company-logo

Zhejiang Changsheng Sliding Bearings Co., Ltd. researches, develops, produces, and sells bearings in China. It offers self-lubricated bearings, including metal-polymer, metallic, non-metallic, and high-performance steel self-lubricated bearings; and metal-polymer and metallic marginal-lubricated bearings. The company also provides other self-lubricating bearings and related components, such as air compressor swash plates, sintered bearings, steel sleeves, spherical bearings, and solid bronze alloy bearings; and hydraulic components. Its products are used in agricultural machinery, light industrial machinery, aerospace, military, high-speed trains, automotive, construction machinery, industrial, renewable energy, logistics, fitness equipment, municipal, household, and fluid power applications. The company also exports its products to approximately 40 countries and regions, including European countries, the United States, and Japan. Zhejiang Changsheng Sliding Bearings Co., Ltd. was founded in 1995 and is based in Jiashan, China.

Zhejiang Changsheng Sliding Bearings Dividend Announcement

Zhejiang Changsheng Sliding Bearings announced a semi annually dividend of ¥0.17 per ordinary share which will be made payable on 2024-10-17. Ex dividend date: 2024-10-17
Zhejiang Changsheng Sliding Bearings annual dividend for 2024 was ¥0.40
Zhejiang Changsheng Sliding Bearings annual dividend for 2023 was ¥0.52
Zhejiang Changsheng Sliding Bearings's trailing twelve-month (TTM) dividend yield is 2.0%
Zhejiang Changsheng Sliding Bearings's payout ratio for the trailing twelve months (TTM) is 97.19%
Zhejiang Changsheng Sliding Bearings's dividend growth over the last five years (2018-2023) was 6.96% year

Zhejiang Changsheng Sliding Bearings Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-17¥0.17semi annually2024-10-17
2024-06-07¥0.23semi annually2024-06-07
2023-09-28¥0.17semi annually2023-09-28
2023-06-01¥0.35semi annually2023-06-01
2022-06-08¥0.35semi annually2022-06-08
2021-06-07¥0.50semi annually2021-06-07
2020-06-03¥0.22semi annually2020-06-03
2019-05-31¥0.35semi annually2019-05-31
2018-06-07¥0.37semi annually2018-06-07

Zhejiang Changsheng Sliding Bearings Dividend per year

Zhejiang Changsheng Sliding Bearings Dividend growth

Zhejiang Changsheng Sliding Bearings Dividend Yield

Zhejiang Changsheng Sliding Bearings current trailing twelve-month (TTM) dividend yield is 2.0%. Interested in purchasing Zhejiang Changsheng Sliding Bearings stock? Use our calculator to estimate your expected dividend yield:

Zhejiang Changsheng Sliding Bearings Financial Ratios

P/E ratio26.37
PEG ratio-4.38
P/B ratio3.80
ROE14.79%
Payout ratio97.19%
Current ratio3.95
Quick ratio3.19
Cash Ratio0.64

