Shenzhen Cereals Holdings Co., Ltd. engages in the wholesale and retail, food processing and manufacturing, and leasing and commerce service businesses in the People's Republic of China. The company wholesales and retails rice, wheat, rice in the husk, corn, sorghum, and cooking oil and other grains and oil, as well as sells fine tea, beverage, and condiment; processes flour, rice, cooking oil, tea and natural plants, beverage, and other products; and engages in import and export trade, warehousing and storage, logistics and distribution, and quality inspection and information technology services; and property leasing and management, and business operation management services. It offers bread flour under Jinchangman, Yingshanhong and Hongli brands; tailored flour for cakes and steamed bun under Clivia and Canna brand names; wheat flour for noodles and cookie flour under the Sunflower brand; wheat flour for bread, refined and dumpling flour under the Tianlvxiang brand; and rice products under the Shenliang Doximi, Guzhixiang, Gufengxianman, Runxiangliangpin, Hexiang, and Taitai Fukou brands. It offers cooking oil products under Shenliang Fuxi, Shenliang Jinxi, and Youtian brands; tea under the Jufangyong brand; fresh extract under the Yichong brand; instant tea powder and other tea deep-processed products under the Jindiao brand; chrysanthemum tea and lemon tea under the Shenbao brand; tea drinks under the Cha Mi Xiang Qi brand; oyster sauce and sauces under the Sanjing brand; rice, noodles, oil, and coarse cereals series; and tea, rice, oil, drinking water, non-staple food and condiments, and Black-faced Spoonbill tea series. The company was formerly known as Shenzhen Shenbao Industrial Co., Ltd. and changed its name to Shenzhen Cereals Holdings Co., Ltd. in February 2019. The company was incorporated in 1975 and is based in Shenzhen, the People's Republic of China. Shenzhen Cereals Holdings Co., Ltd. is a subsidiary of Shenzhen Food Materials Group Co., Ltd.
Shenzhen Cereals Dividend Announcement
• Shenzhen Cereals announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-06-19. Ex dividend date: 2024-06-19
• Shenzhen Cereals annual dividend for 2024 was ¥0.20
• Shenzhen Cereals annual dividend for 2023 was ¥0.25
• Shenzhen Cereals's trailing twelve-month (TTM) dividend yield is 2.99%
• Shenzhen Cereals's payout ratio for the trailing twelve months (TTM) is 87.94%
Shenzhen Cereals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-19 | ¥0.20 | annually | 2024-06-19 |
2023-06-26 | ¥0.25 | annually | 2023-06-26 |
2022-06-22 | ¥0.25 | annually | 2022-06-22 |
2021-06-21 | ¥0.20 | annually | 2021-06-21 |
2020-06-19 | ¥0.20 | annually | 2020-06-19 |
2019-06-20 | ¥0.10 | annually | 2019-06-20 |
2017-06-28 | ¥0.05 | annually | 2017-06-28 |
2013-07-09 | ¥0.20 | annually | |
2002-05-27 | ¥0.05 | annually | |
2001-07-04 | ¥0.09 | annually | |
1999-07-09 | ¥0.09 | annually | |
1998-07-27 | ¥0.09 | annually |
Shenzhen Cereals Dividend per year
Shenzhen Cereals Dividend growth
Shenzhen Cereals Dividend Yield
Shenzhen Cereals current trailing twelve-month (TTM) dividend yield is 2.99%. Interested in purchasing Shenzhen Cereals stock? Use our calculator to estimate your expected dividend yield:
Shenzhen Cereals Financial Ratios
Shenzhen Cereals Dividend FAQ
Other factors to consider when evaluating Shenzhen Cereals 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: Shenzhen Cereals'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, Shenzhen Cereals 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, Shenzhen Cereals 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 Shenzhen Cereals 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: Shenzhen Cereals 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, Shenzhen Cereals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shenzhen Cereals 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 Shenzhen Cereals'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 Shenzhen Cereals'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.