Canny Elevator Co., Ltd. engages in the research and development, production, sale, installation, and maintenance of elevators. The company offers high speed, machine room less, panorama, hospital, freight, and home-use elevators under the CANNY brand; and heavy-duty and public traffic type escalators, as well as moving walks. It provides its products for residential and commercial, public, and other projects, as well as city complexes and hotels. The company also exports its products to approximately 100 countries and regions. Canny Elevator Co., Ltd. was founded in 1997 and is headquartered in Suzhou, China.
Canny Elevator Dividend Announcement
• Canny Elevator announced a annually dividend of ¥0.35 per ordinary share which will be made payable on 2024-05-21. Ex dividend date: 2024-05-21
• Canny Elevator annual dividend for 2024 was ¥0.35
• Canny Elevator annual dividend for 2023 was ¥0.25
• Canny Elevator's trailing twelve-month (TTM) dividend yield is 5.4%
• Canny Elevator's payout ratio for the trailing twelve months (TTM) is 160.54%
• Canny Elevator's dividend growth over the last five years (2018-2023) was -19.73% year
• Canny Elevator's dividend growth over the last ten years (2013-2023) was -0.29% year
Canny Elevator Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-21 | ¥0.35 | annually | 2024-05-21 |
2023-05-11 | ¥0.25 | annually | 2023-05-11 |
2022-05-09 | ¥0.30 | annually | 2022-05-09 |
2021-05-07 | ¥0.30 | annually | 2021-05-07 |
2020-09-18 | ¥0.15 | annually | 2020-09-18 |
2020-04-30 | ¥0.40 | annually | 2020-04-30 |
2019-09-25 | ¥0.03 | annually | 2019-09-25 |
2019-05-27 | ¥0.50 | annually | 2019-05-27 |
2018-09-26 | ¥0.60 | annually | 2018-09-26 |
2018-05-18 | ¥0.15 | annually | 2018-05-18 |
2017-09-25 | ¥0.10 | annually | 2017-09-25 |
2016-09-23 | ¥0.20 | annually | |
2015-04-29 | ¥0.25 | annually | |
2014-03-31 | ¥0.60 | annually | |
2013-05-14 | ¥0.26 | annually |
Canny Elevator Dividend per year
Canny Elevator Dividend growth
Canny Elevator Dividend Yield
Canny Elevator current trailing twelve-month (TTM) dividend yield is 5.4%. Interested in purchasing Canny Elevator stock? Use our calculator to estimate your expected dividend yield:
Canny Elevator Financial Ratios
Canny Elevator Dividend FAQ
Other factors to consider when evaluating Canny Elevator 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: Canny Elevator'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, Canny Elevator 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, Canny Elevator 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 Canny Elevator 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: Canny Elevator 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, Canny Elevator distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Canny Elevator 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 Canny Elevator'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 Canny Elevator'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.