Chengdu Tangyuan Electric Co.,Ltd. operates as a rail transit operation and maintenance solution provider in China. It offers traction power supply detection and monitoring system, public engineering detection and monitoring system, vehicle engineering detection and monitoring system, and intelligent operation and maintenance information management system solutions. The company's solutions are used in traction power supply, public engineering, and vehicle engineering of national railways and urban rail transit lines. Chengdu Tangyuan Electric Co.,Ltd. was founded in 2010 and is based in Chengdu, China.
Chengdu Tangyuan Electric Dividend Announcement
• Chengdu Tangyuan Electric announced a annually dividend of ¥0.29 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06 • Chengdu Tangyuan Electric annual dividend for 2024 was ¥0.29 • Chengdu Tangyuan Electric annual dividend for 2023 was ¥0.42 • Chengdu Tangyuan Electric's trailing twelve-month (TTM) dividend yield is 1.81% • Chengdu Tangyuan Electric's payout ratio for the trailing twelve months (TTM) is 28.39%
Chengdu Tangyuan Electric current trailing twelve-month (TTM) dividend yield is 1.81%. Interested in purchasing Chengdu Tangyuan Electric stock? Use our calculator to estimate your expected dividend yield:
Chengdu Tangyuan Electric Financial Ratios
P/E ratio20.39
PEG ratio0.95
P/B ratio2.29
ROE11.43%
Payout ratio28.39%
Current ratio2.49
Quick ratio2.03
Cash Ratio0.47
Chengdu Tangyuan Electric Dividend FAQ
How much is the next Chengdu Tangyuan Electric dividend?
Chengdu Tangyuan Electric's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Chengdu Tangyuan Electric dividend. The next Chengdu Tangyuan Electric dividend will be released in June.
When is Chengdu Tangyuan Electric dividend paid?
Chengdu Tangyuan Electric pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Chengdu Tangyuan Electric pay?
The specific amount of Chengdu Tangyuan Electric dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Chengdu Tangyuan Electric's dividend history.
Does Chengdu Tangyuan Electric stock pay dividends?
Yes, Chengdu Tangyuan Electric does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Chengdu Tangyuan Electric's dividend history.
How much dividend does Chengdu Tangyuan Electric pay?
Chengdu Tangyuan Electric paid ¥0.292 in 2024, ¥0.422 in 2023, ¥0.239 in 2022, ¥0.28 in 2021, and ¥0.363 in 2020.
How often does Chengdu Tangyuan Electric pay dividends?
Chengdu Tangyuan Electric typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Chengdu Tangyuan Electric's dividend yield?
The current dividend yield for Chengdu Tangyuan Electric is 1.81%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Chengdu Tangyuan Electric's exact dividend yield.
When does Chengdu Tangyuan Electric go ex dividend?
Chengdu Tangyuan Electric's ex-dividend date for the latest dividend was on 2024-06-06. Chengdu Tangyuan Electric typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Chengdu Tangyuan Electric dividend paid?
Chengdu Tangyuan Electric pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Chengdu Tangyuan Electric increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Chengdu Tangyuan Electric will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Chengdu Tangyuan Electric dividend per share?
Chengdu Tangyuan Electric paid ¥0.292 per share in 2024 and ¥0.422 per share in 2023. The amount of dividend per share that Chengdu Tangyuan Electric pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Chengdu Tangyuan Electric a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Chengdu Tangyuan Electric a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Chengdu Tangyuan Electric a dividend stock?
Yes, Chengdu Tangyuan Electric is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Chengdu Tangyuan Electric a good dividend stock?
Whether Chengdu Tangyuan Electric is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Chengdu Tangyuan Electric has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Chengdu Tangyuan Electric 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.
Does Chengdu Tangyuan Electric pay dividends monthly?
Chengdu Tangyuan Electric typically pays dividends on a annually basis.
Does Chengdu Tangyuan Electric pay dividends quarterly?
Chengdu Tangyuan Electric currently pays dividends on a annually basis.
Has Chengdu Tangyuan Electric ever paid a dividend?
Yes, Chengdu Tangyuan Electric has a history of paying dividends to its shareholders. Chengdu Tangyuan Electric is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Chengdu Tangyuan Electric dividend stocks?
To buy Chengdu Tangyuan Electric you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Chengdu Tangyuan Electric stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Chengdu Tangyuan Electric pay dividends 2024?
Chengdu Tangyuan Electric pays dividends on a annually basis. 2024 dividend payments are in 2024-06-06. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Chengdu Tangyuan Electric increase its dividend in 2024?
Decisions regarding Chengdu Tangyuan Electric dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Chengdu Tangyuan Electric dividend overview you can look into the above table of dividend history.
How Chengdu Tangyuan Electric dividend works?
The Chengdu Tangyuan Electric dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Chengdu Tangyuan Electric's dividend process works:
1. Determination of Dividend: Chengdu Tangyuan Electric'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, Chengdu Tangyuan Electric 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, Chengdu Tangyuan Electric 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 Chengdu Tangyuan Electric 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.
How are Chengdu Tangyuan Electric dividends paid?
Chengdu Tangyuan Electric dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Chengdu Tangyuan Electric 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, Chengdu Tangyuan Electric distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Chengdu Tangyuan Electric 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.
How many times does Chengdu Tangyuan Electric pay dividends?
Chengdu Tangyuan Electric typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Chengdu Tangyuan Electric pay dividends?
The general pattern is that Chengdu Tangyuan Electric pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Chengdu Tangyuan Electric dividend safe?
The safety of Chengdu Tangyuan Electric's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Chengdu Tangyuan Electric'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 Chengdu Tangyuan Electric'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.