Zhejiang Shuanghuan Driveline Co., Ltd. researches and develops, manufactures, and sells gears and related components in China and internationally. It offers its gear products for automobiles, new energy vehicles, rail transit, off-road machinery, industrial robots, and other fields. Zhejiang Shuanghuan Driveline Co., Ltd. was founded in 1980 and is headquartered in Hangzhou, China.
• Zhejiang Shuanghuan Driveline announced a annually dividend of ¥0.12 per ordinary share which will be made payable on 2024-06-05. Ex dividend date: 2024-06-05 • Zhejiang Shuanghuan Driveline annual dividend for 2024 was ¥0.12 • Zhejiang Shuanghuan Driveline annual dividend for 2023 was ¥0.08 • Zhejiang Shuanghuan Driveline's trailing twelve-month (TTM) dividend yield is 0.42% • Zhejiang Shuanghuan Driveline's payout ratio for the trailing twelve months (TTM) is 22.36% • Zhejiang Shuanghuan Driveline's dividend growth over the last five years (2018-2023) was 5.92% year • Zhejiang Shuanghuan Driveline's dividend growth over the last ten years (2013-2023) was 2.92% year
Zhejiang Shuanghuan Driveline current trailing twelve-month (TTM) dividend yield is 0.42%. Interested in purchasing Zhejiang Shuanghuan Driveline stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Shuanghuan Driveline Financial Ratios
P/E ratio25.22
PEG ratio-1.12
P/B ratio2.86
ROE11.77%
Payout ratio22.36%
Current ratio1.32
Quick ratio0.91
Cash Ratio0.24
Zhejiang Shuanghuan Driveline Dividend FAQ
How much is the next Zhejiang Shuanghuan Driveline dividend?
Zhejiang Shuanghuan Driveline'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 Shuanghuan Driveline dividend. The next Zhejiang Shuanghuan Driveline dividend will be released in May.
When is Zhejiang Shuanghuan Driveline dividend paid?
Zhejiang Shuanghuan Driveline 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 Shuanghuan Driveline pay?
The specific amount of Zhejiang Shuanghuan Driveline 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 Shuanghuan Driveline's dividend history.
Does Zhejiang Shuanghuan Driveline stock pay dividends?
Yes, Zhejiang Shuanghuan Driveline 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 Shuanghuan Driveline's dividend history.
How much dividend does Zhejiang Shuanghuan Driveline pay?
Zhejiang Shuanghuan Driveline paid ¥0.12 in 2024, ¥0.08 in 2023, ¥0.06 in 2022, ¥0.02 in 2021, and ¥0.046 in 2020.
How often does Zhejiang Shuanghuan Driveline pay dividends?
Zhejiang Shuanghuan Driveline 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 Shuanghuan Driveline's dividend yield?
The current dividend yield for Zhejiang Shuanghuan Driveline is 0.42%. 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 Shuanghuan Driveline's exact dividend yield.
When does Zhejiang Shuanghuan Driveline go ex dividend?
Zhejiang Shuanghuan Driveline's ex-dividend date for the latest dividend was on 2024-06-05. Zhejiang Shuanghuan Driveline 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 Shuanghuan Driveline dividend paid?
Zhejiang Shuanghuan Driveline pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Zhejiang Shuanghuan Driveline 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 Shuanghuan Driveline 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 Shuanghuan Driveline dividend per share?
Zhejiang Shuanghuan Driveline paid ¥0.12 per share in 2024 and ¥0.08 per share in 2023. The amount of dividend per share that Zhejiang Shuanghuan Driveline 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 Shuanghuan Driveline 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 Shuanghuan Driveline 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 Shuanghuan Driveline a dividend stock?
Yes, Zhejiang Shuanghuan Driveline is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhejiang Shuanghuan Driveline a good dividend stock?
Whether Zhejiang Shuanghuan Driveline 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 Shuanghuan Driveline has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Zhejiang Shuanghuan Driveline 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 Shuanghuan Driveline pay dividends monthly?
Zhejiang Shuanghuan Driveline typically pays dividends on a annually basis.
Does Zhejiang Shuanghuan Driveline pay dividends quarterly?
Zhejiang Shuanghuan Driveline currently pays dividends on a annually basis.
Has Zhejiang Shuanghuan Driveline ever paid a dividend?
Yes, Zhejiang Shuanghuan Driveline has a history of paying dividends to its shareholders. Zhejiang Shuanghuan Driveline is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiang Shuanghuan Driveline dividend stocks?
To buy Zhejiang Shuanghuan Driveline 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 Shuanghuan Driveline 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 Shuanghuan Driveline pay dividends 2024?
Zhejiang Shuanghuan Driveline pays dividends on a annually basis. 2024 dividend payments are in 2024-06-05. 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 Shuanghuan Driveline increase its dividend in 2024?
Decisions regarding Zhejiang Shuanghuan Driveline 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 Shuanghuan Driveline dividend overview you can look into the above table of dividend history.
How Zhejiang Shuanghuan Driveline dividend works?
The Zhejiang Shuanghuan Driveline 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 Shuanghuan Driveline's dividend process works:
1. Determination of Dividend: Zhejiang Shuanghuan Driveline'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 Shuanghuan Driveline 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 Shuanghuan Driveline 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 Shuanghuan Driveline 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 Shuanghuan Driveline dividends paid?
Zhejiang Shuanghuan Driveline dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Zhejiang Shuanghuan Driveline 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 Shuanghuan Driveline 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 Shuanghuan Driveline 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 Shuanghuan Driveline pay dividends?
Zhejiang Shuanghuan Driveline 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 Shuanghuan Driveline pay dividends?
The general pattern is that Zhejiang Shuanghuan Driveline 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 Shuanghuan Driveline dividend safe?
The safety of Zhejiang Shuanghuan Driveline'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 Shuanghuan Driveline'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 Shuanghuan Driveline'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.