Sinomach Precision Industry Group Co Stock

Sinomach Precision Industry Group Co Dividend 2024

Sinomach Precision Industry Group Co Dividend

0.18 CNY

Sinomach Precision Industry Group Co Dividend yield

1.5 %

Ticker

002046.SZ

ISIN

CNE000001LY1

How much dividend does Sinomach Precision Industry Group Co 2024 pay?

According to the latest status from October 2024, Sinomach Precision Industry Group Co paid a total of 0.18 CNY per share in dividends within the last 12 months. With the current Sinomach Precision Industry Group Co price of 11.83 CNY, this corresponds to a dividend yield of 1.5 %. A dividend is paid times per year.

1.5 % Dividend Yield=
0.18 CNY Dividend
11.83 CNY Stock Price

Historical Sinomach Precision Industry Group Co Dividends

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

PaydateDividend
7/13/20240.2
7/13/20230.18
7/30/20220.1
7/30/20210.05
7/29/20200.02
7/28/20190.01
7/22/20180.01
7/16/20170.01
8/27/20150.01
7/5/20140.03
7/14/20130.05
7/27/20120.05
7/1/20110.13
7/9/20100.1
12/12/20090.09
7/11/20080.1
6/28/20070.08
6/29/20060.1
1

Sinomach Precision Industry Group Co dividend history and estimates

In 2023, Sinomach Precision Industry Group Co paid a dividend amounting to 0.18 CNY. Dividend means that Sinomach Precision Industry Group Co distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

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

Investment Strategy

Incorporate the dividend data in evaluating Sinomach Precision Industry 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.

Sinomach Precision Industry Group Co Dividend History

DateSinomach Precision Industry Group Co Dividend
2025e0.19 undefined
2024e0.19 undefined
20230.18 undefined
20220.1 undefined
20210.05 undefined
20200.02 undefined
20190.01 undefined
20180.01 undefined
20170.01 undefined
20150.01 undefined
20140.03 undefined
20130.04 undefined
20120.04 undefined
20110.07 undefined
20100.05 undefined
20090.04 undefined
20080.05 undefined
20070.04 undefined
20060.04 undefined

Is the Sinomach Precision Industry Group Co Dividend Safe?

Sinomach Precision Industry Group Co has been increasing the dividend for 5 years.

Over the past 10 years, Sinomach Precision Industry Group Co has increased it by an annual 14.7 %.

Over a five-year period, the distribution increased by 77.662%.

Analysts expect a Dividend Increase of 2.977% for the current fiscal year.

Sinomach Precision Industry Group Co dividend payout ratio

In 2023, Sinomach Precision Industry Group Co had a payout ratio of 18.19%. The payout ratio indicates the percentage of the company's profits that Sinomach Precision Industry Group Co distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Sinomach Precision Industry 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 Sinomach Precision Industry 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 Sinomach Precision Industry 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.

Sinomach Precision Industry Group Co Payout Ratio History

DateSinomach Precision Industry Group Co Payout ratio
2025e20.24 %
2024e19.81 %
202318.19 %
202222.72 %
202118.52 %
202013.33 %
201928 %
201825 %
201727.5 %
201618.19 %
2015-1.92 %
201444.91 %
201337.42 %
201220.41 %
201126.6 %
201027.78 %
200928.67 %
200838.46 %
200726.67 %
200628.57 %
200518.19 %
200418.19 %

Dividend Details

Understanding Sinomach Precision Industry Group Co's Dividend Distributions

Sinomach Precision Industry 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 Sinomach Precision Industry 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

Sinomach Precision Industry 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 Sinomach Precision Industry 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.

Sinomach Precision Industry Group Co Aktienanalyse

What does Sinomach Precision Industry Group Co do?

Sinomach Precision Industry Group 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 Sinomach Precision Industry Group Co stock

How much dividend does Sinomach Precision Industry Group Co pay?

Over the past 12 months, Sinomach Precision Industry Group Co paid a dividend of 0.18 CNY . This corresponds to a dividend yield of about 1.5 %. For the coming 12 months, Sinomach Precision Industry Group Co is expected to pay a dividend of 0.19 CNY.

What is the dividend yield of Sinomach Precision Industry Group Co?

The current dividend yield of Sinomach Precision Industry Group Co is 1.5 %.

When does Sinomach Precision Industry Group Co pay dividends?

Sinomach Precision Industry Group Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Sinomach Precision Industry Group Co?

Sinomach Precision Industry Group Co paid dividends every year for the past 9 years.

What is the dividend of Sinomach Precision Industry Group Co?

For the upcoming 12 months, dividends amounting to 0.19 CNY are expected. This corresponds to a dividend yield of 1.59 %.

In which sector is Sinomach Precision Industry Group Co located?

Sinomach Precision Industry Group Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Sinomach Precision Industry Group Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sinomach Precision Industry Group Co from 6/13/2024 amounting to 0.2 CNY, you needed to have the stock in your portfolio before the ex-date on 6/13/2024.

When did Sinomach Precision Industry Group Co pay the last dividend?

The last dividend was paid out on 6/13/2024.

What was the dividend of Sinomach Precision Industry Group Co in the year 2023?

In the year 2023, Sinomach Precision Industry Group Co distributed 0.101 CNY as dividends.

In which currency does Sinomach Precision Industry Group Co pay out the dividend?

The dividends of Sinomach Precision Industry Group Co are distributed in CNY.

Andere Kennzahlen von Sinomach Precision Industry Group Co

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