Yinbang Clad Material Co.,Ltd researches, develops, produces, and sells aluminum clad and multi-metal clad materials in China. The company offers aluminum heat transfer materials, multi-metal composite materials, aluminum-steel composite materials, and aluminum alloy composites. Its aluminum clad materials are used in heat exchangers for automotive and off-highway-vehicles; air conditioning; and energy industry. The company also provides multi-layer clad products, including aluminum copper and rigid, copper steel, and aluminum stainless steel products for use in heat exchangers, air-cooled power stations, car components, domestic appliances, cookware, telecommunication equipment, marine engineering, aerospace and aviation, and machinery and metallurgy. Yinbang Clad Material Co.,Ltd was founded in 1988 and is headquartered in Wuxi, China.
Yinbang Clad Material Dividend Announcement
• Yinbang Clad Material announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-06-12. Ex dividend date: 2024-06-12 • Yinbang Clad Material annual dividend for 2024 was ¥0.02 • Yinbang Clad Material's trailing twelve-month (TTM) dividend yield is 0.15% • Yinbang Clad Material's payout ratio for the trailing twelve months (TTM) is 117.14%
Yinbang Clad Material current trailing twelve-month (TTM) dividend yield is 0.15%. Interested in purchasing Yinbang Clad Material stock? Use our calculator to estimate your expected dividend yield:
Yinbang Clad Material Financial Ratios
P/E ratio104.96
PEG ratio1.05
P/B ratio6.37
ROE6.23%
Payout ratio117.14%
Current ratio2.28
Quick ratio1.20
Cash Ratio0.25
Yinbang Clad Material Dividend FAQ
How much is the next Yinbang Clad Material dividend?
Yinbang Clad 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 Yinbang Clad Material dividend. The next Yinbang Clad Material dividend will be released in .
When is Yinbang Clad Material dividend paid?
Yinbang Clad Material pays dividends on a annually basis. The specific dates may vary each year but are generally around . 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 Yinbang Clad Material pay?
The specific amount of Yinbang Clad 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 Yinbang Clad Material's dividend history.
Does Yinbang Clad Material stock pay dividends?
Yes, Yinbang Clad 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 Yinbang Clad Material's dividend history.
How much dividend does Yinbang Clad Material pay?
Yinbang Clad Material paid ¥0.02 in 2024, ¥0.0 in 2023, ¥0.02 in 2022, ¥0.0 in 2021, and ¥0.01 in 2020.
How often does Yinbang Clad Material pay dividends?
Yinbang Clad 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 .
What is Yinbang Clad Material's dividend yield?
The current dividend yield for Yinbang Clad Material is 0.15%. 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 Yinbang Clad Material's exact dividend yield.
When does Yinbang Clad Material go ex dividend?
Yinbang Clad Material's ex-dividend date for the latest dividend was on 2024-06-12. Yinbang Clad 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 Yinbang Clad Material dividend paid?
Yinbang Clad Material pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Yinbang Clad 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 Yinbang Clad 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 Yinbang Clad Material dividend per share?
Yinbang Clad Material paid ¥0.02 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Yinbang Clad 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 Yinbang Clad 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 Yinbang Clad 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 Yinbang Clad Material a dividend stock?
Yes, Yinbang Clad Material is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Yinbang Clad Material a good dividend stock?
Whether Yinbang Clad 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. Yinbang Clad Material has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Yinbang Clad 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 Yinbang Clad Material pay dividends monthly?
Yinbang Clad Material typically pays dividends on a annually basis.
Does Yinbang Clad Material pay dividends quarterly?
Yinbang Clad Material currently pays dividends on a annually basis.
Has Yinbang Clad Material ever paid a dividend?
Yes, Yinbang Clad Material has a history of paying dividends to its shareholders. Yinbang Clad Material is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Yinbang Clad Material dividend stocks?
To buy Yinbang Clad 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 Yinbang Clad 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 Yinbang Clad Material pay dividends 2024?
Yinbang Clad Material pays dividends on a annually basis. 2024 dividend payments are in 2024-06-12. 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 Yinbang Clad Material increase its dividend in 2024?
Decisions regarding Yinbang Clad 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 Yinbang Clad Material dividend overview you can look into the above table of dividend history.
How Yinbang Clad Material dividend works?
The Yinbang Clad 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 Yinbang Clad Material's dividend process works:
1. Determination of Dividend: Yinbang Clad 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, Yinbang Clad 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, Yinbang Clad 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 Yinbang Clad 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 Yinbang Clad Material dividends paid?
Yinbang Clad Material dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Yinbang Clad 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, Yinbang Clad 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: Yinbang Clad 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 Yinbang Clad Material pay dividends?
Yinbang Clad 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 Yinbang Clad Material pay dividends?
The general pattern is that Yinbang Clad Material pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Yinbang Clad Material dividend safe?
The safety of Yinbang Clad 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 Yinbang Clad 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 Yinbang Clad 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.