Sinocare Inc. engages in the development, manufacture, and marketing of diagnosis rapid testing products primarily in the People's Republic of China. It offers SARS-CoV-2 antibody test strip; Safe-Accu blood glucose monitoring systems; Safe-AQ blood glucose monitoring systems; Gold-Accu blood glucose monitoring systems; Safe-Accu UG blood, glucose, and uric acid monitoring systems; Safe-Accu KG blood, glucose, and ketone monitoring systems; and D Nurse mobile glucose meters. The company provides its products for the patients with chronic diseases and diabetes, as well as for healthcare professionals. It also exports its products to 135 countries. Sinocare Inc. was founded in 2002 and is based in Changsha, the People's Republic of China.
Sinocare Dividend Announcement
• Sinocare announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-06-17. Ex dividend date: 2024-06-17
• Sinocare annual dividend for 2024 was ¥0.20
• Sinocare annual dividend for 2023 was ¥0.20
• Sinocare's trailing twelve-month (TTM) dividend yield is 0.85%
• Sinocare's payout ratio for the trailing twelve months (TTM) is 59.19%
• Sinocare's dividend growth over the last five years (2018-2023) was -7.79% year
• Sinocare's dividend growth over the last ten years (2013-2023) was -11.68% year
Sinocare Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-17 | ¥0.20 | annually | 2024-06-17 |
2023-05-26 | ¥0.20 | annually | 2023-05-26 |
2022-05-25 | ¥0.20 | annually | 2022-05-25 |
2021-06-11 | ¥0.20 | annually | 2021-06-11 |
2020-05-19 | ¥0.30 | annually | 2020-05-19 |
2019-05-17 | ¥0.30 | annually | 2019-05-17 |
2018-07-16 | ¥0.30 | annually | 2018-07-16 |
2017-05-19 | ¥0.36 | annually | 2017-05-19 |
2016-03-11 | ¥0.36 | annually | |
2015-05-18 | ¥0.33 | annually | |
2014-05-13 | ¥0.46 | annually | |
2013-04-03 | ¥0.69 | annually |
Sinocare Dividend per year
Sinocare Dividend growth
Sinocare Dividend Yield
Sinocare current trailing twelve-month (TTM) dividend yield is 0.85%. Interested in purchasing Sinocare stock? Use our calculator to estimate your expected dividend yield:
Sinocare Financial Ratios
Sinocare Dividend FAQ
Other factors to consider when evaluating Sinocare 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: Sinocare'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, Sinocare 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, Sinocare 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 Sinocare 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: Sinocare 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, Sinocare distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sinocare 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 Sinocare'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 Sinocare'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.