Shenzhen Sinexcel Electric Co.,Ltd. provides energy internet core power equipment and solutions in China, rest of Asia, Oceania, Europe, North America, South America, and Africa. The company offers Industrial supporting power supply products, such as active power filter, three phase unbalance conditioning device, dynamic voltage regulator, low voltage line voltage regulation device, uninterruptible power supply, frequency converter, laser generator power supply, monocrystalline silicon furnace heating power supply; electric vehicle charging and replacement services, including split and integrated charging equipment, AC charging piles, constant power charging modules, and charging station construction and operation management services; new energy power conversion equipment; and battery formation and testing equipment, such as lithium battery, and lead-acid battery formation and testing equipment. Shenzhen Sinexcel Electric Co.,Ltd. was founded in 2007 and is based in Shenzhen, China.
Shenzhen Sinexcel Electric Dividend Announcement
• Shenzhen Sinexcel Electric announced a annually dividend of ¥0.33 per ordinary share which will be made payable on 2024-04-24. Ex dividend date: 2024-04-24
• Shenzhen Sinexcel Electric annual dividend for 2024 was ¥0.33
• Shenzhen Sinexcel Electric annual dividend for 2023 was ¥0.33
• Shenzhen Sinexcel Electric's trailing twelve-month (TTM) dividend yield is 1.35%
• Shenzhen Sinexcel Electric's payout ratio for the trailing twelve months (TTM) is 26.87%
• Shenzhen Sinexcel Electric's dividend growth over the last five years (2018-2023) was 1.75% year
Shenzhen Sinexcel Electric Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-24 | ¥0.33 | annually | 2024-04-24 |
2023-05-16 | ¥0.33 | annually | 2023-05-16 |
2022-06-08 | ¥0.12 | annually | 2022-06-08 |
2021-06-02 | ¥0.16 | annually | 2021-06-02 |
2020-06-17 | ¥0.10 | annually | 2020-06-17 |
2019-07-10 | ¥0.10 | annually | 2019-07-10 |
2018-06-19 | ¥0.30 | annually | 2018-06-19 |
Shenzhen Sinexcel Electric Dividend per year
Shenzhen Sinexcel Electric Dividend growth
Shenzhen Sinexcel Electric Dividend Yield
Shenzhen Sinexcel Electric current trailing twelve-month (TTM) dividend yield is 1.35%. Interested in purchasing Shenzhen Sinexcel Electric stock? Use our calculator to estimate your expected dividend yield:
Shenzhen Sinexcel Electric Financial Ratios
Shenzhen Sinexcel Electric Dividend FAQ
Other factors to consider when evaluating Shenzhen Sinexcel Electric 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 Sinexcel Electric'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 Sinexcel Electric 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 Sinexcel Electric 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 Sinexcel Electric 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 Sinexcel Electric 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 Sinexcel Electric 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 Sinexcel Electric 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 Sinexcel Electric'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 Sinexcel Electric'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.