Xinjiang Yilite Industry Co.,Ltd manufactures and sells wine in China. The company is also involved in the cogeneration, packaging and printing, and tourism businesses, as well as offers glass products. Xinjiang Yilite Industry Co.,Ltd was founded in 1956 and is based in Urumqi, China.
Xinjiang Yilite Industry Dividend Announcement
• Xinjiang Yilite Industry announced a annually dividend of ¥0.39 per ordinary share which will be made payable on 2024-08-08. Ex dividend date: 2024-08-08 • Xinjiang Yilite Industry annual dividend for 2024 was ¥0.39 • Xinjiang Yilite Industry annual dividend for 2023 was ¥0.41 • Xinjiang Yilite Industry's trailing twelve-month (TTM) dividend yield is 2.22% • Xinjiang Yilite Industry's payout ratio for the trailing twelve months (TTM) is 88.90% • Xinjiang Yilite Industry's dividend growth over the last five years (2018-2023) was 10.40% year • Xinjiang Yilite Industry's dividend growth over the last ten years (2013-2023) was 6.42% year
Xinjiang Yilite Industry current trailing twelve-month (TTM) dividend yield is 2.22%. Interested in purchasing Xinjiang Yilite Industry stock? Use our calculator to estimate your expected dividend yield:
Xinjiang Yilite Industry Financial Ratios
P/E ratio23.47
PEG ratio4.01
P/B ratio2.13
ROE8.96%
Payout ratio88.90%
Current ratio3.04
Quick ratio0.79
Cash Ratio0.45
Xinjiang Yilite Industry Dividend FAQ
How much is the next Xinjiang Yilite Industry dividend?
Xinjiang Yilite Industry's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Xinjiang Yilite Industry dividend. The next Xinjiang Yilite Industry dividend will be released in August.
When is Xinjiang Yilite Industry dividend paid?
Xinjiang Yilite Industry pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 Xinjiang Yilite Industry pay?
The specific amount of Xinjiang Yilite Industry 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 Xinjiang Yilite Industry's dividend history.
Does Xinjiang Yilite Industry stock pay dividends?
Yes, Xinjiang Yilite Industry 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 Xinjiang Yilite Industry's dividend history.
How much dividend does Xinjiang Yilite Industry pay?
Xinjiang Yilite Industry paid ¥0.39 in 2024, ¥0.41 in 2023, ¥0.41 in 2022, ¥0.405 in 2021, and ¥0.438 in 2020.
How often does Xinjiang Yilite Industry pay dividends?
Xinjiang Yilite Industry 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 August.
What is Xinjiang Yilite Industry's dividend yield?
The current dividend yield for Xinjiang Yilite Industry is 2.22%. 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 Xinjiang Yilite Industry's exact dividend yield.
When does Xinjiang Yilite Industry go ex dividend?
Xinjiang Yilite Industry's ex-dividend date for the latest dividend was on 2024-08-08. Xinjiang Yilite Industry 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 Xinjiang Yilite Industry dividend paid?
Xinjiang Yilite Industry pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Xinjiang Yilite Industry 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 Xinjiang Yilite Industry 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 Xinjiang Yilite Industry dividend per share?
Xinjiang Yilite Industry paid ¥0.39 per share in 2024 and ¥0.41 per share in 2023. The amount of dividend per share that Xinjiang Yilite Industry 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 Xinjiang Yilite Industry 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 Xinjiang Yilite Industry 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 Xinjiang Yilite Industry a dividend stock?
Yes, Xinjiang Yilite Industry is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Xinjiang Yilite Industry a good dividend stock?
Whether Xinjiang Yilite Industry is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Xinjiang Yilite Industry has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Xinjiang Yilite Industry 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 Xinjiang Yilite Industry pay dividends monthly?
Xinjiang Yilite Industry typically pays dividends on a annually basis.
Does Xinjiang Yilite Industry pay dividends quarterly?
Xinjiang Yilite Industry currently pays dividends on a annually basis.
Has Xinjiang Yilite Industry ever paid a dividend?
Yes, Xinjiang Yilite Industry has a history of paying dividends to its shareholders. Xinjiang Yilite Industry is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Xinjiang Yilite Industry dividend stocks?
To buy Xinjiang Yilite Industry 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 Xinjiang Yilite Industry 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 Xinjiang Yilite Industry pay dividends 2024?
Xinjiang Yilite Industry pays dividends on a annually basis. 2024 dividend payments are in 2024-08-08. 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 Xinjiang Yilite Industry increase its dividend in 2024?
Decisions regarding Xinjiang Yilite Industry 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 Xinjiang Yilite Industry dividend overview you can look into the above table of dividend history.
How Xinjiang Yilite Industry dividend works?
The Xinjiang Yilite Industry 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 Xinjiang Yilite Industry's dividend process works:
1. Determination of Dividend: Xinjiang Yilite Industry'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 Yilite Industry 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 Yilite Industry 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 Yilite Industry 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 Xinjiang Yilite Industry dividends paid?
Xinjiang Yilite Industry dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Xinjiang Yilite Industry 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 Yilite Industry 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 Yilite Industry 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 Xinjiang Yilite Industry pay dividends?
Xinjiang Yilite Industry 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 Xinjiang Yilite Industry pay dividends?
The general pattern is that Xinjiang Yilite Industry pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Xinjiang Yilite Industry dividend safe?
The safety of Xinjiang Yilite Industry'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 Xinjiang Yilite Industry'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 Yilite Industry'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.