Canmax Technologies Co., Ltd. manufactures and sells ESD control and cleanroom contamination control solutions. The company provides cleanroom garments, cleanroom shoes, clean gloves, and ESD control wrist straps; cleanroom wipers, cleanroom swabs, shielding bags, ESD packing trays, ESD adhesive tapes, and prescales; and sticky mats/rollers, ionizing blowers, monitoring systems, and static and access control systems. It also offers die-cutting products, such as protective and optical films. In addition, it provides protective apparel, isolation gown, and face mask. The company's products are used in semiconductor, storage, display, and communications, etc. The company was formerly known as Suzhou TA&A Ultra Clean Technology Co., Ltd. and changed its name to Canmax Technologies Co., Ltd. in March 2023. Canmax Technologies Co., Ltd. was founded in 1997 and is headquartered in Suzhou, the People's Republic of China.
Canmax Technologies Dividend Announcement
• Canmax Technologies announced a annually dividend of ¥1.00 per ordinary share which will be made payable on 2024-05-31. Ex dividend date: 2024-05-31
• Canmax Technologies annual dividend for 2024 was ¥1.00
• Canmax Technologies annual dividend for 2023 was ¥2.00
• Canmax Technologies's trailing twelve-month (TTM) dividend yield is 3.64%
• Canmax Technologies's payout ratio for the trailing twelve months (TTM) is 282.73%
• Canmax Technologies's dividend growth over the last five years (2018-2023) was 131.62% year
Canmax Technologies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-31 | ¥1.00 | annually | 2024-05-31 |
2023-05-05 | ¥2.00 | annually | 2023-05-05 |
2022-03-16 | ¥0.50 | annually | 2022-03-16 |
2021-05-27 | ¥0.10 | annually | 2021-05-27 |
2020-05-27 | ¥0.05 | annually | 2020-05-27 |
2019-05-28 | ¥0.15 | annually | 2019-05-28 |
2018-06-06 | ¥0.03 | annually | 2018-06-06 |
2016-04-29 | ¥0.20 | annually | |
2015-04-16 | ¥0.20 | annually |
Canmax Technologies Dividend per year
Canmax Technologies Dividend growth
Canmax Technologies Dividend Yield
Canmax Technologies current trailing twelve-month (TTM) dividend yield is 3.64%. Interested in purchasing Canmax Technologies stock? Use our calculator to estimate your expected dividend yield:
Canmax Technologies Financial Ratios
Canmax Technologies Dividend FAQ
Other factors to consider when evaluating Canmax Technologies 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.
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1. Determination of Dividend: Canmax Technologies'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, Canmax Technologies 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, Canmax Technologies 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 Canmax Technologies 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: Canmax Technologies 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, Canmax Technologies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Canmax Technologies 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 Canmax Technologies'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 Canmax Technologies'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.