Sanxiang Advanced Materials Co., Ltd. manufactures and sells fused zirconia, cast modified materials, and single crystal fused aluminum materials. The company offers yttrium, calcium, magnesium, aluminum, and composite based stable zirconia; and zirconia of ceramic pigments, refractory materials, and high purity, as well as special zirconia. It also provides nodulized, nucleated, vermiculated, and calcium-silicon cored wires; rare earth and yttrium-based heavy rare-earth nodulizers; silicon barium, silicon strontium, silicon zirconium, high-aluminum cubic ferrosilicon, and long-acting and special-effect inoculants, as well as inoculant chips and others; and silica fumes. The company offers its products for use in aerospace, military refractory and abrasive materials, ceramic and glaze materials, nuclear grade zirconia materials, advanced ceramics, cast, high-end abrasives materials and tools, etc. It has operations in China, the United States, Brazil, Mexico, France, Germany, Italy, Spain, Turkey, Holland, Australia, Japan, South Korea, Iran, India, Thailand, Vietnam, Malaysia, Singapore, Taiwan, and internationally. The company was formerly known as Fujian Sanxiang Advanced Materials Co., Ltd. and changed its name to Sanxiang Advanced Materials Co., Ltd. in March 2012. Sanxiang Advanced Materials Co., Ltd. was founded in 1991 and is headquartered in Ningde, China.
Sanxiang Advanced Materials Dividend Announcement
• Sanxiang Advanced Materials announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-07-18. Ex dividend date: 2024-07-18
• Sanxiang Advanced Materials annual dividend for 2024 was ¥0.07
• Sanxiang Advanced Materials annual dividend for 2023 was ¥0.10
• Sanxiang Advanced Materials's trailing twelve-month (TTM) dividend yield is 0.44%
• Sanxiang Advanced Materials's payout ratio for the trailing twelve months (TTM) is 45.99%
• Sanxiang Advanced Materials's dividend growth over the last five years (2018-2023) was -7.79% year
Sanxiang Advanced Materials Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-18 | ¥0.07 | annually | 2024-07-18 |
2023-07-14 | ¥0.10 | annually | 2023-07-14 |
2022-07-12 | ¥0.14 | annually | 2022-07-12 |
2021-05-25 | ¥0.10 | annually | 2021-05-25 |
2020-05-18 | ¥0.10 | annually | 2020-05-18 |
2019-05-27 | ¥0.15 | annually | 2019-05-27 |
2018-05-21 | ¥0.15 | annually | 2018-05-21 |
2017-05-31 | ¥0.10 | annually | 2017-05-31 |
Sanxiang Advanced Materials Dividend per year
Sanxiang Advanced Materials Dividend growth
Sanxiang Advanced Materials Dividend Yield
Sanxiang Advanced Materials current trailing twelve-month (TTM) dividend yield is 0.44%. Interested in purchasing Sanxiang Advanced Materials stock? Use our calculator to estimate your expected dividend yield:
Sanxiang Advanced Materials Financial Ratios
Sanxiang Advanced Materials Dividend FAQ
Other factors to consider when evaluating Sanxiang Advanced Materials 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: Sanxiang Advanced Materials'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, Sanxiang Advanced Materials 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, Sanxiang Advanced Materials 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 Sanxiang Advanced Materials 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: Sanxiang Advanced Materials 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, Sanxiang Advanced Materials distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sanxiang Advanced Materials 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 Sanxiang Advanced Materials'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 Sanxiang Advanced Materials'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.