Suzhou Hycan Holdings Co., Ltd. engages in research and development, design, production, and sale of packaging products in China and internationally. It offers chemical tanks, which are used for the packaging of chemical pigments, paints, lubricants, and other products. The company also provides food packaging products comprises metal lids that are used for food packaging, such as vegetables, jams, and condiments; food cans are primarily used for packaging various processed foods consisting of milk powder, nutritional powder, condiments, fruits, vegetables, meat, and aquatic products; and printed coated iron products. It offers injection and blow molding packaging products for lubricant, food, chemical, adhesive, coating, and other industries. The company was formerly known as Suzhou Huayuan Packaging Co., Ltd. and changed its name to Suzhou Hycan Holdings Co., Ltd. in January 2017. Suzhou Hycan Holdings Co., Ltd. was established in 1998 and is based in Suzhou, China.
Suzhou Hycan Dividend Announcement
• Suzhou Hycan announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2021-06-11. Ex dividend date: 2021-06-11
• Suzhou Hycan's trailing twelve-month (TTM) dividend yield is -%
• Suzhou Hycan's payout ratio for the trailing twelve months (TTM) is 48.55%
Suzhou Hycan Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2021-06-11 | ¥0.05 | annually | 2021-06-11 |
2020-06-05 | ¥0.10 | annually | 2020-06-05 |
2019-05-30 | ¥0.05 | annually | 2019-05-30 |
2018-06-06 | ¥0.20 | annually | 2018-06-06 |
2017-06-12 | ¥0.50 | annually | 2017-06-12 |
2016-07-07 | ¥0.50 | annually |
Suzhou Hycan Dividend per year
Suzhou Hycan Dividend growth
Suzhou Hycan Dividend Yield
Suzhou Hycan current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Suzhou Hycan stock? Use our calculator to estimate your expected dividend yield:
Suzhou Hycan Financial Ratios
Suzhou Hycan Dividend FAQ
Other factors to consider when evaluating Suzhou Hycan 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.
Place an order: Use the brokerage's trading platform to place an order to buy Suzhou Hycan 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.
1. Determination of Dividend: Suzhou Hycan'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, Suzhou Hycan 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, Suzhou Hycan 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 Suzhou Hycan 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: Suzhou Hycan 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, Suzhou Hycan distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Suzhou Hycan 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 Suzhou Hycan'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 Suzhou Hycan'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.