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 annually dividend of ¥0.19 per ordinary share which will be made payable on 2024-07-11. Ex dividend date: 2024-07-11 • SUFA Technology Industry CNNC annual dividend for 2024 was ¥0.19 • SUFA Technology Industry CNNC annual dividend for 2023 was ¥0.12 • SUFA Technology Industry CNNC's trailing twelve-month (TTM) dividend yield is 1.06% • 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 current trailing twelve-month (TTM) dividend yield is 1.06%. Interested in purchasing SUFA Technology Industry CNNC stock? Use our calculator to estimate your expected dividend yield:
SUFA Technology Industry CNNC Financial Ratios
P/E ratio32.49
PEG ratio4.40
P/B ratio3.31
ROE10.36%
Payout ratio58.41%
Current ratio1.72
Quick ratio1.23
Cash Ratio0.09
SUFA Technology Industry CNNC Dividend FAQ
How much is the next SUFA Technology Industry CNNC dividend?
SUFA Technology Industry CNNC's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next SUFA Technology Industry CNNC dividend. The next SUFA Technology Industry CNNC dividend will be released in July.
When is SUFA Technology Industry CNNC dividend paid?
SUFA Technology Industry CNNC pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 SUFA Technology Industry CNNC pay?
The specific amount of SUFA Technology Industry CNNC 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 SUFA Technology Industry CNNC's dividend history.
Does SUFA Technology Industry CNNC stock pay dividends?
Yes, SUFA Technology Industry CNNC 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 SUFA Technology Industry CNNC's dividend history.
How much dividend does SUFA Technology Industry CNNC pay?
SUFA Technology Industry CNNC paid ¥0.187 in 2024, ¥0.121 in 2023, ¥0.094 in 2022, ¥0.082 in 2021, and ¥0.107 in 2020.
How often does SUFA Technology Industry CNNC pay dividends?
SUFA Technology Industry CNNC 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 July.
What is SUFA Technology Industry CNNC's dividend yield?
The current dividend yield for SUFA Technology Industry CNNC is 1.06%. 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 SUFA Technology Industry CNNC's exact dividend yield.
When does SUFA Technology Industry CNNC go ex dividend?
SUFA Technology Industry CNNC's ex-dividend date for the latest dividend was on 2024-07-11. SUFA Technology Industry CNNC 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 SUFA Technology Industry CNNC dividend paid?
SUFA Technology Industry CNNC pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will SUFA Technology Industry CNNC 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 SUFA Technology Industry CNNC 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 SUFA Technology Industry CNNC dividend per share?
SUFA Technology Industry CNNC paid ¥0.187 per share in 2024 and ¥0.121 per share in 2023. The amount of dividend per share that SUFA Technology Industry CNNC 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 SUFA Technology Industry CNNC 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 SUFA Technology Industry CNNC 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 SUFA Technology Industry CNNC a dividend stock?
Yes, SUFA Technology Industry CNNC is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is SUFA Technology Industry CNNC a good dividend stock?
Whether SUFA Technology Industry CNNC is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. SUFA Technology Industry CNNC has a history of paying regular dividends, which can make it attractive to income-focused investors.
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.
Does SUFA Technology Industry CNNC pay dividends monthly?
SUFA Technology Industry CNNC typically pays dividends on a annually basis.
Does SUFA Technology Industry CNNC pay dividends quarterly?
SUFA Technology Industry CNNC currently pays dividends on a annually basis.
Has SUFA Technology Industry CNNC ever paid a dividend?
Yes, SUFA Technology Industry CNNC has a history of paying dividends to its shareholders. SUFA Technology Industry CNNC is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy SUFA Technology Industry CNNC dividend stocks?
To buy SUFA Technology Industry CNNC 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 SUFA Technology Industry CNNC 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 SUFA Technology Industry CNNC pay dividends 2024?
SUFA Technology Industry CNNC pays dividends on a annually basis. 2024 dividend payments are in 2024-07-11. 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 SUFA Technology Industry CNNC increase its dividend in 2024?
Decisions regarding SUFA Technology Industry CNNC 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 SUFA Technology Industry CNNC dividend overview you can look into the above table of dividend history.
How SUFA Technology Industry CNNC dividend works?
The SUFA Technology Industry CNNC 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 SUFA Technology Industry CNNC's dividend process works:
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.
How are SUFA Technology Industry CNNC dividends paid?
SUFA Technology Industry CNNC dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
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.
How many times does SUFA Technology Industry CNNC pay dividends?
SUFA Technology Industry CNNC 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 SUFA Technology Industry CNNC pay dividends?
The general pattern is that SUFA Technology Industry CNNC pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is SUFA Technology Industry CNNC dividend safe?
The safety of SUFA Technology Industry CNNC'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 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.