Xinjiang Machinery Research Institute Co., Ltd. engages in the research, design, manufacture, and sale of agricultural and animal husbandry machinery in China. The company offers corn and silage machines, chili machinery, and tillage machines; harvesting machinery, farming machinery, tractors, agricultural and sideline product processing machinery, and fruit machinery; power rotary harrow; and raisin equipment, as well as aircraft structural parts, including frames, beams, ribs, wall panels, skins, long stringers, angle pieces, shafts, etc.; spacecraft structural parts, such as thin-walled tubular sheet metal parts, support rings, air inlets, nozzles, load-bearing parts, rudder assemblies, wing assemblies, projectile compartments, steering gear compartments, fairings, liquid oxygen engine parts, liquid hydrogen engine parts, curved section, straight section, etc.; and engine and gas turbine structural components comprising combustion chamber casings, flame tubes, external casings, intermediate casings, afterburner nozzles, integral blisks, blades, power turbine outer casings, rotatable guide casings, guide tubes, etc. It offers agricultural and animal husbandry machinery products under the Mushen brand. The company was founded in 1960 and is headquartered in Urumqi, China.
Xinjiang Machinery Research Institute Dividend Announcement
• Xinjiang Machinery Research Institute announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2019-07-05. Ex dividend date: 2019-07-05
• Xinjiang Machinery Research Institute's trailing twelve-month (TTM) dividend yield is -%
• Xinjiang Machinery Research Institute's payout ratio for the trailing twelve months (TTM) is -25.57%
Xinjiang Machinery Research Institute Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2019-07-05 | ¥0.02 | annually | 2019-07-05 |
2018-07-11 | ¥0.03 | annually | 2018-07-11 |
2017-06-15 | ¥0.02 | annually | 2017-06-15 |
2016-07-07 | ¥0.02 | annually | |
2015-06-10 | ¥0.10 | annually | |
2014-04-23 | ¥0.20 | annually | |
2013-05-27 | ¥0.15 | annually | |
2012-05-15 | ¥0.20 | annually | |
2011-04-29 | ¥0.30 | annually |
Xinjiang Machinery Research Institute Dividend per year
Xinjiang Machinery Research Institute Dividend growth
Xinjiang Machinery Research Institute Dividend Yield
Xinjiang Machinery Research Institute current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Xinjiang Machinery Research Institute stock? Use our calculator to estimate your expected dividend yield:
Xinjiang Machinery Research Institute Financial Ratios
Xinjiang Machinery Research Institute Dividend FAQ
Other factors to consider when evaluating Xinjiang Machinery Research Institute 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: Xinjiang Machinery Research Institute'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, Xinjiang Machinery Research Institute 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, Xinjiang Machinery Research Institute 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 Xinjiang Machinery Research Institute 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: Xinjiang Machinery Research Institute 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, Xinjiang Machinery Research Institute distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Xinjiang Machinery Research Institute 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 Xinjiang Machinery Research Institute'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 Xinjiang Machinery Research Institute'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.