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Zhejiang Weixing New Building Materials Co., Ltd. engages in the manufacture and sale of plastic pipes in China. The company's products include PPR, PE, polypropylene-random-copolymer, PE-XB, F-PPR, and PP-R/AL pipes for water supplying applications; PE corrugated, PVC-U, and PE pipes for sewerage applications; PB-R, PE-RT II, PE-RT I, PB, and PB-XB pipes for heating applications; and hoses and plumbing accessories. It also offers HDPE same-floor drainage system, floor radiant heating system, comfortable hot water circulation system, SPM comfortable drainage system, and central hydraulic balance system solutions. The company offers its products under the Weixing, annette, and KALE brands. Zhejiang Weixing New Building Materials Co., Ltd. was founded in 1999 and is based in Linhai, China.

Zhejiang Weixing New Building Materials Dividend Announcement

Zhejiang Weixing New Building Materials announced a semi annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-09-26
Zhejiang Weixing New Building Materials annual dividend for 2024 was ¥0.90
Zhejiang Weixing New Building Materials annual dividend for 2023 was ¥0.60
Zhejiang Weixing New Building Materials's trailing twelve-month (TTM) dividend yield is 6.02%
Zhejiang Weixing New Building Materials's payout ratio for the trailing twelve months (TTM) is 247.86%
Zhejiang Weixing New Building Materials's dividend growth over the last ten years (2013-2023) was -2.84% year

Zhejiang Weixing New Building Materials Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-26¥0.10semi annually2024-09-26
2024-05-22¥0.80semi annually2024-05-22
2023-05-31¥0.60semi annually2023-05-31
2022-05-19¥0.60semi annually2022-05-19
2021-06-04¥0.50semi annually2021-06-04
2020-05-28¥0.50semi annually2020-05-28
2019-06-06¥0.50semi annually2019-06-06
2018-06-07¥0.60semi annually2018-06-07
2017-04-28¥0.60semi annually2017-04-28
2016-06-20¥0.60semi annually
2015-05-27¥0.60semi annually
2014-05-21¥0.80semi annually
2013-06-19¥0.80semi annually

Zhejiang Weixing New Building Materials Dividend per year

Zhejiang Weixing New Building Materials Dividend growth

Zhejiang Weixing New Building Materials Dividend Yield

Zhejiang Weixing New Building Materials current trailing twelve-month (TTM) dividend yield is 6.02%. Interested in purchasing Zhejiang Weixing New Building Materials stock? Use our calculator to estimate your expected dividend yield:

Zhejiang Weixing New Building Materials Financial Ratios

P/E ratio18.40
PEG ratio2.15
P/B ratio5.08
ROE24.13%
Payout ratio247.86%
Current ratio2.96
Quick ratio2.17
Cash Ratio1.20

Zhejiang Weixing New Building Materials Dividend FAQ

How much is the next Zhejiang Weixing New Building Materials dividend?
Zhejiang Weixing New Building Materials'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 Weixing New Building Materials dividend. The next Zhejiang Weixing New Building Materials dividend will be released in May.
When is Zhejiang Weixing New Building Materials dividend paid?
Zhejiang Weixing New Building Materials pays dividends on a semi 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 Weixing New Building Materials pay?
The specific amount of Zhejiang Weixing New Building Materials 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 Weixing New Building Materials's dividend history.
Does Zhejiang Weixing New Building Materials stock pay dividends?
Yes, Zhejiang Weixing New Building Materials 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 Weixing New Building Materials's dividend history.
How much dividend does Zhejiang Weixing New Building Materials pay?
Zhejiang Weixing New Building Materials paid ¥0.9 in 2024, ¥0.6 in 2023, ¥0.6 in 2022, ¥0.5 in 2021, and ¥0.5 in 2020.
How often does Zhejiang Weixing New Building Materials pay dividends?
Zhejiang Weixing New Building Materials typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around May.
What is Zhejiang Weixing New Building Materials's dividend yield?
The current dividend yield for Zhejiang Weixing New Building Materials is 6.02%. 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 Weixing New Building Materials's exact dividend yield.
When does Zhejiang Weixing New Building Materials go ex dividend?
Zhejiang Weixing New Building Materials's ex-dividend date for the latest dividend was on 2024-09-26. Zhejiang Weixing New Building Materials 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 Weixing New Building Materials dividend paid?
Zhejiang Weixing New Building Materials pays dividends on a semi annually basis, typically around May, but the exact dates can vary each year.
Will Zhejiang Weixing New Building Materials 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 Weixing New Building Materials 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 Weixing New Building Materials dividend per share?
Zhejiang Weixing New Building Materials paid ¥0.9 per share in 2024 and ¥0.6 per share in 2023. The amount of dividend per share that Zhejiang Weixing New Building Materials 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 Weixing New Building Materials 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 Weixing New Building Materials 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 Weixing New Building Materials a dividend stock?
Yes, Zhejiang Weixing New Building Materials is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhejiang Weixing New Building Materials a good dividend stock?
Whether Zhejiang Weixing New Building Materials 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 Weixing New Building Materials has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Zhejiang Weixing New Building Materials 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 Weixing New Building Materials pay dividends monthly?
Zhejiang Weixing New Building Materials typically pays dividends on a semi annually basis.
Does Zhejiang Weixing New Building Materials pay dividends quarterly?
Zhejiang Weixing New Building Materials currently pays dividends on a semi annually basis.
Has Zhejiang Weixing New Building Materials ever paid a dividend?
Yes, Zhejiang Weixing New Building Materials has a history of paying dividends to its shareholders. Zhejiang Weixing New Building Materials is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiang Weixing New Building Materials dividend stocks?
To buy Zhejiang Weixing New Building Materials 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 Weixing New Building Materials 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 Weixing New Building Materials pay dividends 2024?
Zhejiang Weixing New Building Materials pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-26. 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 Weixing New Building Materials increase its dividend in 2024?
Decisions regarding Zhejiang Weixing New Building Materials 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 Weixing New Building Materials dividend overview you can look into the above table of dividend history.
How Zhejiang Weixing New Building Materials dividend works?
The Zhejiang Weixing New Building Materials 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 Weixing New Building Materials's dividend process works:

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

1. Record Date: Zhejiang Weixing New Building Materials 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 Weixing New Building Materials 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 Weixing New Building Materials 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 Weixing New Building Materials pay dividends?
Zhejiang Weixing New Building Materials typically pays dividends on a semi 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 Weixing New Building Materials pay dividends?
The general pattern is that Zhejiang Weixing New Building Materials 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 Weixing New Building Materials dividend safe?
The safety of Zhejiang Weixing New Building Materials'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 Weixing New Building Materials'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 Weixing New Building Materials'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.