Zhejiang Wanfeng Auto Wheel Co., Ltd. manufactures and sells aluminum alloy wheels for the automotive industry in China. The company engages in the production, selling, and technical consultation; motorcycle aluminum alloy wheels and other parts; designs, researches and develops, manufactures, and sells lightweight magnesium materials and components for automobiles and motorcycles; research, development, manufacturing, sales and related technical services for metal, non-metallic materials and other products, karts, and environmental protection equipment; manufacturing and processing of metal bolts; and mechanical parts, coating equipment, and manufacturing of coating solvents for coating treatment, as well as coating technology services. It also manufactures textile machinery and parts; manufacturing and processing of molds, mechanical parts, and auto parts; design, test, production, sales maintenance and repair of general aviation aircraft, helicopters, aero engines, and avionics electrical and mechanical systems; import and export of goods and technology; and technology development and consulting services for the general aviation industry. Zhejiang Wanfeng Auto Wheel Co., Ltd. was founded in 1997 and is headquartered in Xinchang, China.
Zhejiang Wanfeng Auto Wheel Dividend Announcement
• Zhejiang Wanfeng Auto Wheel 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 Wanfeng Auto Wheel annual dividend for 2024 was ¥0.15
• Zhejiang Wanfeng Auto Wheel annual dividend for 2023 was ¥0.10
• Zhejiang Wanfeng Auto Wheel's trailing twelve-month (TTM) dividend yield is 0.8%
• Zhejiang Wanfeng Auto Wheel's payout ratio for the trailing twelve months (TTM) is 89.46%
Zhejiang Wanfeng Auto Wheel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-03 | ¥0.15 | annually | 2024-06-03 |
2023-06-08 | ¥0.10 | annually | 2023-06-08 |
2021-07-16 | ¥0.10 | annually | 2021-07-16 |
2020-09-10 | ¥0.20 | annually | 2020-09-10 |
2019-06-12 | ¥0.30 | annually | 2019-06-12 |
2018-05-22 | ¥0.30 | annually | 2018-05-22 |
2017-05-22 | ¥0.08 | annually | 2017-05-22 |
2016-05-04 | ¥0.05 | annually | |
2014-09-16 | ¥0.50 | annually | |
2013-09-18 | ¥0.50 | annually | |
2012-08-22 | ¥0.50 | annually | |
2011-09-21 | ¥0.50 | annually |
Zhejiang Wanfeng Auto Wheel Dividend per year
Zhejiang Wanfeng Auto Wheel Dividend growth
Zhejiang Wanfeng Auto Wheel Dividend Yield
Zhejiang Wanfeng Auto Wheel current trailing twelve-month (TTM) dividend yield is 0.8%. Interested in purchasing Zhejiang Wanfeng Auto Wheel stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Wanfeng Auto Wheel Financial Ratios
Zhejiang Wanfeng Auto Wheel Dividend FAQ
Other factors to consider when evaluating Zhejiang Wanfeng Auto Wheel 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.
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1. Determination of Dividend: Zhejiang Wanfeng Auto Wheel'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 Wanfeng Auto Wheel 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 Wanfeng Auto Wheel 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 Wanfeng Auto Wheel 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.
1. Record Date: Zhejiang Wanfeng Auto Wheel 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 Wanfeng Auto Wheel 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 Wanfeng Auto Wheel 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.
To assess the safety of Zhejiang Wanfeng Auto Wheel'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 Wanfeng Auto Wheel'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.