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Sobute New Materials Co., Ltd engages in the research, development, production, and sale of concrete admixtures in Mainland China, Pakistan, Bangladesh, and Hong Kong. The company offers superplasticizers and superaccelerators/strength-enhancers, as well as pre-stressed, common grouting, and spray and fiber concrete materials; and durability materials, transportation engineering materials, and waterproof and repair materials. Its products are used in the construction of various projects, including bridge, nuclear and hydropower station, high speed railway, water diversion, tunnel, etc. The company is based in Nanjing, China.

Sobute New Materials Dividend Announcement

Sobute New Materials announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-06-25. Ex dividend date: 2024-06-25
Sobute New Materials annual dividend for 2024 was ¥0.15
Sobute New Materials annual dividend for 2023 was ¥0.30
Sobute New Materials 's trailing twelve-month (TTM) dividend yield is 1.82%
Sobute New Materials 's payout ratio for the trailing twelve months (TTM) is 199.51%
Sobute New Materials 's dividend growth over the last five years (2018-2023) was 12.47% year

Sobute New Materials Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-25¥0.15annually2024-06-25
2023-05-31¥0.30annually2023-05-31
2022-05-24¥0.36annually2022-05-24
2021-05-18¥0.30annually2021-05-18
2020-05-26¥0.25annually2020-05-26
2019-05-15¥0.20annually2019-05-15
2018-06-06¥0.17annually2018-06-06

Sobute New Materials Dividend per year

Sobute New Materials Dividend growth

Sobute New Materials Dividend Yield

Sobute New Materials current trailing twelve-month (TTM) dividend yield is 1.82%. Interested in purchasing Sobute New Materials stock? Use our calculator to estimate your expected dividend yield:

Sobute New Materials Financial Ratios

P/E ratio29.59
PEG ratio9.22
P/B ratio0.82
ROE2.76%
Payout ratio199.51%
Current ratio2.31
Quick ratio2.07
Cash Ratio0.39

Sobute New Materials Dividend FAQ

How much is the next Sobute New Materials dividend?
Sobute New Materials 's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sobute New Materials dividend. The next Sobute New Materials dividend will be released in May.
When is Sobute New Materials dividend paid?
Sobute New Materials pays dividends on a annually basis. The specific dates may vary each year but are generally around May. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Sobute New Materials pay?
The specific amount of Sobute New Materials dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sobute New Materials 's dividend history.
Does Sobute New Materials stock pay dividends?
Yes, Sobute New Materials does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sobute New Materials 's dividend history.
How much dividend does Sobute New Materials pay?
Sobute New Materials paid ¥0.15 in 2024, ¥0.3 in 2023, ¥0.36 in 2022, ¥0.3 in 2021, and ¥0.25 in 2020.
How often does Sobute New Materials pay dividends?
Sobute New Materials typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is Sobute New Materials 's dividend yield?
The current dividend yield for Sobute New Materials is 1.82%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Sobute New Materials 's exact dividend yield.
When does Sobute New Materials go ex dividend?
Sobute New Materials 's ex-dividend date for the latest dividend was on 2024-06-25. Sobute New Materials typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Sobute New Materials dividend paid?
Sobute New Materials pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Sobute New Materials increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Sobute New Materials will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Sobute New Materials dividend per share?
Sobute New Materials paid ¥0.15 per share in 2024 and ¥0.3 per share in 2023. The amount of dividend per share that Sobute New Materials pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Sobute New Materials a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Sobute New Materials a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Sobute New Materials a dividend stock?
Yes, Sobute New Materials is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sobute New Materials a good dividend stock?
Whether Sobute New Materials is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sobute New Materials has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Sobute New Materials 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.
Does Sobute New Materials pay dividends monthly?
Sobute New Materials typically pays dividends on a annually basis.
Does Sobute New Materials pay dividends quarterly?
Sobute New Materials currently pays dividends on a annually basis.
Has Sobute New Materials ever paid a dividend?
Yes, Sobute New Materials has a history of paying dividends to its shareholders. Sobute New Materials is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sobute New Materials dividend stocks?
To buy Sobute New Materials you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Sobute New Materials stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Sobute New Materials pay dividends 2024?
Sobute New Materials pays dividends on a annually basis. 2024 dividend payments are in 2024-06-25. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Sobute New Materials increase its dividend in 2024?
Decisions regarding Sobute New Materials dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Sobute New Materials dividend overview you can look into the above table of dividend history.
How Sobute New Materials dividend works?
The Sobute New Materials dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Sobute New Materials 's dividend process works:

1. Determination of Dividend: Sobute New Materials '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, Sobute New Materials 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, Sobute New Materials 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 Sobute New Materials 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.
How are Sobute New Materials dividends paid?
Sobute New Materials dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Sobute New Materials 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, Sobute New Materials distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Sobute New Materials 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.
How many times does Sobute New Materials pay dividends?
Sobute New Materials typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Sobute New Materials pay dividends?
The general pattern is that Sobute New Materials pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sobute New Materials dividend safe?
The safety of Sobute New Materials 's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Sobute New Materials '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 Sobute New Materials '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.