Shenzhen Sunway Communication Co., Ltd. engages in the research, development, manufacture, and sale of antennas, wireless charging modules, soft magnetic materials, RF front-end components, cables and connectors, audio/RF modules, and EMC/EMI solutions. The company offers RF and wireless products, such as antennas, transmission lines, wireless charging products, spring contacts, and connectivity modules; precision metals, metals/plastics components, and structural assemblies; precision connectors, RF cables, and active optical cables; passive components that include alloy resistors, thick film chip resistors, thin film chip resistors, and ceramic chip resistance products; and antenna speaker assemblies for speakers, speaker boxes, and receivers. Its products are used in consumer electronics, such as smartphones, tablets, PCs, smart wearable devices, etc.; and automotive, IoT, smart home, and communication infrastructure products. Sunway Communication Co., Ltd. was founded in 2006 and is headquartered in Shenzhen, China.
Shenzhen Sunway Communication Dividend Announcement
• Shenzhen Sunway Communication announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-06-14. Ex dividend date: 2024-06-14
• Shenzhen Sunway Communication annual dividend for 2024 was ¥0.10
• Shenzhen Sunway Communication annual dividend for 2023 was ¥0.05
• Shenzhen Sunway Communication's trailing twelve-month (TTM) dividend yield is 0.41%
• Shenzhen Sunway Communication's payout ratio for the trailing twelve months (TTM) is 32.00%
Shenzhen Sunway Communication Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-14 | ¥0.10 | annually | 2024-06-14 |
2023-06-16 | ¥0.05 | annually | 2023-06-16 |
2022-06-28 | ¥0.05 | annually | 2022-06-28 |
2021-06-09 | ¥0.10 | annually | 2021-06-09 |
2020-06-23 | ¥0.05 | annually | 2020-06-23 |
2018-08-01 | ¥0.08 | annually | 2018-08-01 |
2017-07-07 | ¥0.05 | annually | 2017-07-07 |
2016-05-24 | ¥0.05 | annually | |
2015-06-03 | ¥0.10 | annually | |
2012-04-23 | ¥0.15 | annually | |
2011-04-29 | ¥0.30 | annually |
Shenzhen Sunway Communication Dividend per year
Shenzhen Sunway Communication Dividend growth
Shenzhen Sunway Communication Dividend Yield
Shenzhen Sunway Communication current trailing twelve-month (TTM) dividend yield is 0.41%. Interested in purchasing Shenzhen Sunway Communication stock? Use our calculator to estimate your expected dividend yield:
Shenzhen Sunway Communication Financial Ratios
Shenzhen Sunway Communication Dividend FAQ
Other factors to consider when evaluating Shenzhen Sunway Communication 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 Sunway Communication'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 Sunway Communication 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 Sunway Communication 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 Sunway Communication 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 Sunway Communication 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 Sunway Communication 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 Sunway Communication 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 Sunway Communication'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 Sunway Communication'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.