Zhejiang Meili High Technology Co., Ltd. provides automotive products in China. It offers suspension system springs, seat and interior springs, gearbox spring and spring assembly products, valve springs, stabilizer bars, hot coil series springs, precision springs, composite leaf springs, precision injection molded parts, fine blanking parts and elastic stamping parts, tailgate springs, and clutch arc springs. Zhejiang Meili High Technology Co., Ltd. was founded in 1990 and is headquartered in Shaoxing, China.
Zhejiang Meili High Technology Dividend Announcement
• Zhejiang Meili High Technology announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-05-27. Ex dividend date: 2024-05-27 • Zhejiang Meili High Technology annual dividend for 2024 was ¥0.05 • Zhejiang Meili High Technology annual dividend for 2023 was ¥0.03 • Zhejiang Meili High Technology's trailing twelve-month (TTM) dividend yield is 0.48% • Zhejiang Meili High Technology's payout ratio for the trailing twelve months (TTM) is 34.29% • Zhejiang Meili High Technology's dividend growth over the last five years (2018-2023) was -21.36% year
Zhejiang Meili High Technology current trailing twelve-month (TTM) dividend yield is 0.48%. Interested in purchasing Zhejiang Meili High Technology stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Meili High Technology Financial Ratios
P/E ratio25.03
PEG ratio-3.24
P/B ratio2.07
ROE8.59%
Payout ratio34.29%
Current ratio1.78
Quick ratio1.34
Cash Ratio0.40
Zhejiang Meili High Technology Dividend FAQ
How much is the next Zhejiang Meili High Technology dividend?
Zhejiang Meili High Technology'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 Meili High Technology dividend. The next Zhejiang Meili High Technology dividend will be released in July.
When is Zhejiang Meili High Technology dividend paid?
Zhejiang Meili High Technology pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Meili High Technology pay?
The specific amount of Zhejiang Meili High Technology 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 Meili High Technology's dividend history.
Does Zhejiang Meili High Technology stock pay dividends?
Yes, Zhejiang Meili High Technology 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 Meili High Technology's dividend history.
How much dividend does Zhejiang Meili High Technology pay?
Zhejiang Meili High Technology paid ¥0.05 in 2024, ¥0.03 in 2023, ¥0.05 in 2022, ¥0.059 in 2021, and ¥0.05 in 2020.
How often does Zhejiang Meili High Technology pay dividends?
Zhejiang Meili High Technology 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 July.
What is Zhejiang Meili High Technology's dividend yield?
The current dividend yield for Zhejiang Meili High Technology is 0.48%. 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 Meili High Technology's exact dividend yield.
When does Zhejiang Meili High Technology go ex dividend?
Zhejiang Meili High Technology's ex-dividend date for the latest dividend was on 2024-05-27. Zhejiang Meili High Technology 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 Meili High Technology dividend paid?
Zhejiang Meili High Technology pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Zhejiang Meili High Technology 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 Meili High Technology 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 Meili High Technology dividend per share?
Zhejiang Meili High Technology paid ¥0.05 per share in 2024 and ¥0.03 per share in 2023. The amount of dividend per share that Zhejiang Meili High Technology 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 Meili High Technology 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 Meili High Technology 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 Meili High Technology a dividend stock?
Yes, Zhejiang Meili High Technology is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhejiang Meili High Technology a good dividend stock?
Whether Zhejiang Meili High Technology 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 Meili High Technology has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Zhejiang Meili High Technology 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 Meili High Technology pay dividends monthly?
Zhejiang Meili High Technology typically pays dividends on a annually basis.
Does Zhejiang Meili High Technology pay dividends quarterly?
Zhejiang Meili High Technology currently pays dividends on a annually basis.
Has Zhejiang Meili High Technology ever paid a dividend?
Yes, Zhejiang Meili High Technology has a history of paying dividends to its shareholders. Zhejiang Meili High Technology is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiang Meili High Technology dividend stocks?
To buy Zhejiang Meili High Technology 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 Meili High Technology 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 Meili High Technology pay dividends 2024?
Zhejiang Meili High Technology pays dividends on a annually basis. 2024 dividend payments are in 2024-05-27. 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 Meili High Technology increase its dividend in 2024?
Decisions regarding Zhejiang Meili High Technology 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 Meili High Technology dividend overview you can look into the above table of dividend history.
How Zhejiang Meili High Technology dividend works?
The Zhejiang Meili High Technology 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 Meili High Technology's dividend process works:
1. Determination of Dividend: Zhejiang Meili High Technology'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 Meili High Technology 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 Meili High Technology 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 Meili High Technology 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 Meili High Technology dividends paid?
Zhejiang Meili High Technology dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Zhejiang Meili High Technology 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 Meili High Technology 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 Meili High Technology 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 Meili High Technology pay dividends?
Zhejiang Meili High Technology 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 Meili High Technology pay dividends?
The general pattern is that Zhejiang Meili High Technology pays dividends around July. 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 Meili High Technology dividend safe?
The safety of Zhejiang Meili High Technology'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 Meili High Technology'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 Meili High Technology'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.