Zhejiang Yonggui Electric Equipment Co., Ltd. engages in the research and development, manufacture, and sale of connectors in China and internationally. The company offers rail transit connectors, such as EMU, city rail vehicle, traction, railway passenger, and special connectors, as well as axle equipment, accessories, and tools for railway vehicle systems; and new energy products, including high voltage high current, high voltage low current, signal, power, mating, photovoltaic system connectors, as well as charging interfaces, standard battery quick couplers, manual maintenance switches, wind power slip rings, accessories, and tools. It also provides communications connectors comprising D series high density type, D Series mixed type rectangular, D series power supply type rectangular, printed circuit, D series standard, RF coaxial, PWRBLADE power, M8 sensor, M12, YGC562 Goldfinger, LED round plastic waterproof, YGC565 series, PCB micro coaxial connectors, as well as AISG male plug terminals, accessories, and tools; and military anti-explosion connectors. The company was founded in 1973 and is headquartered in Tiantai, China.
Zhejiang Yonggui Electric Equipment Dividend Announcement
• Zhejiang Yonggui Electric Equipment announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-05-28. Ex dividend date: 2024-05-28
• Zhejiang Yonggui Electric Equipment annual dividend for 2024 was ¥0.10
• Zhejiang Yonggui Electric Equipment's trailing twelve-month (TTM) dividend yield is 0.56%
• Zhejiang Yonggui Electric Equipment's payout ratio for the trailing twelve months (TTM) is 38.42%
Zhejiang Yonggui Electric Equipment Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-28 | ¥0.10 | annually | 2024-05-28 |
2018-06-27 | ¥0.07 | annually | 2018-06-27 |
2017-06-21 | ¥0.07 | annually | 2017-06-21 |
2016-03-24 | ¥0.06 | annually | |
2015-04-09 | ¥0.25 | annually | |
2014-05-27 | ¥0.30 | annually | |
2013-05-24 | ¥0.70 | annually |
Zhejiang Yonggui Electric Equipment Dividend per year
Zhejiang Yonggui Electric Equipment Dividend growth
Zhejiang Yonggui Electric Equipment Dividend Yield
Zhejiang Yonggui Electric Equipment current trailing twelve-month (TTM) dividend yield is 0.56%. Interested in purchasing Zhejiang Yonggui Electric Equipment stock? Use our calculator to estimate your expected dividend yield:
Zhejiang Yonggui Electric Equipment Financial Ratios
Zhejiang Yonggui Electric Equipment Dividend FAQ
Other factors to consider when evaluating Zhejiang Yonggui Electric Equipment 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 Yonggui Electric Equipment'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 Yonggui Electric Equipment 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 Yonggui Electric Equipment 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 Yonggui Electric Equipment 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 Yonggui Electric Equipment 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 Yonggui Electric Equipment 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 Yonggui Electric Equipment 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 Yonggui Electric Equipment'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 Yonggui Electric Equipment'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.