Guangdong Tengen Industrial Group Co.,Ltd. manufactures and sells packaging supplies and logistic equipment in China. The company offers poly mailers, cardboard envelopes, security bags, label stickers, packing list envelopes, bubble mailers, security seals, packaging tapes, and waybills. It serves express, e-commerce, post, finance, and telecommunication industries. The company was formerly known as Guangdong Tengen Printing Co., Ltd. and changed its name to Guangdong Tengen Industrial Group Co.,Ltd. in November 2015. Guangdong Tengen Industrial Group Co.,Ltd. was founded in 2010 and is based in Dongguan, China.
Guangdong Tengen Industrial Dividend Announcement
• Guangdong Tengen Industrial announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-07-17. Ex dividend date: 2024-07-17
• Guangdong Tengen Industrial annual dividend for 2024 was ¥0.10
• Guangdong Tengen Industrial's trailing twelve-month (TTM) dividend yield is 1.01%
• Guangdong Tengen Industrial's payout ratio for the trailing twelve months (TTM) is 6.62%
Guangdong Tengen Industrial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-17 | ¥0.10 | annually | 2024-07-17 |
2022-06-01 | ¥0.10 | annually | 2022-06-01 |
2021-05-19 | ¥0.15 | annually | 2021-05-19 |
Guangdong Tengen Industrial Dividend per year
Guangdong Tengen Industrial Dividend Yield
Guangdong Tengen Industrial current trailing twelve-month (TTM) dividend yield is 1.01%. Interested in purchasing Guangdong Tengen Industrial stock? Use our calculator to estimate your expected dividend yield:
Guangdong Tengen Industrial Financial Ratios
Guangdong Tengen Industrial 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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