Tongling Jingda Special Magnet Wire Co Stock

Tongling Jingda Special Magnet Wire Co Dividend 2024

Tongling Jingda Special Magnet Wire Co Dividend

0.12 CNY

Tongling Jingda Special Magnet Wire Co Dividend yield

2.87 %

Ticker

600577.SS

ISIN

CNE000001CG7

How much dividend does Tongling Jingda Special Magnet Wire Co 2024 pay?

According to the latest status from September 2024, Tongling Jingda Special Magnet Wire Co paid a total of 0.12 CNY per share in dividends within the last 12 months. With the current Tongling Jingda Special Magnet Wire Co price of 4.18 CNY, this corresponds to a dividend yield of 2.87 %. A dividend is paid times per year.

2.87 % Dividend Yield=
0.12 CNY Dividend
4.18 CNY Stock Price

Historical Tongling Jingda Special Magnet Wire Co Dividends

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

PaydateDividend
5/26/20240.13
6/4/20230.12
7/1/20220.03
5/26/20210.02
10/28/20200.05
6/11/20200.07
7/12/20190.04
5/27/20180.08
10/13/20170.05
6/11/20170.08
6/12/20160.06
7/11/20150.05
5/18/20140.02
6/17/20130.02
5/11/20120.05
5/15/20100.1
6/12/20090.1
10/1/20060.12
10/19/20050.1
11/22/20040.1
1
2

Tongling Jingda Special Magnet Wire Co dividend history and estimates

In 2023, Tongling Jingda Special Magnet Wire Co paid a dividend amounting to 0.12 CNY. Dividend means that Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire Co’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Tongling Jingda Special Magnet Wire 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.

Tongling Jingda Special Magnet Wire Co Dividend History

DateTongling Jingda Special Magnet Wire Co Dividend
2026e0.13 undefined
2025e0.13 undefined
2024e0.13 undefined
20230.12 undefined
20220.03 undefined
20210.02 undefined
20200.12 undefined
20190.04 undefined
20180.08 undefined
20170.13 undefined
20160.06 undefined
20150.05 undefined
20140.01 undefined
20130.01 undefined
20120.03 undefined
20100.05 undefined
20090.05 undefined
20060.03 undefined
20050.02 undefined
20040.02 undefined

Is the Tongling Jingda Special Magnet Wire Co Dividend Safe?

Tongling Jingda Special Magnet Wire Co has been increasing the dividend for 2 years.

Over the past 10 years, Tongling Jingda Special Magnet Wire Co has increased it by an annual 28.209 %.

Over a five-year period, the distribution increased by 8.447%.

Analysts expect a Dividend Increase of 3.072% for the current fiscal year.

Tongling Jingda Special Magnet Wire Co dividend payout ratio

In 2023, Tongling Jingda Special Magnet Wire Co had a payout ratio of 26.53%. The payout ratio indicates the percentage of the company's profits that Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire 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.

Tongling Jingda Special Magnet Wire Co Payout Ratio History

DateTongling Jingda Special Magnet Wire Co Payout ratio
2026e21.4 %
2025e20.46 %
2024e17.2 %
202326.53 %
202217.65 %
20217.41 %
202054.55 %
201917.39 %
201836.36 %
201772.22 %
201654.55 %
201571.43 %
201411.11 %
201311.11 %
201231.25 %
201126.53 %
201055.56 %
200983.33 %
200826.53 %
200726.53 %
200647.57 %
200546.2 %
200457.75 %

Dividend Details

Understanding Tongling Jingda Special Magnet Wire Co's Dividend Distributions

Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire 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

Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire 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.

Tongling Jingda Special Magnet Wire Co Aktienanalyse

What does Tongling Jingda Special Magnet Wire Co do?

Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire Co stock

How much dividend does Tongling Jingda Special Magnet Wire Co pay?

Over the past 12 months, Tongling Jingda Special Magnet Wire Co paid a dividend of 0.12 CNY . This corresponds to a dividend yield of about 2.87 %. For the coming 12 months, Tongling Jingda Special Magnet Wire Co is expected to pay a dividend of 0.13 CNY.

What is the dividend yield of Tongling Jingda Special Magnet Wire Co?

The current dividend yield of Tongling Jingda Special Magnet Wire Co is 2.87 %.

When does Tongling Jingda Special Magnet Wire Co pay dividends?

Tongling Jingda Special Magnet Wire Co pays a quarterly dividend. This is distributed in the months of May, June, June, May.

How secure is the dividend of Tongling Jingda Special Magnet Wire Co?

Tongling Jingda Special Magnet Wire Co paid dividends every year for the past 15 years.

What is the dividend of Tongling Jingda Special Magnet Wire Co?

For the upcoming 12 months, dividends amounting to 0.13 CNY are expected. This corresponds to a dividend yield of 3.04 %.

In which sector is Tongling Jingda Special Magnet Wire Co located?

Tongling Jingda Special Magnet Wire Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Tongling Jingda Special Magnet Wire Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tongling Jingda Special Magnet Wire Co from 4/26/2024 amounting to 0.13 CNY, you needed to have the stock in your portfolio before the ex-date on 4/26/2024.

When did Tongling Jingda Special Magnet Wire Co pay the last dividend?

The last dividend was paid out on 4/26/2024.

What was the dividend of Tongling Jingda Special Magnet Wire Co in the year 2023?

In the year 2023, Tongling Jingda Special Magnet Wire Co distributed 0.03 CNY as dividends.

In which currency does Tongling Jingda Special Magnet Wire Co pay out the dividend?

The dividends of Tongling Jingda Special Magnet Wire Co are distributed in CNY.

Andere Kennzahlen von Tongling Jingda Special Magnet Wire Co

Our stock analysis for Tongling Jingda Special Magnet Wire 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 Tongling Jingda Special Magnet Wire Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.