Shenghe Resources Holding Co., Ltd develops, produces, and supplies rare earth (RE) resource and relevant products in China and internationally. Its principal products include RE concentrates, RE oxidants, RE compounds, RE metals, RE metallurgical materials, RE catalysts, zircon sand, titanium concentrate, and rutile. The company also provides monazite, kyanite, molecule sieves, rare earth ferrosilicon, Si-Ba inoculants, vermiculizer, spheroidizing agents, industrial-grade oxalic acid, etc. Its products are used in new energy and materials, energy conservation and environmental protection, aerospace, military, and electronics industries. The company was formerly known as Taiyuan Tiancheng Science & Technology Co., Ltd and changed its name to Shenghe Resources Holding Co., Ltd in January 2013. The company is headquartered in Chengdu, China.
Shenghe Resources Dividend Announcement
• Shenghe Resources announced a semi annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-12-06. Ex dividend date: 2024-12-06
• Shenghe Resources annual dividend for 2024 was ¥0.07
• Shenghe Resources annual dividend for 2023 was ¥0.10
• Shenghe Resources 's trailing twelve-month (TTM) dividend yield is 0.62%
• Shenghe Resources 's payout ratio for the trailing twelve months (TTM) is 79.26%
Shenghe Resources Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-06 | ¥0.02 | semi annually | 2024-12-06 |
2024-07-03 | ¥0.05 | semi annually | 2024-07-03 |
2023-07-17 | ¥0.10 | semi annually | 2023-07-17 |
2022-06-16 | ¥0.10 | semi annually | 2022-06-16 |
2021-07-12 | ¥0.05 | semi annually | 2021-07-12 |
2019-06-20 | ¥0.03 | semi annually | 2019-06-20 |
2018-07-02 | ¥0.02 | semi annually | 2018-07-02 |
2017-07-19 | ¥0.02 | semi annually | 2017-07-19 |
2015-09-30 | ¥0.08 | semi annually | |
2007-10-12 | ¥0.03 | semi annually | |
2006-07-20 | ¥0.02 | semi annually | |
2005-07-18 | ¥0.07 | semi annually | |
2004-06-30 | ¥0.14 | semi annually |
Shenghe Resources Dividend per year
Shenghe Resources Dividend growth
Shenghe Resources Dividend Yield
Shenghe Resources current trailing twelve-month (TTM) dividend yield is 0.62%. Interested in purchasing Shenghe Resources stock? Use our calculator to estimate your expected dividend yield:
Shenghe Resources Financial Ratios
Shenghe Resources Dividend FAQ
Other factors to consider when evaluating Shenghe Resources 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: Shenghe Resources '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, Shenghe Resources 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, Shenghe Resources 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 Shenghe Resources 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: Shenghe Resources 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, Shenghe Resources distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shenghe Resources 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 Shenghe Resources '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 Shenghe Resources '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.