Shandong Swan CottonIndustrial Machinery Stock Co.,Ltd. engages in the research and development, production, marketing, and sale of cotton processing equipment in China. The company offers saw gin, lint cleaner, saw delinter, hydraulic press, and three-mode series products; and seed cotton cleaners, automatic strapping systems for cotton bale, and harvesting machines. It also provides online test and intelligent control systems for cotton quality; and agricultural machineries, such as winch type sprinklers, grain drying and storage systems, intelligent precise fertilizer distributors, and picking and tying machines. In addition, the company offers spare parts comprising bearing single shoe boxes, barbed nails, professional saw wires, seed tubes, block rib plates, saw wire cylinder assemblies, edged barbed nail cylinders, feed plates and impurity discharge knives, U stab rolls, brush rollers, channel saws, and ginning & delinting ribs and saws. It also exports its products to approximately 34 countries worldwide. The company was founded in 1946 and is headquartered in Jinan, the People's Republic of China. Shandong Swan CottonIndustrial Machinery Stock Co.,Ltd. is a subsidiary of Shandong Supply And Marketing Cooperative Association.
Shandong Swan CottonIndustrial Machinery Stock Dividend Announcement
• Shandong Swan CottonIndustrial Machinery Stock announced a annually dividend of ¥0.17 per ordinary share which will be made payable on 2024-05-20. Ex dividend date: 2024-05-20
• Shandong Swan CottonIndustrial Machinery Stock annual dividend for 2024 was ¥0.17
• Shandong Swan CottonIndustrial Machinery Stock annual dividend for 2023 was ¥0.14
• Shandong Swan CottonIndustrial Machinery Stock's trailing twelve-month (TTM) dividend yield is 1.04%
• Shandong Swan CottonIndustrial Machinery Stock's payout ratio for the trailing twelve months (TTM) is 32.38%
• Shandong Swan CottonIndustrial Machinery Stock's dividend growth over the last five years (2018-2023) was 15.20% year
Shandong Swan CottonIndustrial Machinery Stock Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-20 | ¥0.17 | annually | 2024-05-20 |
2023-06-09 | ¥0.14 | annually | 2023-06-09 |
2022-05-27 | ¥0.11 | annually | 2022-05-27 |
2021-06-10 | ¥0.07 | annually | 2021-06-10 |
2020-06-10 | ¥0.10 | annually | 2020-06-10 |
2019-06-12 | ¥0.10 | annually | 2019-06-12 |
2018-05-15 | ¥0.07 | annually | 2018-05-15 |
2017-06-02 | ¥0.09 | annually | 2017-06-02 |
Shandong Swan CottonIndustrial Machinery Stock Dividend per year
Shandong Swan CottonIndustrial Machinery Stock Dividend growth
Shandong Swan CottonIndustrial Machinery Stock Dividend Yield
Shandong Swan CottonIndustrial Machinery Stock current trailing twelve-month (TTM) dividend yield is 1.04%. Interested in purchasing Shandong Swan CottonIndustrial Machinery Stock stock? Use our calculator to estimate your expected dividend yield:
Shandong Swan CottonIndustrial Machinery Stock Financial Ratios
Shandong Swan CottonIndustrial Machinery Stock Dividend FAQ
Other factors to consider when evaluating Shandong Swan CottonIndustrial Machinery Stock 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 Swan CottonIndustrial Machinery Stock'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 Swan CottonIndustrial Machinery Stock 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 Swan CottonIndustrial Machinery Stock 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 Swan CottonIndustrial Machinery Stock 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 Swan CottonIndustrial Machinery Stock 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 Swan CottonIndustrial Machinery Stock 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 Swan CottonIndustrial Machinery Stock 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 Swan CottonIndustrial Machinery Stock'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 Swan CottonIndustrial Machinery Stock'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.