Yingkou Jinchen Machinery Co., Ltd. operates as a system integration supplier of automated production solutions for industrial enterprises worldwide. It provides photovoltaic panel production solutions comprising automatic glass handlers, automatic loading handler, EVA automatic cutting and layup machines, bidirectional conveyers, automatic template placement machines, automatic stringers, buffers, automatic layup systems, automatic bussing stations, EVA/TPT automatic cutting and holing machines, EVA/TPT automatic layup robot arms, laser scribers, and single flash sun simulators, as well as lifting units for visual inspections; and packaging solutions, including full-automatic binning and unpacking machines. The company also offers wafer loading/unloading systems for PECVD and RIE, wafer transfer systems for diffusion, wafer sorting systems; and handing and conveying line of glass deep-processing, and automated production line of plastic floor for architectural industry. In addition, it provides glass cleaning and drying machines, auxiliary equipment, and industry specific machines. Further, the company offers software solutions, which include manufacturing execution systems, visual inspection integration solutions, and optical detection systems. Yingkou Jinchen Machinery Co., Ltd. is headquartered in Yingkou, China.
Yingkou Jinchen Machinery Dividend Announcement
• Yingkou Jinchen Machinery announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-07-02. Ex dividend date: 2024-07-02
• Yingkou Jinchen Machinery annual dividend for 2024 was ¥0.20
• Yingkou Jinchen Machinery annual dividend for 2023 was ¥0.17
• Yingkou Jinchen Machinery's trailing twelve-month (TTM) dividend yield is 0.61%
• Yingkou Jinchen Machinery's payout ratio for the trailing twelve months (TTM) is 73.58%
• Yingkou Jinchen Machinery's dividend growth over the last five years (2018-2023) was -11.32% year
Yingkou Jinchen Machinery Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-02 | ¥0.20 | annually | 2024-07-02 |
2023-06-02 | ¥0.17 | annually | 2023-06-02 |
2022-06-10 | ¥0.16 | annually | 2022-06-10 |
2021-04-21 | ¥0.24 | annually | 2021-04-21 |
2020-06-29 | ¥0.18 | annually | 2020-06-29 |
2019-06-28 | ¥0.34 | annually | 2019-06-28 |
2018-06-19 | ¥0.31 | annually | 2018-06-19 |
Yingkou Jinchen Machinery Dividend per year
Yingkou Jinchen Machinery Dividend growth
Yingkou Jinchen Machinery Dividend Yield
Yingkou Jinchen Machinery current trailing twelve-month (TTM) dividend yield is 0.61%. Interested in purchasing Yingkou Jinchen Machinery stock? Use our calculator to estimate your expected dividend yield:
Yingkou Jinchen Machinery Financial Ratios
Yingkou Jinchen Machinery Dividend FAQ
Other factors to consider when evaluating Yingkou Jinchen Machinery 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: Yingkou Jinchen Machinery'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, Yingkou Jinchen Machinery 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, Yingkou Jinchen Machinery 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 Yingkou Jinchen Machinery 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: Yingkou Jinchen Machinery 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, Yingkou Jinchen Machinery distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Yingkou Jinchen Machinery 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 Yingkou Jinchen Machinery'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 Yingkou Jinchen Machinery'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.