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Wuxi Double Elephant Micro Fibre Material Co.,Ltd manufactures and sells artificial and synthetic leather products in the People's Republic of China. The company offers micro fiber leather products, including microfiber shoe, furniture, automotive trim, case and bag, cleaning, and ball leather products; and micro fiber suede, as well as microfiber package leather for ornaments. It also provides PU synthetic leather products, such as PU shoe, furniture, automotive upholstery, case and bag, vanity, ball, garment, and glove leather products, as well as PU wiping leather for wine boxes. In addition, the company offers PVC artificial leather products comprising PVC shoe, case and bag, vanity, furniture, garment, ball, automotive trim, glove, and mahjong table upper leather products, as well as semi-PU embossed leather and PVC flocking products. Further, it provides plastic films. The company also exports its products in Asia, Europe, Americas, Africa, and Oceania. Wuxi Double Elephant Micro Fibre Material Co.,Ltd is based in Wuxi, the People's Republic of China. Wuxi Double Elephant Micro Fibre Material Co.,Ltd is a subsidiary of Jiangsu Shuangxiang Group.

Wuxi Double Elephant Micro Fibre Material Dividend Announcement

Wuxi Double Elephant Micro Fibre Material announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-07-05
Wuxi Double Elephant Micro Fibre Material annual dividend for 2024 was ¥0.10
Wuxi Double Elephant Micro Fibre Material's trailing twelve-month (TTM) dividend yield is 0.62%
Wuxi Double Elephant Micro Fibre Material's payout ratio for the trailing twelve months (TTM) is 32.76%

Wuxi Double Elephant Micro Fibre Material Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-05¥0.10annually2024-07-05
2021-07-06¥0.15annually2021-07-06
2019-07-05¥0.20annually2019-07-05
2017-07-04¥0.08annually2017-07-04
2016-06-17¥0.05annually
2015-06-30¥0.05annually
2014-07-01¥0.05annually
2013-06-21¥0.20annually
2012-11-02¥0.30annually
2011-06-15¥0.30annually

Wuxi Double Elephant Micro Fibre Material Dividend per year

Wuxi Double Elephant Micro Fibre Material Dividend growth

Wuxi Double Elephant Micro Fibre Material Dividend Yield

Wuxi Double Elephant Micro Fibre Material current trailing twelve-month (TTM) dividend yield is 0.62%. Interested in purchasing Wuxi Double Elephant Micro Fibre Material stock? Use our calculator to estimate your expected dividend yield:

Wuxi Double Elephant Micro Fibre Material Financial Ratios

P/E ratio47.27
PEG ratio1.51
P/B ratio4.41
ROE9.58%
Payout ratio32.76%
Current ratio1.39
Quick ratio0.93
Cash Ratio0.26

