Shenzhen Topband Co., Ltd. researches, develops, produces, and sells intelligent control system solutions worldwide. The company provides diversified customized solutions for home appliances, tools, industry, and new energy applications. It also offers customized product concepts, design, development, manufacturing, and delivery services for master and power control, motor drive and control, and display control of home appliances; and for electronic controls, motors and batteries, and product forms that comprise controllers, modules, and complete machines. In addition, the company provides products and system solutions, such as inverters, battery cells, battery management and control, battery packs, battery swap cabinets, PACK, and motor controls for communication base stations, household energy storage, motorcycles and tricycles, other special vehicles, new energy vehicles, and Internet of Things. Further, it offers step and servo drives, and control products; and controllers, drivers, and motors used in 3C electronics, robotics, medical and semiconductor equipment, textile and packaging machinery, etc. The company was founded in 1996 and is headquartered in Shenzhen, China.
Shenzhen Topband Dividend Announcement
• Shenzhen Topband announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2024-05-10. Ex dividend date: 2024-05-10
• Shenzhen Topband annual dividend for 2024 was ¥0.06
• Shenzhen Topband annual dividend for 2023 was ¥0.06
• Shenzhen Topband's trailing twelve-month (TTM) dividend yield is 0.5%
• Shenzhen Topband's payout ratio for the trailing twelve months (TTM) is 15.12%
• Shenzhen Topband's dividend growth over the last five years (2018-2023) was -9.71% year
• Shenzhen Topband's dividend growth over the last ten years (2013-2023) was -8.76% year
Shenzhen Topband Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-10 | ¥0.06 | annually | 2024-05-10 |
2023-05-05 | ¥0.06 | annually | 2023-05-05 |
2022-04-29 | ¥0.05 | annually | 2022-04-29 |
2021-04-09 | ¥0.05 | annually | 2021-04-09 |
2020-06-02 | ¥0.05 | annually | 2020-06-02 |
2019-05-29 | ¥0.10 | annually | 2019-05-29 |
2018-05-24 | ¥0.10 | annually | 2018-05-24 |
2017-04-24 | ¥0.15 | annually | 2017-04-24 |
2016-06-27 | ¥0.15 | annually | |
2015-04-30 | ¥0.10 | annually | |
2014-05-28 | ¥0.10 | annually | |
2013-05-20 | ¥0.15 | annually |
Shenzhen Topband Dividend per year
Shenzhen Topband Dividend growth
Shenzhen Topband Dividend Yield
Shenzhen Topband current trailing twelve-month (TTM) dividend yield is 0.5%. Interested in purchasing Shenzhen Topband stock? Use our calculator to estimate your expected dividend yield:
Shenzhen Topband Financial Ratios
Shenzhen Topband Dividend FAQ
Other factors to consider when evaluating Shenzhen Topband 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 Topband'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 Topband 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 Topband 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 Topband 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 Topband 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 Topband 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 Topband 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 Topband'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 Topband'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.