Hangzhou Shenhao Technology Co.,LTD. focuses on the research and development, manufacturing, and promotion of intelligent robots and monitoring, and testing equipment in the field of industrial equipment testing and fault diagnosis in China. It offers indoor and outdoor wheeled substation inspection, tracked substation inspection, switchgear manipulation, substation switch room indoor wheeled inspection, rail-mounted intelligent inspection, catenary intelligent inspection, and transmission line inspection robots, as well as on-line DGA monitoring systems. The company also provides railway and train bottom inspection robots, and ultrasonic internal rail flaw detectors; explosion-proof wheeled inspection robots; and indoor intelligent spray disinfection and health guard robots. Its products are used in power grid; rail transit; oil, gas, and chemical; and public health industries. The company was founded in 2002 and is based in Hangzhou, China.
Hangzhou Shenhao Technology Dividend Announcement
• Hangzhou Shenhao Technology announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-05-23. Ex dividend date: 2024-05-23
• Hangzhou Shenhao Technology annual dividend for 2024 was ¥0.20
• Hangzhou Shenhao Technology annual dividend for 2023 was ¥0.20
• Hangzhou Shenhao Technology's trailing twelve-month (TTM) dividend yield is 1.12%
• Hangzhou Shenhao Technology's payout ratio for the trailing twelve months (TTM) is -27.10%
Hangzhou Shenhao Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-23 | ¥0.20 | annually | 2024-05-23 |
2023-05-30 | ¥0.20 | annually | 2023-05-30 |
2022-05-27 | ¥0.30 | annually | 2022-05-27 |
2021-06-10 | ¥0.36 | annually | 2021-06-10 |
2020-09-24 | ¥0.30 | annually | 2020-09-24 |
Hangzhou Shenhao Technology Dividend per year
Hangzhou Shenhao Technology Dividend growth
Hangzhou Shenhao Technology Dividend Yield
Hangzhou Shenhao Technology current trailing twelve-month (TTM) dividend yield is 1.12%. Interested in purchasing Hangzhou Shenhao Technology stock? Use our calculator to estimate your expected dividend yield:
Hangzhou Shenhao Technology Financial Ratios
Hangzhou Shenhao Technology Dividend FAQ
Other factors to consider when evaluating Hangzhou Shenhao Technology 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: Hangzhou Shenhao Technology'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, Hangzhou Shenhao Technology 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, Hangzhou Shenhao Technology 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 Hangzhou Shenhao Technology 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: Hangzhou Shenhao Technology 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, Hangzhou Shenhao Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hangzhou Shenhao Technology 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 Hangzhou Shenhao Technology'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 Hangzhou Shenhao Technology'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.