Shinva Medical Instrument Co., Ltd. provides medical instruments and equipment in the People's Republic of China. It offers CSSD integrated solutions, pharmaceutical equipment integrated solutions, radiotherapy integrated solutions, digital operating room integrated solutions, dental integrated solutions, medical environmental protection integrated solutions, experiment animal safeguard integrated solutions, in vitro diagnostic reagents and instruments, and biomedical materials and supplies. The company also provides pharmaceutical machinery and air purifiers. Shinva Medical Instrument Co., Ltd. was founded in 1943 and is headquartered in Zibo, the People's Republic of China.
Shinva Medical Instrument Dividend Announcement
• Shinva Medical Instrument announced a annually dividend of ¥0.65 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06
• Shinva Medical Instrument annual dividend for 2024 was ¥0.65
• Shinva Medical Instrument annual dividend for 2023 was ¥0.15
• Shinva Medical Instrument's trailing twelve-month (TTM) dividend yield is 2.88%
• Shinva Medical Instrument's payout ratio for the trailing twelve months (TTM) is 56.53%
• Shinva Medical Instrument's dividend growth over the last five years (2018-2023) was 24.57% year
• Shinva Medical Instrument's dividend growth over the last ten years (2013-2023) was 4.14% year
Shinva Medical Instrument Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-06 | ¥0.65 | annually | 2024-06-06 |
2023-06-15 | ¥0.15 | annually | 2023-06-15 |
2022-06-10 | ¥0.15 | annually | 2022-06-10 |
2021-07-28 | ¥0.10 | annually | 2021-07-28 |
2020-06-30 | ¥0.10 | annually | 2020-06-30 |
2019-07-01 | ¥0.04 | annually | 2019-07-01 |
2018-07-10 | ¥0.05 | annually | 2018-07-10 |
2017-08-22 | ¥0.04 | annually | 2017-08-22 |
2016-07-20 | ¥0.07 | annually | |
2015-07-06 | ¥0.08 | annually | |
2014-07-21 | ¥0.11 | annually | |
2013-06-03 | ¥0.10 | annually |
Shinva Medical Instrument Dividend per year
Shinva Medical Instrument Dividend growth
Shinva Medical Instrument Dividend Yield
Shinva Medical Instrument current trailing twelve-month (TTM) dividend yield is 2.88%. Interested in purchasing Shinva Medical Instrument stock? Use our calculator to estimate your expected dividend yield:
Shinva Medical Instrument Financial Ratios
Shinva Medical Instrument Dividend FAQ
Other factors to consider when evaluating Shinva Medical Instrument 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: Shinva Medical Instrument'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, Shinva Medical Instrument 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, Shinva Medical Instrument 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 Shinva Medical Instrument 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: Shinva Medical Instrument 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, Shinva Medical Instrument distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shinva Medical Instrument 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 Shinva Medical Instrument'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 Shinva Medical Instrument'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.