Shenzhen Desay Battery Technology Co., Ltd. operates in lithium battery industry in China and internationally. It engages in the small and medium lithium battery packaging and integration business, as well as large-scale power battery, energy storage battery, other power management systems, and packaging integration businesses. The company also provides small and medium mobile power management systems. It serves consumer electronics manufacturers. The company was formerly known as Shenzhen Worldsun Enterprise Co., Ltd. and changed its name to Shenzhen Desay Battery Technology Co., Ltd. in June 2005. Shenzhen Desay Battery Technology Co., Ltd. was founded in 1985 and is based in Shenzhen, China.
Shenzhen Desay Battery Technology Dividend Announcement
• Shenzhen Desay Battery Technology announced a annually dividend of ¥0.45 per ordinary share which will be made payable on 2024-05-09. Ex dividend date: 2024-05-09
• Shenzhen Desay Battery Technology annual dividend for 2024 was ¥0.45
• Shenzhen Desay Battery Technology annual dividend for 2023 was ¥0.60
• Shenzhen Desay Battery Technology's trailing twelve-month (TTM) dividend yield is 1.8%
• Shenzhen Desay Battery Technology's payout ratio for the trailing twelve months (TTM) is 135.64%
• Shenzhen Desay Battery Technology's dividend growth over the last five years (2018-2023) was 21.06% year
• Shenzhen Desay Battery Technology's dividend growth over the last ten years (2013-2023) was 8.04% year
Shenzhen Desay Battery Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-09 | ¥0.45 | annually | 2024-05-09 |
2023-06-07 | ¥0.60 | annually | 2023-06-07 |
2022-05-18 | ¥0.75 | annually | 2022-05-18 |
2021-05-11 | ¥0.92 | annually | 2021-05-11 |
2020-06-11 | ¥0.65 | annually | 2020-06-11 |
2019-06-06 | ¥0.23 | annually | 2019-06-06 |
2018-05-09 | ¥0.23 | annually | 2018-05-09 |
2017-05-11 | ¥0.23 | annually | 2017-05-11 |
2016-05-13 | ¥0.14 | annually | |
2015-04-28 | ¥0.18 | annually | |
2014-04-24 | ¥0.18 | annually | |
2013-06-17 | ¥0.28 | annually |
Shenzhen Desay Battery Technology Dividend per year
Shenzhen Desay Battery Technology Dividend growth
Shenzhen Desay Battery Technology Dividend Yield
Shenzhen Desay Battery Technology current trailing twelve-month (TTM) dividend yield is 1.8%. Interested in purchasing Shenzhen Desay Battery Technology stock? Use our calculator to estimate your expected dividend yield:
Shenzhen Desay Battery Technology Financial Ratios
Shenzhen Desay Battery Technology Dividend FAQ
Other factors to consider when evaluating Shenzhen Desay Battery 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: Shenzhen Desay Battery 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, Shenzhen Desay Battery 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, Shenzhen Desay Battery 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 Shenzhen Desay Battery 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: Shenzhen Desay Battery 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, Shenzhen Desay Battery 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: Shenzhen Desay Battery 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 Shenzhen Desay Battery 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 Shenzhen Desay Battery 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.