Qingdao Tianneng Heavy Industries Co.,Ltd manufactures and sells wind turbine towers and related equipment in China and internationally. The company offers onshore wind power towers, offshore wind power towers; offshore wind power foundations comprising single piles, cages, and high pile caps; and onshore wind power anchors. It also invests, develops, constructs, and operates new energy projects, such as wind and photovoltaics farms. Qingdao Tianneng Heavy Industries Co.,Ltd was founded in 2006 and is headquartered in Jiaozhou, China.
Qingdao Tianneng Heavy Industries Dividend Announcement
• Qingdao Tianneng Heavy Industries announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-06-18. Ex dividend date: 2024-06-18 • Qingdao Tianneng Heavy Industries annual dividend for 2024 was ¥0.07 • Qingdao Tianneng Heavy Industries annual dividend for 2023 was ¥0.09 • Qingdao Tianneng Heavy Industries's trailing twelve-month (TTM) dividend yield is 1.4% • Qingdao Tianneng Heavy Industries's payout ratio for the trailing twelve months (TTM) is 421.15% • Qingdao Tianneng Heavy Industries's dividend growth over the last five years (2018-2023) was -10.74% year
Qingdao Tianneng Heavy Industries Dividend History
Qingdao Tianneng Heavy Industries Dividend per year
Qingdao Tianneng Heavy Industries Dividend growth
Qingdao Tianneng Heavy Industries Dividend Yield
Qingdao Tianneng Heavy Industries current trailing twelve-month (TTM) dividend yield is 1.4%. Interested in purchasing Qingdao Tianneng Heavy Industries stock? Use our calculator to estimate your expected dividend yield:
Qingdao Tianneng Heavy Industries Financial Ratios
P/E ratio102.72
PEG ratio1.03
P/B ratio0.96
ROE0.92%
Payout ratio421.15%
Current ratio1.76
Quick ratio1.28
Cash Ratio0.25
Qingdao Tianneng Heavy Industries Dividend FAQ
How much is the next Qingdao Tianneng Heavy Industries dividend?
Qingdao Tianneng Heavy Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Qingdao Tianneng Heavy Industries dividend. The next Qingdao Tianneng Heavy Industries dividend will be released in May.
When is Qingdao Tianneng Heavy Industries dividend paid?
Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries pay?
The specific amount of Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries's dividend history.
Does Qingdao Tianneng Heavy Industries stock pay dividends?
Yes, Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries's dividend history.
How much dividend does Qingdao Tianneng Heavy Industries pay?
Qingdao Tianneng Heavy Industries paid ¥0.074 in 2024, ¥0.085 in 2023, ¥0.15 in 2022, ¥0.26 in 2021, and ¥0.952 in 2020.
How often does Qingdao Tianneng Heavy Industries pay dividends?
Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries's dividend yield?
The current dividend yield for Qingdao Tianneng Heavy Industries is 1.4%. 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 Qingdao Tianneng Heavy Industries's exact dividend yield.
When does Qingdao Tianneng Heavy Industries go ex dividend?
Qingdao Tianneng Heavy Industries's ex-dividend date for the latest dividend was on 2024-06-18. Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries dividend paid?
Qingdao Tianneng Heavy Industries pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries dividend per share?
Qingdao Tianneng Heavy Industries paid ¥0.074 per share in 2024 and ¥0.085 per share in 2023. The amount of dividend per share that Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries a dividend stock?
Yes, Qingdao Tianneng Heavy Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Qingdao Tianneng Heavy Industries a good dividend stock?
Whether Qingdao Tianneng Heavy Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Qingdao Tianneng Heavy Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries pay dividends monthly?
Qingdao Tianneng Heavy Industries typically pays dividends on a annually basis.
Does Qingdao Tianneng Heavy Industries pay dividends quarterly?
Qingdao Tianneng Heavy Industries currently pays dividends on a annually basis.
Has Qingdao Tianneng Heavy Industries ever paid a dividend?
Yes, Qingdao Tianneng Heavy Industries has a history of paying dividends to its shareholders. Qingdao Tianneng Heavy Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Qingdao Tianneng Heavy Industries dividend stocks?
To buy Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries pay dividends 2024?
Qingdao Tianneng Heavy Industries pays dividends on a annually basis. 2024 dividend payments are in 2024-06-18. 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 Qingdao Tianneng Heavy Industries increase its dividend in 2024?
Decisions regarding Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries dividend overview you can look into the above table of dividend history.
How Qingdao Tianneng Heavy Industries dividend works?
The Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries's dividend process works:
1. Determination of Dividend: Qingdao Tianneng Heavy Industries'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, Qingdao Tianneng Heavy Industries 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, Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries dividends paid?
Qingdao Tianneng Heavy Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Qingdao Tianneng Heavy Industries 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, Qingdao Tianneng Heavy Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries pay dividends?
Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries pay dividends?
The general pattern is that Qingdao Tianneng Heavy Industries 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 Qingdao Tianneng Heavy Industries dividend safe?
The safety of Qingdao Tianneng Heavy Industries'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 Qingdao Tianneng Heavy Industries'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 Qingdao Tianneng Heavy Industries'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.