Guizhou Taiyong-Changzheng Technology Co., Ltd. manufactures and sells low-voltage circuit breakers in China. The company offers universal, plastic case, molded case leakage protection, and miniature circuit breakers; and medium and low voltage dual power conversion switch electrical appliances, industrial and fire pump controllers, electrical fire monitoring products, etc. It offers its products in railway, airport, hospital, highway, finance, petrochemical, power grid, telecommunication, energy, real estate construction, and other fields. The company was formerly known as Guizhou Changzheng Switch Manufacturing Co., Ltd. and changed its name to Guizhou Taiyong-Changzheng Technology Co., Ltd. in October 2015. Guizhou Taiyong-Changzheng Technology Co., Ltd. was founded in 2008 and is based in Zunyi, China. The company is a subsidiary of Shenzhen Yongtai Technology Co., Ltd.
Guizhou Taiyong-Changzheng Technology Dividend Announcement
• Guizhou Taiyong-Changzheng Technology announced a semi annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-10-16. Ex dividend date: 2024-10-16
• Guizhou Taiyong-Changzheng Technology annual dividend for 2024 was ¥0.18
• Guizhou Taiyong-Changzheng Technology annual dividend for 2023 was ¥0.12
• Guizhou Taiyong-Changzheng Technology's trailing twelve-month (TTM) dividend yield is 1.43%
• Guizhou Taiyong-Changzheng Technology's payout ratio for the trailing twelve months (TTM) is 138.55%
• Guizhou Taiyong-Changzheng Technology's dividend growth over the last five years (2018-2023) was -3.35% year
Guizhou Taiyong-Changzheng Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-16 | ¥0.05 | semi annually | 2024-10-16 |
2024-06-13 | ¥0.14 | semi annually | 2024-06-13 |
2023-06-09 | ¥0.12 | semi annually | 2023-06-09 |
2022-06-15 | ¥0.12 | semi annually | |
2021-06-04 | ¥0.12 | semi annually | 2021-06-04 |
2020-06-04 | ¥0.17 | semi annually | 2020-06-04 |
2019-06-19 | ¥0.07 | semi annually | 2019-06-19 |
2018-06-13 | ¥0.14 | semi annually | 2018-06-13 |
Guizhou Taiyong-Changzheng Technology Dividend per year
Guizhou Taiyong-Changzheng Technology Dividend growth
Guizhou Taiyong-Changzheng Technology Dividend Yield
Guizhou Taiyong-Changzheng Technology current trailing twelve-month (TTM) dividend yield is 1.43%. Interested in purchasing Guizhou Taiyong-Changzheng Technology stock? Use our calculator to estimate your expected dividend yield:
Guizhou Taiyong-Changzheng Technology Financial Ratios
Guizhou Taiyong-Changzheng Technology Dividend FAQ
Other factors to consider when evaluating Guizhou Taiyong-Changzheng Technology 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: Guizhou Taiyong-Changzheng Technology'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, Guizhou Taiyong-Changzheng Technology 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, Guizhou Taiyong-Changzheng Technology 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 Guizhou Taiyong-Changzheng Technology 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: Guizhou Taiyong-Changzheng Technology 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, Guizhou Taiyong-Changzheng Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Guizhou Taiyong-Changzheng Technology 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 Guizhou Taiyong-Changzheng Technology'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 Guizhou Taiyong-Changzheng Technology'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.