Ningbo Tuopu Group Co.,Ltd. engages in the manufacture and sale of automobile parts in China and internationally. It offers vibration control products, including powertrain mounting systems, chassis bushings, rubber metal parts, torsional vibrational dampers, and aluminum die-casting products; headliners, pedal pads, cloth racks, and floor carpets for interior trims; spare wheel cover, side plaque, and interior trimming board for trunk trims; interior trim materials; and sound, heat, and silencer insulation pads, as well as insulation lining od wheel housing. The company also provides automatic driving systems, such as intelligent brake systems, electric power steering columns, automotive mechanical steering gears, electronic vacuum pumps, brake vacuum switches, electric wastegate actuators, electronic water and purge pumps, seat pneumatic comfort systems, and electronic stability controls; and chassis lightweight systems comprising sub-frame, shock tower, torsion and longitudinal beam, B-pillar, control arm, and steering knuckle. In addition, it offers thermal management systems. The company was founded in 1983 and is headquartered in Ningbo, China. Ningbo Tuopu Group Co.,Ltd. is a subsidiary of Mecca International Holding (HK) Limited.
Ningbo Tuopu Dividend Announcement
• Ningbo Tuopu announced a annually dividend of ¥0.56 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-07-19
• Ningbo Tuopu annual dividend for 2024 was ¥0.56
• Ningbo Tuopu annual dividend for 2023 was ¥0.46
• Ningbo Tuopu's trailing twelve-month (TTM) dividend yield is 1.04%
• Ningbo Tuopu's payout ratio for the trailing twelve months (TTM) is 29.63%
Ningbo Tuopu Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-19 | ¥0.56 | annually | 2024-07-19 |
2023-07-17 | ¥0.46 | annually | 2023-07-17 |
2022-06-06 | ¥0.28 | annually | 2022-06-06 |
2021-05-26 | ¥0.17 | annually | 2021-05-26 |
2020-08-07 | ¥0.19 | annually | 2020-08-07 |
2019-07-10 | ¥0.41 | annually | 2019-07-10 |
2016-08-17 | ¥0.62 | annually | |
2015-07-28 | ¥0.18 | annually |
Ningbo Tuopu Dividend per year
Ningbo Tuopu Dividend growth
Ningbo Tuopu Dividend Yield
Ningbo Tuopu current trailing twelve-month (TTM) dividend yield is 1.04%. Interested in purchasing Ningbo Tuopu stock? Use our calculator to estimate your expected dividend yield:
Ningbo Tuopu Financial Ratios
Ningbo Tuopu Dividend FAQ
Other factors to consider when evaluating Ningbo Tuopu 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: Ningbo Tuopu'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, Ningbo Tuopu 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, Ningbo Tuopu 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 Ningbo Tuopu 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: Ningbo Tuopu 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, Ningbo Tuopu distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ningbo Tuopu 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 Ningbo Tuopu'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 Ningbo Tuopu'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.