company-logo

Jiangsu Tongguang Electronic Wire & Cable Co., Ltd. produces and sells wires and cables in the People's Republic of China and internationally. The company offers fiber optic cables, power transmission cables, and equipment cables that can be used in telecommunication, mobile, radio and television, electric power, railway, other communication, and overhead transmission lines, as well as power cables for construction, urban lighting, wind power projects, transportation projects, etc. It also provides energy-saving conductors. The company was founded in 2000 and is based in Haimen, China. Jiangsu Tongguang Electronic Wire & Cable Co., Ltd. is a subsidiary of Tongguang Group Co., Ltd.

Jiangsu Tongguang Electronic Wire & Cable Dividend Announcement

Jiangsu Tongguang Electronic Wire & Cable announced a annually dividend of ¥0.08 per ordinary share which will be made payable on 2024-07-04. Ex dividend date: 2024-07-04
Jiangsu Tongguang Electronic Wire & Cable annual dividend for 2024 was ¥0.08
Jiangsu Tongguang Electronic Wire & Cable annual dividend for 2023 was ¥0.03
Jiangsu Tongguang Electronic Wire & Cable's trailing twelve-month (TTM) dividend yield is 0.95%
Jiangsu Tongguang Electronic Wire & Cable's payout ratio for the trailing twelve months (TTM) is 98.90%
Jiangsu Tongguang Electronic Wire & Cable's dividend growth over the last five years (2018-2023) was 10.76% year
Jiangsu Tongguang Electronic Wire & Cable's dividend growth over the last ten years (2013-2023) was -12.94% year

Jiangsu Tongguang Electronic Wire & Cable Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-04¥0.08annually2024-07-04
2023-05-31¥0.03annually2023-05-31
2022-06-20¥0.02annually2022-06-20
2021-06-28¥0.02annually2021-06-28
2020-06-16¥0.01annually2020-06-16
2019-06-21¥0.01annually2019-06-21
2018-07-13¥0.01annually2018-07-13
2017-06-19¥0.05annually2017-06-19
2016-07-08¥0.05annually
2015-06-02¥0.10annually
2014-06-09¥0.10annually
2013-06-21¥0.10annually

Jiangsu Tongguang Electronic Wire & Cable Dividend per year

Jiangsu Tongguang Electronic Wire & Cable Dividend growth

Jiangsu Tongguang Electronic Wire & Cable Dividend Yield

Jiangsu Tongguang Electronic Wire & Cable current trailing twelve-month (TTM) dividend yield is 0.95%. Interested in purchasing Jiangsu Tongguang Electronic Wire & Cable stock? Use our calculator to estimate your expected dividend yield:

Jiangsu Tongguang Electronic Wire & Cable Financial Ratios

P/E ratio65.55
PEG ratio1.44
P/B ratio1.71
ROE2.60%
Payout ratio98.90%
Current ratio2.21
Quick ratio1.92
Cash Ratio0.36

