Sino-Platinum Metals Co.,Ltd engages in the research, development, production, and management of functional materials. It primarily provides precious metals, including gold. The company also offers special functional materials, environmental protection and catalytic functional materials, information functional materials, renewable resource materials, and other materials, which mainly used in aviation, aerospace, navigation, national defense and military, electronics, energy, chemical, petroleum, automobile, biomedicine, environmental protection energy, steel and other industries. In addition, it provides precious metal supply, inspection, information, and technology services, as well as engages in recycling of precious metal resources. The company was founded in 2000 and is based in Kunming, China.
Sino-Platinum Metals Dividend Announcement
• Sino-Platinum Metals announced a annually dividend of ¥0.19 per ordinary share which will be made payable on 2024-07-04. Ex dividend date: 2024-07-04
• Sino-Platinum Metals annual dividend for 2024 was ¥0.19
• Sino-Platinum Metals annual dividend for 2023 was ¥0.17
• Sino-Platinum Metals's trailing twelve-month (TTM) dividend yield is 1.34%
• Sino-Platinum Metals's payout ratio for the trailing twelve months (TTM) is 77.48%
• Sino-Platinum Metals's dividend growth over the last five years (2018-2023) was 6.21% year
• Sino-Platinum Metals's dividend growth over the last ten years (2013-2023) was 15.46% year
Sino-Platinum Metals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-04 | ¥0.19 | annually | 2024-07-04 |
2023-07-05 | ¥0.17 | annually | 2023-07-05 |
2022-07-04 | ¥0.20 | annually | 2022-07-04 |
2021-06-21 | ¥0.18 | annually | 2021-06-21 |
2020-07-03 | ¥0.21 | annually | 2020-07-03 |
2019-06-27 | ¥0.14 | annually | 2019-06-27 |
2018-06-01 | ¥0.12 | annually | 2018-06-01 |
2017-07-21 | ¥0.09 | annually | 2017-07-21 |
2016-06-24 | ¥0.06 | annually | |
2015-06-26 | ¥0.09 | annually | |
2014-06-19 | ¥0.10 | annually | |
2013-05-31 | ¥0.04 | annually |
Sino-Platinum Metals Dividend per year
Sino-Platinum Metals Dividend growth
Sino-Platinum Metals Dividend Yield
Sino-Platinum Metals current trailing twelve-month (TTM) dividend yield is 1.34%. Interested in purchasing Sino-Platinum Metals stock? Use our calculator to estimate your expected dividend yield:
Sino-Platinum Metals Financial Ratios
Sino-Platinum Metals Dividend FAQ
Other factors to consider when evaluating Sino-Platinum Metals 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: Sino-Platinum Metals'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, Sino-Platinum Metals 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, Sino-Platinum Metals 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 Sino-Platinum Metals 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: Sino-Platinum Metals 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, Sino-Platinum Metals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sino-Platinum Metals 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 Sino-Platinum Metals'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 Sino-Platinum Metals'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.