Chongqing Machinery & Electric Co Stock

Chongqing Machinery & Electric Co Dividend 2024

Chongqing Machinery & Electric Co Dividend

0.03 CNY

Chongqing Machinery & Electric Co Dividend yield

6.81 %

Ticker

2722.HK

ISIN

CNE1000009W5

WKN

A0Q29M

How much dividend does Chongqing Machinery & Electric Co 2024 pay?

According to the latest status from September 2024, Chongqing Machinery & Electric Co paid a total of 0.03 CNY per share in dividends within the last 12 months. With the current Chongqing Machinery & Electric Co price of 0.48 CNY, this corresponds to a dividend yield of 6.81 %. A dividend is paid times per year.

6.81 % Dividend Yield=
0.03 CNY Dividend
0.48 CNY Stock Price

Historical Chongqing Machinery & Electric Co Dividends

A dividend is paid times per year. Last year, the payout months were and July.

PaydateDividend
7/14/20240.02
7/26/20230.03
7/27/20220.04
7/28/20210.01
7/23/20200.01
7/28/20190.05
8/3/20180.04
7/20/20170.04
7/30/20160.03
7/22/20150.06
7/20/20140.05
7/20/20130.04
7/21/20120.06
6/3/20110.08
6/13/20100.06
1

Chongqing Machinery & Electric Co dividend history and estimates

In 2023, Chongqing Machinery & Electric Co paid a dividend amounting to 0.03 CNY. Dividend means that Chongqing Machinery & Electric Co distributes a portion of its profits to its owners.
  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for Chongqing Machinery & Electric Co provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Chongqing Machinery & Electric Co’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Chongqing Machinery & Electric Co's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Chongqing Machinery & Electric Co Dividend History

DateChongqing Machinery & Electric Co Dividend
20230.03 undefined
20220.04 undefined
20210.01 undefined
20200.01 undefined
20190.05 undefined
20180.04 undefined
20170.04 undefined
20160.03 undefined
20150.06 undefined
20140.05 undefined
20130.04 undefined
20120.06 undefined
20110.08 undefined
20100.06 undefined

Is the Chongqing Machinery & Electric Co Dividend Safe?

Chongqing Machinery & Electric Co has been increasing the dividend for 3 years.

Over the past 10 years, Chongqing Machinery & Electric Co has increased it by an annual -0.629 %.

Over a five-year period, the distribution increased by -1.916%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

Chongqing Machinery & Electric Co dividend payout ratio

In 2023, Chongqing Machinery & Electric Co had a payout ratio of 26.96%. The payout ratio indicates the percentage of the company's profits that Chongqing Machinery & Electric Co distributes as dividends.
  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Chongqing Machinery & Electric Co represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Chongqing Machinery & Electric Co could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Chongqing Machinery & Electric Co's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Chongqing Machinery & Electric Co Payout Ratio History

DateChongqing Machinery & Electric Co Payout ratio
202326.96 %
202243.92 %
202115.05 %
202021.89 %
201991.08 %
201830.16 %
201744.63 %
201624.61 %
201551.45 %
201435.99 %
201325 %
201250 %
201140 %
201031.58 %
200926.96 %
200826.96 %
200726.96 %
200626.96 %
200526.96 %

Dividend Details

Understanding Chongqing Machinery & Electric Co's Dividend Distributions

Chongqing Machinery & Electric Co’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Chongqing Machinery & Electric Co's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Chongqing Machinery & Electric Co's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Chongqing Machinery & Electric Co’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Chongqing Machinery & Electric Co Aktienanalyse

What does Chongqing Machinery & Electric Co do?

Chongqing Machinery & Electric Co Ltd is a Chinese company that was founded in 1937. The company is headquartered in Chongqing, China and currently employs over 12,000 employees. The company specializes in the manufacture of various machinery and electrical equipment. The company's product range includes engines, generators, pumps, steam turbines, transformers, and many other machines and devices. The core business of the company is the production of machinery for power generation. The company manufactures both conventional and renewable energy systems. The renewable energy systems include wind power plants, hydropower plants, and solar power plants. The conventional energy systems include coal-fired power plants, gas and oil-fired power plants, and nuclear power plants. The company also has a strong presence in heavy industry. It provides products for the production of steel, chemical products, mechanical engineering, and other industrial applications. The company is also an important supplier to the Chinese defense industry. It produces military components and systems such as missiles, aircraft, and ships. During the 1980s, the company took a more international approach and began selling its products on the global market. Today, the company has customers and partners in many countries worldwide, including India, Russia, and South Africa. The company invests heavily in research and development to stay competitive. Chongqing Machinery & Electric Co Ltd has several technology-oriented research institutes where new technologies and products are being researched. Chongqing Machinery & Electric Co Ltd is a large company with a long history and a wide range of products. The company specializes in the production of machinery and equipment for power generation, heavy industry, defense industry, and other applications. It is a major player in the Chinese industry and also has a strong presence in the international market. Chongqing Machinery & Electric Co is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about Chongqing Machinery & Electric Co stock

How much dividend does Chongqing Machinery & Electric Co pay?

Over the past 12 months, Chongqing Machinery & Electric Co paid a dividend of 0.03 CNY . This corresponds to a dividend yield of about 6.81 %. For the coming 12 months, Chongqing Machinery & Electric Co is expected to pay a dividend of 0.03 CNY.

What is the dividend yield of Chongqing Machinery & Electric Co?

The current dividend yield of Chongqing Machinery & Electric Co is 6.81 %.

When does Chongqing Machinery & Electric Co pay dividends?

Chongqing Machinery & Electric Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Chongqing Machinery & Electric Co?

Chongqing Machinery & Electric Co paid dividends every year for the past 14 years.

What is the dividend of Chongqing Machinery & Electric Co?

For the upcoming 12 months, dividends amounting to 0.03 CNY are expected. This corresponds to a dividend yield of 6.81 %.

In which sector is Chongqing Machinery & Electric Co located?

Chongqing Machinery & Electric Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Chongqing Machinery & Electric Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Chongqing Machinery & Electric Co from 7/26/2024 amounting to 0.022 CNY, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Chongqing Machinery & Electric Co pay the last dividend?

The last dividend was paid out on 7/26/2024.

What was the dividend of Chongqing Machinery & Electric Co in the year 2023?

In the year 2023, Chongqing Machinery & Electric Co distributed 0.035 CNY as dividends.

In which currency does Chongqing Machinery & Electric Co pay out the dividend?

The dividends of Chongqing Machinery & Electric Co are distributed in CNY.

Andere Kennzahlen von Chongqing Machinery & Electric Co

Our stock analysis for Chongqing Machinery & Electric Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Chongqing Machinery & Electric Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.