Sino Prima Gas Technology Co., Ltd. engages in the manufacturing and trading of gardening products and accessories. Its power tool products include battery tools, lawn mowers, grass trimmers, and chain saws; cutting tools, such as pruners, hedge shears, loppers, pruning saws, and grass shears; and garden tools comprise hand, digging, special, and kids tools, as well as garden tool packs. The company also offers watering products, such as garden hose, hose hangers and hose reels, nozzle guns and connectors, sprinklers, sprayers and pumps, and watering cans; and growing products, such as planter, composter and garden beds, green house products, and propagation products, as well as plant supporting services. It serves customers through retailers, distributors, importers, DIY stores, garden center chains, and supermarkets. The company markets its products under the WORTH brand primarily in China and the United States. The company was formerly known as Shanghai Worth Garden Products Co., Ltd. and changed its name to Sino Prima Gas Technology Co., Ltd. in January 2021. Sino Prima Gas Technology Co., Ltd. was founded in 2000 and is headquartered in Shanghai, China.
Sino Prima Gas Technology Dividend Announcement
• Sino Prima Gas Technology announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2020-05-18. Ex dividend date: 2020-05-18
• Sino Prima Gas Technology's trailing twelve-month (TTM) dividend yield is -%
• Sino Prima Gas Technology's payout ratio for the trailing twelve months (TTM) is -25.18%
Sino Prima Gas Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2020-05-18 | ¥0.06 | annually | 2020-05-18 |
2018-04-20 | ¥0.03 | annually | 2018-04-20 |
2017-06-15 | ¥0.08 | annually | 2017-06-15 |
2016-07-15 | ¥0.12 | annually |
Sino Prima Gas Technology Dividend per year
Sino Prima Gas Technology Dividend growth
Sino Prima Gas Technology Dividend Yield
Sino Prima Gas Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Sino Prima Gas Technology stock? Use our calculator to estimate your expected dividend yield:
Sino Prima Gas Technology Financial Ratios
Sino Prima Gas Technology Dividend FAQ
Other factors to consider when evaluating Sino Prima Gas Technology 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 Prima Gas Technology'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 Prima Gas Technology 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 Prima Gas Technology 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 Prima Gas Technology 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 Prima Gas Technology 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 Prima Gas Technology 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 Prima Gas Technology 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 Prima Gas Technology'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 Prima Gas Technology'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.