Zhejiang Yinlun Machinery Co.,Ltd. offers oil, water, and gas heat exchange products. It provides oil coolers, including stainless steel, aluminum, and copper-tube oil coolers; and cooling modules comprising charge air coolers, water-air intercoolers, radiator, commercial vehicle cooling, engineering machinery cooling, car front-end, and other cooling module products. The company also offers exhaust gas recirculation systems, urea-SCR systems and aluminum die-casting parts. Its products are used in automobiles, engineering machinery, agricultural machinery, locomotives, wind power generation, generator units, ships, compressors, and industry and civil use applications. The company is based in Tiantai County, China.
Zhejiang Yinlun Machinery Dividend Announcement
• Zhejiang Yinlun Machinery announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-05-20. Ex dividend date: 2024-05-20
• Zhejiang Yinlun Machinery annual dividend for 2024 was ¥0.10
• Zhejiang Yinlun Machinery annual dividend for 2023 was ¥0.08
• Zhejiang Yinlun Machinery's trailing twelve-month (TTM) dividend yield is 0.56%
• Zhejiang Yinlun Machinery's payout ratio for the trailing twelve months (TTM) is 22.63%
• Zhejiang Yinlun Machinery's dividend growth over the last five years (2018-2023) was 14.87% year
• Zhejiang Yinlun Machinery's dividend growth over the last ten years (2013-2023) was 10.31% year
Zhejiang Yinlun Machinery Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-20 | ¥0.10 | annually | 2024-05-20 |
2023-07-04 | ¥0.08 | annually | 2023-07-04 |
2022-06-27 | ¥0.08 | annually | 2022-06-27 |
2021-05-18 | ¥0.08 | annually | 2021-05-18 |
2020-06-23 | ¥0.08 | annually | 2020-06-23 |
2019-06-18 | ¥0.05 | annually | 2019-06-18 |
2018-05-21 | ¥0.04 | annually | 2018-05-21 |
2017-05-16 | ¥0.04 | annually | 2017-05-16 |
2016-06-17 | ¥0.06 | annually | |
2015-06-18 | ¥0.05 | annually | |
2014-05-30 | ¥0.04 | annually | |
2013-06-26 | ¥0.03 | annually |
Zhejiang Yinlun Machinery Dividend per year
Zhejiang Yinlun Machinery Dividend growth
Zhejiang Yinlun Machinery Dividend Yield
Zhejiang Yinlun Machinery current trailing twelve-month (TTM) dividend yield is 0.56%. Interested in purchasing Zhejiang Yinlun Machinery stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Yinlun Machinery Financial Ratios
Zhejiang Yinlun Machinery Dividend FAQ
Other factors to consider when evaluating Zhejiang Yinlun Machinery 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 Yinlun Machinery'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 Yinlun Machinery 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 Yinlun Machinery 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 Yinlun Machinery 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 Yinlun Machinery 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 Yinlun Machinery 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 Yinlun Machinery 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 Yinlun Machinery'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 Yinlun Machinery'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.