Beijing SOJO Electric Co., Ltd. engages in the research, production, export, and sale of power distribution equipment and automation equipment in the field of power transmission and distribution networks. It offers medium voltage switchgears, including solid insulated switchgears/RMU, SF6 insulated switchgears, air insulated switchgears, and air insulated compact switchgears; solid insulated vacuums, outdoor medium voltage vacuum circuit breakers, outdoor pole mounted circuit breakers, outdoor high-voltage vacuum circuit breakers, and outdoor load break switches; and switchgear components. The company also provides dry type, oil immersed, power, and special transformers; compact pre-fabricated substations; low voltage products and systems, including fixed-type low voltage switchgears and withdrawable low voltage switchgears; and fuse type disconnectors, load break disconnectors, automated transfer switches, moulded case circuit breakers, and air insulated circuit breakers. In addition, it offers surge protective devices, switch disconnectors, residual current circuit breakers, miniature circuit breakers, control and protection switches, thermal overload relays, capacitor changeover contactors, and AC contactors. The company's products are used in electrical, railway, oil, underground, military, steel, coal and electrical vehicles industry, etc. Further, it offers renewable energy solutions, such as EV chargers and distributed photovoltaic grid systems. Beijing SOJO Electric Co., Ltd. was founded in 2002 and is headquartered in Beijing, China.
Beijing SOJO Electric Dividend Announcement
• Beijing SOJO Electric announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2019-07-26. Ex dividend date: 2019-07-26
• Beijing SOJO Electric's trailing twelve-month (TTM) dividend yield is -%
• Beijing SOJO Electric's payout ratio for the trailing twelve months (TTM) is 28.63%
Beijing SOJO Electric Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2019-07-26 | ¥0.03 | annually | 2019-07-26 |
2018-07-04 | ¥0.06 | annually | 2018-07-04 |
2017-05-19 | ¥0.09 | annually | 2017-05-19 |
2016-07-06 | ¥0.14 | annually | |
2015-09-24 | ¥0.27 | annually |
Beijing SOJO Electric Dividend per year
Beijing SOJO Electric Dividend growth
Beijing SOJO Electric Dividend Yield
Beijing SOJO Electric current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Beijing SOJO Electric stock? Use our calculator to estimate your expected dividend yield:
Beijing SOJO Electric Financial Ratios
Beijing SOJO Electric Dividend FAQ
Other factors to consider when evaluating Beijing SOJO Electric as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Beijing SOJO Electric stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Beijing SOJO Electric's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Beijing SOJO Electric publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Beijing SOJO Electric distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Beijing SOJO Electric are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Beijing SOJO Electric sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Beijing SOJO Electric distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Beijing SOJO Electric declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Beijing SOJO Electric's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Beijing SOJO Electric's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.