FSPG Hi-Tech CO., Ltd. manufactures and sells plastic materials in China. The company offers packaging materials, including BOPA, BOPP drinking straw, cigarette packaging materials, laminated AL films; electric and optical materials, consisting of BOPP capacitor, polarizer films; construction materials comprising woven fabrics, and PE-Xc pipes. It also provides personal healthcare, clothing materials that include EasyTexTM, PE casting embossed films; advertisement, labeling materials, which comprises of PVC films for graphics use, and PP master batches. FSPG Hi-Tech CO., Ltd. was founded in 1988 and is based in Foshan, China.
FSPG Hi-Tech Dividend Announcement
• FSPG Hi-Tech announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-06-18. Ex dividend date: 2024-06-18
• FSPG Hi-Tech annual dividend for 2024 was ¥0.07
• FSPG Hi-Tech annual dividend for 2023 was ¥0.04
• FSPG Hi-Tech's trailing twelve-month (TTM) dividend yield is 0.98%
• FSPG Hi-Tech's payout ratio for the trailing twelve months (TTM) is 119.63%
FSPG Hi-Tech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-18 | ¥0.07 | annually | 2024-06-18 |
2023-06-16 | ¥0.04 | annually | 2023-06-16 |
2022-06-17 | ¥0.04 | annually | 2022-06-17 |
2021-06-18 | ¥0.03 | annually | 2021-06-18 |
2020-06-08 | ¥0.03 | annually | 2020-06-08 |
2018-06-07 | ¥0.03 | annually | 2018-06-07 |
2017-06-08 | ¥0.05 | annually | 2017-06-08 |
2016-06-03 | ¥0.05 | annually | |
2014-06-17 | ¥0.03 | annually | |
2013-06-21 | ¥0.05 | annually | |
2012-06-08 | ¥0.03 | annually | |
2006-06-06 | ¥0.01 | annually |
FSPG Hi-Tech Dividend per year
FSPG Hi-Tech Dividend growth
FSPG Hi-Tech Dividend Yield
FSPG Hi-Tech current trailing twelve-month (TTM) dividend yield is 0.98%. Interested in purchasing FSPG Hi-Tech stock? Use our calculator to estimate your expected dividend yield:
FSPG Hi-Tech Financial Ratios
FSPG Hi-Tech Dividend FAQ
Other factors to consider when evaluating FSPG Hi-Tech 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: FSPG Hi-Tech'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, FSPG Hi-Tech 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, FSPG Hi-Tech 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 FSPG Hi-Tech 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: FSPG Hi-Tech 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, FSPG Hi-Tech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: FSPG Hi-Tech 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 FSPG Hi-Tech'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 FSPG Hi-Tech'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.