Sanquan Food Co., Ltd. produces and sells frozen food products in China. The company offers private kitchen series products; dumplings; rice balls; children's series products; soup dumpling; pastries; dim sum; wonton; desserts; convenient fast-food products; Western food products; and rice products. It offers its products under the Sanquan Ling brand name. The company sells its products through online and offline sales channels. The company was formerly known as Zhengzhou Sanquan Foods Co., Ltd and changed its name to Sanquan Food Co., Ltd. in July 2013. Sanquan Food Co., Ltd. was founded in 1992 and is based in Zhengzhou, China.
Sanquan Food Dividend Announcement
• Sanquan Food announced a annually dividend of ¥0.50 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-07
• Sanquan Food annual dividend for 2024 was ¥0.50
• Sanquan Food annual dividend for 2023 was ¥0.35
• Sanquan Food's trailing twelve-month (TTM) dividend yield is 4.51%
• Sanquan Food's payout ratio for the trailing twelve months (TTM) is 75.61%
• Sanquan Food's dividend growth over the last five years (2018-2023) was 80.66% year
• Sanquan Food's dividend growth over the last ten years (2013-2023) was 5.76% year
Sanquan Food Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-07 | ¥0.50 | annually | 2024-06-07 |
2023-06-07 | ¥0.35 | annually | 2023-06-07 |
2022-05-27 | ¥0.20 | annually | 2022-05-27 |
2021-05-19 | ¥0.55 | annually | 2021-05-19 |
2020-05-28 | ¥0.05 | annually | 2020-05-28 |
2019-06-19 | ¥0.03 | annually | 2019-06-19 |
2018-06-27 | ¥0.02 | annually | 2018-06-27 |
2017-06-07 | ¥0.01 | annually | 2017-06-07 |
2016-05-31 | ¥0.01 | annually | |
2015-04-28 | ¥0.03 | annually | |
2014-06-06 | ¥0.05 | annually | |
2013-04-11 | ¥0.20 | annually |
Sanquan Food Dividend per year
Sanquan Food Dividend growth
Sanquan Food Dividend Yield
Sanquan Food current trailing twelve-month (TTM) dividend yield is 4.51%. Interested in purchasing Sanquan Food stock? Use our calculator to estimate your expected dividend yield:
Sanquan Food Financial Ratios
Sanquan Food Dividend FAQ
Other factors to consider when evaluating Sanquan Food 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: Sanquan Food'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, Sanquan Food 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, Sanquan Food 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 Sanquan Food 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: Sanquan Food 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, Sanquan Food distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sanquan Food 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 Sanquan Food'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 Sanquan Food'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.