Shenyu Communication Technology Inc. engages in the research and development, production, and sale of radio frequency coaxial cables in China. The company offers high-end stable phase, microwave low loss, semi rigid, Semi flexible, micro coaxial radio frequency, and very thin radio frequency coaxial cables; high speed data lines; radio frequency cable components; AF high temperature installation cables; and various high-frequency low-loss steady-phase cable assemblies and low-loss flexible microwave feeders. Its products are used in aerospace, ship, consumer electronics, medical equipment, communication base station, and high-frequency test instrument applications. Shenyu Communication Technology Inc. was founded in 2003 and is headquartered in Jiangyin, China.
Shenyu Communication Technology Dividend Announcement
• Shenyu Communication Technology announced a semi annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-09-23. Ex dividend date: 2024-09-23
• Shenyu Communication Technology annual dividend for 2024 was ¥0.27
• Shenyu Communication Technology annual dividend for 2023 was ¥0.09
• Shenyu Communication Technology's trailing twelve-month (TTM) dividend yield is 0.52%
• Shenyu Communication Technology's payout ratio for the trailing twelve months (TTM) is 81.21%
• Shenyu Communication Technology's dividend growth over the last five years (2018-2023) was -2.09% year
Shenyu Communication Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-23 | ¥0.07 | semi annually | 2024-09-23 |
2024-05-16 | ¥0.20 | semi annually | 2024-05-16 |
2023-06-13 | ¥0.09 | semi annually | 2023-06-13 |
2022-05-31 | ¥0.09 | semi annually | 2022-05-31 |
2021-04-16 | ¥0.15 | semi annually | 2021-04-16 |
2020-04-17 | ¥0.20 | semi annually | 2020-04-17 |
2019-05-23 | ¥0.12 | semi annually | 2019-05-23 |
2018-04-19 | ¥0.10 | semi annually | 2018-04-19 |
2017-04-20 | ¥0.20 | semi annually | 2017-04-20 |
Shenyu Communication Technology Dividend per year
Shenyu Communication Technology Dividend growth
Shenyu Communication Technology Dividend Yield
Shenyu Communication Technology current trailing twelve-month (TTM) dividend yield is 0.52%. Interested in purchasing Shenyu Communication Technology stock? Use our calculator to estimate your expected dividend yield:
Shenyu Communication Technology Financial Ratios
Shenyu Communication Technology Dividend FAQ
Other factors to consider when evaluating Shenyu Communication 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: Shenyu Communication 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, Shenyu Communication 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, Shenyu Communication 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 Shenyu Communication 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: Shenyu Communication 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, Shenyu Communication 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: Shenyu Communication 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 Shenyu Communication 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 Shenyu Communication 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.