Zhejiang Sanwei Rubber Item Co., Ltd. manufactures and sells conveyor belt and V belt products for bulk materials and various industrial applications. The company offers EP, NN, steel cord, flame retardant, high temperature resistant, chevron, cold resistant, anti-tear conveyor steel cord, CFW, chemical resistant, single multi textile, heat and oil resistant, pipe, and sensor conveyor belts. It also provides rubber, raw edge cogged, banded, agricultural, motor, variable speed, classical, narrow, hexagonal, poly rib V belts, etc. In addition, the company offers conveyor maintenance services to a range of mining clients. The company was formerly known as Sanmen County V Belt Factory and changed its name to Zhejiang Sanwei Rubber Item Co., Ltd. in August 1997. Zhejiang Sanwei Rubber Item Co., Ltd. was founded in 1990 and is based in Taizhou, China.
Zhejiangnwei Rubber Item Dividend Announcement
• Zhejiangnwei Rubber Item announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-07-19 • Zhejiangnwei Rubber Item annual dividend for 2024 was ¥0.05 • Zhejiangnwei Rubber Item's trailing twelve-month (TTM) dividend yield is 0.4% • Zhejiangnwei Rubber Item's payout ratio for the trailing twelve months (TTM) is 612.82%
Zhejiangnwei Rubber Item current trailing twelve-month (TTM) dividend yield is 0.4%. Interested in purchasing Zhejiangnwei Rubber Item stock? Use our calculator to estimate your expected dividend yield:
Zhejiangnwei Rubber Item Financial Ratios
P/E ratio292.71
PEG ratio6.77
P/B ratio3.76
ROE1.28%
Payout ratio612.82%
Current ratio0.49
Quick ratio0.37
Cash Ratio0.05
Zhejiangnwei Rubber Item Dividend FAQ
How much is the next Zhejiangnwei Rubber Item dividend?
Zhejiangnwei Rubber Item's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Zhejiangnwei Rubber Item dividend. The next Zhejiangnwei Rubber Item dividend will be released in .
When is Zhejiangnwei Rubber Item dividend paid?
Zhejiangnwei Rubber Item pays dividends on a annually basis. The specific dates may vary each year but are generally around . 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 Zhejiangnwei Rubber Item pay?
The specific amount of Zhejiangnwei Rubber Item 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 Zhejiangnwei Rubber Item's dividend history.
Does Zhejiangnwei Rubber Item stock pay dividends?
Yes, Zhejiangnwei Rubber Item 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 Zhejiangnwei Rubber Item's dividend history.
How much dividend does Zhejiangnwei Rubber Item pay?
Zhejiangnwei Rubber Item paid ¥0.05 in 2024, ¥0.0 in 2023, ¥0.0 in 2022, ¥0.15 in 2021, and ¥0.23 in 2020.
How often does Zhejiangnwei Rubber Item pay dividends?
Zhejiangnwei Rubber Item typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around .
What is Zhejiangnwei Rubber Item's dividend yield?
The current dividend yield for Zhejiangnwei Rubber Item is 0.4%. 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 Zhejiangnwei Rubber Item's exact dividend yield.
When does Zhejiangnwei Rubber Item go ex dividend?
Zhejiangnwei Rubber Item's ex-dividend date for the latest dividend was on 2024-07-19. Zhejiangnwei Rubber Item 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 Zhejiangnwei Rubber Item dividend paid?
Zhejiangnwei Rubber Item pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Zhejiangnwei Rubber Item 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 Zhejiangnwei Rubber Item 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 Zhejiangnwei Rubber Item dividend per share?
Zhejiangnwei Rubber Item paid ¥0.05 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Zhejiangnwei Rubber Item 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 Zhejiangnwei Rubber Item 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 Zhejiangnwei Rubber Item 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 Zhejiangnwei Rubber Item a dividend stock?
Yes, Zhejiangnwei Rubber Item is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhejiangnwei Rubber Item a good dividend stock?
Whether Zhejiangnwei Rubber Item is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Zhejiangnwei Rubber Item has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Zhejiangnwei Rubber Item 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 Zhejiangnwei Rubber Item pay dividends monthly?
Zhejiangnwei Rubber Item typically pays dividends on a annually basis.
Does Zhejiangnwei Rubber Item pay dividends quarterly?
Zhejiangnwei Rubber Item currently pays dividends on a annually basis.
Has Zhejiangnwei Rubber Item ever paid a dividend?
Yes, Zhejiangnwei Rubber Item has a history of paying dividends to its shareholders. Zhejiangnwei Rubber Item is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhejiangnwei Rubber Item dividend stocks?
To buy Zhejiangnwei Rubber Item 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 Zhejiangnwei Rubber Item 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 Zhejiangnwei Rubber Item pay dividends 2024?
Zhejiangnwei Rubber Item pays dividends on a annually basis. 2024 dividend payments are in 2024-07-19. 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 Zhejiangnwei Rubber Item increase its dividend in 2024?
Decisions regarding Zhejiangnwei Rubber Item 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 Zhejiangnwei Rubber Item dividend overview you can look into the above table of dividend history.
How Zhejiangnwei Rubber Item dividend works?
The Zhejiangnwei Rubber Item 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 Zhejiangnwei Rubber Item's dividend process works:
1. Determination of Dividend: Zhejiangnwei Rubber Item'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, Zhejiangnwei Rubber Item 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, Zhejiangnwei Rubber Item 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 Zhejiangnwei Rubber Item 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 Zhejiangnwei Rubber Item dividends paid?
Zhejiangnwei Rubber Item dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Zhejiangnwei Rubber Item 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, Zhejiangnwei Rubber Item distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Zhejiangnwei Rubber Item 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 Zhejiangnwei Rubber Item pay dividends?
Zhejiangnwei Rubber Item typically pays dividends on a 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 Zhejiangnwei Rubber Item pay dividends?
The general pattern is that Zhejiangnwei Rubber Item pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Zhejiangnwei Rubber Item dividend safe?
The safety of Zhejiangnwei Rubber Item'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 Zhejiangnwei Rubber Item'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 Zhejiangnwei Rubber Item'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.