Yantai Zhenghai Magnetic Material Co., Ltd. manufactures and markets neodymium-iron-boron permanent magnets and other magnetic assemblies in the People's Republic of China. The company was incorporated in 2000 and is based in Yantai, the People's Republic of China.
Yantai Zhenghai Magnetic Material Dividend Announcement
• Yantai Zhenghai Magnetic Material announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-04-26. Ex dividend date: 2024-04-26 • Yantai Zhenghai Magnetic Material annual dividend for 2024 was ¥0.20 • Yantai Zhenghai Magnetic Material annual dividend for 2023 was ¥0.20 • Yantai Zhenghai Magnetic Material's trailing twelve-month (TTM) dividend yield is 1.52% • Yantai Zhenghai Magnetic Material's payout ratio for the trailing twelve months (TTM) is 62.57%
Yantai Zhenghai Magnetic Material Dividend History
Yantai Zhenghai Magnetic Material Dividend per year
Yantai Zhenghai Magnetic Material Dividend growth
Yantai Zhenghai Magnetic Material Dividend Yield
Yantai Zhenghai Magnetic Material current trailing twelve-month (TTM) dividend yield is 1.52%. Interested in purchasing Yantai Zhenghai Magnetic Material stock? Use our calculator to estimate your expected dividend yield:
Yantai Zhenghai Magnetic Material Financial Ratios
P/E ratio40.94
PEG ratio1.99
P/B ratio2.86
ROE6.94%
Payout ratio62.57%
Current ratio2.01
Quick ratio1.43
Cash Ratio0.24
Yantai Zhenghai Magnetic Material Dividend FAQ
How much is the next Yantai Zhenghai Magnetic Material dividend?
Yantai Zhenghai Magnetic Material's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Yantai Zhenghai Magnetic Material dividend. The next Yantai Zhenghai Magnetic Material dividend will be released in April.
When is Yantai Zhenghai Magnetic Material dividend paid?
Yantai Zhenghai Magnetic Material pays dividends on a annually basis. The specific dates may vary each year but are generally around April. 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 Yantai Zhenghai Magnetic Material pay?
The specific amount of Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material's dividend history.
Does Yantai Zhenghai Magnetic Material stock pay dividends?
Yes, Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material's dividend history.
How much dividend does Yantai Zhenghai Magnetic Material pay?
Yantai Zhenghai Magnetic Material paid ¥0.2 in 2024, ¥0.2 in 2023, ¥0.0 in 2022, ¥0.2 in 2021, and ¥0.2 in 2020.
How often does Yantai Zhenghai Magnetic Material pay dividends?
Yantai Zhenghai Magnetic Material 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 April.
What is Yantai Zhenghai Magnetic Material's dividend yield?
The current dividend yield for Yantai Zhenghai Magnetic Material is 1.52%. 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 Yantai Zhenghai Magnetic Material's exact dividend yield.
When does Yantai Zhenghai Magnetic Material go ex dividend?
Yantai Zhenghai Magnetic Material's ex-dividend date for the latest dividend was on 2024-04-26. Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material dividend paid?
Yantai Zhenghai Magnetic Material pays dividends on a annually basis, typically around April, but the exact dates can vary each year.
Will Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material dividend per share?
Yantai Zhenghai Magnetic Material paid ¥0.2 per share in 2024 and ¥0.2 per share in 2023. The amount of dividend per share that Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material a dividend stock?
Yes, Yantai Zhenghai Magnetic Material is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Yantai Zhenghai Magnetic Material a good dividend stock?
Whether Yantai Zhenghai Magnetic Material is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Yantai Zhenghai Magnetic Material has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material pay dividends monthly?
Yantai Zhenghai Magnetic Material typically pays dividends on a annually basis.
Does Yantai Zhenghai Magnetic Material pay dividends quarterly?
Yantai Zhenghai Magnetic Material currently pays dividends on a annually basis.
Has Yantai Zhenghai Magnetic Material ever paid a dividend?
Yes, Yantai Zhenghai Magnetic Material has a history of paying dividends to its shareholders. Yantai Zhenghai Magnetic Material is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Yantai Zhenghai Magnetic Material dividend stocks?
To buy Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material pay dividends 2024?
Yantai Zhenghai Magnetic Material pays dividends on a annually basis. 2024 dividend payments are in 2024-04-26. 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 Yantai Zhenghai Magnetic Material increase its dividend in 2024?
Decisions regarding Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material dividend overview you can look into the above table of dividend history.
How Yantai Zhenghai Magnetic Material dividend works?
The Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material's dividend process works:
1. Determination of Dividend: Yantai Zhenghai Magnetic Material'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, Yantai Zhenghai Magnetic Material 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, Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material dividends paid?
Yantai Zhenghai Magnetic Material dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Yantai Zhenghai Magnetic Material 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, Yantai Zhenghai Magnetic Material distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material pay dividends?
Yantai Zhenghai Magnetic Material 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 Yantai Zhenghai Magnetic Material pay dividends?
The general pattern is that Yantai Zhenghai Magnetic Material pays dividends around April. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Yantai Zhenghai Magnetic Material dividend safe?
The safety of Yantai Zhenghai Magnetic Material'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 Yantai Zhenghai Magnetic Material'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 Yantai Zhenghai Magnetic Material'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.