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Henan Tong-Da Cable Co., Ltd. researches and develops, and produces wires and cables in China. The company offers ground wires, cloth wires, and contact wires for electrified railway; and power, overhead insulated, fireproof, load-bearing, and control cables, as well as DC cables for rail transit. It also home improvement products; steel core aluminum strand and alloy; steel core heat-resistant; expanded diameter; aluminum clad steel strand and core; aluminum alloy stranded and core; carbon fiber composite; and steel core soft aluminum strand wires. It also exports its products to 80 countries. Henan Tong-Da Cable Co., Ltd. was founded in 1987 and is based in Yanshi, China.

Henan Tong-Da Cable Dividend Announcement

Henan Tong-Da Cable announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-10-22. Ex dividend date: 2024-10-22
Henan Tong-Da Cable annual dividend for 2024 was ¥0.10
Henan Tong-Da Cable's trailing twelve-month (TTM) dividend yield is 1.46%
Henan Tong-Da Cable's payout ratio for the trailing twelve months (TTM) is 107.95%

Henan Tong-Da Cable Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-22¥0.10annually2024-10-22
2020-08-21¥0.10annually2020-08-21
2019-08-27¥0.10annually2019-08-27
2018-05-25¥0.02annually2018-05-25
2017-07-13¥0.05annually2017-07-13
2015-06-12¥0.15annually
2014-07-15¥0.20annually
2013-06-07¥0.20annually
2012-05-31¥0.15annually

Henan Tong-Da Cable Dividend per year

Henan Tong-Da Cable Dividend growth

Henan Tong-Da Cable Dividend Yield

Henan Tong-Da Cable current trailing twelve-month (TTM) dividend yield is 1.46%. Interested in purchasing Henan Tong-Da Cable stock? Use our calculator to estimate your expected dividend yield:

Henan Tong-Da Cable Financial Ratios

P/E ratio82.12
PEG ratio2.90
P/B ratio1.39
ROE1.72%
Payout ratio107.95%
Current ratio1.89
Quick ratio1.54
Cash Ratio0.35

Henan Tong-Da Cable Dividend FAQ

How much is the next Henan Tong-Da Cable dividend?
Henan Tong-Da Cable's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Henan Tong-Da Cable dividend. The next Henan Tong-Da Cable dividend will be released in .
When is Henan Tong-Da Cable dividend paid?
Henan Tong-Da Cable pays dividends on a annually basis. The specific dates may vary each year but are generally around . 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 Henan Tong-Da Cable pay?
The specific amount of Henan Tong-Da Cable 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 Henan Tong-Da Cable's dividend history.
Does Henan Tong-Da Cable stock pay dividends?
Yes, Henan Tong-Da Cable 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 Henan Tong-Da Cable's dividend history.
How much dividend does Henan Tong-Da Cable pay?
Henan Tong-Da Cable paid ¥0.1 in 2024, ¥0.0 in 2023, ¥0.0 in 2022, ¥0.0 in 2021, and ¥0.1 in 2020.
How often does Henan Tong-Da Cable pay dividends?
Henan Tong-Da Cable 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 .
What is Henan Tong-Da Cable's dividend yield?
The current dividend yield for Henan Tong-Da Cable is 1.46%. 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 Henan Tong-Da Cable's exact dividend yield.
When does Henan Tong-Da Cable go ex dividend?
Henan Tong-Da Cable's ex-dividend date for the latest dividend was on 2024-10-22. Henan Tong-Da Cable 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 Henan Tong-Da Cable dividend paid?
Henan Tong-Da Cable pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Henan Tong-Da Cable 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 Henan Tong-Da Cable 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 Henan Tong-Da Cable dividend per share?
Henan Tong-Da Cable paid ¥0.1 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Henan Tong-Da Cable 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 Henan Tong-Da Cable 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 Henan Tong-Da Cable 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 Henan Tong-Da Cable a dividend stock?
Yes, Henan Tong-Da Cable is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Henan Tong-Da Cable a good dividend stock?
Whether Henan Tong-Da Cable is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Henan Tong-Da Cable has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Henan Tong-Da Cable 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 Henan Tong-Da Cable pay dividends monthly?
Henan Tong-Da Cable typically pays dividends on a annually basis.
Does Henan Tong-Da Cable pay dividends quarterly?
Henan Tong-Da Cable currently pays dividends on a annually basis.
Has Henan Tong-Da Cable ever paid a dividend?
Yes, Henan Tong-Da Cable has a history of paying dividends to its shareholders. Henan Tong-Da Cable is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Henan Tong-Da Cable dividend stocks?
To buy Henan Tong-Da Cable 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 Henan Tong-Da Cable 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 Henan Tong-Da Cable pay dividends 2024?
Henan Tong-Da Cable pays dividends on a annually basis. 2024 dividend payments are in 2024-10-22. 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 Henan Tong-Da Cable increase its dividend in 2024?
Decisions regarding Henan Tong-Da Cable 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 Henan Tong-Da Cable dividend overview you can look into the above table of dividend history.
How Henan Tong-Da Cable dividend works?
The Henan Tong-Da Cable 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 Henan Tong-Da Cable's dividend process works:

1. Determination of Dividend: Henan Tong-Da Cable'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, Henan Tong-Da Cable 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, Henan Tong-Da Cable 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 Henan Tong-Da Cable 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 Henan Tong-Da Cable dividends paid?
Henan Tong-Da Cable dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Henan Tong-Da Cable 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, Henan Tong-Da Cable distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Henan Tong-Da Cable 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 Henan Tong-Da Cable pay dividends?
Henan Tong-Da Cable 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 Henan Tong-Da Cable pay dividends?
The general pattern is that Henan Tong-Da Cable pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Henan Tong-Da Cable dividend safe?
The safety of Henan Tong-Da Cable'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 Henan Tong-Da Cable'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 Henan Tong-Da Cable'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.