Qingdao Topscomm Communication INC. engages in the research and development, production, sale, and service of products in the field of medium-voltage and low-voltage power distribution in the power industry. It offers power line carrier communication chips, communication modules, acquisition equipment, smart energy meters, power distribution terminals, power quality and reliability equipment, etc., as well as LV-PLC communication, smart energy meters, communication terminals, MV-PLC communication, and distribution automation systems. Its products are used in the electricity consumption information acquisition system and distribution of the smart grid internet of things electric automation system. Qingdao Topscomm Communication INC. was founded in 2008 and is headquartered in Qingdao, China.
Qingdao Topscomm Communication Dividend Announcement
• Qingdao Topscomm Communication announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2024-06-27. Ex dividend date: 2024-06-27
• Qingdao Topscomm Communication annual dividend for 2024 was ¥0.06
• Qingdao Topscomm Communication annual dividend for 2023 was ¥0.06
• Qingdao Topscomm Communication's trailing twelve-month (TTM) dividend yield is 1.0%
• Qingdao Topscomm Communication's payout ratio for the trailing twelve months (TTM) is 196.12%
• Qingdao Topscomm Communication's dividend growth over the last five years (2018-2023) was -23.51% year
Qingdao Topscomm Communication Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-27 | ¥0.06 | annually | 2024-06-27 |
2023-07-17 | ¥0.06 | annually | 2023-07-17 |
2022-07-14 | ¥0.07 | annually | 2022-07-14 |
2021-07-12 | ¥0.08 | annually | 2021-07-12 |
2020-07-06 | ¥0.15 | annually | 2020-07-06 |
2019-07-05 | ¥0.13 | annually | 2019-07-05 |
2018-06-27 | ¥0.21 | annually | 2018-06-27 |
2017-06-14 | ¥0.22 | annually | 2017-06-14 |
Qingdao Topscomm Communication Dividend per year
Qingdao Topscomm Communication Dividend growth
Qingdao Topscomm Communication Dividend Yield
Qingdao Topscomm Communication current trailing twelve-month (TTM) dividend yield is 1.0%. Interested in purchasing Qingdao Topscomm Communication stock? Use our calculator to estimate your expected dividend yield:
Qingdao Topscomm Communication Financial Ratios
Qingdao Topscomm Communication Dividend FAQ
Other factors to consider when evaluating Qingdao Topscomm Communication 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: Qingdao Topscomm Communication'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 Topscomm Communication 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 Topscomm Communication 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 Topscomm Communication 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: Qingdao Topscomm Communication 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 Topscomm Communication 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 Topscomm Communication 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 Qingdao Topscomm Communication'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 Topscomm Communication'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.