Shandong Sunpaper Co., Ltd. produces and sells paper products in China. It offers coated papers, offset papers, and light-weight papers; copy papers, digital coated papers, and digital color laser papers; PE-coated paperboard for food packaging, sheet lining, service plate paper, and base paper for food products; and craft papers, recycled craft papers, fluting medium, white craft papers, coated ivory board, chrome ivory board, and cigarette carton papers. The company also provides industrial papers, including one-sided coated papers, coated paper without fluoresce, release base papers, interleaving papers for PS plate, stainless steel interleaving papers, aluminum foil interleaving papers, and thermal-sensitive base papers; and household paper products, such as coreless roll paper, roll toilet paper, box tissues, packet tissues, handkerchief paper, wet tissues, and baby diapers. In addition, it offers natural cellulose and craft board paper; and operates Shandong Sun Plaza International Hotel. The company offers its products under the Golden Sun, Huaxia Sun, Brilliant Sun, Weier, Lecopy, Koolprint, Sun Elements, Suyappy, International Radiance, International Sun, and International Union brand. Shandong Sunpaper Co., Ltd. was founded in 1982 and is headquartered in Jining, China.
Shandong Sunpaper Dividend Announcement
• Shandong Sunpaper announced a annually dividend of ¥0.30 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-07-12
• Shandong Sunpaper annual dividend for 2024 was ¥0.30
• Shandong Sunpaper annual dividend for 2023 was ¥0.20
• Shandong Sunpaper's trailing twelve-month (TTM) dividend yield is 2.09%
• Shandong Sunpaper's payout ratio for the trailing twelve months (TTM) is 53.50%
• Shandong Sunpaper's dividend growth over the last five years (2018-2023) was 14.87% year
• Shandong Sunpaper's dividend growth over the last ten years (2013-2023) was 7.18% year
Shandong Sunpaper Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-12 | ¥0.30 | annually | 2024-07-12 |
2023-07-07 | ¥0.20 | annually | 2023-07-07 |
2022-07-06 | ¥0.20 | annually | 2022-07-06 |
2021-07-08 | ¥0.10 | annually | 2021-07-08 |
2020-07-08 | ¥0.10 | annually | 2020-07-08 |
2019-05-23 | ¥0.10 | annually | 2019-05-23 |
2018-06-22 | ¥0.10 | annually | 2018-06-22 |
2017-06-28 | ¥0.05 | annually | 2017-06-28 |
2016-07-13 | ¥0.05 | annually | |
2015-07-10 | ¥0.05 | annually | |
2014-05-22 | ¥0.10 | annually | |
2013-07-10 | ¥0.10 | annually |
Shandong Sunpaper Dividend per year
Shandong Sunpaper Dividend growth
Shandong Sunpaper Dividend Yield
Shandong Sunpaper current trailing twelve-month (TTM) dividend yield is 2.09%. Interested in purchasing Shandong Sunpaper stock? Use our calculator to estimate your expected dividend yield:
Shandong Sunpaper Financial Ratios
Shandong Sunpaper Dividend FAQ
Other factors to consider when evaluating Shandong Sunpaper 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 Sunpaper'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 Sunpaper 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 Sunpaper 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 Sunpaper 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 Sunpaper 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 Sunpaper 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 Sunpaper 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 Sunpaper'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 Sunpaper'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.