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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 dateDividend amountDividend typePay date
2024-05-30¥0.21annually2024-05-30
2023-06-30¥0.15annually2023-06-30
2022-05-31¥0.30annually2022-05-31
2021-04-26¥1.00annually2021-04-26
2020-05-15¥0.70annually2020-05-15
2019-04-16¥0.45annually2019-04-16
2018-04-23¥1.00annually2018-04-23

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

P/E ratio46.74
PEG ratio-15.69
P/B ratio2.67
ROE5.80%
Payout ratio71.97%
Current ratio3.47
Quick ratio2.78
Cash Ratio0.78

Shandong Shuangyi Technology Dividend FAQ

How much is the next Shandong Shuangyi Technology dividend?
Shandong Shuangyi Technology's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shandong Shuangyi Technology dividend. The next Shandong Shuangyi Technology dividend will be released in June.
When is Shandong Shuangyi Technology dividend paid?
Shandong Shuangyi Technology pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Shandong Shuangyi Technology pay?
The specific amount of Shandong Shuangyi Technology dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Shandong Shuangyi Technology's dividend history.
Does Shandong Shuangyi Technology stock pay dividends?
Yes, Shandong Shuangyi Technology does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Shandong Shuangyi Technology's dividend history.
How much dividend does Shandong Shuangyi Technology pay?
Shandong Shuangyi Technology paid ¥0.21 in 2024, ¥0.15 in 2023, ¥0.3 in 2022, ¥1.0 in 2021, and ¥0.7 in 2020.
How often does Shandong Shuangyi Technology pay dividends?
Shandong Shuangyi Technology typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Shandong Shuangyi Technology's dividend yield?
The current dividend yield for Shandong Shuangyi Technology is 0.89%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Shandong Shuangyi Technology's exact dividend yield.
When does Shandong Shuangyi Technology go ex dividend?
Shandong Shuangyi Technology's ex-dividend date for the latest dividend was on 2024-05-30. Shandong Shuangyi Technology typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Shandong Shuangyi Technology dividend paid?
Shandong Shuangyi Technology pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Shandong Shuangyi Technology increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Shandong Shuangyi Technology will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Shandong Shuangyi Technology dividend per share?
Shandong Shuangyi Technology paid ¥0.21 per share in 2024 and ¥0.15 per share in 2023. The amount of dividend per share that Shandong Shuangyi Technology pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Shandong Shuangyi Technology a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Shandong Shuangyi Technology a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Shandong Shuangyi Technology a dividend stock?
Yes, Shandong Shuangyi Technology is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shandong Shuangyi Technology a good dividend stock?
Whether Shandong Shuangyi Technology is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shandong Shuangyi Technology has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Shandong Shuangyi Technology pay dividends monthly?
Shandong Shuangyi Technology typically pays dividends on a annually basis.
Does Shandong Shuangyi Technology pay dividends quarterly?
Shandong Shuangyi Technology currently pays dividends on a annually basis.
Has Shandong Shuangyi Technology ever paid a dividend?
Yes, Shandong Shuangyi Technology has a history of paying dividends to its shareholders. Shandong Shuangyi Technology is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shandong Shuangyi Technology dividend stocks?
To buy Shandong Shuangyi Technology you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Shandong Shuangyi Technology stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Shandong Shuangyi Technology pay dividends 2024?
Shandong Shuangyi Technology pays dividends on a annually basis. 2024 dividend payments are in 2024-05-30. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Shandong Shuangyi Technology increase its dividend in 2024?
Decisions regarding Shandong Shuangyi Technology dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Shandong Shuangyi Technology dividend overview you can look into the above table of dividend history.
How Shandong Shuangyi Technology dividend works?
The Shandong Shuangyi Technology dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Shandong Shuangyi Technology's dividend process works:

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.
How are Shandong Shuangyi Technology dividends paid?
Shandong Shuangyi Technology dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Shandong Shuangyi Technology pay dividends?
Shandong Shuangyi Technology typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Shandong Shuangyi Technology pay dividends?
The general pattern is that Shandong Shuangyi Technology pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Shandong Shuangyi Technology dividend safe?
The safety of Shandong Shuangyi Technology's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

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.