Sanan Optoelectronics Co., Ltd. engages in the research, development, production, and marketing of LED epitaxial wafers and chips, compound solar cells, compound semiconductors, semiconductor and communication chips, and sapphire substrates in China and internationally. Its LED lighting products include bulbs, tube lamps, down lights, spot lights, floodlights, fill lights, tunnel lights, and smart and horticulture lighting products primarily used in homes, shopping malls, hotels, office buildings, vertical farm, greenhouse, and public streets. The company also offers silicon carbide power diodes and silicon-based gallium nitride power devices; DFB lasers, photodiodes, avalanche photodiodes, and other optical communication products; and visible and infrared VCSELs, and edge-emitting lasers, as well as other products for 3D sensing, LiDAR, and other consumer applications. The company was founded in 2000 and is headquartered in Xiamen, China.
Sanan Optoelectronics Dividend Announcement
• Sanan Optoelectronics announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2024-06-13. Ex dividend date: 2024-06-13
• Sanan Optoelectronics annual dividend for 2024 was ¥0.03
• Sanan Optoelectronics annual dividend for 2023 was ¥0.05
• Sanan Optoelectronics's trailing twelve-month (TTM) dividend yield is 0.23%
• Sanan Optoelectronics's payout ratio for the trailing twelve months (TTM) is 139.07%
• Sanan Optoelectronics's dividend growth over the last five years (2018-2023) was -27.52% year
• Sanan Optoelectronics's dividend growth over the last ten years (2013-2023) was -12.94% year
Sanan Optoelectronics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-13 | ¥0.03 | annually | 2024-06-13 |
2023-07-05 | ¥0.05 | annually | 2023-07-05 |
2022-07-14 | ¥0.10 | annually | 2022-07-14 |
2021-07-05 | ¥0.15 | annually | 2021-07-05 |
2020-06-02 | ¥0.10 | annually | 2020-06-02 |
2019-08-26 | ¥0.20 | annually | 2019-08-26 |
2018-06-14 | ¥0.25 | annually | 2018-06-14 |
2017-05-26 | ¥0.20 | annually | 2017-05-26 |
2016-07-15 | ¥0.25 | annually | |
2015-06-26 | ¥0.20 | annually | |
2014-07-04 | ¥0.20 | annually | |
2013-07-15 | ¥0.20 | annually |
Sanan Optoelectronics Dividend per year
Sanan Optoelectronics Dividend growth
Sanan Optoelectronics Dividend Yield
Sanan Optoelectronics current trailing twelve-month (TTM) dividend yield is 0.23%. Interested in purchasing Sanan Optoelectronics stock? Use our calculator to estimate your expected dividend yield:
Sanan Optoelectronics Financial Ratios
Sanan Optoelectronics Dividend FAQ
Other factors to consider when evaluating Sanan Optoelectronics 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: Sanan Optoelectronics'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, Sanan Optoelectronics 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, Sanan Optoelectronics 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 Sanan Optoelectronics 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: Sanan Optoelectronics 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, Sanan Optoelectronics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sanan Optoelectronics 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 Sanan Optoelectronics'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 Sanan Optoelectronics'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.