Zhejiang Meida Industrial Co., Ltd. researches and develops, manufactures, operates, and sells integrated stove products in China. It offers range hoods, stoves, disinfection cabinets, storage cabinets, electric ovens, and electric steamers, as well as integrated sinks, water purifiers, and embedded kitchen appliances. The company was founded in 2001 and is based in Haining, China.
Zhejiang Meida Industrial Dividend Announcement
• Zhejiang Meida Industrial announced a annually dividend of ¥0.75 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-24 • Zhejiang Meida Industrial annual dividend for 2024 was ¥0.75 • Zhejiang Meida Industrial annual dividend for 2023 was ¥0.62 • Zhejiang Meida Industrial's trailing twelve-month (TTM) dividend yield is 10.43% • Zhejiang Meida Industrial's payout ratio for the trailing twelve months (TTM) is 233.58% • Zhejiang Meida Industrial's dividend growth over the last five years (2018-2023) was 5.92% year • Zhejiang Meida Industrial's dividend growth over the last ten years (2013-2023) was 9.51% year
Zhejiang Meida Industrial current trailing twelve-month (TTM) dividend yield is 10.43%. Interested in purchasing Zhejiang Meida Industrial stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Meida Industrial Financial Ratios
P/E ratio22.36
PEG ratio1.28
P/B ratio2.82
ROE11.18%
Payout ratio233.58%
Current ratio5.77
Quick ratio5.33
Cash Ratio5.14
Zhejiang Meida Industrial Dividend FAQ
How much is the next Zhejiang Meida Industrial dividend?
Zhejiang Meida Industrial'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 Meida Industrial dividend. The next Zhejiang Meida Industrial dividend will be released in May.
When is Zhejiang Meida Industrial dividend paid?
Zhejiang Meida Industrial pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Meida Industrial pay?
The specific amount of Zhejiang Meida Industrial 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 Meida Industrial's dividend history.
Does Zhejiang Meida Industrial stock pay dividends?
Yes, Zhejiang Meida Industrial 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 Meida Industrial's dividend history.
How much dividend does Zhejiang Meida Industrial pay?
Zhejiang Meida Industrial paid ¥0.75 in 2024, ¥0.62 in 2023, ¥0.66 in 2022, ¥0.6 in 2021, and ¥0.542 in 2020.
How often does Zhejiang Meida Industrial pay dividends?
Zhejiang Meida Industrial 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 May.
What is Zhejiang Meida Industrial's dividend yield?
The current dividend yield for Zhejiang Meida Industrial is 10.43%. 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 Meida Industrial's exact dividend yield.
When does Zhejiang Meida Industrial go ex dividend?
Zhejiang Meida Industrial's ex-dividend date for the latest dividend was on 2024-05-24. Zhejiang Meida Industrial 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 Meida Industrial dividend paid?
Zhejiang Meida Industrial pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Zhejiang Meida Industrial 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 Meida Industrial 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 Meida Industrial dividend per share?
Zhejiang Meida Industrial paid ¥0.75 per share in 2024 and ¥0.62 per share in 2023. The amount of dividend per share that Zhejiang Meida Industrial 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 Meida Industrial 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 Meida Industrial 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 Meida Industrial a dividend stock?
Yes, Zhejiang Meida Industrial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhejiang Meida Industrial a good dividend stock?
Whether Zhejiang Meida Industrial 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 Meida Industrial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Zhejiang Meida Industrial 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 Meida Industrial pay dividends monthly?
Zhejiang Meida Industrial typically pays dividends on a annually basis.
Does Zhejiang Meida Industrial pay dividends quarterly?
Zhejiang Meida Industrial currently pays dividends on a annually basis.
Has Zhejiang Meida Industrial ever paid a dividend?
Yes, Zhejiang Meida Industrial has a history of paying dividends to its shareholders. Zhejiang Meida Industrial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiang Meida Industrial dividend stocks?
To buy Zhejiang Meida Industrial 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 Meida Industrial 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 Meida Industrial pay dividends 2024?
Zhejiang Meida Industrial pays dividends on a annually basis. 2024 dividend payments are in 2024-05-24. 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 Meida Industrial increase its dividend in 2024?
Decisions regarding Zhejiang Meida Industrial 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 Meida Industrial dividend overview you can look into the above table of dividend history.
How Zhejiang Meida Industrial dividend works?
The Zhejiang Meida Industrial 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 Meida Industrial's dividend process works:
1. Determination of Dividend: Zhejiang Meida Industrial'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 Meida Industrial 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 Meida Industrial 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 Meida Industrial 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 Meida Industrial dividends paid?
Zhejiang Meida Industrial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Zhejiang Meida Industrial 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 Meida Industrial 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 Meida Industrial 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 Meida Industrial pay dividends?
Zhejiang Meida Industrial 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 Meida Industrial pay dividends?
The general pattern is that Zhejiang Meida Industrial pays dividends around May. 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 Meida Industrial dividend safe?
The safety of Zhejiang Meida Industrial'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 Meida Industrial'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 Meida Industrial'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.