Xiamen Sunrise Group Co., Ltd. engages in the research and development, fabrication, and distribution of steel wheels in the People's Republic of China. The company offers section steel light truck steel rings; steel rims for trucks and buses; tubeless and spokeless steel rims; tubeless light truck steel and buses rims; tubeless truck buses forged aluminum rings; car forged aluminum rings; and ST trailer steel rims. It also exports its products to approximately 100 countries Europe, America, Central and South America, Southeast Asia and Australia, the Middle East, and Africa. The company was formerly known as Xiamen Sunrise Wheel Group Co. Ltd. and changed its name to Xiamen Sunrise Group Co., Ltd. in June 2015. Xiamen Sunrise Group Co., Ltd. was founded in 1995 and is based in Xiamen, China.
Xiamen Sunrise Dividend Announcement
• Xiamen Sunrise announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-05-28. Ex dividend date: 2024-05-28
• Xiamen Sunrise annual dividend for 2024 was ¥0.05
• Xiamen Sunrise's trailing twelve-month (TTM) dividend yield is 1.58%
• Xiamen Sunrise's payout ratio for the trailing twelve months (TTM) is 218.12%
Xiamen Sunrise Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-28 | ¥0.05 | annually | 2024-05-28 |
2022-06-24 | ¥0.05 | annually | 2022-06-24 |
2021-05-18 | ¥0.05 | annually | 2021-05-18 |
2020-06-22 | ¥0.05 | annually | 2020-06-22 |
2019-05-24 | ¥0.05 | annually | 2019-05-24 |
2018-07-03 | ¥0.05 | annually | 2018-07-03 |
2017-07-03 | ¥0.05 | annually | 2017-07-03 |
2016-05-17 | ¥0.10 | annually | |
2015-04-14 | ¥0.06 | annually | |
2014-07-18 | ¥0.06 | annually | |
2013-06-03 | ¥0.12 | annually | |
2012-06-18 | ¥0.15 | annually |
Xiamen Sunrise Dividend per year
Xiamen Sunrise Dividend growth
Xiamen Sunrise Dividend Yield
Xiamen Sunrise current trailing twelve-month (TTM) dividend yield is 1.58%. Interested in purchasing Xiamen Sunrise stock? Use our calculator to estimate your expected dividend yield:
Xiamen Sunrise Financial Ratios
Xiamen Sunrise Dividend FAQ
Other factors to consider when evaluating Xiamen Sunrise 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: Xiamen Sunrise'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, Xiamen Sunrise 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, Xiamen Sunrise 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 Xiamen Sunrise 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: Xiamen Sunrise 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, Xiamen Sunrise distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Xiamen Sunrise 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 Xiamen Sunrise'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 Xiamen Sunrise'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.