Xiangtan Electric Manufacturing Co. Ltd. manufactures and sells electrical products in China and internationally. The company offers AC and DC motors, urban rail transit equipment, industrial water pump, electric control equipment, electric vehicle drive system, and ship electric propulsion system, as well as wind turbine products. It serves defense, electric power, energy, mining, transportation, chemical, light, water conservancy, and other construction industries. Xiangtan Electric Manufacturing Co. Ltd. was founded in 1936 and is based in Xiangtan, China.
Xiangtan Electric Manufacturing Dividend Announcement
• Xiangtan Electric Manufacturing announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2018-06-11. Ex dividend date: 2018-06-11 • Xiangtan Electric Manufacturing's trailing twelve-month (TTM) dividend yield is -% • Xiangtan Electric Manufacturing's payout ratio for the trailing twelve months (TTM) is 27.89%
Xiangtan Electric Manufacturing current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Xiangtan Electric Manufacturing stock? Use our calculator to estimate your expected dividend yield:
Xiangtan Electric Manufacturing Financial Ratios
P/E ratio82.38
PEG ratio-2.13
P/B ratio2.30
ROE2.82%
Payout ratio27.89%
Current ratio1.74
Quick ratio1.33
Cash Ratio0.29
Xiangtan Electric Manufacturing Dividend FAQ
How much is the next Xiangtan Electric Manufacturing dividend?
Xiangtan Electric Manufacturing's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Xiangtan Electric Manufacturing dividend. The next Xiangtan Electric Manufacturing dividend will be released in June.
When is Xiangtan Electric Manufacturing dividend paid?
Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing pay?
The specific amount of Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing's dividend history.
Does Xiangtan Electric Manufacturing stock pay dividends?
Yes, Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing's dividend history.
How much dividend does Xiangtan Electric Manufacturing pay?
Xiangtan Electric Manufacturing paid ¥0.0 in 2024, ¥0.0 in 2023, ¥0.0 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Xiangtan Electric Manufacturing pay dividends?
Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing's dividend yield?
The current dividend yield for Xiangtan Electric Manufacturing is -%. 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 Xiangtan Electric Manufacturing's exact dividend yield.
When does Xiangtan Electric Manufacturing go ex dividend?
Xiangtan Electric Manufacturing's ex-dividend date for the latest dividend was on 2018-06-11. Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing dividend paid?
Xiangtan Electric Manufacturing pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing dividend per share?
Xiangtan Electric Manufacturing paid ¥0.0 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing a dividend stock?
Yes, Xiangtan Electric Manufacturing is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Xiangtan Electric Manufacturing a good dividend stock?
Whether Xiangtan Electric Manufacturing is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Xiangtan Electric Manufacturing has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing pay dividends monthly?
Xiangtan Electric Manufacturing typically pays dividends on a annually basis.
Does Xiangtan Electric Manufacturing pay dividends quarterly?
Xiangtan Electric Manufacturing currently pays dividends on a annually basis.
Has Xiangtan Electric Manufacturing ever paid a dividend?
Yes, Xiangtan Electric Manufacturing has a history of paying dividends to its shareholders. Xiangtan Electric Manufacturing is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Xiangtan Electric Manufacturing dividend stocks?
To buy Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing pay dividends 2024?
Xiangtan Electric Manufacturing pays dividends on a annually basis. 2024 dividend payments are in 2018-06-11. 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 Xiangtan Electric Manufacturing increase its dividend in 2024?
Decisions regarding Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing dividend overview you can look into the above table of dividend history.
How Xiangtan Electric Manufacturing dividend works?
The Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing's dividend process works:
1. Determination of Dividend: Xiangtan Electric Manufacturing'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, Xiangtan Electric Manufacturing 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, Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing dividends paid?
Xiangtan Electric Manufacturing dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Xiangtan Electric Manufacturing 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, Xiangtan Electric Manufacturing distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing pay dividends?
Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing pay dividends?
The general pattern is that Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing dividend safe?
The safety of Xiangtan Electric Manufacturing'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 Xiangtan Electric Manufacturing'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 Xiangtan Electric Manufacturing'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.