Zhejiang Tederic Machinery Co., Ltd. manufactures and sells injection molding machine (IMM) worldwide. The company offers toggle type, two-platen, full electric type, and multi-component IMM production lines, as well as related components. Its products have applications in auto parts, packaging, communication electronics, medical, logistics, home appliances, utility tunnel and pipe fitting, electronics and office automation, and food and medicine package industries. Zhejiang Tederic Machinery Co., Ltd. is headquartered in Hangzhou, China.
Zhejiang Tederic Machinery Dividend Announcement
• Zhejiang Tederic Machinery announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-06-03. Ex dividend date: 2024-06-03 • Zhejiang Tederic Machinery annual dividend for 2024 was ¥0.15 • Zhejiang Tederic Machinery annual dividend for 2023 was ¥0.15 • Zhejiang Tederic Machinery's trailing twelve-month (TTM) dividend yield is 1.76% • Zhejiang Tederic Machinery's payout ratio for the trailing twelve months (TTM) is 190.16% • Zhejiang Tederic Machinery's dividend growth over the last five years (2018-2023) was 8.45% year
Zhejiang Tederic Machinery current trailing twelve-month (TTM) dividend yield is 1.76%. Interested in purchasing Zhejiang Tederic Machinery stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Tederic Machinery Financial Ratios
P/E ratio53.07
PEG ratio-10.10
P/B ratio1.77
ROE3.35%
Payout ratio190.16%
Current ratio1.54
Quick ratio1.28
Cash Ratio0.73
Zhejiang Tederic Machinery Dividend FAQ
How much is the next Zhejiang Tederic Machinery dividend?
Zhejiang Tederic Machinery'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 Tederic Machinery dividend. The next Zhejiang Tederic Machinery dividend will be released in June.
When is Zhejiang Tederic Machinery dividend paid?
Zhejiang Tederic Machinery pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Tederic Machinery pay?
The specific amount of Zhejiang Tederic Machinery 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 Tederic Machinery's dividend history.
Does Zhejiang Tederic Machinery stock pay dividends?
Yes, Zhejiang Tederic Machinery 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 Tederic Machinery's dividend history.
How much dividend does Zhejiang Tederic Machinery pay?
Zhejiang Tederic Machinery paid ¥0.15 in 2024, ¥0.15 in 2023, ¥0.2 in 2022, ¥0.2 in 2021, and ¥0.2 in 2020.
How often does Zhejiang Tederic Machinery pay dividends?
Zhejiang Tederic Machinery 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 June.
What is Zhejiang Tederic Machinery's dividend yield?
The current dividend yield for Zhejiang Tederic Machinery is 1.76%. 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 Tederic Machinery's exact dividend yield.
When does Zhejiang Tederic Machinery go ex dividend?
Zhejiang Tederic Machinery's ex-dividend date for the latest dividend was on 2024-06-03. Zhejiang Tederic Machinery 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 Tederic Machinery dividend paid?
Zhejiang Tederic Machinery pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Zhejiang Tederic Machinery 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 Tederic Machinery 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 Tederic Machinery dividend per share?
Zhejiang Tederic Machinery paid ¥0.15 per share in 2024 and ¥0.15 per share in 2023. The amount of dividend per share that Zhejiang Tederic Machinery 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 Tederic Machinery 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 Tederic Machinery 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 Tederic Machinery a dividend stock?
Yes, Zhejiang Tederic Machinery is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhejiang Tederic Machinery a good dividend stock?
Whether Zhejiang Tederic Machinery 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 Tederic Machinery has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Zhejiang Tederic Machinery 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 Tederic Machinery pay dividends monthly?
Zhejiang Tederic Machinery typically pays dividends on a annually basis.
Does Zhejiang Tederic Machinery pay dividends quarterly?
Zhejiang Tederic Machinery currently pays dividends on a annually basis.
Has Zhejiang Tederic Machinery ever paid a dividend?
Yes, Zhejiang Tederic Machinery has a history of paying dividends to its shareholders. Zhejiang Tederic Machinery is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiang Tederic Machinery dividend stocks?
To buy Zhejiang Tederic Machinery 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 Tederic Machinery 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 Tederic Machinery pay dividends 2024?
Zhejiang Tederic Machinery pays dividends on a annually basis. 2024 dividend payments are in 2024-06-03. 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 Tederic Machinery increase its dividend in 2024?
Decisions regarding Zhejiang Tederic Machinery 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 Tederic Machinery dividend overview you can look into the above table of dividend history.
How Zhejiang Tederic Machinery dividend works?
The Zhejiang Tederic Machinery 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 Tederic Machinery's dividend process works:
1. Determination of Dividend: Zhejiang Tederic Machinery'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 Tederic Machinery 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 Tederic Machinery 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 Tederic Machinery 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 Tederic Machinery dividends paid?
Zhejiang Tederic Machinery dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Zhejiang Tederic Machinery 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 Tederic Machinery 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 Tederic Machinery 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 Tederic Machinery pay dividends?
Zhejiang Tederic Machinery 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 Tederic Machinery pay dividends?
The general pattern is that Zhejiang Tederic Machinery pays dividends around June. 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 Tederic Machinery dividend safe?
The safety of Zhejiang Tederic Machinery'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 Tederic Machinery'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 Tederic Machinery'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.