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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 dateDividend amountDividend typePay date
2024-07-17¥0.10annually2024-07-17
2022-06-01¥0.10annually2022-06-01
2021-05-19¥0.15annually2021-05-19

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

P/E ratio24.58
PEG ratio-1.81
P/B ratio1.36
ROE5.57%
Payout ratio6.62%
Current ratio1.94
Quick ratio1.49
Cash Ratio0.12

Guangdong Tengen Industrial Dividend FAQ

Does Guangdong Tengen Industrial stock pay dividends?
Guangdong Tengen Industrial does not currently pay dividends to its shareholders.
Has Guangdong Tengen Industrial ever paid a dividend?
No, Guangdong Tengen Industrial has no a history of paying dividends to its shareholders. Guangdong Tengen Industrial is not known for its dividend payments.
Why doesn't Guangdong Tengen Industrial pay dividends?
There are several potential reasons why Guangdong Tengen Industrial would choose not to pay dividends to their shareholders:

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.
Will Guangdong Tengen Industrial ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Guangdong Tengen Industrial has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Guangdong Tengen Industrial a dividend aristocrat?
Guangdong Tengen Industrial is not considered a Dividend Aristocrat. 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 Guangdong Tengen Industrial a dividend king?
Guangdong Tengen Industrial is not classified as a "Dividend King". 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 Guangdong Tengen Industrial a dividend stock?
No, Guangdong Tengen Industrial is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Guangdong Tengen Industrial stocks?
To buy Guangdong Tengen Industrial 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Guangdong Tengen Industrial 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.