Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. manufactures and sells semiconductor equipment and LED substrate material in China. The company offers automatic crystal growing furnaces; silicon float zone crystal pullers; semiconductor mono-crystalline silicon truncating, semiconductor single and full automatic crystal ingot rolling and grinding integrated, full automatic 8-inch semiconductor wafer polishing, 32B double-sided grinding, semiconductor silicon ingot diamond wire truncating, and semiconductor single crystal silicon polishing machines; semiconductor valves and fittings; magnetic fluid vacuum sealing devices; semiconductor silicon polishing fluid; and semiconductor synthetic sand quartz crucible. It also provides multi-crystalline silicon and CFZ float zone silicon monocrystal furnaces; silicon block chamfering and grinding integrated, silicon block and silicon ingot single diamond wire cutting, silicon ingot squaring and grinding integrated, silicon diamond wire cutting, crystal ingot single wire squaring, and monocrystal rounding and grinding machines; stringers; and PECVD products. In addition, the company offers sapphire crystal products; fully automatic sapphire crystal growth furnaces; sapphire cutters, grinders, mounters, and substrates; sapphire truncating, automatic crystal rounding and grinding, and automatic sapphire chemical polishing machines; sapphire ingots; and customized optical panels. Further, it provides module automatic, automatic poly-crystalline silicon ingot prosessing, automatic battery, and LED bulb lamp automatic production line products; and unmanned polishing workshop and mono-crystalline silicon ingot auto testing line products. The company was founded in 2006 and is based in Shaoxing, China.
Zhejiang Jingsheng Mechanical & Electrical Dividend Announcement
• Zhejiang Jingsheng Mechanical & Electrical announced a annually dividend of ¥0.70 per ordinary share which will be made payable on 2024-05-22. Ex dividend date: 2024-05-22
• Zhejiang Jingsheng Mechanical & Electrical annual dividend for 2024 was ¥0.70
• Zhejiang Jingsheng Mechanical & Electrical annual dividend for 2023 was ¥0.45
• Zhejiang Jingsheng Mechanical & Electrical's trailing twelve-month (TTM) dividend yield is 2.05%
• Zhejiang Jingsheng Mechanical & Electrical's payout ratio for the trailing twelve months (TTM) is 38.30%
• Zhejiang Jingsheng Mechanical & Electrical's dividend growth over the last five years (2018-2023) was 42.37% year
• Zhejiang Jingsheng Mechanical & Electrical's dividend growth over the last ten years (2013-2023) was 4.14% year
Zhejiang Jingsheng Mechanical & Electrical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-22 | ¥0.70 | annually | 2024-05-22 |
2023-05-16 | ¥0.45 | annually | 2023-05-16 |
2022-06-02 | ¥0.28 | annually | 2022-06-02 |
2021-07-07 | ¥0.14 | annually | 2021-07-07 |
2020-06-10 | ¥0.10 | annually | 2020-06-10 |
2019-06-06 | ¥0.10 | annually | 2019-06-06 |
2018-05-23 | ¥0.08 | annually | 2018-05-23 |
2017-06-21 | ¥0.08 | annually | 2017-06-21 |
2016-04-18 | ¥0.05 | annually | |
2015-04-23 | ¥0.10 | annually | |
2014-06-12 | ¥0.15 | annually | |
2013-06-06 | ¥0.30 | annually |
Zhejiang Jingsheng Mechanical & Electrical Dividend per year
Zhejiang Jingsheng Mechanical & Electrical Dividend growth
Zhejiang Jingsheng Mechanical & Electrical Dividend Yield
Zhejiang Jingsheng Mechanical & Electrical current trailing twelve-month (TTM) dividend yield is 2.05%. Interested in purchasing Zhejiang Jingsheng Mechanical & Electrical stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Jingsheng Mechanical & Electrical Financial Ratios
Zhejiang Jingsheng Mechanical & Electrical Dividend FAQ
Other factors to consider when evaluating Zhejiang Jingsheng Mechanical & Electrical 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 Jingsheng Mechanical & Electrical'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 Jingsheng Mechanical & Electrical 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 Jingsheng Mechanical & Electrical 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 Jingsheng Mechanical & Electrical 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 Jingsheng Mechanical & Electrical 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 Jingsheng Mechanical & Electrical 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 Jingsheng Mechanical & Electrical 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 Jingsheng Mechanical & Electrical'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 Jingsheng Mechanical & Electrical'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.