SHENZHEN TOPRAYSOLAR Co.,Ltd. operates as a solar energy company in China. The company engages in the research, development, production, and sales of solar cell chips and components, solar power supplies, solar application products, solar photovoltaic glass, solar photovoltaic brackets, solar collector plates, and water heater systems, as well as design, installation, and sales of solar hot water, solar power station, and wind power projects. Its products include grid-connected and off-grid solar modules; solar chargers that include electronic chargers, RV and auto chargers, and accessories; solar power kits; solar lightings comprising street, flood, camping, lantern, shed, and security lights, as well as solar portable lighting kits; solar home improvement products, such as solar air heaters, floating mountains, mosquito zappers, and mole chasers; EVA films; and solar wafers, cells, and ingots. It also develops and operates photovoltaic power plants with an installed capacity of approximately 532 MW. The company was founded in 1992 and is based in Shenzhen, China.
SHENZHEN TOPRAYSOLAR Dividend Announcement
• SHENZHEN TOPRAYSOLAR announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-07-09. Ex dividend date: 2024-07-09
• SHENZHEN TOPRAYSOLAR annual dividend for 2024 was ¥0.02
• SHENZHEN TOPRAYSOLAR annual dividend for 2023 was ¥0.03
• SHENZHEN TOPRAYSOLAR's trailing twelve-month (TTM) dividend yield is 0.51%
• SHENZHEN TOPRAYSOLAR's payout ratio for the trailing twelve months (TTM) is -2046.08%
SHENZHEN TOPRAYSOLAR Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-09 | ¥0.02 | annually | 2024-07-09 |
2023-07-11 | ¥0.03 | annually | 2023-07-11 |
2022-07-06 | ¥0.04 | annually | 2022-07-06 |
2021-12-17 | ¥0.04 | annually | 2021-12-17 |
2020-07-27 | ¥0.03 | annually | 2020-07-27 |
2018-07-05 | ¥0.03 | annually | 2018-07-05 |
2017-07-06 | ¥0.05 | annually | 2017-07-06 |
2016-07-25 | ¥0.05 | annually | |
2015-05-28 | ¥0.05 | annually | |
2011-05-11 | ¥0.07 | annually | |
2010-05-18 | ¥0.35 | annually | |
2009-05-05 | ¥0.25 | annually |
SHENZHEN TOPRAYSOLAR Dividend per year
SHENZHEN TOPRAYSOLAR Dividend growth
SHENZHEN TOPRAYSOLAR Dividend Yield
SHENZHEN TOPRAYSOLAR current trailing twelve-month (TTM) dividend yield is 0.51%. Interested in purchasing SHENZHEN TOPRAYSOLAR stock? Use our calculator to estimate your expected dividend yield:
SHENZHEN TOPRAYSOLAR Financial Ratios
SHENZHEN TOPRAYSOLAR Dividend FAQ
Other factors to consider when evaluating SHENZHEN TOPRAYSOLAR 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 TOPRAYSOLAR'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 TOPRAYSOLAR 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 TOPRAYSOLAR 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 TOPRAYSOLAR 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 TOPRAYSOLAR 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 TOPRAYSOLAR 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 TOPRAYSOLAR 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 TOPRAYSOLAR'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 TOPRAYSOLAR'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.