UniTTEC Co.,Ltd provides integrated solutions in the areas of rail transit, and energy saving and environmental protection in China. The company offers signaling systems, including CBTC, DTO/UTO, tram, monorail/sky rail, and suburban railway signaling system solutions for urban rail transit; and computer-based interlocking and inter-city high speed train automatic operation systems for mail line railways, as well as intelligent control and dispatching optimization systems for heavy haul trains. It also provides automatic fare collection systems (AFC) and AFC system equipment; and rail transit intellectualization systems, such as CRH carriage video monitoring systems, train bogie monitoring systems, axial temperature sensors, and online monitoring and early warning systems. In addition, the company offers heavy metal pollution prevention, control, and treatment; dyeing wastewater treatment; advanced treatment; zero liquid discharge and reuse; petrochemical field; and comprehensive treatment of regional environment systems for water treatment. Further, it provides smart lighting solutions; and manufactures semiconductor materials comprising monocrystalline silicon material. The company was formerly known as United Science and Technology Co., Ltd. and changed its name to UniTTEC Co.,Ltd in March 2017. UniTTEC Co.,Ltd was founded in 1999 and is based in Hangzhou, China.
UniTTEC Dividend Announcement
• UniTTEC announced a annually dividend of ¥0.01 per ordinary share which will be made payable on 2024-10-14. Ex dividend date: 2024-10-14
• UniTTEC annual dividend for 2024 was ¥0.01
• UniTTEC's trailing twelve-month (TTM) dividend yield is 0.21%
• UniTTEC's payout ratio for the trailing twelve months (TTM) is -3774.92%
UniTTEC Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-14 | ¥0.01 | annually | 2024-10-14 |
2022-06-23 | ¥0.05 | annually | 2022-06-23 |
2010-05-04 | ¥0.09 | annually | |
2002-06-19 | ¥0.18 | annually | |
2001-05-22 | ¥0.18 | annually | |
2000-05-26 | ¥0.10 | annually |
UniTTEC Dividend per year
UniTTEC Dividend growth
UniTTEC Dividend Yield
UniTTEC current trailing twelve-month (TTM) dividend yield is 0.21%. Interested in purchasing UniTTEC stock? Use our calculator to estimate your expected dividend yield:
UniTTEC Financial Ratios
UniTTEC Dividend FAQ
Other factors to consider when evaluating UniTTEC 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: UniTTEC'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, UniTTEC 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, UniTTEC 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 UniTTEC 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: UniTTEC 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, UniTTEC distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: UniTTEC 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 UniTTEC'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 UniTTEC'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.