Zhejiang Dingli Machinery Co.,Ltd develops, manufactures, sells, and services various aerial working platforms in China, Europe, the United States, Asia, and Africa. It offers electric and engine boom, engine and electric scissor, electric vertical, telescopic boom, and articulating boom lifts, as well as electric aerial stock pickers and mast-climbers. The company's products are used in construction, commercial, and industrial applications. It also exports its products to approximately 80 countries and regions, including the United States, Germany, Japan, and other markets. Zhejiang Dingli Machinery Co.,Ltd was founded in 2005 and is headquartered in Deqing, China.
Zhejiang Dingli Machinery Dividend Announcement
• Zhejiang Dingli Machinery announced a annually dividend of ¥1.00 per ordinary share which will be made payable on 2024-06-26. Ex dividend date: 2024-06-26
• Zhejiang Dingli Machinery annual dividend for 2024 was ¥1.00
• Zhejiang Dingli Machinery annual dividend for 2023 was ¥0.50
• Zhejiang Dingli Machinery's trailing twelve-month (TTM) dividend yield is 1.83%
• Zhejiang Dingli Machinery's payout ratio for the trailing twelve months (TTM) is 38.68%
• Zhejiang Dingli Machinery's dividend growth over the last five years (2018-2023) was -2.24% year
Zhejiang Dingli Machinery Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-26 | ¥1.00 | annually | 2024-06-26 |
2023-07-06 | ¥0.50 | annually | 2023-07-06 |
2022-06-23 | ¥0.34 | annually | 2022-06-23 |
2021-07-09 | ¥0.26 | annually | 2021-07-09 |
2020-06-05 | ¥0.35 | annually | 2020-06-05 |
2019-05-22 | ¥0.49 | annually | 2019-05-22 |
2018-05-18 | ¥0.56 | annually | 2018-05-18 |
2017-04-07 | ¥0.18 | annually | 2017-04-07 |
2016-05-19 | ¥0.04 | annually | |
2015-09-02 | ¥0.04 | annually |
Zhejiang Dingli Machinery Dividend per year
Zhejiang Dingli Machinery Dividend growth
Zhejiang Dingli Machinery Dividend Yield
Zhejiang Dingli Machinery current trailing twelve-month (TTM) dividend yield is 1.83%. Interested in purchasing Zhejiang Dingli Machinery stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Dingli Machinery Financial Ratios
Zhejiang Dingli Machinery Dividend FAQ
Other factors to consider when evaluating Zhejiang Dingli 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: Zhejiang Dingli 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, Zhejiang Dingli 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, Zhejiang Dingli 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 Zhejiang Dingli 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: Zhejiang Dingli 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, Zhejiang Dingli 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: Zhejiang Dingli 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 Zhejiang Dingli 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 Zhejiang Dingli 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.