company-logo

Xiamen Tungsten Co., Ltd. engages in mining, smelting, downstream processing, and secondary resource recovery of tungsten, molybdenum, and rare earth metals in China and internationally. The company offers tungsten concentrates, including WO3, WOX, tungsten powder, WC, cemented carbide, tungsten steel, tungsten bars, tungsten wires, etc.; tungsten oxide; tungsten powder; cobalt powder; and tungsten carbide powder. It also provides rear earth oxides, metals, and permanent magnets, as well as phosphor products; and ammonium molybdate, molybdenum power and round blanks, molybdenum wires and crucibles, and other molybdenum products, as well as molybdenum oxides, plates, and electrodes. In addition, the company offers Li-ion battery cathode materials, such as lithium cobalt oxides, ternary cathode materials, lithium manganese oxides, lithium iron phosphates, etc., as well as hydrogen storage alloy powders. Further, it develops communities and office buildings in Xiamen, Zhangzhou, Chengdu, Luzhou, Chongqing, and other places. The company was formerly known as Xiamen Wu Factory and changed its name to Xiamen Tungsten Co., Ltd. in December 1997. Xiamen Tungsten Co., Ltd. was founded in 1958 and is headquartered in Xiamen, China.

Xiamen Tungsten Dividend Announcement

Xiamen Tungsten announced a annually dividend of ¥0.40 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-07
Xiamen Tungsten annual dividend for 2024 was ¥0.40
Xiamen Tungsten annual dividend for 2023 was ¥0.35
Xiamen Tungsten's trailing twelve-month (TTM) dividend yield is 1.92%
Xiamen Tungsten's payout ratio for the trailing twelve months (TTM) is 68.11%
Xiamen Tungsten's dividend growth over the last five years (2018-2023) was 17.87% year
Xiamen Tungsten's dividend growth over the last ten years (2013-2023) was 3.42% year

Xiamen Tungsten Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-07¥0.40annually2024-06-07
2023-06-29¥0.35annually2023-06-29
2022-05-31¥0.26annually2022-05-31
2021-06-01¥0.15annually2021-06-01
2020-06-22¥0.10annually2020-06-22
2019-07-10¥0.15annually2019-07-10
2018-06-19¥0.15annually2018-06-19
2017-06-30¥0.15annually2017-06-30
2016-06-07¥0.15annually
2015-05-11¥0.26annually
2014-06-24¥0.25annually
2013-06-14¥0.25annually

Xiamen Tungsten Dividend per year

Xiamen Tungsten Dividend growth

Xiamen Tungsten Dividend Yield

Xiamen Tungsten current trailing twelve-month (TTM) dividend yield is 1.92%. Interested in purchasing Xiamen Tungsten stock? Use our calculator to estimate your expected dividend yield:

Xiamen Tungsten Financial Ratios

P/E ratio16.45
PEG ratio-1.44
P/B ratio2.51
ROE15.84%
Payout ratio68.11%
Current ratio1.51
Quick ratio0.91
Cash Ratio0.25

Xiamen Tungsten Dividend FAQ

How much is the next Xiamen Tungsten dividend?
Xiamen Tungsten's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Xiamen Tungsten dividend. The next Xiamen Tungsten dividend will be released in June.
When is Xiamen Tungsten dividend paid?
Xiamen Tungsten pays dividends on a 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 Xiamen Tungsten pay?
The specific amount of Xiamen Tungsten 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 Xiamen Tungsten's dividend history.
Does Xiamen Tungsten stock pay dividends?
Yes, Xiamen Tungsten 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 Xiamen Tungsten's dividend history.
How much dividend does Xiamen Tungsten pay?
Xiamen Tungsten paid ¥0.4 in 2024, ¥0.35 in 2023, ¥0.26 in 2022, ¥0.15 in 2021, and ¥0.1 in 2020.
How often does Xiamen Tungsten pay dividends?
Xiamen Tungsten 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 June.
What is Xiamen Tungsten's dividend yield?
The current dividend yield for Xiamen Tungsten is 1.92%. 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 Xiamen Tungsten's exact dividend yield.
When does Xiamen Tungsten go ex dividend?
Xiamen Tungsten's ex-dividend date for the latest dividend was on 2024-06-07. Xiamen Tungsten 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 Xiamen Tungsten dividend paid?
Xiamen Tungsten pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Xiamen Tungsten 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 Xiamen Tungsten 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 Xiamen Tungsten dividend per share?
Xiamen Tungsten paid ¥0.4 per share in 2024 and ¥0.35 per share in 2023. The amount of dividend per share that Xiamen Tungsten 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 Xiamen Tungsten 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 Xiamen Tungsten 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 Xiamen Tungsten a dividend stock?
Yes, Xiamen Tungsten is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Xiamen Tungsten a good dividend stock?
Whether Xiamen Tungsten is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Xiamen Tungsten has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Xiamen Tungsten 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 Xiamen Tungsten pay dividends monthly?
Xiamen Tungsten typically pays dividends on a annually basis.
Does Xiamen Tungsten pay dividends quarterly?
Xiamen Tungsten currently pays dividends on a annually basis.
Has Xiamen Tungsten ever paid a dividend?
Yes, Xiamen Tungsten has a history of paying dividends to its shareholders. Xiamen Tungsten is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Xiamen Tungsten dividend stocks?
To buy Xiamen Tungsten 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 Xiamen Tungsten 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 Xiamen Tungsten pay dividends 2024?
Xiamen Tungsten pays dividends on a annually basis. 2024 dividend payments are in 2024-06-07. 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 Xiamen Tungsten increase its dividend in 2024?
Decisions regarding Xiamen Tungsten 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 Xiamen Tungsten dividend overview you can look into the above table of dividend history.
How Xiamen Tungsten dividend works?
The Xiamen Tungsten 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 Xiamen Tungsten's dividend process works:

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

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

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