Xingye Leather Technology Co., Ltd., together with its subsidiaries, provides leather materials in China. The company offers nappa leather, natural wrinkle leather, and special effect leather series that are used in the furniture industry, leather apparel industry and goods luggage industry, and other fields. It sells shoe upper and bag leather, and sofa leather. The company also exports its products. Xingye Leather Technology Co., Ltd. was founded in 1992 and is headquartered in Jinjiang, China.
Xingye Leather Technology Dividend Announcement
• Xingye Leather Technology announced a annually dividend of ¥0.60 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-29 • Xingye Leather Technology annual dividend for 2024 was ¥0.60 • Xingye Leather Technology annual dividend for 2023 was ¥0.50 • Xingye Leather Technology's trailing twelve-month (TTM) dividend yield is 6.36% • Xingye Leather Technology's payout ratio for the trailing twelve months (TTM) is 281.28%
Xingye Leather Technology current trailing twelve-month (TTM) dividend yield is 6.36%. Interested in purchasing Xingye Leather Technology stock? Use our calculator to estimate your expected dividend yield:
Xingye Leather Technology Financial Ratios
P/E ratio22.50
PEG ratio0.79
P/B ratio1.18
ROE5.18%
Payout ratio281.28%
Current ratio2.41
Quick ratio1.38
Cash Ratio0.63
Xingye Leather Technology Dividend FAQ
How much is the next Xingye Leather Technology dividend?
Xingye Leather Technology's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Xingye Leather Technology dividend. The next Xingye Leather Technology dividend will be released in June.
When is Xingye Leather Technology dividend paid?
Xingye Leather Technology 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 Xingye Leather Technology pay?
The specific amount of Xingye Leather Technology 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 Xingye Leather Technology's dividend history.
Does Xingye Leather Technology stock pay dividends?
Yes, Xingye Leather Technology 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 Xingye Leather Technology's dividend history.
How much dividend does Xingye Leather Technology pay?
Xingye Leather Technology paid ¥0.6 in 2024, ¥0.5 in 2023, ¥0.3 in 2022, ¥0.0 in 2021, and ¥0.6 in 2020.
How often does Xingye Leather Technology pay dividends?
Xingye Leather Technology 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 Xingye Leather Technology's dividend yield?
The current dividend yield for Xingye Leather Technology is 6.36%. 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 Xingye Leather Technology's exact dividend yield.
When does Xingye Leather Technology go ex dividend?
Xingye Leather Technology's ex-dividend date for the latest dividend was on 2024-05-29. Xingye Leather Technology 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 Xingye Leather Technology dividend paid?
Xingye Leather Technology pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Xingye Leather Technology 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 Xingye Leather Technology 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 Xingye Leather Technology dividend per share?
Xingye Leather Technology paid ¥0.6 per share in 2024 and ¥0.5 per share in 2023. The amount of dividend per share that Xingye Leather Technology 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 Xingye Leather Technology 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 Xingye Leather Technology 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 Xingye Leather Technology a dividend stock?
Yes, Xingye Leather Technology is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Xingye Leather Technology a good dividend stock?
Whether Xingye Leather Technology is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Xingye Leather Technology has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Xingye Leather Technology 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 Xingye Leather Technology pay dividends monthly?
Xingye Leather Technology typically pays dividends on a annually basis.
Does Xingye Leather Technology pay dividends quarterly?
Xingye Leather Technology currently pays dividends on a annually basis.
Has Xingye Leather Technology ever paid a dividend?
Yes, Xingye Leather Technology has a history of paying dividends to its shareholders. Xingye Leather Technology is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Xingye Leather Technology dividend stocks?
To buy Xingye Leather Technology 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 Xingye Leather Technology 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 Xingye Leather Technology pay dividends 2024?
Xingye Leather Technology pays dividends on a annually basis. 2024 dividend payments are in 2024-05-29. 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 Xingye Leather Technology increase its dividend in 2024?
Decisions regarding Xingye Leather Technology 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 Xingye Leather Technology dividend overview you can look into the above table of dividend history.
How Xingye Leather Technology dividend works?
The Xingye Leather Technology 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 Xingye Leather Technology's dividend process works:
1. Determination of Dividend: Xingye Leather Technology'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, Xingye Leather Technology 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, Xingye Leather Technology 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 Xingye Leather Technology 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 Xingye Leather Technology dividends paid?
Xingye Leather Technology dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Xingye Leather Technology 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, Xingye Leather Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Xingye Leather Technology 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 Xingye Leather Technology pay dividends?
Xingye Leather Technology 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 Xingye Leather Technology pay dividends?
The general pattern is that Xingye Leather Technology 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 Xingye Leather Technology dividend safe?
The safety of Xingye Leather Technology'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 Xingye Leather Technology'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 Xingye Leather Technology'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.