Suntront Technology Co., Ltd. develops, manufactures, and sells smart meters in China and internationally. The company offers smart water, gas, heat, and energy meters; and remote devices and other products. It also provides prepayment, automatic meter reading, and technique related solutions, as well as smart management software with various functions, such as file creation, account opening, daily business dealing, sale and multi inquiry, report summary, read/write card, input/collect data, bill printing, blacklist checking, etc. Suntront Technology Co., Ltd. was founded in 2000 and is headquartered in Zhengzhou, China.
Suntront Technology Dividend Announcement
• Suntront Technology announced a semi annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-05-23. Ex dividend date: 2024-05-23
• Suntront Technology annual dividend for 2024 was ¥0.07
• Suntront Technology annual dividend for 2023 was ¥0.15
• Suntront Technology's trailing twelve-month (TTM) dividend yield is 1.9%
• Suntront Technology's payout ratio for the trailing twelve months (TTM) is 41.19%
• Suntront Technology's dividend growth over the last five years (2018-2023) was 10.54% year
• Suntront Technology's dividend growth over the last ten years (2013-2023) was 2.26% year
Suntront Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-23 | ¥0.07 | semi annually | 2024-05-23 |
2023-09-20 | ¥0.05 | semi annually | 2023-09-20 |
2023-05-16 | ¥0.10 | semi annually | 2023-05-16 |
2022-05-23 | ¥0.15 | semi annually | 2022-05-23 |
2021-05-19 | ¥0.09 | semi annually | 2021-05-19 |
2020-06-19 | ¥0.05 | semi annually | 2020-06-19 |
2019-05-30 | ¥0.01 | semi annually | 2019-05-30 |
2018-05-23 | ¥0.09 | semi annually | 2018-05-23 |
2017-06-12 | ¥0.03 | semi annually | 2017-06-12 |
2016-05-13 | ¥0.02 | semi annually | |
2015-05-27 | ¥0.09 | semi annually | |
2014-05-23 | ¥0.10 | semi annually | |
2013-06-06 | ¥0.12 | semi annually |
Suntront Technology Dividend per year
Suntront Technology Dividend growth
Suntront Technology Dividend Yield
Suntront Technology current trailing twelve-month (TTM) dividend yield is 1.9%. Interested in purchasing Suntront Technology stock? Use our calculator to estimate your expected dividend yield:
Suntront Technology Financial Ratios
Suntront Technology Dividend FAQ
Other factors to consider when evaluating Suntront Technology 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: Suntront Technology'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, Suntront Technology 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, Suntront Technology 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 Suntront Technology 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: Suntront Technology 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, Suntront Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Suntront Technology 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 Suntront Technology'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 Suntront Technology'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.