Zhenjiang Dongfang Electric Heating Technology Co Stock

Zhenjiang Dongfang Electric Heating Technology Co Dividend 2024

Zhenjiang Dongfang Electric Heating Technology Co Dividend

0.02 CNY

Zhenjiang Dongfang Electric Heating Technology Co Dividend yield

0.54 %

Ticker

300217.SZ

ISIN

CNE100001302

How much dividend does Zhenjiang Dongfang Electric Heating Technology Co 2024 pay?

According to the latest status from September 2024, Zhenjiang Dongfang Electric Heating Technology Co paid a total of 0.02 CNY per share in dividends within the last 12 months. With the current Zhenjiang Dongfang Electric Heating Technology Co price of 3.71 CNY, this corresponds to a dividend yield of 0.54 %. A dividend is paid times per year.

0.54 % Dividend Yield=
0.02 CNY Dividend
3.71 CNY Stock Price

Historical Zhenjiang Dongfang Electric Heating Technology Co Dividends

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

PaydateDividend
7/1/20240.07
7/1/20230.02
7/7/20220.02
7/17/20210.02
7/17/20200.01
7/28/20190.02
7/15/20180.01
7/13/20170.01
6/11/20160.03
7/16/20150.05
7/5/20140.15
7/19/20130.1
6/30/20120.09
1

Zhenjiang Dongfang Electric Heating Technology Co dividend history and estimates

In 2023, Zhenjiang Dongfang Electric Heating Technology Co paid a dividend amounting to 0.02 CNY. Dividend means that Zhenjiang Dongfang Electric Heating Technology Co distributes a portion of its profits to its owners.
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Dividend

Dividend Overview

The dividend per year chart for Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology Co’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Zhenjiang Dongfang Electric Heating Technology 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.

Zhenjiang Dongfang Electric Heating Technology Co Dividend History

DateZhenjiang Dongfang Electric Heating Technology Co Dividend
2026e0.02 undefined
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2024e0.02 undefined
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20210.02 undefined
20200.01 undefined
20190.02 undefined
20180.01 undefined
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Is the Zhenjiang Dongfang Electric Heating Technology Co Dividend Safe?

Zhenjiang Dongfang Electric Heating Technology Co has been increasing the dividend for 3 years.

Over the past 10 years, Zhenjiang Dongfang Electric Heating Technology Co has increased it by an annual 1.115 %.

Over a five-year period, the distribution increased by 14.87%.

Analysts expect a Dividend Increase of 3.97% for the current fiscal year.

Zhenjiang Dongfang Electric Heating Technology Co dividend payout ratio

In 2023, Zhenjiang Dongfang Electric Heating Technology Co had a payout ratio of 13.69%. The payout ratio indicates the percentage of the company's profits that Zhenjiang Dongfang Electric Heating Technology Co distributes as dividends.
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology 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.

Zhenjiang Dongfang Electric Heating Technology Co Payout Ratio History

DateZhenjiang Dongfang Electric Heating Technology Co Payout ratio
2026e12.29 %
2025e11.6 %
2024e11.58 %
202313.69 %
20229.52 %
202111.54 %
202020 %
2019-25 %
20189.09 %
201714.29 %
201680.36 %
201525.57 %
201429.78 %
201322.38 %
201218 %
201113.69 %
201013.69 %
200913.69 %
200813.69 %

Dividend Details

Understanding Zhenjiang Dongfang Electric Heating Technology Co's Dividend Distributions

Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology 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

Zhenjiang Dongfang Electric Heating Technology 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 Zhenjiang Dongfang Electric Heating Technology 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.

Zhenjiang Dongfang Electric Heating Technology Co Aktienanalyse

What does Zhenjiang Dongfang Electric Heating Technology Co do?

