Jiangsu Yitong High-Tech Co., Ltd. engages in the research, development, manufacture, and sale of broadcast cable TV network equipment in China and internationally. The company provides front-end optical transmission equipment, optical workstations, optical transmission platforms, RF-PON products, optical transmitters, optical receivers, optical amplifiers, and other cable TV optical transmission equipment; and digital optical workstations, GEPON, ONU, MoCA, HomePlug and C-DOCSIS, and home gateway series products, as well as CATV coaxial cable transmission equipment, such as trunk amplifiers, passive components, and user terminals. It also offers intelligent monitoring engineering services for social security monitoring and weak electricity intelligent projects. Jiangsu Yitong High-Tech Co., Ltd. was founded in 2001 and is based in Changshu, China.
Jiangsu Yitong High-Tech Dividend Announcement
• Jiangsu Yitong High-Tech announced a annually dividend of ¥0.01 per ordinary share which will be made payable on 2023-05-29. Ex dividend date: 2023-05-29
• Jiangsu Yitong High-Tech annual dividend for 2023 was ¥0.01
• Jiangsu Yitong High-Tech's trailing twelve-month (TTM) dividend yield is -%
• Jiangsu Yitong High-Tech's payout ratio for the trailing twelve months (TTM) is -8.10%
• Jiangsu Yitong High-Tech's dividend growth over the last five years (2018-2023) was -29.03% year
• Jiangsu Yitong High-Tech's dividend growth over the last ten years (2013-2023) was -21.40% year
Jiangsu Yitong High-Tech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-05-29 | ¥0.01 | annually | 2023-05-29 |
2022-05-09 | ¥0.01 | annually | 2022-05-09 |
2021-04-30 | ¥0.01 | annually | 2021-04-30 |
2020-05-29 | ¥0.10 | annually | 2020-05-29 |
2019-05-15 | ¥0.06 | annually | 2019-05-15 |
2018-06-15 | ¥0.05 | annually | 2018-06-15 |
2017-06-14 | ¥0.01 | annually | 2017-06-14 |
2016-06-08 | ¥0.02 | annually | |
2015-05-22 | ¥0.10 | annually | |
2014-06-11 | ¥0.10 | annually | |
2013-06-04 | ¥0.10 | annually | |
2012-06-13 | ¥0.10 | annually |
Jiangsu Yitong High-Tech Dividend per year
Jiangsu Yitong High-Tech Dividend growth
Jiangsu Yitong High-Tech Dividend Yield
Jiangsu Yitong High-Tech current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Jiangsu Yitong High-Tech stock? Use our calculator to estimate your expected dividend yield:
Jiangsu Yitong High-Tech Financial Ratios
Jiangsu Yitong High-Tech Dividend FAQ
Other factors to consider when evaluating Jiangsu Yitong High-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: Jiangsu Yitong High-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, Jiangsu Yitong High-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, Jiangsu Yitong High-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 Jiangsu Yitong High-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: Jiangsu Yitong High-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, Jiangsu Yitong High-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: Jiangsu Yitong High-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 Jiangsu Yitong High-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 Jiangsu Yitong High-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.