Sino Wealth Electronic Ltd. researches, designs, develops, produces, and sells integrated circuits in China and internationally. The company offers industrial control-level microcontroller chips and OLED display drive chips, as well as related electronic module products. It also imports, exports, and wholesales electronic products; and provides commission agency and related technical consulting services. The company's products are used in home and kitchen appliances, lithium battery management, motor control, smart meters, computer peripherals, and Internet of Things, as well as PMOLED and AMOLED display driver products. Sino Wealth Electronic Ltd. was founded in 1994 and is based in Shanghai, China.
Sino Wealth Electronic Dividend Announcement
• Sino Wealth Electronic announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-28
• Sino Wealth Electronic annual dividend for 2024 was ¥0.20
• Sino Wealth Electronic annual dividend for 2023 was ¥0.40
• Sino Wealth Electronic's trailing twelve-month (TTM) dividend yield is 0.81%
• Sino Wealth Electronic's payout ratio for the trailing twelve months (TTM) is 126.06%
• Sino Wealth Electronic's dividend growth over the last five years (2018-2023) was -2.33% year
• Sino Wealth Electronic's dividend growth over the last ten years (2013-2023) was 6.16% year
Sino Wealth Electronic Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | ¥0.20 | annually | 2024-06-28 |
2023-07-11 | ¥0.40 | annually | 2023-07-11 |
2022-05-31 | ¥0.53 | annually | 2022-05-31 |
2021-07-08 | ¥0.48 | annually | 2021-07-08 |
2020-06-02 | ¥0.48 | annually | 2020-06-02 |
2019-06-24 | ¥0.45 | annually | 2019-06-24 |
2018-06-22 | ¥0.45 | annually | 2018-06-22 |
2017-07-31 | ¥0.38 | annually | 2017-07-31 |
2016-07-13 | ¥0.20 | annually | |
2015-06-24 | ¥0.15 | annually | |
2014-07-01 | ¥0.20 | annually | |
2013-07-03 | ¥0.22 | annually |
Sino Wealth Electronic Dividend per year
Sino Wealth Electronic Dividend growth
Sino Wealth Electronic Dividend Yield
Sino Wealth Electronic current trailing twelve-month (TTM) dividend yield is 0.81%. Interested in purchasing Sino Wealth Electronic stock? Use our calculator to estimate your expected dividend yield:
Sino Wealth Electronic Financial Ratios
Sino Wealth Electronic Dividend FAQ
Other factors to consider when evaluating Sino Wealth Electronic 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 Wealth Electronic'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 Wealth Electronic 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 Wealth Electronic 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 Wealth Electronic 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 Wealth Electronic 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 Wealth Electronic 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 Wealth Electronic 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 Wealth Electronic'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 Wealth Electronic'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.