Shang Gong Group Co., Ltd. researches, develops, produces, and sells industrial sewing equipment and household sewing machines in China and internationally. It offers machines for apparel manufacturing, including lock and chain stitch machines, engineered workstations, sewing automats, and sewing units; and machines for upholstery, automotive, and technical textiles, such as M-type H-type flatbed machines, postbed machines, cylinder arm-machines, and workstations, as well as sewing units. The company also provides sewing machines for the manufacturing of shoes, bags, and suitcases, as well as for aerospace and new materials. In addition, the company offers film materials and office equipment sale, import and export trade, and logistics services. Further, it produces and markets electronic equipment; offers asset and property management services; researches and markets sewing software; and offers campus logistics management and labor services. The company offers its products under the Dürkopp Adler, PFAFF Industrial, KSL, SGGEMSY, Richpeace, SMPIC, Shanggong, and Butterfly brands. The company was formerly known as SGSB Group Co., Ltd. Shang Gong Group Co., Ltd. was founded in 1965 and is headquartered in Shanghai, China.
Shang Gong Dividend Announcement
• Shang Gong announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-07-30. Ex dividend date: 2024-07-30
• Shang Gong annual dividend for 2024 was ¥0.05
• Shang Gong annual dividend for 2023 was ¥0.05
• Shang Gong's trailing twelve-month (TTM) dividend yield is 0.31%
• Shang Gong's payout ratio for the trailing twelve months (TTM) is -269.28%
Shang Gong Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-30 | ¥0.05 | annually | 2024-07-30 |
2023-08-02 | ¥0.05 | annually | 2023-08-02 |
2022-07-27 | ¥0.05 | annually | 2022-07-27 |
1995-05-10 | ¥0.17 | annually |
Shang Gong Dividend per year
Shang Gong Dividend growth
Shang Gong Dividend Yield
Shang Gong current trailing twelve-month (TTM) dividend yield is 0.31%. Interested in purchasing Shang Gong stock? Use our calculator to estimate your expected dividend yield:
Shang Gong Financial Ratios
Shang Gong Dividend FAQ
Other factors to consider when evaluating Shang Gong 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: Shang Gong'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, Shang Gong 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, Shang Gong 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 Shang Gong 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: Shang Gong 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, Shang Gong distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shang Gong 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 Shang Gong'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 Shang Gong'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.