Shandong Sacred Sun Power Sources Co.,Ltd provides green energy solutions worldwide. The company offers lithium-ion batteries, lead acid batteries, and power integration systems. Its products are used in network power, energy storage, and motive power applications. The company was founded in 1991 and is headquartered in Qufu, China.
Shandongcred Sun Power Sources Dividend Announcement
• Shandongcred Sun Power Sources announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2024-06-21. Ex dividend date: 2024-06-21 • Shandongcred Sun Power Sources annual dividend for 2024 was ¥0.06 • Shandongcred Sun Power Sources annual dividend for 2023 was ¥0.02 • Shandongcred Sun Power Sources's trailing twelve-month (TTM) dividend yield is 0.74% • Shandongcred Sun Power Sources's payout ratio for the trailing twelve months (TTM) is 21.40%
Shandongcred Sun Power Sources current trailing twelve-month (TTM) dividend yield is 0.74%. Interested in purchasing Shandongcred Sun Power Sources stock? Use our calculator to estimate your expected dividend yield:
Shandongcred Sun Power Sources Financial Ratios
P/E ratio20.27
PEG ratio-5.31
P/B ratio1.62
ROE8.24%
Payout ratio21.40%
Current ratio2.75
Quick ratio2.17
Cash Ratio0.62
Shandongcred Sun Power Sources Dividend FAQ
How much is the next Shandongcred Sun Power Sources dividend?
Shandongcred Sun Power Sources's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Shandongcred Sun Power Sources dividend. The next Shandongcred Sun Power Sources dividend will be released in June.
When is Shandongcred Sun Power Sources dividend paid?
Shandongcred Sun Power Sources 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 Shandongcred Sun Power Sources pay?
The specific amount of Shandongcred Sun Power Sources 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 Shandongcred Sun Power Sources's dividend history.
Does Shandongcred Sun Power Sources stock pay dividends?
Yes, Shandongcred Sun Power Sources 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 Shandongcred Sun Power Sources's dividend history.
How much dividend does Shandongcred Sun Power Sources pay?
Shandongcred Sun Power Sources paid ¥0.057 in 2024, ¥0.019 in 2023, ¥0.0 in 2022, ¥0.025 in 2021, and ¥0.025 in 2020.
How often does Shandongcred Sun Power Sources pay dividends?
Shandongcred Sun Power Sources 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 Shandongcred Sun Power Sources's dividend yield?
The current dividend yield for Shandongcred Sun Power Sources is 0.74%. 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 Shandongcred Sun Power Sources's exact dividend yield.
When does Shandongcred Sun Power Sources go ex dividend?
Shandongcred Sun Power Sources's ex-dividend date for the latest dividend was on 2024-06-21. Shandongcred Sun Power Sources 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 Shandongcred Sun Power Sources dividend paid?
Shandongcred Sun Power Sources pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Shandongcred Sun Power Sources 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 Shandongcred Sun Power Sources 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 Shandongcred Sun Power Sources dividend per share?
Shandongcred Sun Power Sources paid ¥0.057 per share in 2024 and ¥0.019 per share in 2023. The amount of dividend per share that Shandongcred Sun Power Sources 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 Shandongcred Sun Power Sources 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 Shandongcred Sun Power Sources 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 Shandongcred Sun Power Sources a dividend stock?
Yes, Shandongcred Sun Power Sources is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Shandongcred Sun Power Sources a good dividend stock?
Whether Shandongcred Sun Power Sources is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Shandongcred Sun Power Sources has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Shandongcred Sun Power Sources 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 Shandongcred Sun Power Sources pay dividends monthly?
Shandongcred Sun Power Sources typically pays dividends on a annually basis.
Does Shandongcred Sun Power Sources pay dividends quarterly?
Shandongcred Sun Power Sources currently pays dividends on a annually basis.
Has Shandongcred Sun Power Sources ever paid a dividend?
Yes, Shandongcred Sun Power Sources has a history of paying dividends to its shareholders. Shandongcred Sun Power Sources is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Shandongcred Sun Power Sources dividend stocks?
To buy Shandongcred Sun Power Sources 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 Shandongcred Sun Power Sources 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 Shandongcred Sun Power Sources pay dividends 2024?
Shandongcred Sun Power Sources pays dividends on a annually basis. 2024 dividend payments are in 2024-06-21. 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 Shandongcred Sun Power Sources increase its dividend in 2024?
Decisions regarding Shandongcred Sun Power Sources 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 Shandongcred Sun Power Sources dividend overview you can look into the above table of dividend history.
How Shandongcred Sun Power Sources dividend works?
The Shandongcred Sun Power Sources 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 Shandongcred Sun Power Sources's dividend process works:
1. Determination of Dividend: Shandongcred Sun Power Sources'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, Shandongcred Sun Power Sources 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, Shandongcred Sun Power Sources 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 Shandongcred Sun Power Sources 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 Shandongcred Sun Power Sources dividends paid?
Shandongcred Sun Power Sources dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Shandongcred Sun Power Sources 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, Shandongcred Sun Power Sources distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shandongcred Sun Power Sources 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 Shandongcred Sun Power Sources pay dividends?
Shandongcred Sun Power Sources 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 Shandongcred Sun Power Sources pay dividends?
The general pattern is that Shandongcred Sun Power Sources 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 Shandongcred Sun Power Sources dividend safe?
The safety of Shandongcred Sun Power Sources'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 Shandongcred Sun Power Sources'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 Shandongcred Sun Power Sources'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.