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Zhejiang Tieliu Clutch Co., Ltd. engages in the manufacture and sale of clutch products for automobile transmission systems in China. The company provides cover assemblies, driven disk assemblies, release bearing products, hydraulic bearing products, flywheel shock absorbers, hydraulic torque converters, self-adjusting clutches, brake pads, boosters, clutch master cylinders, and double acting clutches. It offers its products for passenger cars and commercial vehicles under the Iron Flow, Desa, and WESTLAKE brands. The company also exports its products to the United States, Europe, Asia, Africa, the Middle East, and other countries. Zhejiang Tieliu Clutch Co., Ltd. was founded in 2009 and is based in Hangzhou, China.

Zhejiang Tieliu Clutch Dividend Announcement

Zhejiang Tieliu Clutch announced a annually dividend of ¥0.38 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-29
Zhejiang Tieliu Clutch annual dividend for 2024 was ¥0.38
Zhejiang Tieliu Clutch annual dividend for 2023 was ¥0.11
Zhejiang Tieliu Clutch's trailing twelve-month (TTM) dividend yield is 3.99%
Zhejiang Tieliu Clutch's payout ratio for the trailing twelve months (TTM) is 101.33%
Zhejiang Tieliu Clutch's dividend growth over the last five years (2018-2023) was -34.09% year

Zhejiang Tieliu Clutch Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-29¥0.38annually2024-05-29
2023-05-30¥0.11annually2023-05-30
2022-05-31¥0.17annually2022-05-31
2021-06-17¥0.50annually2021-06-17
2020-07-08¥0.30annually2020-07-08
2019-06-18¥0.19annually2019-06-18
2018-04-18¥0.88annually2018-04-18

Zhejiang Tieliu Clutch Dividend per year

Zhejiang Tieliu Clutch Dividend growth

Zhejiang Tieliu Clutch Dividend Yield

Zhejiang Tieliu Clutch current trailing twelve-month (TTM) dividend yield is 3.99%. Interested in purchasing Zhejiang Tieliu Clutch stock? Use our calculator to estimate your expected dividend yield:

Zhejiang Tieliu Clutch Financial Ratios

P/E ratio22.57
PEG ratio-2.26
P/B ratio1.31
ROE5.81%
Payout ratio101.33%
Current ratio1.66
Quick ratio1.23
Cash Ratio0.38

Zhejiang Tieliu Clutch Dividend FAQ

How much is the next Zhejiang Tieliu Clutch dividend?
Zhejiang Tieliu Clutch'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 Tieliu Clutch dividend. The next Zhejiang Tieliu Clutch dividend will be released in May.
When is Zhejiang Tieliu Clutch dividend paid?
Zhejiang Tieliu Clutch 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 Tieliu Clutch pay?
The specific amount of Zhejiang Tieliu Clutch 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 Tieliu Clutch's dividend history.
Does Zhejiang Tieliu Clutch stock pay dividends?
Yes, Zhejiang Tieliu Clutch 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 Tieliu Clutch's dividend history.
How much dividend does Zhejiang Tieliu Clutch pay?
Zhejiang Tieliu Clutch paid ¥0.38 in 2024, ¥0.11 in 2023, ¥0.17 in 2022, ¥0.5 in 2021, and ¥0.3 in 2020.
How often does Zhejiang Tieliu Clutch pay dividends?
Zhejiang Tieliu Clutch 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 Tieliu Clutch's dividend yield?
The current dividend yield for Zhejiang Tieliu Clutch is 3.99%. 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 Tieliu Clutch's exact dividend yield.
When does Zhejiang Tieliu Clutch go ex dividend?
Zhejiang Tieliu Clutch's ex-dividend date for the latest dividend was on 2024-05-29. Zhejiang Tieliu Clutch 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 Tieliu Clutch dividend paid?
Zhejiang Tieliu Clutch pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Zhejiang Tieliu Clutch 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 Tieliu Clutch 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 Tieliu Clutch dividend per share?
Zhejiang Tieliu Clutch paid ¥0.38 per share in 2024 and ¥0.11 per share in 2023. The amount of dividend per share that Zhejiang Tieliu Clutch 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 Tieliu Clutch 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 Tieliu Clutch 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 Tieliu Clutch a dividend stock?
Yes, Zhejiang Tieliu Clutch is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhejiang Tieliu Clutch a good dividend stock?
Whether Zhejiang Tieliu Clutch 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 Tieliu Clutch has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Zhejiang Tieliu Clutch 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 Tieliu Clutch pay dividends monthly?
Zhejiang Tieliu Clutch typically pays dividends on a annually basis.
Does Zhejiang Tieliu Clutch pay dividends quarterly?
Zhejiang Tieliu Clutch currently pays dividends on a annually basis.
Has Zhejiang Tieliu Clutch ever paid a dividend?
Yes, Zhejiang Tieliu Clutch has a history of paying dividends to its shareholders. Zhejiang Tieliu Clutch is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiang Tieliu Clutch dividend stocks?
To buy Zhejiang Tieliu Clutch 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 Tieliu Clutch 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 Tieliu Clutch pay dividends 2024?
Zhejiang Tieliu Clutch pays dividends on a annually basis. 2024 dividend payments are in 2024-05-29. 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 Tieliu Clutch increase its dividend in 2024?
Decisions regarding Zhejiang Tieliu Clutch 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 Tieliu Clutch dividend overview you can look into the above table of dividend history.
How Zhejiang Tieliu Clutch dividend works?
The Zhejiang Tieliu Clutch 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 Tieliu Clutch's dividend process works:

1. Determination of Dividend: Zhejiang Tieliu Clutch'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 Tieliu Clutch 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 Tieliu Clutch 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 Tieliu Clutch 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 Tieliu Clutch dividends paid?
Zhejiang Tieliu Clutch dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Zhejiang Tieliu Clutch 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 Tieliu Clutch 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 Tieliu Clutch 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 Tieliu Clutch pay dividends?
Zhejiang Tieliu Clutch 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 Tieliu Clutch pay dividends?
The general pattern is that Zhejiang Tieliu Clutch 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 Tieliu Clutch dividend safe?
The safety of Zhejiang Tieliu Clutch'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 Tieliu Clutch'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 Tieliu Clutch'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.