company-logo

Sungrow Power Supply Co., Ltd. researches, develops, produces, sells, and services solar, wind, and other energy storage equipment worldwide. The company offers photovoltaic inverters, wind power converters, energy storage systems, new energy vehicle drive systems, and water surface photovoltaic equipment; accessories and monitors; and maintenance services, as well as engages in smart energy operation business. Sungrow Power Supply Co., Ltd. was founded in 1997 and is headquartered in Hefei, China.

Sungrow Power Supply Dividend Announcement

Sungrow Power Supply announced a annually dividend of ¥0.96 per ordinary share which will be made payable on 2024-06-13. Ex dividend date: 2024-06-13
Sungrow Power Supply annual dividend for 2024 was ¥0.96
Sungrow Power Supply annual dividend for 2023 was ¥0.22
Sungrow Power Supply's trailing twelve-month (TTM) dividend yield is 1.08%
Sungrow Power Supply's payout ratio for the trailing twelve months (TTM) is 33.77%
Sungrow Power Supply's dividend growth over the last five years (2018-2023) was 22.49% year
Sungrow Power Supply's dividend growth over the last ten years (2013-2023) was 15.97% year

Sungrow Power Supply Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-13¥0.96annually2024-06-13
2023-06-07¥0.22annually2023-06-07
2022-06-28¥0.11annually2022-06-28
2021-05-28¥0.14annually2021-05-28
2020-07-10¥0.07annually2020-07-10
2019-06-28¥0.06annually2019-06-28
2018-06-07¥0.08annually2018-06-07
2017-06-29¥0.05annually2017-06-29
2016-09-09¥0.10annually
2015-07-02¥0.05annually
2014-05-30¥0.06annually
2013-05-28¥0.05annually

Sungrow Power Supply Dividend per year

Sungrow Power Supply Dividend growth

Sungrow Power Supply Dividend Yield

Sungrow Power Supply current trailing twelve-month (TTM) dividend yield is 1.08%. Interested in purchasing Sungrow Power Supply stock? Use our calculator to estimate your expected dividend yield:

Sungrow Power Supply Financial Ratios

P/E ratio18.82
PEG ratio-1.19
P/B ratio5.41
ROE31.90%
Payout ratio33.77%
Current ratio1.58
Quick ratio1.01
Cash Ratio0.31

Sungrow Power Supply Dividend FAQ

How much is the next Sungrow Power Supply dividend?
Sungrow Power Supply's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sungrow Power Supply dividend. The next Sungrow Power Supply dividend will be released in June.
When is Sungrow Power Supply dividend paid?
Sungrow Power Supply 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 Sungrow Power Supply pay?
The specific amount of Sungrow Power Supply 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 Sungrow Power Supply's dividend history.
Does Sungrow Power Supply stock pay dividends?
Yes, Sungrow Power Supply 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 Sungrow Power Supply's dividend history.
How much dividend does Sungrow Power Supply pay?
Sungrow Power Supply paid ¥0.965 in 2024, ¥0.22 in 2023, ¥0.11 in 2022, ¥0.14 in 2021, and ¥0.07 in 2020.
How often does Sungrow Power Supply pay dividends?
Sungrow Power Supply 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 Sungrow Power Supply's dividend yield?
The current dividend yield for Sungrow Power Supply is 1.08%. 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 Sungrow Power Supply's exact dividend yield.
When does Sungrow Power Supply go ex dividend?
Sungrow Power Supply's ex-dividend date for the latest dividend was on 2024-06-13. Sungrow Power Supply 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 Sungrow Power Supply dividend paid?
Sungrow Power Supply pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Sungrow Power Supply 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 Sungrow Power Supply 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 Sungrow Power Supply dividend per share?
Sungrow Power Supply paid ¥0.965 per share in 2024 and ¥0.22 per share in 2023. The amount of dividend per share that Sungrow Power Supply 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 Sungrow Power Supply 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 Sungrow Power Supply 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 Sungrow Power Supply a dividend stock?
Yes, Sungrow Power Supply is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sungrow Power Supply a good dividend stock?
Whether Sungrow Power Supply is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sungrow Power Supply has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Sungrow Power Supply 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 Sungrow Power Supply pay dividends monthly?
Sungrow Power Supply typically pays dividends on a annually basis.
Does Sungrow Power Supply pay dividends quarterly?
Sungrow Power Supply currently pays dividends on a annually basis.
Has Sungrow Power Supply ever paid a dividend?
Yes, Sungrow Power Supply has a history of paying dividends to its shareholders. Sungrow Power Supply is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sungrow Power Supply dividend stocks?
To buy Sungrow Power Supply 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 Sungrow Power Supply 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 Sungrow Power Supply pay dividends 2024?
Sungrow Power Supply pays dividends on a annually basis. 2024 dividend payments are in 2024-06-13. 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 Sungrow Power Supply increase its dividend in 2024?
Decisions regarding Sungrow Power Supply 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 Sungrow Power Supply dividend overview you can look into the above table of dividend history.
How Sungrow Power Supply dividend works?
The Sungrow Power Supply 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 Sungrow Power Supply's dividend process works:

1. Determination of Dividend: Sungrow Power Supply'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, Sungrow Power Supply 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, Sungrow Power Supply 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 Sungrow Power Supply 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 Sungrow Power Supply dividends paid?
Sungrow Power Supply dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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

3. Currency: Sungrow Power Supply 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 Sungrow Power Supply pay dividends?
Sungrow Power Supply 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 Sungrow Power Supply pay dividends?
The general pattern is that Sungrow Power Supply 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 Sungrow Power Supply dividend safe?
The safety of Sungrow Power Supply'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 Sungrow Power Supply'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 Sungrow Power Supply'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.