SY Holdings Group Limited, an investment holding company, provides supply chain technology and digital financing solutions for companies in the Asia-Pacific. The company operates through Platform-Based Services, Digital Financing Solutions, Supply Chain Technology Services, and Sales of Supply Chain Assets Services segments. It offers a technology platform that provides a range of flexible supply chain financing solutions, including accounts receivable-based lending and loan guarantee services; and SY Cloud Platform, a proprietary fintech platform, which offers electronic signatures, optical character recognition, natural language processing, big data analytics, video authentication, and facial recognition to automate and facilitate the risk management system. In addition, the company provides accounts receivable management and asset origination services; issuance of asset-backed financial products, such as asset-backed securities and notes; supply chain technology solutions, such as smart enterprise solutions and supply chain procurement systems; and smart industrial Internet-of-Things, Software-as-a-Service solutions to enterprises, and smart construction solutions. Further, it sells supply chain assets to various financial institutions, including asset managers and trust companies; and offers supply chain finance management, supply chain, management, and IT services. The company was formerly known as Sheng Ye Capital Limited and changed its name to SY Holdings Group Limited in December 2021. SY Holdings Group Limited was founded in 2013 and is headquartered in Shenzhen, the People's Republic of China. SY Holdings Group Limited is a subsidiary of Wisdom Cosmos Limited.
SY Dividend Announcement
• SY announced a annually dividend of HK$0.27 per ordinary share which will be made payable on 2024-06-17. Ex dividend date: 2024-05-24
• SY annual dividend for 2024 was HK$0.27
• SY annual dividend for 2023 was HK$0.07
• SY's trailing twelve-month (TTM) dividend yield is 4.02%
• SY's payout ratio for the trailing twelve months (TTM) is 123.45%
SY Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-24 | HK$0.27 | annually | 2024-06-17 |
2023-06-28 | HK$0.07 | annually | 2023-07-14 |
2022-07-04 | HK$0.07 | annually | 2022-07-29 |
2021-06-04 | HK$0.06 | annually | 2021-06-30 |
2020-06-04 | HK$0.05 | annually | 2020-06-30 |
2019-05-10 | HK$0.04 | annually | 2019-05-31 |
SY Dividend per year
SY Dividend growth
SY Dividend Yield
SY current trailing twelve-month (TTM) dividend yield is 4.02%. Interested in purchasing SY stock? Use our calculator to estimate your expected dividend yield:
SY Financial Ratios
SY Dividend FAQ
Other factors to consider when evaluating SY 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: SY'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, SY 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, SY 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 SY 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: SY 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, SY distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SY 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 SY'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 SY'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.