Changzhou Tenglong AutoPartsCo.,Ltd. researches, develops, manufactures, and sells auto parts in China. The company offers air-conditioning pipe lines, such as compressor suction, IHX, compressor exhaust, expansion valve inlet and outlet, and condenser connecting pipe assemblies; auto heat exchange connecting tubes, including heater and oil cooling inlet and outlet pipes, and evaporator inlet pipes; and auto heat exchange accessories comprising filling valves, connectors, covers, flanges, and brackets. It also provides receiving driers; auto sensors consisting of diesel engine exhaust temperature, water temperature, and sunlight sensors; EGR cooling parts; auto precision aluminum tubes, such as intercooler, afflux, and flat tubes, as well as KOMO pipes; and reservoir package in master cylinder for automobile brake systems. The company also exports its products to North America, South America, Europe, Japan, and South Asia regions. Changzhou Tenglong AutoPartsCo.,Ltd. was founded in 1997 and is based in Changzhou, China.
Changzhou Tenglong AutoParts Dividend Announcement
• Changzhou Tenglong AutoParts announced a annually dividend of ¥0.16 per ordinary share which will be made payable on 2024-07-04. Ex dividend date: 2024-07-04
• Changzhou Tenglong AutoParts annual dividend for 2024 was ¥0.16
• Changzhou Tenglong AutoParts annual dividend for 2023 was ¥0.08
• Changzhou Tenglong AutoParts's trailing twelve-month (TTM) dividend yield is 2.01%
• Changzhou Tenglong AutoParts's payout ratio for the trailing twelve months (TTM) is 47.53%
• Changzhou Tenglong AutoParts's dividend growth over the last five years (2018-2023) was -27.88% year
Changzhou Tenglong AutoParts Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-04 | ¥0.16 | annually | 2024-07-04 |
2023-06-06 | ¥0.08 | annually | 2023-06-06 |
2022-06-21 | ¥0.10 | annually | 2022-06-21 |
2021-06-22 | ¥0.15 | annually | 2021-06-22 |
2020-06-19 | ¥0.12 | annually | 2020-06-19 |
2019-06-12 | ¥0.14 | annually | 2019-06-12 |
2018-09-26 | ¥0.23 | annually | 2018-09-26 |
2018-06-20 | ¥0.18 | annually | 2018-06-20 |
2017-05-04 | ¥0.15 | annually | 2017-05-04 |
2016-06-01 | ¥0.25 | annually |
Changzhou Tenglong AutoParts Dividend per year
Changzhou Tenglong AutoParts Dividend growth
Changzhou Tenglong AutoParts Dividend Yield
Changzhou Tenglong AutoParts current trailing twelve-month (TTM) dividend yield is 2.01%. Interested in purchasing Changzhou Tenglong AutoParts stock? Use our calculator to estimate your expected dividend yield:
Changzhou Tenglong AutoParts Financial Ratios
Changzhou Tenglong AutoParts Dividend FAQ
Other factors to consider when evaluating Changzhou Tenglong AutoParts 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: Changzhou Tenglong AutoParts'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, Changzhou Tenglong AutoParts 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, Changzhou Tenglong AutoParts 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 Changzhou Tenglong AutoParts 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: Changzhou Tenglong AutoParts 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, Changzhou Tenglong AutoParts distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Changzhou Tenglong AutoParts 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 Changzhou Tenglong AutoParts'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 Changzhou Tenglong AutoParts'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.