, hydroxylamine reactors, hydrogenation reactors, secondary gasoline hydrogenation reactors, first reactors, and chloride reactors. In addition, the company offers separators, high-pressure nitrogen vessels, C2 arsine guard adsorders, propane, tail gas vent column, medium-pressure nitrogen tanks, and pulsation suppressors; fuel oil daily tanks, venturi vessels, filter vessels, and nuclear fuel waste transfer support systems; exquisite tower reboiler, debutanediol column reboiler, dimethyl benzene overhead/extract column reboilers, reboilers for ethylene glycol concentration tower 2, reboiler of draining liquid column, xylene tower reboiler, and dimethyl benzene column steam generators; reliquefaction and booster pump units; oil and salt heat exchangers; and feedwater preheaters. Further, it exports its products. The company was founded in 1984 and is based in Wuxi City, China.
Wuxi Chemical Equipment Dividend Announcement
• Wuxi Chemical Equipment announced a semi annually dividend of ¥0.50 per ordinary share which will be made payable on 2024-10-16. Ex dividend date: 2024-10-16
• Wuxi Chemical Equipment annual dividend for 2024 was ¥1.00
• Wuxi Chemical Equipment annual dividend for 2023 was ¥1.00
• Wuxi Chemical Equipment's trailing twelve-month (TTM) dividend yield is 2.93%
• Wuxi Chemical Equipment's payout ratio for the trailing twelve months (TTM) is 20.45%
Wuxi Chemical Equipment Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-16 | ¥0.50 | semi annually | 2024-10-16 |
| 2024-06-06 | ¥0.50 | semi annually | 2024-06-06 |
| 2023-05-19 | ¥1.00 | semi annually | 2023-05-19 |
| 2022-11-29 | ¥2.50 | semi annually | 2022-11-29 |
Wuxi Chemical Equipment Dividend per year
Wuxi Chemical Equipment Dividend growth
Wuxi Chemical Equipment Dividend Yield
Wuxi Chemical Equipment current trailing twelve-month (TTM) dividend yield is 2.93%. Interested in purchasing Wuxi Chemical Equipment stock? Use our calculator to estimate your expected dividend yield:
Wuxi Chemical Equipment Financial Ratios
P/E ratio15.26
PEG ratio0.15
P/B ratio1.60
ROE10.76%
Payout ratio20.45%
Current ratio2.67
Quick ratio2.11
Cash Ratio1.19
Wuxi Chemical Equipment Dividend FAQ
How much is the next Wuxi Chemical Equipment dividend?
Wuxi Chemical Equipment'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 Chemical Equipment dividend. The next Wuxi Chemical Equipment dividend will be released in May.
When is Wuxi Chemical Equipment dividend paid?
Wuxi Chemical Equipment pays dividends on a semi annually basis. The specific dates may vary each year but are generally around May. 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 Chemical Equipment pay?
The specific amount of Wuxi Chemical Equipment 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 Chemical Equipment's dividend history.
Does Wuxi Chemical Equipment stock pay dividends?
Yes, Wuxi Chemical Equipment 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 Chemical Equipment's dividend history.
How much dividend does Wuxi Chemical Equipment pay?
Wuxi Chemical Equipment paid ¥1.0 in 2024, ¥1.0 in 2023, ¥2.5 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Wuxi Chemical Equipment pay dividends?
Wuxi Chemical Equipment 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 May.
What is Wuxi Chemical Equipment's dividend yield?
The current dividend yield for Wuxi Chemical Equipment is 2.93%. 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 Chemical Equipment's exact dividend yield.
When does Wuxi Chemical Equipment go ex dividend?
Wuxi Chemical Equipment's ex-dividend date for the latest dividend was on 2024-10-16. Wuxi Chemical Equipment 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 Chemical Equipment dividend paid?
Wuxi Chemical Equipment pays dividends on a semi annually basis, typically around May, but the exact dates can vary each year.
Will Wuxi Chemical Equipment 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 Chemical Equipment 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 Chemical Equipment dividend per share?
Wuxi Chemical Equipment paid ¥1.0 per share in 2024 and ¥1.0 per share in 2023. The amount of dividend per share that Wuxi Chemical Equipment 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 Chemical Equipment 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 Chemical Equipment 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 Chemical Equipment a dividend stock?
Yes, Wuxi Chemical Equipment is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Wuxi Chemical Equipment a good dividend stock?
Whether Wuxi Chemical Equipment 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 Chemical Equipment has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Wuxi Chemical Equipment 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.
Other factors to consider when evaluating Wuxi Chemical Equipment 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 Chemical Equipment pay dividends monthly?
Wuxi Chemical Equipment typically pays dividends on a semi annually basis.
Does Wuxi Chemical Equipment pay dividends quarterly?
Wuxi Chemical Equipment currently pays dividends on a semi annually basis.
Has Wuxi Chemical Equipment ever paid a dividend?
Yes, Wuxi Chemical Equipment has a history of paying dividends to its shareholders. Wuxi Chemical Equipment is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Wuxi Chemical Equipment dividend stocks?
To buy Wuxi Chemical Equipment 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 Chemical Equipment 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.
Place an order: Use the brokerage's trading platform to place an order to buy Wuxi Chemical Equipment 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 Chemical Equipment pay dividends 2024?
Wuxi Chemical Equipment pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-16. 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 Chemical Equipment increase its dividend in 2024?
Decisions regarding Wuxi Chemical Equipment 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 Chemical Equipment dividend overview you can look into the above table of dividend history.
How Wuxi Chemical Equipment dividend works?
The Wuxi Chemical Equipment 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 Chemical Equipment's dividend process works:
1. Determination of Dividend: Wuxi Chemical Equipment'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 Chemical Equipment 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 Chemical Equipment 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 Chemical Equipment 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. Determination of Dividend: Wuxi Chemical Equipment'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 Chemical Equipment 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 Chemical Equipment 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 Chemical Equipment 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 Chemical Equipment dividends paid?
Wuxi Chemical Equipment dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Wuxi Chemical Equipment 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 Chemical Equipment 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 Chemical Equipment 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.
1. Record Date: Wuxi Chemical Equipment 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 Chemical Equipment 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 Chemical Equipment 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 Chemical Equipment pay dividends?
Wuxi Chemical Equipment 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 Chemical Equipment pay dividends?
The general pattern is that Wuxi Chemical Equipment pays dividends around May. 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 Chemical Equipment dividend safe?
The safety of Wuxi Chemical Equipment'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 Chemical Equipment'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 Chemical Equipment'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.
To assess the safety of Wuxi Chemical Equipment'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 Chemical Equipment'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.