Sieyuan Electric Co., Ltd. researches and develops, produces, sells, and services power transmission and distribution equipment in China and internationally. It offers power transformers, gas insulated switchgears, circuit breakers, disconnectors, instrument transformers, ARC suppression coil devices, neutral earthing resistors, capacitors, reactors, high and low voltage statcom, low voltage APF, and testing equipment, as well as EPC solutions and services. The company was founded in 1993 and is based in Shanghai, China.
Sieyuan Electric Dividend Announcement
• Sieyuan Electric announced a annually dividend of ¥0.40 per ordinary share which will be made payable on 2024-06-24. Ex dividend date: 2024-06-24
• Sieyuan Electric annual dividend for 2024 was ¥0.40
• Sieyuan Electric annual dividend for 2023 was ¥0.30
• Sieyuan Electric's trailing twelve-month (TTM) dividend yield is 0.53%
• Sieyuan Electric's payout ratio for the trailing twelve months (TTM) is 28.62%
• Sieyuan Electric's dividend growth over the last five years (2018-2023) was 24.57% year
• Sieyuan Electric's dividend growth over the last ten years (2013-2023) was 11.61% year
Sieyuan Electric Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-24 | ¥0.40 | annually | 2024-06-24 |
2023-06-26 | ¥0.30 | annually | 2023-06-26 |
2022-06-21 | ¥0.20 | annually | 2022-06-21 |
2021-06-23 | ¥0.20 | annually | 2021-06-23 |
2020-06-09 | ¥0.10 | annually | 2020-06-09 |
2019-06-10 | ¥0.10 | annually | 2019-06-10 |
2018-05-23 | ¥0.10 | annually | 2018-05-23 |
2017-06-01 | ¥0.10 | annually | 2017-06-01 |
2016-04-25 | ¥0.17 | annually | |
2015-04-23 | ¥0.08 | annually | |
2014-05-16 | ¥0.20 | annually | |
2013-05-29 | ¥0.10 | annually |
Sieyuan Electric Dividend per year
Sieyuan Electric Dividend growth
Sieyuan Electric Dividend Yield
Sieyuan Electric current trailing twelve-month (TTM) dividend yield is 0.53%. Interested in purchasing Sieyuan Electric stock? Use our calculator to estimate your expected dividend yield:
Sieyuan Electric Financial Ratios
Sieyuan Electric Dividend FAQ
Other factors to consider when evaluating Sieyuan 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: Sieyuan 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, Sieyuan 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, Sieyuan 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 Sieyuan 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: Sieyuan 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, Sieyuan 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: Sieyuan 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 Sieyuan 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 Sieyuan 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.