Wuxi Sunlit Science and Technology Company Limited engages in the research and development, design, manufacture, equipment supply, installation, testing, repair, and maintenance of production lines for manufacturing steel wire products in the People's Republic of China. Its products include brass electroplating wire production lines, bead wire production lines, pre-treatment production lines, inter-medium heat treatment production lines, hot dip and electro galvanizing production lines, gas furnace and water quenching bath products, lead batah for heat treatment, diffusion induction heating systems, take-up and pay-off equipment, and acid mist scrubbers, as well as wire bunching, wire drawing, wrapping, and die repair machines. The company is also involved in the trading of machinery products; and software development and software patent rights trading activities. Its products are used in various industries, including radial tire steel cords, bead wires, cutting wires, hose wires, precision wire ropes, and other steel wire products. The company was incorporated in 2006 and is headquartered in Wuxi, the People's Republic of China.
Wuxi Sunlit Science and Technology Dividend Announcement
• Wuxi Sunlit Science and Technology announced a annually dividend of HK$0.09 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-06-28
• Wuxi Sunlit Science and Technology annual dividend for 2024 was HK$0.09
• Wuxi Sunlit Science and Technology annual dividend for 2023 was HK$0.09
• Wuxi Sunlit Science and Technology's trailing twelve-month (TTM) dividend yield is 7.25%
• Wuxi Sunlit Science and Technology's payout ratio for the trailing twelve months (TTM) is 19.33%
Wuxi Sunlit Science and Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | HK$0.09 | annually | 2024-07-19 |
2023-06-21 | HK$0.09 | annually | 2023-07-17 |
2021-06-22 | HK$0.06 | annually | 2021-07-16 |
2019-06-14 | HK$0.06 | annually | 2019-07-18 |
2018-06-12 | HK$0.06 | annually | 2018-07-16 |
2017-06-13 | HK$0.06 | annually | 2017-07-18 |
2015-06-23 | HK$0.19 | annually | 2015-07-28 |
Wuxi Sunlit Science and Technology Dividend per year
Wuxi Sunlit Science and Technology Dividend growth
Wuxi Sunlit Science and Technology Dividend Yield
Wuxi Sunlit Science and Technology current trailing twelve-month (TTM) dividend yield is 7.25%. Interested in purchasing Wuxi Sunlit Science and Technology stock? Use our calculator to estimate your expected dividend yield:
Wuxi Sunlit Science and Technology Financial Ratios
Wuxi Sunlit Science and Technology Dividend FAQ
Other factors to consider when evaluating Wuxi Sunlit Science and 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: Wuxi Sunlit Science and 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, Wuxi Sunlit Science and 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, Wuxi Sunlit Science and 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 Wuxi Sunlit Science and 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: Wuxi Sunlit Science and 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, Wuxi Sunlit Science and 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: Wuxi Sunlit Science and 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 Wuxi Sunlit Science and 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 Wuxi Sunlit Science and 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.