Tanac Automation Co., Ltd. engages in the research, design, development, production, marketing, and sale of integrated automation systems and solutions worldwide. The company's primary products include winding automation equipment, non-standard automation equipment, assembly automation equipment, test automation equipment, automation equipment, industrial robot application, smart factory, and others under the Tanac brand. It also offers after sale services. The company provides customized solutions for transformer inductance, motor manufacturing, consumer electronics, automobile, household appliance, medical, intelligent logistics, and other industries. Tanac Automation Co., Ltd. was founded in 2003 and is based in Jiashan, China.
Tanac Automation Dividend Announcement
• Tanac Automation announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2018-06-08. Ex dividend date: 2018-06-08 • Tanac Automation's trailing twelve-month (TTM) dividend yield is -% • Tanac Automation's payout ratio for the trailing twelve months (TTM) is -7.19%
Tanac Automation current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tanac Automation stock? Use our calculator to estimate your expected dividend yield:
Tanac Automation Financial Ratios
P/E ratio-125.65
PEG ratio2.42
P/B ratio5.74
ROE-4.45%
Payout ratio-7.19%
Current ratio1.74
Quick ratio0.89
Cash Ratio0.18
Tanac Automation Dividend FAQ
How much is the next Tanac Automation dividend?
Tanac Automation's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tanac Automation dividend. The next Tanac Automation dividend will be released in June.
When is Tanac Automation dividend paid?
Tanac Automation 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 Tanac Automation pay?
The specific amount of Tanac Automation 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 Tanac Automation's dividend history.
Does Tanac Automation stock pay dividends?
Yes, Tanac Automation 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 Tanac Automation's dividend history.
How much dividend does Tanac Automation pay?
Tanac Automation paid ¥0.0 in 2024, ¥0.0 in 2023, ¥0.0 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Tanac Automation pay dividends?
Tanac Automation 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 Tanac Automation's dividend yield?
The current dividend yield for Tanac Automation is -%. 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 Tanac Automation's exact dividend yield.
When does Tanac Automation go ex dividend?
Tanac Automation's ex-dividend date for the latest dividend was on 2018-06-08. Tanac Automation 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 Tanac Automation dividend paid?
Tanac Automation pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Tanac Automation 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 Tanac Automation 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 Tanac Automation dividend per share?
Tanac Automation paid ¥0.0 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Tanac Automation 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 Tanac Automation 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 Tanac Automation 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 Tanac Automation a dividend stock?
Yes, Tanac Automation is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tanac Automation a good dividend stock?
Whether Tanac Automation is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tanac Automation has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Tanac Automation 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 Tanac Automation pay dividends monthly?
Tanac Automation typically pays dividends on a annually basis.
Does Tanac Automation pay dividends quarterly?
Tanac Automation currently pays dividends on a annually basis.
Has Tanac Automation ever paid a dividend?
Yes, Tanac Automation has a history of paying dividends to its shareholders. Tanac Automation is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tanac Automation dividend stocks?
To buy Tanac Automation 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 Tanac Automation 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 Tanac Automation pay dividends 2024?
Tanac Automation pays dividends on a annually basis. 2024 dividend payments are in 2018-06-08. 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 Tanac Automation increase its dividend in 2024?
Decisions regarding Tanac Automation 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 Tanac Automation dividend overview you can look into the above table of dividend history.
How Tanac Automation dividend works?
The Tanac Automation 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 Tanac Automation's dividend process works:
1. Determination of Dividend: Tanac Automation'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, Tanac Automation 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, Tanac Automation 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 Tanac Automation 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 Tanac Automation dividends paid?
Tanac Automation dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Tanac Automation 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, Tanac Automation distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tanac Automation 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 Tanac Automation pay dividends?
Tanac Automation 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 Tanac Automation pay dividends?
The general pattern is that Tanac Automation 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 Tanac Automation dividend safe?
The safety of Tanac Automation'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 Tanac Automation'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 Tanac Automation'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.