Sanhe Tongfei Refrigeration Co., Ltd. manufactures and sells industrial temperature control products in China. The company offers pure water cooling units, MCO oil chillers, MCW water chillers, MCWL water chillers for lasers, MCS immersion chillers, MCA enclosure cooling units, MEA air/air heat exchangers, air/water heat exchangers, cooling units, finned heat exchangers, and coil tube heat exchangers. It also provides cooling solutions to high-speed motorized spindle and wire cutting machines, laser cooling, stock-removing machine cooling, and spindle and hydraulic pressure station cooling. The company's products are used in energy storage systems, intelligent manufacturing equipment, semiconductor equipment, power transmission and transformation, electrical transmission, new energy power generation, hydrogen energy, new energy vehicles, and other fields. The company was founded in 2001 and is based in Sanhe, China.
Sanhe Tongfei Refrigeration Dividend Announcement
• Sanhe Tongfei Refrigeration announced a annually dividend of ¥0.50 per ordinary share which will be made payable on 2024-05-16. Ex dividend date: 2024-05-16 • Sanhe Tongfei Refrigeration annual dividend for 2024 was ¥0.50 • Sanhe Tongfei Refrigeration annual dividend for 2023 was ¥1.44 • Sanhe Tongfei Refrigeration's trailing twelve-month (TTM) dividend yield is 1.42% • Sanhe Tongfei Refrigeration's payout ratio for the trailing twelve months (TTM) is 75.63%
Sanhe Tongfei Refrigeration current trailing twelve-month (TTM) dividend yield is 1.42%. Interested in purchasing Sanhe Tongfei Refrigeration stock? Use our calculator to estimate your expected dividend yield:
Sanhe Tongfei Refrigeration Financial Ratios
P/E ratio52.44
PEG ratio0.72
P/B ratio3.29
ROE6.33%
Payout ratio75.63%
Current ratio3.58
Quick ratio2.90
Cash Ratio0.75
Sanhe Tongfei Refrigeration Dividend FAQ
How much is the next Sanhe Tongfei Refrigeration dividend?
Sanhe Tongfei Refrigeration's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sanhe Tongfei Refrigeration dividend. The next Sanhe Tongfei Refrigeration dividend will be released in June.
When is Sanhe Tongfei Refrigeration dividend paid?
Sanhe Tongfei Refrigeration pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Sanhe Tongfei Refrigeration pay?
The specific amount of Sanhe Tongfei Refrigeration 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 Sanhe Tongfei Refrigeration's dividend history.
Does Sanhe Tongfei Refrigeration stock pay dividends?
Yes, Sanhe Tongfei Refrigeration 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 Sanhe Tongfei Refrigeration's dividend history.
How much dividend does Sanhe Tongfei Refrigeration pay?
Sanhe Tongfei Refrigeration paid ¥0.5 in 2024, ¥1.44 in 2023, ¥1.8 in 2022, ¥0.8 in 2021, and ¥0.0 in 2020.
How often does Sanhe Tongfei Refrigeration pay dividends?
Sanhe Tongfei Refrigeration 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 June.
What is Sanhe Tongfei Refrigeration's dividend yield?
The current dividend yield for Sanhe Tongfei Refrigeration is 1.42%. 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 Sanhe Tongfei Refrigeration's exact dividend yield.
When does Sanhe Tongfei Refrigeration go ex dividend?
Sanhe Tongfei Refrigeration's ex-dividend date for the latest dividend was on 2024-05-16. Sanhe Tongfei Refrigeration 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 Sanhe Tongfei Refrigeration dividend paid?
Sanhe Tongfei Refrigeration pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Sanhe Tongfei Refrigeration 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 Sanhe Tongfei Refrigeration 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 Sanhe Tongfei Refrigeration dividend per share?
Sanhe Tongfei Refrigeration paid ¥0.5 per share in 2024 and ¥1.44 per share in 2023. The amount of dividend per share that Sanhe Tongfei Refrigeration 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 Sanhe Tongfei Refrigeration 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 Sanhe Tongfei Refrigeration 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 Sanhe Tongfei Refrigeration a dividend stock?
Yes, Sanhe Tongfei Refrigeration is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sanhe Tongfei Refrigeration a good dividend stock?
Whether Sanhe Tongfei Refrigeration is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sanhe Tongfei Refrigeration has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Sanhe Tongfei Refrigeration 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 Sanhe Tongfei Refrigeration pay dividends monthly?
Sanhe Tongfei Refrigeration typically pays dividends on a annually basis.
Does Sanhe Tongfei Refrigeration pay dividends quarterly?
Sanhe Tongfei Refrigeration currently pays dividends on a annually basis.
Has Sanhe Tongfei Refrigeration ever paid a dividend?
Yes, Sanhe Tongfei Refrigeration has a history of paying dividends to its shareholders. Sanhe Tongfei Refrigeration is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sanhe Tongfei Refrigeration dividend stocks?
To buy Sanhe Tongfei Refrigeration 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 Sanhe Tongfei Refrigeration 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 Sanhe Tongfei Refrigeration pay dividends 2024?
Sanhe Tongfei Refrigeration pays dividends on a annually basis. 2024 dividend payments are in 2024-05-16. 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 Sanhe Tongfei Refrigeration increase its dividend in 2024?
Decisions regarding Sanhe Tongfei Refrigeration 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 Sanhe Tongfei Refrigeration dividend overview you can look into the above table of dividend history.
How Sanhe Tongfei Refrigeration dividend works?
The Sanhe Tongfei Refrigeration 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 Sanhe Tongfei Refrigeration's dividend process works:
1. Determination of Dividend: Sanhe Tongfei Refrigeration'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, Sanhe Tongfei Refrigeration 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, Sanhe Tongfei Refrigeration 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 Sanhe Tongfei Refrigeration 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 Sanhe Tongfei Refrigeration dividends paid?
Sanhe Tongfei Refrigeration dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Sanhe Tongfei Refrigeration 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, Sanhe Tongfei Refrigeration distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sanhe Tongfei Refrigeration 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 Sanhe Tongfei Refrigeration pay dividends?
Sanhe Tongfei Refrigeration 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 Sanhe Tongfei Refrigeration pay dividends?
The general pattern is that Sanhe Tongfei Refrigeration pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sanhe Tongfei Refrigeration dividend safe?
The safety of Sanhe Tongfei Refrigeration'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 Sanhe Tongfei Refrigeration'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 Sanhe Tongfei Refrigeration'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.