Sinon Corporation manufactures and sells various chemicals and fertilizers. The company offers crop protection products, such as agrochemicals, fertilizers, farming materials, seeds, and seedlings, etc. It also provides product design, mold design and manufacturing, blow molding, injection molding, PET injection molding, PET extrusion blow molding, one-step injection blow molding, printing, gilding, labeling, shrink sleeving, etc. In addition, the company engages in the orchid business; houseware, catering services, and retail of agricultural products; import and export of medical and chemical products; designs and sale of software; software designing and information security maintenance; and retail sale of tobacco and alcoholic drinks, as well as supermarket. Further, it manufactures and sells cement, and offers pharmaceuticals. The company was formerly known as Shinung Chemical Industry Co., Ltd. and changed its name to Sinon Corporation in 1979. Sinon Corporation was founded in 1955 and is based in Taichung, Taiwan.
Sinon Dividend Announcement
• Sinon announced a annually dividend of NT$2.80 per ordinary share which will be made payable on . Ex dividend date: 2024-03-14
• Sinon annual dividend for 2024 was NT$2.80
• Sinon annual dividend for 2023 was NT$2.80
• Sinon's trailing twelve-month (TTM) dividend yield is 5.83%
• Sinon's payout ratio for the trailing twelve months (TTM) is 115.13%
• Sinon's dividend growth over the last five years (2018-2023) was 22.82% year
• Sinon's dividend growth over the last ten years (2013-2023) was 13.35% year
Sinon Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-14 | NT$2.80 | annually | |
2023-03-16 | NT$2.80 | annually | 2023-04-19 |
2022-04-07 | NT$1.80 | annually | 2022-05-09 |
2021-04-08 | NT$1.30 | annually | 2021-05-10 |
2020-04-08 | NT$1.30 | annually | 2020-05-08 |
2019-07-04 | NT$1.30 | annually | 2019-07-31 |
2018-08-09 | NT$1.00 | annually | 2018-08-31 |
2017-07-21 | NT$0.94 | annually | 2017-08-24 |
2016-07-20 | NT$0.60 | annually | |
2015-07-20 | NT$0.90 | annually | |
2014-07-18 | NT$0.80 | annually | |
2013-07-26 | NT$0.80 | annually |
Sinon Dividend per year
Sinon Dividend growth
Sinon Dividend Yield
Sinon current trailing twelve-month (TTM) dividend yield is 5.83%. Interested in purchasing Sinon stock? Use our calculator to estimate your expected dividend yield:
Sinon Financial Ratios
Sinon Dividend FAQ
Other factors to consider when evaluating Sinon 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: Sinon'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, Sinon 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, Sinon 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 Sinon 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: Sinon 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, Sinon distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sinon 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 Sinon'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 Sinon'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.