Zhejiang Fenglong Electric Co., Ltd. develops, designs, manufactures, and sells components and parts for garden equipment and automotive industries in China. It offers ignition coils, flywheels, and cylinders for use in various garden power tools, such as trimmers, chainsaws, and hedge trimmers; ABS valves, thermostat covers, and tensioners that are used in automotive systems comprising transmission, brake, and thermostat systems; and hydraulic components. The company also exports its products. It primarily operates under the Fenglong brand name. The company serves garden power manufacturers and automotive enterprises. Zhejiang Fenglong Electric Co., Ltd. was founded in 2003 and is headquartered in Shaoxing, China.
Zhejiang Fenglong Electric Dividend Announcement
• Zhejiang Fenglong Electric announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-10-24 • Zhejiang Fenglong Electric annual dividend for 2024 was ¥0.10 • Zhejiang Fenglong Electric's trailing twelve-month (TTM) dividend yield is 0.83% • Zhejiang Fenglong Electric's payout ratio for the trailing twelve months (TTM) is -29.35%
Zhejiang Fenglong Electric current trailing twelve-month (TTM) dividend yield is 0.83%. Interested in purchasing Zhejiang Fenglong Electric stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Fenglong Electric Financial Ratios
P/E ratio-232.90
PEG ratio-2.29
P/B ratio3.33
ROE-1.40%
Payout ratio-29.35%
Current ratio3.05
Quick ratio2.29
Cash Ratio0.78
Zhejiang Fenglong Electric Dividend FAQ
How much is the next Zhejiang Fenglong Electric dividend?
Zhejiang Fenglong Electric'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 Fenglong Electric dividend. The next Zhejiang Fenglong Electric dividend will be released in .
When is Zhejiang Fenglong Electric dividend paid?
Zhejiang Fenglong Electric 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 Zhejiang Fenglong Electric pay?
The specific amount of Zhejiang Fenglong Electric 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 Fenglong Electric's dividend history.
Does Zhejiang Fenglong Electric stock pay dividends?
Yes, Zhejiang Fenglong Electric 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 Fenglong Electric's dividend history.
How much dividend does Zhejiang Fenglong Electric pay?
Zhejiang Fenglong Electric paid ¥0.1 in 2024, ¥0.0 in 2023, ¥0.1 in 2022, ¥0.15 in 2021, and ¥0.24 in 2020.
How often does Zhejiang Fenglong Electric pay dividends?
Zhejiang Fenglong Electric 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 Zhejiang Fenglong Electric's dividend yield?
The current dividend yield for Zhejiang Fenglong Electric is 0.83%. 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 Fenglong Electric's exact dividend yield.
When does Zhejiang Fenglong Electric go ex dividend?
Zhejiang Fenglong Electric's ex-dividend date for the latest dividend was on 2024-10-24. Zhejiang Fenglong Electric 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 Fenglong Electric dividend paid?
Zhejiang Fenglong Electric pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Zhejiang Fenglong Electric 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 Fenglong Electric 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 Fenglong Electric dividend per share?
Zhejiang Fenglong Electric paid ¥0.1 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Zhejiang Fenglong Electric 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 Fenglong Electric 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 Fenglong Electric 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 Fenglong Electric a dividend stock?
Yes, Zhejiang Fenglong Electric is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhejiang Fenglong Electric a good dividend stock?
Whether Zhejiang Fenglong Electric 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 Fenglong Electric has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Zhejiang Fenglong Electric 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 Fenglong Electric pay dividends monthly?
Zhejiang Fenglong Electric typically pays dividends on a annually basis.
Does Zhejiang Fenglong Electric pay dividends quarterly?
Zhejiang Fenglong Electric currently pays dividends on a annually basis.
Has Zhejiang Fenglong Electric ever paid a dividend?
Yes, Zhejiang Fenglong Electric has a history of paying dividends to its shareholders. Zhejiang Fenglong Electric is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiang Fenglong Electric dividend stocks?
To buy Zhejiang Fenglong Electric 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 Fenglong Electric 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 Fenglong Electric pay dividends 2024?
Zhejiang Fenglong Electric pays dividends on a annually basis. 2024 dividend payments are in 2024-10-24. 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 Fenglong Electric increase its dividend in 2024?
Decisions regarding Zhejiang Fenglong Electric 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 Fenglong Electric dividend overview you can look into the above table of dividend history.
How Zhejiang Fenglong Electric dividend works?
The Zhejiang Fenglong Electric 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 Fenglong Electric's dividend process works:
1. Determination of Dividend: Zhejiang Fenglong Electric'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 Fenglong Electric 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 Fenglong Electric 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 Fenglong Electric 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 Fenglong Electric dividends paid?
Zhejiang Fenglong Electric dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Zhejiang Fenglong Electric 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 Fenglong Electric 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 Fenglong Electric 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 Fenglong Electric pay dividends?
Zhejiang Fenglong Electric 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 Zhejiang Fenglong Electric pay dividends?
The general pattern is that Zhejiang Fenglong Electric 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 Zhejiang Fenglong Electric dividend safe?
The safety of Zhejiang Fenglong Electric'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 Fenglong Electric'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 Fenglong Electric'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.