Sinoseal Holding Co., Ltd. engages in the research and development, manufacture, and supply of mechanical seals, dry gas seals, auxiliary systems, rotary jet pumps, and other related products in China. It offers mechanical seals for pumps, dry gas seals for compressors, mechanical seals for agitators, special seals, support systems for pumps, support systems for compressors, nuclear power products, bearing isolators, and rotary jet pumps, as well as seal intelligent monitoring system. The company serves oil and gas, refinery, petrochemicals and chemicals, power, other industries. It also operates in Malaysia, Vietnam, Singapore, Indonesia, India, Bangladesh, the Middle East, Kuwait, Austria/Germany, and Argentina. The company was founded in 1978 and is based in Chengdu, China.
Sinoseal Dividend Announcement
• Sinoseal announced a semi annually dividend of ¥0.50 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-10-18
• Sinoseal annual dividend for 2024 was ¥1.00
• Sinoseal annual dividend for 2023 was ¥1.00
• Sinoseal's trailing twelve-month (TTM) dividend yield is 4.12%
• Sinoseal's payout ratio for the trailing twelve months (TTM) is 52.15%
• Sinoseal's dividend growth over the last five years (2018-2023) was 31.95% year
Sinoseal Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-18 | ¥0.50 | semi annually | 2024-10-18 |
2024-06-21 | ¥0.50 | semi annually | 2024-06-21 |
2023-10-20 | ¥0.50 | semi annually | 2023-10-20 |
2023-06-09 | ¥0.50 | semi annually | 2023-06-09 |
2022-06-10 | ¥0.50 | semi annually | 2022-06-10 |
2021-06-23 | ¥0.20 | semi annually | 2021-06-23 |
2020-06-24 | ¥0.18 | semi annually | 2020-06-24 |
2019-06-21 | ¥0.17 | semi annually | 2019-06-21 |
2018-06-22 | ¥0.25 | semi annually | 2018-06-22 |
2017-07-11 | ¥0.20 | semi annually | 2017-07-11 |
2016-07-05 | ¥0.30 | semi annually | |
2015-07-30 | ¥0.45 | semi annually |
Sinoseal Dividend per year
Sinoseal Dividend growth
Sinoseal Dividend Yield
Sinoseal current trailing twelve-month (TTM) dividend yield is 4.12%. Interested in purchasing Sinoseal stock? Use our calculator to estimate your expected dividend yield:
Sinoseal Financial Ratios
Sinoseal Dividend FAQ
Other factors to consider when evaluating Sinoseal 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: Sinoseal'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, Sinoseal 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, Sinoseal 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 Sinoseal 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: Sinoseal 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, Sinoseal distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sinoseal 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 Sinoseal'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 Sinoseal'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.