Zhiyang Innovation Technology Co., Ltd. manufactures and sells power equipment in China. It offers transmission line monitoring and management systems, DC power supply monitoring and management systems, substation auxiliary patrol systems, integrated monitoring systems, distribution network operation and maintenance systems, and AC/DC integrated power supply systems. The company also provides production integration, project implementation, and marketing services for online monitoring systems. In addition, it is also involved in the storage battery software and hardware research and development activities. The company was founded in 2006 and is based in Zibo, China.
• Zhiyang Innovation Technology announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-06-18. Ex dividend date: 2024-06-18 • Zhiyang Innovation Technology annual dividend for 2024 was ¥0.20 • Zhiyang Innovation Technology annual dividend for 2023 was ¥0.12 • Zhiyang Innovation Technology's trailing twelve-month (TTM) dividend yield is 1.13% • Zhiyang Innovation Technology's payout ratio for the trailing twelve months (TTM) is 111.54%
Zhiyang Innovation Technology current trailing twelve-month (TTM) dividend yield is 1.13%. Interested in purchasing Zhiyang Innovation Technology stock? Use our calculator to estimate your expected dividend yield:
Zhiyang Innovation Technology Financial Ratios
P/E ratio60.52
PEG ratio0.61
P/B ratio3.08
ROE5.20%
Payout ratio111.54%
Current ratio2.10
Quick ratio1.60
Cash Ratio0.09
Zhiyang Innovation Technology Dividend FAQ
How much is the next Zhiyang Innovation Technology dividend?
Zhiyang Innovation Technology's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Zhiyang Innovation Technology dividend. The next Zhiyang Innovation Technology dividend will be released in June.
When is Zhiyang Innovation Technology dividend paid?
Zhiyang Innovation Technology pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Zhiyang Innovation Technology pay?
The specific amount of Zhiyang Innovation Technology 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 Zhiyang Innovation Technology's dividend history.
Does Zhiyang Innovation Technology stock pay dividends?
Yes, Zhiyang Innovation Technology 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 Zhiyang Innovation Technology's dividend history.
How much dividend does Zhiyang Innovation Technology pay?
Zhiyang Innovation Technology paid ¥0.2 in 2024, ¥0.12 in 2023, ¥0.15 in 2022, ¥0.2 in 2021, and ¥0.0 in 2020.
How often does Zhiyang Innovation Technology pay dividends?
Zhiyang Innovation Technology 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 June.
What is Zhiyang Innovation Technology's dividend yield?
The current dividend yield for Zhiyang Innovation Technology is 1.13%. 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 Zhiyang Innovation Technology's exact dividend yield.
When does Zhiyang Innovation Technology go ex dividend?
Zhiyang Innovation Technology's ex-dividend date for the latest dividend was on 2024-06-18. Zhiyang Innovation Technology 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 Zhiyang Innovation Technology dividend paid?
Zhiyang Innovation Technology pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Zhiyang Innovation Technology 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 Zhiyang Innovation Technology 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 Zhiyang Innovation Technology dividend per share?
Zhiyang Innovation Technology paid ¥0.2 per share in 2024 and ¥0.12 per share in 2023. The amount of dividend per share that Zhiyang Innovation Technology 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 Zhiyang Innovation Technology 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 Zhiyang Innovation Technology 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 Zhiyang Innovation Technology a dividend stock?
Yes, Zhiyang Innovation Technology is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhiyang Innovation Technology a good dividend stock?
Whether Zhiyang Innovation Technology is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Zhiyang Innovation Technology has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Zhiyang Innovation Technology 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 Zhiyang Innovation Technology pay dividends monthly?
Zhiyang Innovation Technology typically pays dividends on a annually basis.
Does Zhiyang Innovation Technology pay dividends quarterly?
Zhiyang Innovation Technology currently pays dividends on a annually basis.
Has Zhiyang Innovation Technology ever paid a dividend?
Yes, Zhiyang Innovation Technology has a history of paying dividends to its shareholders. Zhiyang Innovation Technology is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhiyang Innovation Technology dividend stocks?
To buy Zhiyang Innovation Technology 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 Zhiyang Innovation Technology 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 Zhiyang Innovation Technology pay dividends 2024?
Zhiyang Innovation Technology pays dividends on a annually basis. 2024 dividend payments are in 2024-06-18. 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 Zhiyang Innovation Technology increase its dividend in 2024?
Decisions regarding Zhiyang Innovation Technology 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 Zhiyang Innovation Technology dividend overview you can look into the above table of dividend history.
How Zhiyang Innovation Technology dividend works?
The Zhiyang Innovation Technology 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 Zhiyang Innovation Technology's dividend process works:
1. Determination of Dividend: Zhiyang Innovation Technology'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, Zhiyang Innovation Technology 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, Zhiyang Innovation Technology 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 Zhiyang Innovation Technology 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 Zhiyang Innovation Technology dividends paid?
Zhiyang Innovation Technology dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Zhiyang Innovation Technology 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, Zhiyang Innovation Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Zhiyang Innovation Technology 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 Zhiyang Innovation Technology pay dividends?
Zhiyang Innovation Technology 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 Zhiyang Innovation Technology pay dividends?
The general pattern is that Zhiyang Innovation Technology pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Zhiyang Innovation Technology dividend safe?
The safety of Zhiyang Innovation Technology'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 Zhiyang Innovation Technology'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 Zhiyang Innovation Technology'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.