Shandong Shuangyi Technology Co., Ltd. engages in the research, design, development, manufacture, sale, and service of composite products in China and internationally. Its products include non-metallic mold machining products, including wind turbine blade, wind turbine nacelle cover, yacht, automobile integral car body, small airplane wing, and truck head end molds; wind turbine nacelle covers, such as nacelle and hub covers, and nose cones; and advanced composite material products comprising carbon fiber UAV shells, airplane nacelles, wing fuselage cowlings, panels, tubes, and special-shaped products. The company also offers engineering machinery cover body and agricultural machinery shell body products; public and rail transit products, which include automobile car bodies, air-condition covers, side roof plates, and front and rear lamps, as well as motor car head ends, motor car interior trims, bullet train integrated restrooms, and motor car cabs; and yacht and boat hulls consisting of luxury yacht, electric boat, rowing boat FRP, and pedal boat FRP hulls. In addition, it provides medical equipment shells, including CT machine, nuclear magnetic resonance FRP, ultrasonic wave FRP, X-ray machine FRP, and analysis meter FRP shells; and battery covers and bottom guard boards for automotive field. Further, it engages in the assembling of bottom guard boards. Shandong Shuangyi Technology Co., Ltd. was founded in 2000 and is headquartered in Dezhou, China.
Shandong Shuangyi Technology Dividend Announcement
• Shandong Shuangyi Technology announced a annually dividend of ¥0.21 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-30
• Shandong Shuangyi Technology annual dividend for 2024 was ¥0.21
• Shandong Shuangyi Technology annual dividend for 2023 was ¥0.15
• Shandong Shuangyi Technology's trailing twelve-month (TTM) dividend yield is 0.89%
• Shandong Shuangyi Technology's payout ratio for the trailing twelve months (TTM) is 71.97%
• Shandong Shuangyi Technology's dividend growth over the last five years (2018-2023) was -31.57% year
Shandong Shuangyi Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-30 | ¥0.21 | annually | 2024-05-30 |
2023-06-30 | ¥0.15 | annually | 2023-06-30 |
2022-05-31 | ¥0.30 | annually | 2022-05-31 |
2021-04-26 | ¥1.00 | annually | 2021-04-26 |
2020-05-15 | ¥0.70 | annually | 2020-05-15 |
2019-04-16 | ¥0.45 | annually | 2019-04-16 |
2018-04-23 | ¥1.00 | annually | 2018-04-23 |
Shandong Shuangyi Technology Dividend per year
Shandong Shuangyi Technology Dividend growth
Shandong Shuangyi Technology Dividend Yield
Shandong Shuangyi Technology current trailing twelve-month (TTM) dividend yield is 0.89%. Interested in purchasing Shandong Shuangyi Technology stock? Use our calculator to estimate your expected dividend yield:
Shandong Shuangyi Technology Financial Ratios
Shandong Shuangyi Technology Dividend FAQ
Other factors to consider when evaluating Shandong Shuangyi 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: Shandong Shuangyi 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, Shandong Shuangyi 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, Shandong Shuangyi 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 Shandong Shuangyi 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: Shandong Shuangyi 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, Shandong Shuangyi 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: Shandong Shuangyi 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 Shandong Shuangyi 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 Shandong Shuangyi 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.