Wuxi Double Elephant Micro Fibre Material Dividend FAQ

How much is the next Wuxi Double Elephant Micro Fibre Material dividend?
Wuxi Double Elephant Micro Fibre Material'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 Double Elephant Micro Fibre Material dividend. The next Wuxi Double Elephant Micro Fibre Material dividend will be released in .
When is Wuxi Double Elephant Micro Fibre Material dividend paid?
Wuxi Double Elephant Micro Fibre Material pays dividends on a annually basis. The specific dates may vary each year but are generally around . 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 Double Elephant Micro Fibre Material pay?
The specific amount of Wuxi Double Elephant Micro Fibre Material 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 Double Elephant Micro Fibre Material's dividend history.
Does Wuxi Double Elephant Micro Fibre Material stock pay dividends?
Yes, Wuxi Double Elephant Micro Fibre Material 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 Double Elephant Micro Fibre Material's dividend history.
How much dividend does Wuxi Double Elephant Micro Fibre Material pay?
Wuxi Double Elephant Micro Fibre Material paid ¥0.1 in 2024, ¥0.0 in 2023, ¥0.0 in 2022, ¥0.15 in 2021, and ¥0.0 in 2020.
How often does Wuxi Double Elephant Micro Fibre Material pay dividends?
Wuxi Double Elephant Micro Fibre Material 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 .
What is Wuxi Double Elephant Micro Fibre Material's dividend yield?
The current dividend yield for Wuxi Double Elephant Micro Fibre Material is 0.62%. 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 Double Elephant Micro Fibre Material's exact dividend yield.
When does Wuxi Double Elephant Micro Fibre Material go ex dividend?
Wuxi Double Elephant Micro Fibre Material's ex-dividend date for the latest dividend was on 2024-07-05. Wuxi Double Elephant Micro Fibre Material 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 Double Elephant Micro Fibre Material dividend paid?
Wuxi Double Elephant Micro Fibre Material pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Wuxi Double Elephant Micro Fibre Material 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 Double Elephant Micro Fibre Material 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 Double Elephant Micro Fibre Material dividend per share?
Wuxi Double Elephant Micro Fibre Material paid ¥0.1 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Wuxi Double Elephant Micro Fibre Material 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 Double Elephant Micro Fibre Material 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 Double Elephant Micro Fibre Material 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 Double Elephant Micro Fibre Material a dividend stock?
Yes, Wuxi Double Elephant Micro Fibre Material is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Wuxi Double Elephant Micro Fibre Material a good dividend stock?
Whether Wuxi Double Elephant Micro Fibre Material 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 Double Elephant Micro Fibre Material has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Wuxi Double Elephant Micro Fibre Material 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 Double Elephant Micro Fibre Material pay dividends monthly?
Wuxi Double Elephant Micro Fibre Material typically pays dividends on a annually basis.
Does Wuxi Double Elephant Micro Fibre Material pay dividends quarterly?
Wuxi Double Elephant Micro Fibre Material currently pays dividends on a annually basis.
Has Wuxi Double Elephant Micro Fibre Material ever paid a dividend?
Yes, Wuxi Double Elephant Micro Fibre Material has a history of paying dividends to its shareholders. Wuxi Double Elephant Micro Fibre Material is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Wuxi Double Elephant Micro Fibre Material dividend stocks?
To buy Wuxi Double Elephant Micro Fibre Material 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 Double Elephant Micro Fibre Material 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 Double Elephant Micro Fibre Material pay dividends 2024?
Wuxi Double Elephant Micro Fibre Material pays dividends on a annually basis. 2024 dividend payments are in 2024-07-05. 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 Double Elephant Micro Fibre Material increase its dividend in 2024?
Decisions regarding Wuxi Double Elephant Micro Fibre Material 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 Double Elephant Micro Fibre Material dividend overview you can look into the above table of dividend history.
How Wuxi Double Elephant Micro Fibre Material dividend works?
The Wuxi Double Elephant Micro Fibre Material 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 Double Elephant Micro Fibre Material's dividend process works:

1. Determination of Dividend: Wuxi Double Elephant Micro Fibre Material'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 Double Elephant Micro Fibre Material 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 Double Elephant Micro Fibre Material 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 Double Elephant Micro Fibre Material 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 Double Elephant Micro Fibre Material dividends paid?
Wuxi Double Elephant Micro Fibre Material dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Wuxi Double Elephant Micro Fibre Material 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 Double Elephant Micro Fibre Material 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 Double Elephant Micro Fibre Material 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 Double Elephant Micro Fibre Material pay dividends?
Wuxi Double Elephant Micro Fibre Material 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 Wuxi Double Elephant Micro Fibre Material pay dividends?
The general pattern is that Wuxi Double Elephant Micro Fibre Material pays dividends around . 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 Double Elephant Micro Fibre Material dividend safe?
The safety of Wuxi Double Elephant Micro Fibre Material'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 Double Elephant Micro Fibre Material'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 Double Elephant Micro Fibre Material'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.