Cofco Sugar Holding CO.,LTD. engages in the production of sugar and tomato processing activities in China. The company's products include raw sugar, white granulated sugar, soft white sugar, brown sugar, and refined sugar, as well as sugar processing products, granular meal, molasses, etc. It is also involved in the production and export of tomato ketchup, tomato sauce, lycopene, tomato drinks, whole tomato/diced tomato, and tomato health products. The company was formerly known as Cofco Tunhe Sugar CO,. Ltd. and changed its name to Cofco Sugar Holding CO.,LTD. in November 2020. Cofco Sugar Holding CO.,LTD. is based in Urumqi, China. Cofco Tunhe Sugar CO,. Ltd is a subsidiary of COFCO Corporation.
Cofco Sugar Dividend Announcement
• Cofco Sugar announced a semi annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-11-07. Ex dividend date: 2024-11-07
• Cofco Sugar annual dividend for 2024 was ¥0.83
• Cofco Sugar annual dividend for 2023 was ¥0.50
• Cofco Sugar's trailing twelve-month (TTM) dividend yield is 8.4%
• Cofco Sugar's payout ratio for the trailing twelve months (TTM) is 139.68%
Cofco Sugar Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-07 | ¥0.20 | semi annually | 2024-11-07 |
2024-07-30 | ¥0.63 | semi annually | 2024-07-30 |
2023-09-26 | ¥0.24 | semi annually | 2023-09-26 |
2023-07-12 | ¥0.26 | semi annually | 2023-07-12 |
2022-06-24 | ¥0.11 | semi annually | 2022-06-24 |
2021-06-28 | ¥0.08 | semi annually | 2021-06-28 |
2020-07-20 | ¥0.12 | semi annually | 2020-07-20 |
2018-07-12 | ¥0.17 | semi annually | 2018-07-12 |
2017-06-28 | ¥0.13 | semi annually | 2017-06-28 |
2016-08-19 | ¥0.04 | semi annually | |
2015-06-30 | ¥0.03 | semi annually | |
2014-06-30 | ¥0.03 | semi annually | |
2012-07-23 | ¥0.03 | semi annually | |
2010-06-01 | ¥0.03 | semi annually |
Cofco Sugar Dividend per year
Cofco Sugar Dividend growth
Cofco Sugar Dividend Yield
Cofco Sugar current trailing twelve-month (TTM) dividend yield is 8.4%. Interested in purchasing Cofco Sugar stock? Use our calculator to estimate your expected dividend yield:
Cofco Sugar Financial Ratios
Cofco Sugar Dividend FAQ
Other factors to consider when evaluating Cofco Sugar 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: Cofco Sugar'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, Cofco Sugar 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, Cofco Sugar 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 Cofco Sugar 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: Cofco Sugar 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, Cofco Sugar distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cofco Sugar 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 Cofco Sugar'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 Cofco Sugar'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.