Zhenjiang Dongfang Electric Heating Technology Co Ltd is a Chinese company specializing in the manufacturing of electric heating devices. The company was established in 1993 and is headquartered in the city of Zhenjiang, in the Jiangsu province of China. The company's history began with the production of ceramic heating elements, which were used in household appliances such as water heaters or air conditioners. Over the years, Zhenjiang Dongfang Electric Heating Technology Co Ltd has expanded its offerings and now also produces electric heaters for industrial applications such as the food industry, petrochemical industry, or automotive industry. The company's business model is based on a continuous innovation strategy to offer customers ever-improving products and solutions. The company leverages advanced technologies and a high level of quality assurance. Thanks to the development of its own patents and collaborations with renowned research institutions, Zhenjiang Dongfang Electric Heating Technology Co Ltd is able to meet international standards and serve the needs of customers worldwide. The company is divided into various business divisions, which cover different customer needs. One division is industrial power generation, with the company specializing in the production of heaters for power plants. The latest state-of-the-art technology is used to optimize efficiency and productivity. Another division is the food industry, for which Zhenjiang Dongfang Electric Heating Technology Co Ltd manufactures special heaters and heating elements to ensure even heat transfer. This is particularly important for the quality, durability, and safety of food. Another division of the company is the petrochemical industry, for which it offers heating systems for process plants, pipelines, and tanks. These heaters must be suitable for a variety of hazardous substances and environments and deliver reliable performance. The company also offers heating solutions for the automotive industry, both for the engine compartment and the interior of vehicles. This includes, for example, seat and steering wheel heating or preheating of engines under extreme weather conditions. The product range of Zhenjiang Dongfang Electric Heating Technology Co Ltd includes a wide range of heating solutions for various applications. This includes electric heaters, heating cartridges, heating elements, heat cables, and other customized heating systems. The products are designed for use in different environments and can be tailored to customer needs. In summary, Zhenjiang Dongfang Electric Heating Technology Co Ltd is an innovative company that constantly strives to meet and exceed customer requirements. With its wide range of heating solutions for various industries and applications, it is able to serve the global market and provide customers worldwide with reliable performance and quality. Zhenjiang Dongfang Electric Heating Technology Co is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Zhenjiang Dongfang Electric Heating Technology Co stock

How much dividend does Zhenjiang Dongfang Electric Heating Technology Co pay?

Over the past 12 months, Zhenjiang Dongfang Electric Heating Technology Co paid a dividend of 0.02 CNY . This corresponds to a dividend yield of about 0.54 %. For the coming 12 months, Zhenjiang Dongfang Electric Heating Technology Co is expected to pay a dividend of 0.02 CNY.

What is the dividend yield of Zhenjiang Dongfang Electric Heating Technology Co?

The current dividend yield of Zhenjiang Dongfang Electric Heating Technology Co is 0.54 %.

When does Zhenjiang Dongfang Electric Heating Technology Co pay dividends?

Zhenjiang Dongfang Electric Heating Technology Co pays a quarterly dividend. This is distributed in the months of July, July, June, June.

How secure is the dividend of Zhenjiang Dongfang Electric Heating Technology Co?

Zhenjiang Dongfang Electric Heating Technology Co paid dividends every year for the past 15 years.

What is the dividend of Zhenjiang Dongfang Electric Heating Technology Co?

For the upcoming 12 months, dividends amounting to 0.02 CNY are expected. This corresponds to a dividend yield of 0.58 %.

In which sector is Zhenjiang Dongfang Electric Heating Technology Co located?

Zhenjiang Dongfang Electric Heating Technology Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Zhenjiang Dongfang Electric Heating Technology Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Zhenjiang Dongfang Electric Heating Technology Co from 5/31/2024 amounting to 0.068 CNY, you needed to have the stock in your portfolio before the ex-date on 5/31/2024.

When did Zhenjiang Dongfang Electric Heating Technology Co pay the last dividend?

The last dividend was paid out on 5/31/2024.

What was the dividend of Zhenjiang Dongfang Electric Heating Technology Co in the year 2023?

In the year 2023, Zhenjiang Dongfang Electric Heating Technology Co distributed 0.02 CNY as dividends.

In which currency does Zhenjiang Dongfang Electric Heating Technology Co pay out the dividend?

The dividends of Zhenjiang Dongfang Electric Heating Technology Co are distributed in CNY.