Xuchang Yuandong Drive Shaft Co.Ltd manufactures and sells drive shafts in China. The company provides small drive and tractors shafts, and drive shaft parts, as well as products for pickup trucks, SUVs, and powered mechanical cars. Its products are also used in construction machineries. The company was founded in 1954 and is based in Xuchang, China.
• Xuchang Yuandong Drive Shaft announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-07-09. Ex dividend date: 2024-07-09 • Xuchang Yuandong Drive Shaft annual dividend for 2024 was ¥0.10 • Xuchang Yuandong Drive Shaft annual dividend for 2023 was ¥0.10 • Xuchang Yuandong Drive Shaft's trailing twelve-month (TTM) dividend yield is 1.41% • Xuchang Yuandong Drive Shaft's payout ratio for the trailing twelve months (TTM) is 2.21% • Xuchang Yuandong Drive Shaft's dividend growth over the last five years (2018-2023) was -20.76% year • Xuchang Yuandong Drive Shaft's dividend growth over the last ten years (2013-2023) was -6.70% year
Xuchang Yuandong Drive Shaft current trailing twelve-month (TTM) dividend yield is 1.41%. Interested in purchasing Xuchang Yuandong Drive Shaft stock? Use our calculator to estimate your expected dividend yield:
Xuchang Yuandong Drive Shaft Financial Ratios
P/E ratio43.40
PEG ratio7.21
P/B ratio1.29
ROE2.97%
Payout ratio2.21%
Current ratio4.29
Quick ratio3.46
Cash Ratio1.00
Xuchang Yuandong Drive Shaft Dividend FAQ
How much is the next Xuchang Yuandong Drive Shaft dividend?
Xuchang Yuandong Drive Shaft's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Xuchang Yuandong Drive Shaft dividend. The next Xuchang Yuandong Drive Shaft dividend will be released in July.
When is Xuchang Yuandong Drive Shaft dividend paid?
Xuchang Yuandong Drive Shaft pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Xuchang Yuandong Drive Shaft pay?
The specific amount of Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft's dividend history.
Does Xuchang Yuandong Drive Shaft stock pay dividends?
Yes, Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft's dividend history.
How much dividend does Xuchang Yuandong Drive Shaft pay?
Xuchang Yuandong Drive Shaft paid ¥0.1 in 2024, ¥0.1 in 2023, ¥0.08 in 2022, ¥0.25 in 2021, and ¥0.25 in 2020.
How often does Xuchang Yuandong Drive Shaft pay dividends?
Xuchang Yuandong Drive Shaft 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 July.
What is Xuchang Yuandong Drive Shaft's dividend yield?
The current dividend yield for Xuchang Yuandong Drive Shaft is 1.41%. 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 Xuchang Yuandong Drive Shaft's exact dividend yield.
When does Xuchang Yuandong Drive Shaft go ex dividend?
Xuchang Yuandong Drive Shaft's ex-dividend date for the latest dividend was on 2024-07-09. Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft dividend paid?
Xuchang Yuandong Drive Shaft pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft dividend per share?
Xuchang Yuandong Drive Shaft paid ¥0.1 per share in 2024 and ¥0.1 per share in 2023. The amount of dividend per share that Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft a dividend stock?
Yes, Xuchang Yuandong Drive Shaft is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Xuchang Yuandong Drive Shaft a good dividend stock?
Whether Xuchang Yuandong Drive Shaft is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Xuchang Yuandong Drive Shaft has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft pay dividends monthly?
Xuchang Yuandong Drive Shaft typically pays dividends on a annually basis.
Does Xuchang Yuandong Drive Shaft pay dividends quarterly?
Xuchang Yuandong Drive Shaft currently pays dividends on a annually basis.
Has Xuchang Yuandong Drive Shaft ever paid a dividend?
Yes, Xuchang Yuandong Drive Shaft has a history of paying dividends to its shareholders. Xuchang Yuandong Drive Shaft is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Xuchang Yuandong Drive Shaft dividend stocks?
To buy Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft pay dividends 2024?
Xuchang Yuandong Drive Shaft pays dividends on a annually basis. 2024 dividend payments are in 2024-07-09. 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 Xuchang Yuandong Drive Shaft increase its dividend in 2024?
Decisions regarding Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft dividend overview you can look into the above table of dividend history.
How Xuchang Yuandong Drive Shaft dividend works?
The Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft's dividend process works:
1. Determination of Dividend: Xuchang Yuandong Drive Shaft'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, Xuchang Yuandong Drive Shaft 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, Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft dividends paid?
Xuchang Yuandong Drive Shaft dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Xuchang Yuandong Drive Shaft 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, Xuchang Yuandong Drive Shaft distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft pay dividends?
Xuchang Yuandong Drive Shaft 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 Xuchang Yuandong Drive Shaft pay dividends?
The general pattern is that Xuchang Yuandong Drive Shaft pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Xuchang Yuandong Drive Shaft dividend safe?
The safety of Xuchang Yuandong Drive Shaft'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 Xuchang Yuandong Drive Shaft'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 Xuchang Yuandong Drive Shaft'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.