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Jiangsu Tongda Power Technology Co.,Ltd. manufactures and sells stators and rotors, and laminations for motors and generators primarily in China. The company offers stators and rotors for wind power generators; HV and LV, and other special-sized motors; generator products; laminations and cores; and electromotor lamination stator dies, precise compound dies, single punching dies, aluminum rotor die-casting molds, and machine parts and components of precision dies and automatic lines. Jiangsu Tongda Power Technology Co.,Ltd. is based in Tongzhou, China.

Jiangsu Tongda Power Technology Dividend Announcement

Jiangsu Tongda Power Technology announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2024-06-13. Ex dividend date: 2024-06-13
Jiangsu Tongda Power Technology annual dividend for 2024 was ¥0.06
Jiangsu Tongda Power Technology annual dividend for 2023 was ¥0.04
Jiangsu Tongda Power Technology's trailing twelve-month (TTM) dividend yield is 0.42%
Jiangsu Tongda Power Technology's payout ratio for the trailing twelve months (TTM) is 32.43%
Jiangsu Tongda Power Technology's dividend growth over the last five years (2018-2023) was 30.60% year

Jiangsu Tongda Power Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-13¥0.06annually2024-06-13
2023-07-07¥0.04annually2023-07-07
2022-07-08¥0.08annually2022-07-08
2021-06-25¥0.10annually2021-06-25
2020-07-16¥0.05annually2020-07-16
2019-06-20¥0.05annually2019-06-20
2018-05-30¥0.01annually2018-05-30
2017-06-13¥0.01annually2017-06-13
2016-06-21¥0.03annually
2014-05-30¥0.03annually
2013-05-17¥0.03annually
2012-05-15¥0.20annually

Jiangsu Tongda Power Technology Dividend per year

Jiangsu Tongda Power Technology Dividend growth

Jiangsu Tongda Power Technology Dividend Yield

Jiangsu Tongda Power Technology current trailing twelve-month (TTM) dividend yield is 0.42%. Interested in purchasing Jiangsu Tongda Power Technology stock? Use our calculator to estimate your expected dividend yield:

Jiangsu Tongda Power Technology Financial Ratios

P/E ratio37.44
PEG ratio-2.38
P/B ratio1.78
ROE4.82%
Payout ratio32.43%
Current ratio2.18
Quick ratio1.68
Cash Ratio0.52

Jiangsu Tongda Power Technology Dividend FAQ

How much is the next Jiangsu Tongda Power Technology dividend?
Jiangsu Tongda Power Technology's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Jiangsu Tongda Power Technology dividend. The next Jiangsu Tongda Power Technology dividend will be released in July.
When is Jiangsu Tongda Power Technology dividend paid?
Jiangsu Tongda Power Technology pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Jiangsu Tongda Power Technology pay?
The specific amount of Jiangsu Tongda Power Technology 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 Jiangsu Tongda Power Technology's dividend history.
Does Jiangsu Tongda Power Technology stock pay dividends?
Yes, Jiangsu Tongda Power Technology 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 Jiangsu Tongda Power Technology's dividend history.
How much dividend does Jiangsu Tongda Power Technology pay?
Jiangsu Tongda Power Technology paid ¥0.055 in 2024, ¥0.038 in 2023, ¥0.08 in 2022, ¥0.1 in 2021, and ¥0.05 in 2020.
How often does Jiangsu Tongda Power Technology pay dividends?
Jiangsu Tongda Power Technology 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 July.
What is Jiangsu Tongda Power Technology's dividend yield?
The current dividend yield for Jiangsu Tongda Power Technology is 0.42%. 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 Jiangsu Tongda Power Technology's exact dividend yield.
When does Jiangsu Tongda Power Technology go ex dividend?
Jiangsu Tongda Power Technology's ex-dividend date for the latest dividend was on 2024-06-13. Jiangsu Tongda Power Technology 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 Jiangsu Tongda Power Technology dividend paid?
Jiangsu Tongda Power Technology pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Jiangsu Tongda Power Technology 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 Jiangsu Tongda Power Technology 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 Jiangsu Tongda Power Technology dividend per share?
Jiangsu Tongda Power Technology paid ¥0.055 per share in 2024 and ¥0.038 per share in 2023. The amount of dividend per share that Jiangsu Tongda Power Technology 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 Jiangsu Tongda Power Technology 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 Jiangsu Tongda Power Technology 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 Jiangsu Tongda Power Technology a dividend stock?
Yes, Jiangsu Tongda Power Technology is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Jiangsu Tongda Power Technology a good dividend stock?
Whether Jiangsu Tongda Power Technology is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Jiangsu Tongda Power Technology has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Jiangsu Tongda Power 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.
Does Jiangsu Tongda Power Technology pay dividends monthly?
Jiangsu Tongda Power Technology typically pays dividends on a annually basis.
Does Jiangsu Tongda Power Technology pay dividends quarterly?
Jiangsu Tongda Power Technology currently pays dividends on a annually basis.
Has Jiangsu Tongda Power Technology ever paid a dividend?
Yes, Jiangsu Tongda Power Technology has a history of paying dividends to its shareholders. Jiangsu Tongda Power Technology is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Jiangsu Tongda Power Technology dividend stocks?
To buy Jiangsu Tongda Power Technology 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 Jiangsu Tongda Power Technology 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 Jiangsu Tongda Power Technology pay dividends 2024?
Jiangsu Tongda Power Technology pays dividends on a annually basis. 2024 dividend payments are in 2024-06-13. 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 Jiangsu Tongda Power Technology increase its dividend in 2024?
Decisions regarding Jiangsu Tongda Power Technology 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 Jiangsu Tongda Power Technology dividend overview you can look into the above table of dividend history.
How Jiangsu Tongda Power Technology dividend works?
The Jiangsu Tongda Power Technology 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 Jiangsu Tongda Power Technology's dividend process works:

1. Determination of Dividend: Jiangsu Tongda Power 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, Jiangsu Tongda Power 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, Jiangsu Tongda Power 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 Jiangsu Tongda Power 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.
How are Jiangsu Tongda Power Technology dividends paid?
Jiangsu Tongda Power Technology dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Jiangsu Tongda Power 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, Jiangsu Tongda Power 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: Jiangsu Tongda Power 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.
How many times does Jiangsu Tongda Power Technology pay dividends?
Jiangsu Tongda Power Technology 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 Jiangsu Tongda Power Technology pay dividends?
The general pattern is that Jiangsu Tongda Power Technology pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Jiangsu Tongda Power Technology dividend safe?
The safety of Jiangsu Tongda Power Technology'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 Jiangsu Tongda Power 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 Jiangsu Tongda Power 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.