Nanjing Toua Hardware&Tools Co.,Ltd engages in the research, development, production, sales, and service of gas nailer and accessories in China. The company offers gas framing and concrete nailers; pneumatic tools; cordless drill, impact wrench, rotary hammer, cordless circular saw, and cordless angle grinder power tools; fuel cells; pinched and bullet drive pins; paper and plastic strip, and wire and plastic sheet coil collated nails; and cartridge and sausage caulking guns. It offers its products primarily to construction, decoration, and packing industries in Europe, Japan, Australia, the United States, and internationally. The company was founded in 2000 and is based in Nanjing, China. Nanjing Toua Hardware&Tools Co.,Ltd is a subsidiary of Toua Enterprise Group.
Nanjing Toua Hardware&Tools Dividend Announcement
• Nanjing Toua Hardware&Tools announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2024-06-19. Ex dividend date: 2024-06-19 • Nanjing Toua Hardware&Tools annual dividend for 2024 was ¥0.03 • Nanjing Toua Hardware&Tools annual dividend for 2023 was ¥1.12 • Nanjing Toua Hardware&Tools's trailing twelve-month (TTM) dividend yield is 0.28% • Nanjing Toua Hardware&Tools's payout ratio for the trailing twelve months (TTM) is -56.50%
Nanjing Toua Hardware&Tools current trailing twelve-month (TTM) dividend yield is 0.28%. Interested in purchasing Nanjing Toua Hardware&Tools stock? Use our calculator to estimate your expected dividend yield:
Nanjing Toua Hardware&Tools Financial Ratios
P/E ratio-95.75
PEG ratio13.93
P/B ratio2.54
ROE-2.73%
Payout ratio-56.50%
Current ratio1.22
Quick ratio0.80
Cash Ratio0.25
Nanjing Toua Hardware&Tools Dividend FAQ
How much is the next Nanjing Toua Hardware&Tools dividend?
Nanjing Toua Hardware&Tools's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Nanjing Toua Hardware&Tools dividend. The next Nanjing Toua Hardware&Tools dividend will be released in July.
When is Nanjing Toua Hardware&Tools dividend paid?
Nanjing Toua Hardware&Tools 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 Nanjing Toua Hardware&Tools pay?
The specific amount of Nanjing Toua Hardware&Tools 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 Nanjing Toua Hardware&Tools's dividend history.
Does Nanjing Toua Hardware&Tools stock pay dividends?
Yes, Nanjing Toua Hardware&Tools 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 Nanjing Toua Hardware&Tools's dividend history.
How much dividend does Nanjing Toua Hardware&Tools pay?
Nanjing Toua Hardware&Tools paid ¥0.03 in 2024, ¥1.12 in 2023, ¥1.1 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Nanjing Toua Hardware&Tools pay dividends?
Nanjing Toua Hardware&Tools 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 Nanjing Toua Hardware&Tools's dividend yield?
The current dividend yield for Nanjing Toua Hardware&Tools is 0.28%. 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 Nanjing Toua Hardware&Tools's exact dividend yield.
When does Nanjing Toua Hardware&Tools go ex dividend?
Nanjing Toua Hardware&Tools's ex-dividend date for the latest dividend was on 2024-06-19. Nanjing Toua Hardware&Tools 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 Nanjing Toua Hardware&Tools dividend paid?
Nanjing Toua Hardware&Tools pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Nanjing Toua Hardware&Tools 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 Nanjing Toua Hardware&Tools 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 Nanjing Toua Hardware&Tools dividend per share?
Nanjing Toua Hardware&Tools paid ¥0.03 per share in 2024 and ¥1.12 per share in 2023. The amount of dividend per share that Nanjing Toua Hardware&Tools 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 Nanjing Toua Hardware&Tools 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 Nanjing Toua Hardware&Tools 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 Nanjing Toua Hardware&Tools a dividend stock?
Yes, Nanjing Toua Hardware&Tools is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Nanjing Toua Hardware&Tools a good dividend stock?
Whether Nanjing Toua Hardware&Tools is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Nanjing Toua Hardware&Tools has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Nanjing Toua Hardware&Tools 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 Nanjing Toua Hardware&Tools pay dividends monthly?
Nanjing Toua Hardware&Tools typically pays dividends on a annually basis.
Does Nanjing Toua Hardware&Tools pay dividends quarterly?
Nanjing Toua Hardware&Tools currently pays dividends on a annually basis.
Has Nanjing Toua Hardware&Tools ever paid a dividend?
Yes, Nanjing Toua Hardware&Tools has a history of paying dividends to its shareholders. Nanjing Toua Hardware&Tools is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Nanjing Toua Hardware&Tools dividend stocks?
To buy Nanjing Toua Hardware&Tools 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 Nanjing Toua Hardware&Tools 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 Nanjing Toua Hardware&Tools pay dividends 2024?
Nanjing Toua Hardware&Tools pays dividends on a annually basis. 2024 dividend payments are in 2024-06-19. 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 Nanjing Toua Hardware&Tools increase its dividend in 2024?
Decisions regarding Nanjing Toua Hardware&Tools 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 Nanjing Toua Hardware&Tools dividend overview you can look into the above table of dividend history.
How Nanjing Toua Hardware&Tools dividend works?
The Nanjing Toua Hardware&Tools 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 Nanjing Toua Hardware&Tools's dividend process works:
1. Determination of Dividend: Nanjing Toua Hardware&Tools'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, Nanjing Toua Hardware&Tools 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, Nanjing Toua Hardware&Tools 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 Nanjing Toua Hardware&Tools 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 Nanjing Toua Hardware&Tools dividends paid?
Nanjing Toua Hardware&Tools dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Nanjing Toua Hardware&Tools 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, Nanjing Toua Hardware&Tools distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nanjing Toua Hardware&Tools 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 Nanjing Toua Hardware&Tools pay dividends?
Nanjing Toua Hardware&Tools 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 Nanjing Toua Hardware&Tools pay dividends?
The general pattern is that Nanjing Toua Hardware&Tools 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 Nanjing Toua Hardware&Tools dividend safe?
The safety of Nanjing Toua Hardware&Tools'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 Nanjing Toua Hardware&Tools'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 Nanjing Toua Hardware&Tools'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.