China Sunsine Chemical Holdings Ltd., an investment holding company, manufactures and sells specialty chemicals in the People's Republic of China, rest of Asia, the United States, Europe, and internationally. The company operates through three segments: Manufacturing and Sale of Rubber Chemicals; Production and Supply of Heating Power; and Waste Treatment. It offers rubber accelerators, anti-oxidant agents, anti-scorching agents, and insoluble sulphur used for the production of tires, and other rubber related products, such as tubes, belts, shoes, rollers, cables, seals, latex products, and other light-color rubber products. The company provides its products under the Sunsine brand name. It is also involved in the production and supply of heating power; and hotel and restaurant business. The company primarily serves the tire companies. China Sunsine Chemical Holdings Ltd. was incorporated in 2006 and is based in Singapore. China Sunsine Chemical Holdings Ltd. is a subsidiary of Success More Group Limited.
China Sunsine Chemical Dividend Announcement
• China Sunsine Chemical announced a annually dividend of S$0.03 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-09
• China Sunsine Chemical annual dividend for 2024 was S$0.03
• China Sunsine Chemical annual dividend for 2023 was S$0.01
• China Sunsine Chemical's trailing twelve-month (TTM) dividend yield is 5.43%
• China Sunsine Chemical's payout ratio for the trailing twelve months (TTM) is 46.00%
• China Sunsine Chemical's dividend growth over the last five years (2018-2023) was -9.71% year
• China Sunsine Chemical's dividend growth over the last ten years (2013-2023) was 4.14% year
China Sunsine Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-09 | S$0.03 | annually | 2024-05-24 |
2023-05-09 | S$0.01 | annually | 2023-05-24 |
2022-08-19 | S$0.01 | annually | 2022-09-09 |
2022-05-09 | S$0.01 | annually | 2022-05-24 |
2021-05-07 | S$0.01 | annually | 2021-05-24 |
2020-06-04 | S$0.01 | annually | 2020-06-24 |
2019-05-08 | S$0.06 | annually | 2019-05-24 |
2018-05-08 | S$0.03 | annually | 2018-05-28 |
2017-08-03 | S$0.01 | annually | 2017-08-18 |
2017-05-08 | S$0.01 | annually | 2017-05-24 |
2016-05-03 | S$0.01 | annually | |
2015-04-30 | S$0.01 | annually | |
2014-04-30 | S$0.01 | annually | |
2013-05-02 | S$0.01 | annually |
China Sunsine Chemical Dividend per year
China Sunsine Chemical Dividend growth
China Sunsine Chemical Dividend Yield
China Sunsine Chemical current trailing twelve-month (TTM) dividend yield is 5.43%. Interested in purchasing China Sunsine Chemical stock? Use our calculator to estimate your expected dividend yield:
China Sunsine Chemical Financial Ratios
China Sunsine Chemical Dividend FAQ
Other factors to consider when evaluating China Sunsine Chemical 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: China Sunsine Chemical'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, China Sunsine Chemical 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, China Sunsine Chemical 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 China Sunsine Chemical 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: China Sunsine Chemical 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, China Sunsine Chemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: China Sunsine Chemical 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 China Sunsine Chemical'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 China Sunsine Chemical'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.