Jiangsu Tongguang Electronic Wire & Cable Dividend FAQ

How much is the next Jiangsu Tongguang Electronic Wire & Cable dividend?
Jiangsu Tongguang Electronic Wire & 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 Jiangsu Tongguang Electronic Wire & Cable dividend. The next Jiangsu Tongguang Electronic Wire & Cable dividend will be released in May.
When is Jiangsu Tongguang Electronic Wire & Cable dividend paid?
Jiangsu Tongguang Electronic Wire & Cable pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Tongguang Electronic Wire & Cable pay?
The specific amount of Jiangsu Tongguang Electronic Wire & 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 Jiangsu Tongguang Electronic Wire & Cable's dividend history.
Does Jiangsu Tongguang Electronic Wire & Cable stock pay dividends?
Yes, Jiangsu Tongguang Electronic Wire & 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 Jiangsu Tongguang Electronic Wire & Cable's dividend history.
How much dividend does Jiangsu Tongguang Electronic Wire & Cable pay?
Jiangsu Tongguang Electronic Wire & Cable paid ¥0.08 in 2024, ¥0.025 in 2023, ¥0.02 in 2022, ¥0.02 in 2021, and ¥0.015 in 2020.
How often does Jiangsu Tongguang Electronic Wire & Cable pay dividends?
Jiangsu Tongguang Electronic Wire & 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 May.
What is Jiangsu Tongguang Electronic Wire & Cable's dividend yield?
The current dividend yield for Jiangsu Tongguang Electronic Wire & Cable is 0.95%. 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 Tongguang Electronic Wire & Cable's exact dividend yield.
When does Jiangsu Tongguang Electronic Wire & Cable go ex dividend?
Jiangsu Tongguang Electronic Wire & Cable's ex-dividend date for the latest dividend was on 2024-07-04. Jiangsu Tongguang Electronic Wire & 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 Jiangsu Tongguang Electronic Wire & Cable dividend paid?
Jiangsu Tongguang Electronic Wire & Cable pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Jiangsu Tongguang Electronic Wire & 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 Jiangsu Tongguang Electronic Wire & 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 Jiangsu Tongguang Electronic Wire & Cable dividend per share?
Jiangsu Tongguang Electronic Wire & Cable paid ¥0.08 per share in 2024 and ¥0.025 per share in 2023. The amount of dividend per share that Jiangsu Tongguang Electronic Wire & 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 Jiangsu Tongguang Electronic Wire & 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 Jiangsu Tongguang Electronic Wire & 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 Jiangsu Tongguang Electronic Wire & Cable a dividend stock?
Yes, Jiangsu Tongguang Electronic Wire & Cable is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Jiangsu Tongguang Electronic Wire & Cable a good dividend stock?
Whether Jiangsu Tongguang Electronic Wire & 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. Jiangsu Tongguang Electronic Wire & Cable has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Jiangsu Tongguang Electronic Wire & 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 Jiangsu Tongguang Electronic Wire & Cable pay dividends monthly?
Jiangsu Tongguang Electronic Wire & Cable typically pays dividends on a annually basis.
Does Jiangsu Tongguang Electronic Wire & Cable pay dividends quarterly?
Jiangsu Tongguang Electronic Wire & Cable currently pays dividends on a annually basis.
Has Jiangsu Tongguang Electronic Wire & Cable ever paid a dividend?
Yes, Jiangsu Tongguang Electronic Wire & Cable has a history of paying dividends to its shareholders. Jiangsu Tongguang Electronic Wire & Cable is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Jiangsu Tongguang Electronic Wire & Cable dividend stocks?
To buy Jiangsu Tongguang Electronic Wire & 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 Jiangsu Tongguang Electronic Wire & 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 Jiangsu Tongguang Electronic Wire & Cable pay dividends 2024?
Jiangsu Tongguang Electronic Wire & Cable pays dividends on a annually basis. 2024 dividend payments are in 2024-07-04. 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 Tongguang Electronic Wire & Cable increase its dividend in 2024?
Decisions regarding Jiangsu Tongguang Electronic Wire & 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 Jiangsu Tongguang Electronic Wire & Cable dividend overview you can look into the above table of dividend history.
How Jiangsu Tongguang Electronic Wire & Cable dividend works?
The Jiangsu Tongguang Electronic Wire & 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 Jiangsu Tongguang Electronic Wire & Cable's dividend process works:

1. Determination of Dividend: Jiangsu Tongguang Electronic Wire & 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, Jiangsu Tongguang Electronic Wire & 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, Jiangsu Tongguang Electronic Wire & 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 Jiangsu Tongguang Electronic Wire & 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 Jiangsu Tongguang Electronic Wire & Cable dividends paid?
Jiangsu Tongguang Electronic Wire & Cable dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Jiangsu Tongguang Electronic Wire & 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, Jiangsu Tongguang Electronic Wire & 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: Jiangsu Tongguang Electronic Wire & 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 Jiangsu Tongguang Electronic Wire & Cable pay dividends?
Jiangsu Tongguang Electronic Wire & 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 Jiangsu Tongguang Electronic Wire & Cable pay dividends?
The general pattern is that Jiangsu Tongguang Electronic Wire & Cable pays dividends around May. 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 Tongguang Electronic Wire & Cable dividend safe?
The safety of Jiangsu Tongguang Electronic Wire & 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 Jiangsu Tongguang Electronic Wire & 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 Jiangsu Tongguang Electronic Wire & 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.