SUFA Technology Industry Co., Ltd. CNNC engages in the research and development, design, manufacture, and sale of industrial valves in China and internationally. The company offers utility, ball, check, shut-off, gate, and nuclear valves. It provides its products under the H and SUFA brands for petroleum and gas, oil refining, nuclear power, electric power, metallurgy, chemical, shipbuilding, papermaking, and medicine industries. SUFA Technology Industry Co., Ltd. CNNC was founded in 1997 and is based in Suzhou, China.
SUFA Technology Industry CNNC Dividend Announcement
• SUFA Technology Industry CNNC announced a semi annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-11-26. Ex dividend date: 2024-11-26
• SUFA Technology Industry CNNC annual dividend for 2024 was ¥0.21
• SUFA Technology Industry CNNC annual dividend for 2023 was ¥0.12
• SUFA Technology Industry CNNC's trailing twelve-month (TTM) dividend yield is 1.09%
• SUFA Technology Industry CNNC's payout ratio for the trailing twelve months (TTM) is 58.41%
• SUFA Technology Industry CNNC's dividend growth over the last five years (2018-2023) was 24.78% year
• SUFA Technology Industry CNNC's dividend growth over the last ten years (2013-2023) was 0.08% year
SUFA Technology Industry CNNC Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-26 | ¥0.02 | semi annually | 2024-11-26 |
2024-07-11 | ¥0.19 | semi annually | 2024-07-11 |
2023-07-25 | ¥0.12 | semi annually | 2023-07-25 |
2022-07-20 | ¥0.09 | semi annually | 2022-07-20 |
2021-07-23 | ¥0.08 | semi annually | 2021-07-23 |
2020-07-10 | ¥0.11 | semi annually | 2020-07-10 |
2019-06-21 | ¥0.09 | semi annually | 2019-06-21 |
2018-06-29 | ¥0.04 | semi annually | 2018-06-29 |
2017-06-21 | ¥0.08 | semi annually | 2017-06-21 |
2016-06-08 | ¥0.06 | semi annually | |
2015-06-26 | ¥0.05 | semi annually | |
2014-06-19 | ¥0.10 | semi annually | |
2013-05-07 | ¥0.12 | semi annually |
SUFA Technology Industry CNNC Dividend per year
SUFA Technology Industry CNNC Dividend growth
SUFA Technology Industry CNNC Dividend Yield
SUFA Technology Industry CNNC current trailing twelve-month (TTM) dividend yield is 1.09%. Interested in purchasing SUFA Technology Industry CNNC stock? Use our calculator to estimate your expected dividend yield:
SUFA Technology Industry CNNC Financial Ratios
SUFA Technology Industry CNNC Dividend FAQ
Other factors to consider when evaluating SUFA Technology Industry CNNC 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: SUFA Technology Industry CNNC'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, SUFA Technology Industry CNNC 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, SUFA Technology Industry CNNC 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 SUFA Technology Industry CNNC 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: SUFA Technology Industry CNNC 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, SUFA Technology Industry CNNC distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SUFA Technology Industry CNNC 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 SUFA Technology Industry CNNC'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 SUFA Technology Industry CNNC'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.