Sinoma Science & Technology Co.,Ltd. engages in the research and development, design, manufacture, and sale of specialty fiber composite materials in China. The company offers special fibers and composites, including glass fibers, three-dimensional fabrics, phenolic resins, composite molds, power composite materials, rail transportation composite materials, and automobile composite materials used in the aerospace, ship, track transportation, automobile, infrastructure construction, electricity, chemical corrosion, and other fields. It also provides lithium battery separators for lithium batteries and lithium battery materials; high-pressure gas cylinders, such as vehicle control CNG cylinders, automotive steel deep drawing CNG cylinders, tube bundles and hydrogen cylinders, etc.; engineering technology and equipment used in the defense, military, environmental protection, agriculture, plastics, rubber, high-voltage cable, and other industries; filtration and separation materials used in the cement, steel, carbon black, electricity, and other industries; and composite wind power blades. The company also exports its products. Sinoma Science & Technology Co.,Ltd. was incorporated in 2001 and is headquartered in Beijing, China. Sinoma Science & Technology Co.,Ltd. is a subsidiary of China National Materials Company Limited.
Sinoma Science & Technology Dividend Announcement
• Sinoma Science & Technology announced a annually dividend of ¥0.56 per ordinary share which will be made payable on 2024-05-31. Ex dividend date: 2024-05-31
• Sinoma Science & Technology annual dividend for 2024 was ¥0.56
• Sinoma Science & Technology annual dividend for 2023 was ¥0.66
• Sinoma Science & Technology's trailing twelve-month (TTM) dividend yield is 4.31%
• Sinoma Science & Technology's payout ratio for the trailing twelve months (TTM) is 157.99%
• Sinoma Science & Technology's dividend growth over the last five years (2018-2023) was 17.08% year
• Sinoma Science & Technology's dividend growth over the last ten years (2013-2023) was 20.77% year
Sinoma Science & Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-31 | ¥0.56 | annually | 2024-05-31 |
2023-05-31 | ¥0.66 | annually | 2023-05-31 |
2022-06-01 | ¥0.64 | annually | 2022-06-01 |
2021-05-28 | ¥0.40 | annually | 2021-05-28 |
2020-05-22 | ¥0.26 | annually | 2020-05-22 |
2019-05-23 | ¥0.19 | annually | 2019-05-23 |
2018-05-15 | ¥0.30 | annually | 2018-05-15 |
2017-04-27 | ¥0.12 | annually | 2017-04-27 |
2016-10-27 | ¥0.15 | annually | |
2015-04-29 | ¥0.12 | annually | |
2014-04-29 | ¥0.10 | annually | |
2013-05-23 | ¥0.10 | annually |
Sinoma Science & Technology Dividend per year
Sinoma Science & Technology Dividend growth
Sinoma Science & Technology Dividend Yield
Sinoma Science & Technology current trailing twelve-month (TTM) dividend yield is 4.31%. Interested in purchasing Sinoma Science & Technology stock? Use our calculator to estimate your expected dividend yield:
Sinoma Science & Technology Financial Ratios
Sinoma Science & Technology Dividend FAQ
Other factors to consider when evaluating Sinoma Science & 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: Sinoma Science & 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, Sinoma Science & 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, Sinoma Science & 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 Sinoma Science & 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: Sinoma Science & 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, Sinoma Science & 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: Sinoma Science & 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 Sinoma Science & 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 Sinoma Science & 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.