Zhejiang Mustang Battery Co - Stock

Zhejiang Mustang Battery Co Dividend 2024

Zhejiang Mustang Battery Co Dividend

0.5 CNY

Zhejiang Mustang Battery Co Dividend yield

3.17 %

Ticker

605378.SS

ISIN

CNE1000052Y1

How much dividend does Zhejiang Mustang Battery Co 2024 pay?

According to the latest status from June 2024, Zhejiang Mustang Battery Co paid a total of 0.5 CNY per share in dividends within the last 12 months. With the current Zhejiang Mustang Battery Co price of 15.78 CNY, this corresponds to a dividend yield of 3.17 %. A dividend is paid times per year.

3.17 % Dividend Yield=
0.5 CNY Dividend
15.78 CNY Stock Price

Historical Zhejiang Mustang Battery Co Dividends

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

PaydateDividend
7/6/20240.75
7/2/20230.5
7/2/20220.35
7/4/20210.5
1

Zhejiang Mustang Battery Co Stock Dividend

In 2023, Zhejiang Mustang Battery Co paid a dividend amounting to 0.5 CNY. Dividend means that Zhejiang Mustang Battery Co distributes a portion of its profits to its owners.
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Dividend

Dividend Overview

The dividend per year chart for Zhejiang Mustang Battery 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 Zhejiang Mustang Battery Co’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Zhejiang Mustang Battery 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.

Zhejiang Mustang Battery Co Dividend History

DateZhejiang Mustang Battery Co Dividend
20230.5 undefined
20220.35 undefined
20210.5 undefined

Is the Zhejiang Mustang Battery Co Dividend Safe?

Zhejiang Mustang Battery Co has been increasing the dividend for 1 years.

Over the past 7 years, Zhejiang Mustang Battery Co has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 0%.

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

Zhejiang Mustang Battery Co Stock Payout Ratio

In 2023, Zhejiang Mustang Battery Co had a payout ratio of 89.56%. The payout ratio indicates the percentage of the company's profits that Zhejiang Mustang Battery Co distributes as dividends.
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Zhejiang Mustang Battery 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 Zhejiang Mustang Battery 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 Zhejiang Mustang Battery 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.

Zhejiang Mustang Battery Co Payout Ratio History

DateZhejiang Mustang Battery Co Payout ratio
202389.56 %
202266.22 %
2021112.9 %
202089.56 %
201989.56 %
201889.56 %
201789.56 %

Dividend Details

Understanding Zhejiang Mustang Battery Co's Dividend Distributions

Zhejiang Mustang Battery 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 Zhejiang Mustang Battery 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

Zhejiang Mustang Battery 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 Zhejiang Mustang Battery 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.

Zhejiang Mustang Battery Co Aktienanalyse

What does Zhejiang Mustang Battery Co do?

Zhejiang Mustang Battery Co is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Zhejiang Mustang Battery Co Stock

How much dividend does Zhejiang Mustang Battery Co pay?

Over the past 12 months, Zhejiang Mustang Battery Co paid a dividend of 0.5 CNY . This corresponds to a dividend yield of about 3.17 %. For the coming 12 months, Zhejiang Mustang Battery Co is expected to pay a dividend of 0.5 CNY.

What is the dividend yield of Zhejiang Mustang Battery Co?

The current dividend yield of Zhejiang Mustang Battery Co is 3.17 %.

When does Zhejiang Mustang Battery Co pay dividends?

Zhejiang Mustang Battery Co pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Zhejiang Mustang Battery Co?

Zhejiang Mustang Battery Co paid dividends every year for the past 3 years.

What is the dividend of Zhejiang Mustang Battery Co?

For the upcoming 12 months, dividends amounting to 0.5 CNY are expected. This corresponds to a dividend yield of 3.17 %.

In which sector is Zhejiang Mustang Battery Co located?

Zhejiang Mustang Battery Co is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von Zhejiang Mustang Battery Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Zhejiang Mustang Battery Co from 6/6/2024 amounting to 0.75 CNY, you needed to have the stock in your portfolio before the ex-date on 6/6/2024.

When did Zhejiang Mustang Battery Co pay the last dividend?

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

What was the dividend of Zhejiang Mustang Battery Co in the year 2023?

In the year 2023, Zhejiang Mustang Battery Co distributed 0.35 CNY as dividends.

In which currency does Zhejiang Mustang Battery Co pay out the dividend?

The dividends of Zhejiang Mustang Battery Co are distributed in CNY.

Andere Kennzahlen von Zhejiang Mustang Battery Co

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