Shenzhen Tagen Group Co., Ltd. primarily engages in the urban construction, comprehensive development, and urban service businesses in China. The company offers construction services in the fields of municipal engineering, construction engineering, rail transit engineering, road maintenance, etc. It also develops real estate projects, including mid-to-high-end residences, affordable housing, office buildings, hotels, urban complexes, industrial parks, etc. In addition, the company undertakes daily maintenance projects of roads, bridges, tunnels, and traffic safety facilities; provides property management and shed reform services. Further, it operates sewage treatment plants and pipe projects; designs and constructs general contracting projects; undertakes space development and utilization projects; builds smart city; and provides engineering services, as well as acts as a construction agent. The company was formerly known as Shenzhen Tonge (Group) Co., Ltd. Shenzhen Tagen Group Co., Ltd. was founded in 1963 and is based in Shenzhen, China.
Shenzhen Tagen Dividend Announcement
• Shenzhen Tagen announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-07-19
• Shenzhen Tagen annual dividend for 2024 was ¥0.25
• Shenzhen Tagen annual dividend for 2023 was ¥0.32
• Shenzhen Tagen's trailing twelve-month (TTM) dividend yield is 5.61%
• Shenzhen Tagen's payout ratio for the trailing twelve months (TTM) is 186.65%
• Shenzhen Tagen's dividend growth over the last five years (2018-2023) was 9.86% year
• Shenzhen Tagen's dividend growth over the last ten years (2013-2023) was 20.40% year
Shenzhen Tagen Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-19 | ¥0.25 | annually | 2024-07-19 |
2023-07-14 | ¥0.32 | annually | 2023-07-14 |
2022-07-08 | ¥0.33 | annually | 2022-07-08 |
2021-06-02 | ¥0.38 | annually | 2021-06-02 |
2020-05-29 | ¥0.38 | annually | 2020-05-29 |
2019-06-20 | ¥0.19 | annually | 2019-06-20 |
2018-06-29 | ¥0.20 | annually | 2018-06-29 |
2017-06-26 | ¥0.20 | annually | 2017-06-26 |
2016-06-17 | ¥0.20 | annually | |
2015-07-03 | ¥0.23 | annually | |
2014-06-19 | ¥0.21 | annually | |
2013-06-28 | ¥0.05 | annually |
Shenzhen Tagen Dividend per year
Shenzhen Tagen Dividend growth
Shenzhen Tagen Dividend Yield
Shenzhen Tagen current trailing twelve-month (TTM) dividend yield is 5.61%. Interested in purchasing Shenzhen Tagen stock? Use our calculator to estimate your expected dividend yield:
Shenzhen Tagen Financial Ratios
Shenzhen Tagen Dividend FAQ
Other factors to consider when evaluating Shenzhen Tagen 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: Shenzhen Tagen'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, Shenzhen Tagen 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, Shenzhen Tagen 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 Shenzhen Tagen 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: Shenzhen Tagen 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, Shenzhen Tagen distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shenzhen Tagen 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 Shenzhen Tagen'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 Shenzhen Tagen'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.