WuXi Xinje Electric Co.,Ltd. engages in the development, production, and sale of industrial automation products in China. The company offers PLC, human-machine interface, integrated controller, special modules, and other products for industrial control; and server system, stepping system, inverter for sport control. It also provides WIFI modules, 4GBOX, and other wireless communication modules, as well as Ethernet-based communication modules; cloud platform and server deployment; and integrated smart cameras manipulators, robot controllers, and teaching pendants. The company's products are used in various fields of automation, including printing and packaging, food and drink, machining assembly, textile, electronics manufacturing, building materials, machine tool, and other related industries and fields. WuXi Xinje Electric Co.,Ltd. was founded in 2008 and is based in Wuxi, China.
WuXi Xinje Electric Dividend Announcement
• WuXi Xinje Electric announced a annually dividend of ¥0.22 per ordinary share which will be made payable on 2024-07-11. Ex dividend date: 2024-07-11
• WuXi Xinje Electric annual dividend for 2024 was ¥0.22
• WuXi Xinje Electric annual dividend for 2023 was ¥0.18
• WuXi Xinje Electric's trailing twelve-month (TTM) dividend yield is 0.62%
• WuXi Xinje Electric's payout ratio for the trailing twelve months (TTM) is 12.51%
• WuXi Xinje Electric's dividend growth over the last five years (2018-2023) was 4.86% year
WuXi Xinje Electric Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-11 | ¥0.22 | annually | 2024-07-11 |
2023-06-28 | ¥0.18 | annually | 2023-06-28 |
2022-06-08 | ¥0.26 | annually | 2022-06-08 |
2021-07-01 | ¥0.28 | annually | 2021-07-01 |
2020-07-17 | ¥0.16 | annually | 2020-07-17 |
2019-07-05 | ¥0.15 | annually | 2019-07-05 |
2018-07-06 | ¥0.14 | annually | 2018-07-06 |
2017-06-26 | ¥0.18 | annually | 2017-06-26 |
WuXi Xinje Electric Dividend per year
WuXi Xinje Electric Dividend growth
WuXi Xinje Electric Dividend Yield
WuXi Xinje Electric current trailing twelve-month (TTM) dividend yield is 0.62%. Interested in purchasing WuXi Xinje Electric stock? Use our calculator to estimate your expected dividend yield:
WuXi Xinje Electric Financial Ratios
WuXi Xinje Electric Dividend FAQ
Other factors to consider when evaluating WuXi Xinje 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.
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1. Determination of Dividend: WuXi Xinje 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, WuXi Xinje 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, WuXi Xinje 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 WuXi Xinje 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.
1. Record Date: WuXi Xinje 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, WuXi Xinje 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: WuXi Xinje 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.
To assess the safety of WuXi Xinje 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 WuXi Xinje 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.