Shengyi Technology Co., Ltd. develops, manufactures, and sells laminates in China. It offers flame-retardant epoxy glass fabric reinforced laminates, composite epoxy materials, and flexible circuit materials, as well as prereg for multilayer circuit boards; and high-end electronic materials, including CCL, insulation boards, resin-coated copper, and coverlay materials. The company also provides electronic circuit base materials; FR-4 CCL, FCCL, aluminum base materials, HSD base materials, and RF materials. Its products are primarily used for making single sided and double-sided printed circuit boards, and multilayer boards, which are applied in home appliances, portable and consumable electronics, automobiles, computers, aerospace, and other high-end electronic products. The company also exports its products to the Americas, Europe, Korea, Japan, and Southeast Asia. The company was formerly known as Guangdong Shengyi Sci. Tech Co., Ltd. Shengyi Technology Co., Ltd. was founded in 1985 and is headquartered in Dongguan, China.
Shengyi Technology Dividend Announcement
• Shengyi Technology announced a annually dividend of ¥0.45 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-24
• Shengyi Technology annual dividend for 2024 was ¥0.45
• Shengyi Technology annual dividend for 2023 was ¥0.45
• Shengyi Technology's trailing twelve-month (TTM) dividend yield is 2.21%
• Shengyi Technology's payout ratio for the trailing twelve months (TTM) is 135.88%
• Shengyi Technology's dividend growth over the last ten years (2013-2023) was 11.61% year
Shengyi Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-24 | ¥0.45 | annually | 2024-05-24 |
2023-05-26 | ¥0.45 | annually | 2023-05-26 |
2022-05-26 | ¥0.60 | annually | 2022-05-26 |
2021-05-28 | ¥0.40 | annually | 2021-05-28 |
2020-05-29 | ¥0.40 | annually | 2020-05-29 |
2019-06-06 | ¥0.35 | annually | 2019-06-06 |
2018-05-28 | ¥0.45 | annually | 2018-05-28 |
2017-06-12 | ¥0.33 | annually | 2017-06-12 |
2016-06-02 | ¥0.30 | annually | |
2015-05-28 | ¥0.25 | annually | |
2014-05-19 | ¥0.40 | annually | |
2013-08-01 | ¥0.15 | annually |
Shengyi Technology Dividend per year
Shengyi Technology Dividend growth
Shengyi Technology Dividend Yield
Shengyi Technology current trailing twelve-month (TTM) dividend yield is 2.21%. Interested in purchasing Shengyi Technology stock? Use our calculator to estimate your expected dividend yield:
Shengyi Technology Financial Ratios
Shengyi Technology Dividend FAQ
Other factors to consider when evaluating Shengyi Technology 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: Shengyi Technology'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, Shengyi Technology 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, Shengyi Technology 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 Shengyi Technology 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: Shengyi Technology 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, Shengyi Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shengyi Technology 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 Shengyi Technology'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 Shengyi Technology'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.