Zhejiang Wanma Co., Ltd. engages in the manufacture and sale of communication cables in China and internationally. It offers power, XLPE insulated, medium and low voltage, fire-resistant, civil building, and other cables. The company also provides coaxial cables, indoor and outdoor optical cables, security data cables, component cables, etc. Its cables are used in industrial robots, semiconductor equipment, lithium battery manufacturing, lithography machines, industrial automation assembly lines, construction machinery, medical equipment, textile machinery, food machinery, and other automated intelligent precision equipment. Zhejiang Wanma Co., Ltd. was founded in 1996 and is based in Hangzhou, China.
Zhejiang Wanma Dividend Announcement
• Zhejiang Wanma announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2024-05-23. Ex dividend date: 2024-05-23
• Zhejiang Wanma annual dividend for 2024 was ¥0.06
• Zhejiang Wanma annual dividend for 2023 was ¥0.05
• Zhejiang Wanma's trailing twelve-month (TTM) dividend yield is 0.69%
• Zhejiang Wanma's payout ratio for the trailing twelve months (TTM) is 43.73%
Zhejiang Wanma Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-23 | ¥0.06 | annually | 2024-05-23 |
2023-06-16 | ¥0.05 | annually | 2023-06-16 |
2022-05-20 | ¥0.04 | annually | 2022-05-20 |
2021-06-04 | ¥0.04 | annually | 2021-06-04 |
2020-06-19 | ¥0.04 | annually | 2020-06-19 |
2019-06-21 | ¥0.02 | annually | 2019-06-21 |
2017-09-21 | ¥0.10 | annually | 2017-09-21 |
2016-06-28 | ¥0.10 | annually | |
2015-06-30 | ¥0.05 | annually | |
2014-06-06 | ¥0.05 | annually | |
2013-03-29 | ¥0.05 | annually | |
2012-03-28 | ¥0.10 | annually |
Zhejiang Wanma Dividend per year
Zhejiang Wanma Dividend growth
Zhejiang Wanma Dividend Yield
Zhejiang Wanma current trailing twelve-month (TTM) dividend yield is 0.69%. Interested in purchasing Zhejiang Wanma stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Wanma Financial Ratios
Zhejiang Wanma Dividend FAQ
Other factors to consider when evaluating Zhejiang Wanma 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 Wanma'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 Wanma 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 Wanma 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 Wanma 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 Wanma 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 Wanma 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 Wanma 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 Wanma'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 Wanma'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.