Suzhou Xingye Materials Technology Co.,Ltd. engages in the research, development, production, sale, and technical servicing of foundry functional new materials in China. It offers resins, including no-bake furan and phenolic urethane, ester and CO2 cured alkaline phenolic, cold box, easy-collapsible urethane no-bake, and acrylic resins, as well as sulfonic acid catalyst; and functional coatings, such as water-based/alcohol-based, high performance, flow, lost foam, metal mold, and special purpose coatings. The company also provides smelting material products; and feeder head products consisting of exothermic-insulating feeder sleeves, cylindrical exothermic, covering agents, neck downs, and boards, as well as breaker cores. In addition, it offers auxiliary materials, filter products, etc. The company's products are used in automobile, internal combustion engine and agricultural machinery, power generation, rail transportation and shipbuilding, engineering machinery, mining and heavy machinery, machine tools, cast pipes and valves, and other equipment manufacturing industries. Suzhou Xingye Materials Technology Co.,Ltd. was founded in 1996 and is based in Suzhou, China.
Suzhou Xingye Materials Technology Dividend Announcement
• Suzhou Xingye Materials Technology announced a semi annually dividend of ¥0.04 per ordinary share which will be made payable on 2024-09-18. Ex dividend date: 2024-09-18
• Suzhou Xingye Materials Technology annual dividend for 2024 was ¥0.15
• Suzhou Xingye Materials Technology's trailing twelve-month (TTM) dividend yield is 1.54%
• Suzhou Xingye Materials Technology's payout ratio for the trailing twelve months (TTM) is 57.70%
Suzhou Xingye Materials Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-18 | ¥0.04 | semi annually | 2024-09-18 |
2024-06-21 | ¥0.12 | semi annually | 2024-06-21 |
2022-07-11 | ¥0.77 | semi annually | 2022-07-11 |
2021-06-11 | ¥0.12 | semi annually | 2021-06-11 |
2020-06-08 | ¥0.15 | semi annually | 2020-06-08 |
2019-06-03 | ¥0.17 | semi annually | 2019-06-03 |
2018-06-21 | ¥0.16 | semi annually | 2018-06-21 |
2017-06-26 | ¥0.15 | semi annually | 2017-06-26 |
Suzhou Xingye Materials Technology Dividend per year
Suzhou Xingye Materials Technology Dividend growth
Suzhou Xingye Materials Technology Dividend Yield
Suzhou Xingye Materials Technology current trailing twelve-month (TTM) dividend yield is 1.54%. Interested in purchasing Suzhou Xingye Materials Technology stock? Use our calculator to estimate your expected dividend yield:
Suzhou Xingye Materials Technology Financial Ratios
Suzhou Xingye Materials Technology Dividend FAQ
Other factors to consider when evaluating Suzhou Xingye Materials 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: Suzhou Xingye Materials 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, Suzhou Xingye Materials 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, Suzhou Xingye Materials 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 Suzhou Xingye Materials 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: Suzhou Xingye Materials 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, Suzhou Xingye Materials 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: Suzhou Xingye Materials 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 Suzhou Xingye Materials 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 Suzhou Xingye Materials 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.