Soochow Securities Co., Ltd. provides a range of securities management services in China. The company offers investment banking services, such as stock mergers and acquisitions, corporate restructuring, and other financial advisory services. It also provides asset and fund management; investment in equity and fixed income securities, derivatives, and other alternative financial products; securities brokerage; and securities financing and loan services, as well as engages in Internet financial business. The company was founded in 1993 and is based in Suzhou, China.
Soochow Securities Dividend Announcement
• Soochow Securities announced a semi annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-10-17. Ex dividend date: 2024-10-17
• Soochow Securities annual dividend for 2024 was ¥0.26
• Soochow Securities annual dividend for 2023 was ¥0.16
• Soochow Securities's trailing twelve-month (TTM) dividend yield is 3.15%
• Soochow Securities's payout ratio for the trailing twelve months (TTM) is 124.23%
• Soochow Securities's dividend growth over the last five years (2018-2023) was 2.31% year
• Soochow Securities's dividend growth over the last ten years (2013-2023) was 12.89% year
Soochow Securities Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-17 | ¥0.07 | semi annually | 2024-10-17 |
2024-06-13 | ¥0.19 | semi annually | 2024-06-13 |
2023-06-20 | ¥0.16 | semi annually | 2023-06-20 |
2022-06-21 | ¥0.17 | semi annually | 2022-06-21 |
2021-07-23 | ¥0.16 | semi annually | 2021-07-23 |
2020-06-10 | ¥0.13 | semi annually | 2020-06-10 |
2019-07-05 | ¥0.08 | semi annually | 2019-07-05 |
2018-05-10 | ¥0.14 | semi annually | 2018-05-10 |
2017-05-19 | ¥0.14 | semi annually | 2017-05-19 |
2016-06-16 | ¥0.28 | semi annually | |
2015-06-26 | ¥0.12 | semi annually | |
2014-04-30 | ¥0.06 | semi annually | |
2013-06-24 | ¥0.05 | semi annually |
Soochow Securities Dividend per year
Soochow Securities Dividend growth
Soochow Securities Dividend Yield
Soochow Securities current trailing twelve-month (TTM) dividend yield is 3.15%. Interested in purchasing Soochow Securities stock? Use our calculator to estimate your expected dividend yield:
Soochow Securities Financial Ratios
Soochow Securities Dividend FAQ
Other factors to consider when evaluating Soochow Securities 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: Soochow Securities'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, Soochow Securities 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, Soochow Securities 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 Soochow Securities 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: Soochow Securities 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, Soochow Securities distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Soochow Securities 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 Soochow Securities'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 Soochow Securities'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.