Shenzhen Envicool Technology Co., Ltd. produces and sells temperature control solutions and products in China. It offers AC and DC powered air conditioners, heat exchangers, and combo air conditioner for outdoor cabinets; and telecom site cooling solutions, including free cooling, split AC air conditioners, and split DC air conditioners. The company also provides industrial air conditioners, fans-and-filters, air/water heat exchangers, thermostats/hygrostats, heaters, oil coolers, and water coolers; transport cooling solutions; data center cooling solutions; door/wall mounted units; and floor standing units. In addition, it offers ceiling and wall mounted air environment units, elevator air sterilizer, and mobile and mini mobile disinfection purifiers; and liquid and air cooling products. The company was founded in 2005 and is based in Shenzhen, China.
Shenzhen Envicool Technology Dividend Announcement
• Shenzhen Envicool Technology announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-05-27. Ex dividend date: 2024-05-27
• Shenzhen Envicool Technology annual dividend for 2024 was ¥0.20
• Shenzhen Envicool Technology annual dividend for 2023 was ¥0.25
• Shenzhen Envicool Technology's trailing twelve-month (TTM) dividend yield is 0.44%
• Shenzhen Envicool Technology's payout ratio for the trailing twelve months (TTM) is 26.91%
• Shenzhen Envicool Technology's dividend growth over the last five years (2018-2023) was 32.71% year
Shenzhen Envicool Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-27 | ¥0.20 | annually | 2024-05-27 |
2023-05-19 | ¥0.25 | annually | 2023-05-19 |
2022-05-31 | ¥0.18 | annually | 2022-05-31 |
2021-05-27 | ¥0.18 | annually | 2021-05-27 |
2020-05-29 | ¥0.23 | annually | 2020-05-29 |
2019-05-17 | ¥0.15 | annually | 2019-05-17 |
2018-03-16 | ¥0.06 | annually | 2018-03-16 |
2017-06-01 | ¥0.28 | annually | 2017-06-01 |
Shenzhen Envicool Technology Dividend per year
Shenzhen Envicool Technology Dividend growth
Shenzhen Envicool Technology Dividend Yield
Shenzhen Envicool Technology current trailing twelve-month (TTM) dividend yield is 0.44%. Interested in purchasing Shenzhen Envicool Technology stock? Use our calculator to estimate your expected dividend yield:
Shenzhen Envicool Technology Financial Ratios
Shenzhen Envicool Technology Dividend FAQ
Other factors to consider when evaluating Shenzhen Envicool 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 Envicool 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 Envicool 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 Envicool 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 Envicool 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 Envicool 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 Envicool 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 Envicool 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 Envicool 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 Envicool 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.