Shenzhen Tellus Holding Co., Ltd., together with its subsidiaries, engages in the automobile sales, testing, and maintenance activities in the People's Republic of China. The company operates through Auto Sales, Vehicle Maintenance and Inspection, Leasing and Services, and Wholesale and Retail of Jewelry segments. It also engages in the rental and management of real estate properties; manufacture of inspection equipment for motor vehicles; inspection and repair of motor vehicles; purchase, sales, and leasing of gold jewelry and precious metal products; provision of coffer lease, warehousing, jewelry fair planning, jewelry on consignment, exhibition planning, conference, marketing planning, and resource asset management services; and sale of accessories. The company was formerly known as Shenzhen Tellus Machinery Holding Company Limited and changed its name to Shenzhen Tellus Holding Co., Ltd. in March 1993. Shenzhen Tellus Holding Co., Ltd. was founded in 1986 and is based in Shenzhen, the People's Republic of China.
Shenzhen Tellus Dividend Announcement
• Shenzhen Tellus announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2024-06-19. Ex dividend date: 2024-06-19
• Shenzhen Tellus annual dividend for 2024 was ¥0.03
• Shenzhen Tellus annual dividend for 2023 was ¥0.03
• Shenzhen Tellus's trailing twelve-month (TTM) dividend yield is 0.17%
• Shenzhen Tellus's payout ratio for the trailing twelve months (TTM) is 18.80%
Shenzhen Tellus Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-19 | ¥0.03 | annually | 2024-06-19 |
2023-07-12 | ¥0.03 | annually | 2023-07-12 |
2022-06-21 | ¥0.03 | annually | 2022-06-21 |
2021-06-28 | ¥0.02 | annually | 2021-06-28 |
2020-05-27 | ¥0.04 | annually | 2020-05-27 |
1995-07-11 | ¥0.05 | annually | |
1994-05-20 | ¥0.05 | annually |
Shenzhen Tellus Dividend per year
Shenzhen Tellus Dividend growth
Shenzhen Tellus Dividend Yield
Shenzhen Tellus current trailing twelve-month (TTM) dividend yield is 0.17%. Interested in purchasing Shenzhen Tellus stock? Use our calculator to estimate your expected dividend yield:
Shenzhen Tellus Financial Ratios
Shenzhen Tellus Dividend FAQ
Other factors to consider when evaluating Shenzhen Tellus 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 Tellus'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 Tellus 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 Tellus 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 Tellus 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 Tellus 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 Tellus 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 Tellus 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 Tellus'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 Tellus'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.