Zhejiang Changsheng Sliding Bearings Dividend FAQ

How much is the next Zhejiang Changsheng Sliding Bearings dividend?
Zhejiang Changsheng Sliding Bearings's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Zhejiang Changsheng Sliding Bearings dividend. The next Zhejiang Changsheng Sliding Bearings dividend will be released in June, or September.
When is Zhejiang Changsheng Sliding Bearings dividend paid?
Zhejiang Changsheng Sliding Bearings pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and September. 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 Zhejiang Changsheng Sliding Bearings pay?
The specific amount of Zhejiang Changsheng Sliding Bearings 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 Zhejiang Changsheng Sliding Bearings's dividend history.
Does Zhejiang Changsheng Sliding Bearings stock pay dividends?
Yes, Zhejiang Changsheng Sliding Bearings 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 Zhejiang Changsheng Sliding Bearings's dividend history.
How much dividend does Zhejiang Changsheng Sliding Bearings pay?
Zhejiang Changsheng Sliding Bearings paid ¥0.403 in 2024, ¥0.518 in 2023, ¥0.35 in 2022, ¥0.5 in 2021, and ¥0.22 in 2020.
How often does Zhejiang Changsheng Sliding Bearings pay dividends?
Zhejiang Changsheng Sliding Bearings typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and September.
What is Zhejiang Changsheng Sliding Bearings's dividend yield?
The current dividend yield for Zhejiang Changsheng Sliding Bearings is 2.0%. 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 Zhejiang Changsheng Sliding Bearings's exact dividend yield.
When does Zhejiang Changsheng Sliding Bearings go ex dividend?
Zhejiang Changsheng Sliding Bearings's ex-dividend date for the latest dividend was on 2024-10-17. Zhejiang Changsheng Sliding Bearings 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 Zhejiang Changsheng Sliding Bearings dividend paid?
Zhejiang Changsheng Sliding Bearings pays dividends on a semi annually basis, typically around June, or September, but the exact dates can vary each year.
Will Zhejiang Changsheng Sliding Bearings 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 Zhejiang Changsheng Sliding Bearings 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 Zhejiang Changsheng Sliding Bearings dividend per share?
Zhejiang Changsheng Sliding Bearings paid ¥0.403 per share in 2024 and ¥0.518 per share in 2023. The amount of dividend per share that Zhejiang Changsheng Sliding Bearings 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 Zhejiang Changsheng Sliding Bearings 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 Zhejiang Changsheng Sliding Bearings 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 Zhejiang Changsheng Sliding Bearings a dividend stock?
Yes, Zhejiang Changsheng Sliding Bearings is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhejiang Changsheng Sliding Bearings a good dividend stock?
Whether Zhejiang Changsheng Sliding Bearings is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Zhejiang Changsheng Sliding Bearings has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Zhejiang Changsheng Sliding Bearings 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 Zhejiang Changsheng Sliding Bearings pay dividends monthly?
Zhejiang Changsheng Sliding Bearings typically pays dividends on a semi annually basis.
Does Zhejiang Changsheng Sliding Bearings pay dividends quarterly?
Zhejiang Changsheng Sliding Bearings currently pays dividends on a semi annually basis.
Has Zhejiang Changsheng Sliding Bearings ever paid a dividend?
Yes, Zhejiang Changsheng Sliding Bearings has a history of paying dividends to its shareholders. Zhejiang Changsheng Sliding Bearings is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiang Changsheng Sliding Bearings dividend stocks?
To buy Zhejiang Changsheng Sliding Bearings 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 Zhejiang Changsheng Sliding Bearings 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 Zhejiang Changsheng Sliding Bearings pay dividends 2024?
Zhejiang Changsheng Sliding Bearings pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-17. 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 Zhejiang Changsheng Sliding Bearings increase its dividend in 2024?
Decisions regarding Zhejiang Changsheng Sliding Bearings 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 Zhejiang Changsheng Sliding Bearings dividend overview you can look into the above table of dividend history.
How Zhejiang Changsheng Sliding Bearings dividend works?
The Zhejiang Changsheng Sliding Bearings 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 Zhejiang Changsheng Sliding Bearings's dividend process works:

1. Determination of Dividend: Zhejiang Changsheng Sliding Bearings'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, Zhejiang Changsheng Sliding Bearings 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, Zhejiang Changsheng Sliding Bearings 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 Zhejiang Changsheng Sliding Bearings 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 Zhejiang Changsheng Sliding Bearings dividends paid?
Zhejiang Changsheng Sliding Bearings dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Zhejiang Changsheng Sliding Bearings 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, Zhejiang Changsheng Sliding Bearings distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Zhejiang Changsheng Sliding Bearings 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 Zhejiang Changsheng Sliding Bearings pay dividends?
Zhejiang Changsheng Sliding Bearings typically pays dividends on a semi 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 Zhejiang Changsheng Sliding Bearings pay dividends?
The general pattern is that Zhejiang Changsheng Sliding Bearings pays dividends around June, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Zhejiang Changsheng Sliding Bearings dividend safe?
The safety of Zhejiang Changsheng Sliding Bearings'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 Zhejiang Changsheng Sliding Bearings'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 Zhejiang Changsheng Sliding Bearings'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.