Songcheng Performance Development Co.,Ltd operates in the performing arts industry in China. The company operates tourism resorts and theme parks; and performs art shows under Songcheng and the Romance Show Series brand names. It also provides leisure tourism, live entertainment, and online entertainment services. The company was formerly known as Hangzhou Songcheng Tourism Development Co.,Ltd. and changed its name to Songcheng Performance Development Co.,Ltd in April 2014. Songcheng Performance Development Co.,Ltd is headquartered in Hangzhou, China.
Songcheng Performance Development Dividend Announcement
• Songcheng Performance Development announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-06-21. Ex dividend date: 2024-06-21 • Songcheng Performance Development annual dividend for 2024 was ¥0.10 • Songcheng Performance Development annual dividend for 2023 was ¥0.05 • Songcheng Performance Development's trailing twelve-month (TTM) dividend yield is 1.09% • Songcheng Performance Development's payout ratio for the trailing twelve months (TTM) is 357.89% • Songcheng Performance Development's dividend growth over the last five years (2018-2023) was -16.06% year • Songcheng Performance Development's dividend growth over the last ten years (2013-2023) was -10.37% year
Songcheng Performance Development Dividend History
Songcheng Performance Development Dividend per year
Songcheng Performance Development Dividend growth
Songcheng Performance Development Dividend Yield
Songcheng Performance Development current trailing twelve-month (TTM) dividend yield is 1.09%. Interested in purchasing Songcheng Performance Development stock? Use our calculator to estimate your expected dividend yield:
Songcheng Performance Development Financial Ratios
P/E ratio216.36
PEG ratio24.96
P/B ratio2.98
ROE1.46%
Payout ratio357.89%
Current ratio5.80
Quick ratio5.79
Cash Ratio5.24
Songcheng Performance Development Dividend FAQ
How much is the next Songcheng Performance Development dividend?
Songcheng Performance Development's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Songcheng Performance Development dividend. The next Songcheng Performance Development dividend will be released in June.
When is Songcheng Performance Development dividend paid?
Songcheng Performance Development pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Songcheng Performance Development pay?
The specific amount of Songcheng Performance Development 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 Songcheng Performance Development's dividend history.
Does Songcheng Performance Development stock pay dividends?
Yes, Songcheng Performance Development 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 Songcheng Performance Development's dividend history.
How much dividend does Songcheng Performance Development pay?
Songcheng Performance Development paid ¥0.1 in 2024, ¥0.05 in 2023, ¥0.05 in 2022, ¥0.05 in 2021, and ¥0.2 in 2020.
How often does Songcheng Performance Development pay dividends?
Songcheng Performance Development 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 June.
What is Songcheng Performance Development's dividend yield?
The current dividend yield for Songcheng Performance Development is 1.09%. 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 Songcheng Performance Development's exact dividend yield.
When does Songcheng Performance Development go ex dividend?
Songcheng Performance Development's ex-dividend date for the latest dividend was on 2024-06-21. Songcheng Performance Development 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 Songcheng Performance Development dividend paid?
Songcheng Performance Development pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Songcheng Performance Development 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 Songcheng Performance Development 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 Songcheng Performance Development dividend per share?
Songcheng Performance Development paid ¥0.1 per share in 2024 and ¥0.05 per share in 2023. The amount of dividend per share that Songcheng Performance Development 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 Songcheng Performance Development 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 Songcheng Performance Development 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 Songcheng Performance Development a dividend stock?
Yes, Songcheng Performance Development is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Songcheng Performance Development a good dividend stock?
Whether Songcheng Performance Development is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Songcheng Performance Development has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Songcheng Performance Development 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 Songcheng Performance Development pay dividends monthly?
Songcheng Performance Development typically pays dividends on a annually basis.
Does Songcheng Performance Development pay dividends quarterly?
Songcheng Performance Development currently pays dividends on a annually basis.
Has Songcheng Performance Development ever paid a dividend?
Yes, Songcheng Performance Development has a history of paying dividends to its shareholders. Songcheng Performance Development is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Songcheng Performance Development dividend stocks?
To buy Songcheng Performance Development 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 Songcheng Performance Development 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 Songcheng Performance Development pay dividends 2024?
Songcheng Performance Development pays dividends on a annually basis. 2024 dividend payments are in 2024-06-21. 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 Songcheng Performance Development increase its dividend in 2024?
Decisions regarding Songcheng Performance Development 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 Songcheng Performance Development dividend overview you can look into the above table of dividend history.
How Songcheng Performance Development dividend works?
The Songcheng Performance Development 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 Songcheng Performance Development's dividend process works:
1. Determination of Dividend: Songcheng Performance Development'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, Songcheng Performance Development 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, Songcheng Performance Development 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 Songcheng Performance Development 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 Songcheng Performance Development dividends paid?
Songcheng Performance Development dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Songcheng Performance Development 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, Songcheng Performance Development distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Songcheng Performance Development 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 Songcheng Performance Development pay dividends?
Songcheng Performance Development 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 Songcheng Performance Development pay dividends?
The general pattern is that Songcheng Performance Development pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Songcheng Performance Development dividend safe?
The safety of Songcheng Performance Development'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 Songcheng Performance Development'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 Songcheng Performance Development'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.