Ningbo United Group Co - Stock

Ningbo United Group Co Dividend 2024

Ningbo United Group Co Dividend

0.12 CNY

Ningbo United Group Co Dividend yield

2.26 %

Ticker

600051.SS

ISIN

CNE000000PL1

How much dividend does Ningbo United Group Co 2024 pay?

According to the latest status from June 2024, Ningbo United Group Co paid a total of 0.12 CNY per share in dividends within the last 12 months. With the current Ningbo United Group Co price of 5.3 CNY, this corresponds to a dividend yield of 2.26 %. A dividend is paid times per year.

2.26 % Dividend Yield=
0.12 CNY Dividend
5.3 CNY Stock Price

Historical Ningbo United Group Co Dividends

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

PaydateDividend
7/7/20240.12
7/16/20230.12
7/10/20220.1
7/16/20210.2
6/8/20200.2
6/24/20190.15
8/6/20180.13
7/5/20170.08
7/20/20160.08
6/13/20140.16
7/13/20130.1
6/30/20120.1
7/9/20110.15
7/9/20100.15
7/10/20090.2
7/14/20070.5
7/15/20060.02
7/9/20050.1
7/17/20040.16
7/3/20030.1
1
2

Ningbo United Group Co Stock Dividend

In 2023, Ningbo United Group Co paid a dividend amounting to 0.12 CNY. Dividend means that Ningbo United Group Co distributes a portion of its profits to its owners.
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Dividend

Dividend Overview

The dividend per year chart for Ningbo United Group 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 Ningbo United Group Co’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Ningbo United Group 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.

Ningbo United Group Co Dividend History

DateNingbo United Group Co Dividend
20230.12 undefined
20220.1 undefined
20210.2 undefined
20200.2 undefined
20190.15 undefined
20180.13 undefined
20170.08 undefined
20160.08 undefined
20140.16 undefined
20130.1 undefined
20120.1 undefined
20110.15 undefined
20100.15 undefined
20090.2 undefined
20070.5 undefined
20060.02 undefined
20050.1 undefined
20040.16 undefined

Is the Ningbo United Group Co Dividend Safe?

Ningbo United Group Co has been increasing the dividend for 1 years.

Over the past 10 years, Ningbo United Group Co has increased it by an annual 1.84 %.

Over a five-year period, the distribution increased by -1.588%.

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

Ningbo United Group Co Stock Payout Ratio

In 2023, Ningbo United Group Co had a payout ratio of 21.25%. The payout ratio indicates the percentage of the company's profits that Ningbo United Group Co distributes as dividends.
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Payout ratio
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Ningbo United Group 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 Ningbo United Group 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 Ningbo United Group 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.

Ningbo United Group Co Payout Ratio History

DateNingbo United Group Co Payout ratio
202321.25 %
202220.73 %
202125 %
202018.02 %
201914.56 %
201816.25 %
20175.13 %
201616.67 %
201521.25 %
201440 %
201350 %
201290.91 %
201120 %
201026.79 %
200947.62 %
200821.25 %
2007185.19 %
20063.17 %
200571.43 %
2004160 %

Dividend Details

Understanding Ningbo United Group Co's Dividend Distributions

Ningbo United Group 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 Ningbo United Group 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

Ningbo United Group 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 Ningbo United Group 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.

Ningbo United Group Co Aktienanalyse

What does Ningbo United Group Co do?

Ningbo United Group Co Ltd is a Chinese company that was founded in 1998. It is headquartered in Ningbo, a coastal city in the eastern Chinese province of Zhejiang. Ningbo United Group is a significant manufacturer of metal parts, electrical and electronic components, automotive parts, as well as household and kitchen products. The company's business model is based on comprehensive internal control of the production chain, from raw material extraction to processing, logistics, and distribution. The goal is to offer customers the highest quality at a competitive price while ensuring continuous improvement in product quality and internal processes. The company employs over 7,000 employees and operates in more than 20 countries worldwide, covering over 100 regions and cities. Ningbo United Group has a strong presence in the electrical and electronic, automotive, household, and kitchen industries. Key business areas of Ningbo United Group include the production of electrical and electronic components used in various applications including connectors, cables, switches, transformers, batteries, and chargers. These products are primarily used in the automotive industry, telecommunications, robotics, aerospace, and military applications. Another important business area is the manufacturing of automotive parts, including brakes, suspensions, drivetrains, and transmissions. Ningbo United Group also produces engine parts, airbags, and interior parts. The company is a leading manufacturer of automotive parts in China and is currently expanding its production and distribution overseas. In the field of household and kitchen products, Ningbo United Group produces tea pots, coffee and tea machines, and kitchen appliances. The company aims to bring these products to market under its own brand name. In recent years, Ningbo United Group has also focused on the development of renewable energy-based energy products, such as batteries for electric vehicles and solar modules. Overall, Ningbo United Group is a versatile company operating in various industries. The company strives to produce and sell its products at the highest quality level while pursuing a sustainable growth strategy. With its comprehensive expertise, top-notch production, and a constant pursuit of innovation and improvement, the company has laid a strong foundation for future growth and success. Ningbo United Group Co is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Ningbo United Group Co Stock

How much dividend does Ningbo United Group Co pay?

Over the past 12 months, Ningbo United Group Co paid a dividend of 0.12 CNY . This corresponds to a dividend yield of about 2.26 %. For the coming 12 months, Ningbo United Group Co is expected to pay a dividend of 0.12 CNY.

What is the dividend yield of Ningbo United Group Co?

The current dividend yield of Ningbo United Group Co is 2.26 %.

When does Ningbo United Group Co pay dividends?

Ningbo United Group Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Ningbo United Group Co?

Ningbo United Group Co paid dividends every year for the past 8 years.

What is the dividend of Ningbo United Group Co?

For the upcoming 12 months, dividends amounting to 0.12 CNY are expected. This corresponds to a dividend yield of 2.26 %.

In which sector is Ningbo United Group Co located?

Ningbo United Group Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Ningbo United Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ningbo United Group Co from 6/7/2024 amounting to 0.12 CNY, you needed to have the stock in your portfolio before the ex-date on 6/7/2024.

When did Ningbo United Group Co pay the last dividend?

The last dividend was paid out on 6/7/2024.

What was the dividend of Ningbo United Group Co in the year 2023?

In the year 2023, Ningbo United Group Co distributed 0.1 CNY as dividends.

In which currency does Ningbo United Group Co pay out the dividend?

The dividends of Ningbo United Group Co are distributed in CNY.

Andere Kennzahlen von Ningbo United Group Co

Our stock analysis for Ningbo United Group 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 Ningbo United Group Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.