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Zhongji Innolight Co., Ltd. researches, designs, develops, manufactures, and sells intelligent equipment in China and internationally. The company offers motor stator coil winding equipment for use in various motor manufacturing fields, such as household electrical appliances, small and medium-sized industrial motors, automotive generators, and driving motors of new energy vehicles. It also provides optical communication transceiver modules for customers in data centers, data communications, long-distance transmission, wireless networks, and other fields. The company was formerly known as Shandong Zhongji Electrical Equipment Co., Ltd and changed its name to Zhongji Innolight Co., Ltd. in September 2017. Zhongji Innolight Co., Ltd. was founded in 1987 and is based in Longkou, China.

Zhongji Innolight Dividend Announcement

Zhongji Innolight announced a annually dividend of ¥0.45 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06
Zhongji Innolight annual dividend for 2024 was ¥0.45
Zhongji Innolight annual dividend for 2023 was ¥0.20
Zhongji Innolight's trailing twelve-month (TTM) dividend yield is 0.36%
Zhongji Innolight's payout ratio for the trailing twelve months (TTM) is 3.69%
Zhongji Innolight's dividend growth over the last five years (2018-2023) was 39.40% year
Zhongji Innolight's dividend growth over the last ten years (2013-2023) was 1.06% year

Zhongji Innolight Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-06¥0.45annually2024-06-06
2023-06-06¥0.20annually2023-06-06
2022-05-26¥0.22annually2022-05-26
2021-06-09¥0.12annually2021-06-09
2020-07-02¥0.08annually2020-07-02
2019-06-04¥0.12annually2019-06-04
2018-07-11¥0.04annually2018-07-11
2017-06-09¥0.01annually2017-06-09
2016-08-01¥0.01annually
2015-07-14¥0.01annually
2014-06-20¥0.02annually
2013-05-17¥0.18annually

Zhongji Innolight Dividend per year

Zhongji Innolight Dividend growth

Zhongji Innolight Dividend Yield

Zhongji Innolight current trailing twelve-month (TTM) dividend yield is 0.36%. Interested in purchasing Zhongji Innolight stock? Use our calculator to estimate your expected dividend yield:

Zhongji Innolight Financial Ratios

P/E ratio30.94
PEG ratio0.77
P/B ratio8.11
ROE29.03%
Payout ratio3.69%
Current ratio2.40
Quick ratio1.37
Cash Ratio0.49

Zhongji Innolight Dividend FAQ

How much is the next Zhongji Innolight dividend?
Zhongji Innolight's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Zhongji Innolight dividend. The next Zhongji Innolight dividend will be released in June.
When is Zhongji Innolight dividend paid?
Zhongji Innolight 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 Zhongji Innolight pay?
The specific amount of Zhongji Innolight 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 Zhongji Innolight's dividend history.
Does Zhongji Innolight stock pay dividends?
Yes, Zhongji Innolight 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 Zhongji Innolight's dividend history.
How much dividend does Zhongji Innolight pay?
Zhongji Innolight paid ¥0.45 in 2024, ¥0.2 in 2023, ¥0.22 in 2022, ¥0.121 in 2021, and ¥0.084 in 2020.
How often does Zhongji Innolight pay dividends?
Zhongji Innolight 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 Zhongji Innolight's dividend yield?
The current dividend yield for Zhongji Innolight is 0.36%. 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 Zhongji Innolight's exact dividend yield.
When does Zhongji Innolight go ex dividend?
Zhongji Innolight's ex-dividend date for the latest dividend was on 2024-06-06. Zhongji Innolight 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 Zhongji Innolight dividend paid?
Zhongji Innolight pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Zhongji Innolight 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 Zhongji Innolight 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 Zhongji Innolight dividend per share?
Zhongji Innolight paid ¥0.45 per share in 2024 and ¥0.2 per share in 2023. The amount of dividend per share that Zhongji Innolight 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 Zhongji Innolight 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 Zhongji Innolight 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 Zhongji Innolight a dividend stock?
Yes, Zhongji Innolight is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Zhongji Innolight a good dividend stock?
Whether Zhongji Innolight is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Zhongji Innolight has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Zhongji Innolight 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 Zhongji Innolight pay dividends monthly?
Zhongji Innolight typically pays dividends on a annually basis.
Does Zhongji Innolight pay dividends quarterly?
Zhongji Innolight currently pays dividends on a annually basis.
Has Zhongji Innolight ever paid a dividend?
Yes, Zhongji Innolight has a history of paying dividends to its shareholders. Zhongji Innolight is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Zhongji Innolight dividend stocks?
To buy Zhongji Innolight 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 Zhongji Innolight 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 Zhongji Innolight pay dividends 2024?
Zhongji Innolight pays dividends on a annually basis. 2024 dividend payments are in 2024-06-06. 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 Zhongji Innolight increase its dividend in 2024?
Decisions regarding Zhongji Innolight 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 Zhongji Innolight dividend overview you can look into the above table of dividend history.
How Zhongji Innolight dividend works?
The Zhongji Innolight 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 Zhongji Innolight's dividend process works:

1. Determination of Dividend: Zhongji Innolight'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, Zhongji Innolight 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, Zhongji Innolight 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 Zhongji Innolight 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 Zhongji Innolight dividends paid?
Zhongji Innolight dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Zhongji Innolight 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, Zhongji Innolight distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Zhongji Innolight 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 Zhongji Innolight pay dividends?
Zhongji Innolight 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 Zhongji Innolight pay dividends?
The general pattern is that Zhongji Innolight 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 Zhongji Innolight dividend safe?
The safety of Zhongji Innolight'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 Zhongji Innolight'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 Zhongji Innolight'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.