Anhui Tuoshan Heavy Industry Co., Ltd. engages in the research design, production, sale, and service of construction machinery parts and accessories. It offers forging track and pin series, forging bucket tooth series, forging gear seat series, gear block series, and track rollers; steering clutch and brake assembly products; tensioning devices; sleeve and shaft series, wheel and hydraulic series; and transmission parts. The company was founded in 1989 and is based in Xuancheng, China.
Anhui Tuoshan Heavy Industry Dividend Announcement
• Anhui Tuoshan Heavy Industry announced a annually dividend of ¥0.40 per ordinary share which will be made payable on 2023-11-30. Ex dividend date: 2023-11-30
• Anhui Tuoshan Heavy Industry annual dividend for 2023 was ¥0.40
• Anhui Tuoshan Heavy Industry's trailing twelve-month (TTM) dividend yield is 1.65%
• Anhui Tuoshan Heavy Industry's payout ratio for the trailing twelve months (TTM) is 491.28%
Anhui Tuoshan Heavy Industry Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-11-30 | ¥0.40 | annually | 2023-11-30 |
2022-10-18 | ¥0.54 | annually | 2022-10-18 |
Anhui Tuoshan Heavy Industry Dividend per year
Anhui Tuoshan Heavy Industry Dividend Yield
Anhui Tuoshan Heavy Industry current trailing twelve-month (TTM) dividend yield is 1.65%. Interested in purchasing Anhui Tuoshan Heavy Industry stock? Use our calculator to estimate your expected dividend yield:
Anhui Tuoshan Heavy Industry Financial Ratios
Anhui Tuoshan Heavy Industry Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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