Zhejiang Wanliyang Co., Ltd. operates in the automobile transmission industry in China and internationally. The company develops, manufactures, and sells automotive products, including passenger car transmission and commercial vehicle transmission for use in sedans, SUVs, MPVs, micro trucks, light trucks, mid trucks, heavy trucks, buses, and other models. It also provides automotive interior products, such as dashboards, door panels, bumpers, interior accessories, steering wheels, etc. The company was formerly known as Zhejiang Wanliyang Transmission Company Ltd. and changed its name to Zhejiang Wanliyang Co., Ltd. in January 2016. Zhejiang Wanliyang Co., Ltd. was founded in 2003 and is headquartered in Hangzhou, China.
Zhejiang Wanliyang Dividend Announcement
• Zhejiang Wanliyang announced a annually dividend of ¥0.30 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-07
• Zhejiang Wanliyang annual dividend for 2024 was ¥0.30
• Zhejiang Wanliyang's trailing twelve-month (TTM) dividend yield is 4.57%
• Zhejiang Wanliyang's payout ratio for the trailing twelve months (TTM) is 189.76%
Zhejiang Wanliyang Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-07 | ¥0.30 | annually | 2024-06-07 |
2021-05-19 | ¥0.45 | annually | 2021-05-19 |
2020-06-12 | ¥0.10 | annually | 2020-06-12 |
2019-07-02 | ¥0.15 | annually | 2019-07-02 |
2018-05-22 | ¥0.15 | annually | 2018-05-22 |
2017-05-12 | ¥0.10 | annually | 2017-05-12 |
2016-04-11 | ¥0.15 | annually | |
2015-05-14 | ¥0.20 | annually | |
2014-04-22 | ¥0.15 | annually | |
2013-05-17 | ¥0.10 | annually | |
2012-05-18 | ¥0.10 | annually | |
2011-06-02 | ¥0.20 | annually |
Zhejiang Wanliyang Dividend per year
Zhejiang Wanliyang Dividend growth
Zhejiang Wanliyang Dividend Yield
Zhejiang Wanliyang current trailing twelve-month (TTM) dividend yield is 4.57%. Interested in purchasing Zhejiang Wanliyang stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Wanliyang Financial Ratios
Zhejiang Wanliyang Dividend FAQ
Other factors to consider when evaluating Zhejiang Wanliyang 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 Wanliyang'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 Wanliyang 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 Wanliyang 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 Wanliyang 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 Wanliyang 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 Wanliyang 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 Wanliyang 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 Wanliyang'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 Wanliyang'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.