company-logo

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 . 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 -5.51%

Tanac Automation Dividend History

Ex-Div dateDividend amountDividend typePay date
2018-06-08¥0.07annually
2017-06-02¥0.05annually
2016-06-16¥0.15annually
2015-10-08¥0.25annually

Tanac Automation Dividend per year

Tanac Automation Dividend growth

Tanac Automation Dividend Yield

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-114.57
PEG ratio-0.08
P/B ratio5.23
ROE-4.45%
Payout ratio-5.51%
Current ratio1.74
Quick ratio0.89
Cash Ratio0.18

Tanac Automation Dividend FAQ

Does Tanac Automation stock pay dividends?
Tanac Automation does not currently pay dividends to its shareholders.
Has Tanac Automation ever paid a dividend?
No, Tanac Automation has no a history of paying dividends to its shareholders. Tanac Automation is not known for its dividend payments.
Why doesn't Tanac Automation pay dividends?
There are several potential reasons why Tanac Automation would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Tanac Automation ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Tanac Automation has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Tanac Automation a dividend aristocrat?
Tanac Automation is not considered a Dividend Aristocrat. 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?
Tanac Automation is not classified as a "Dividend King". 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?
No, Tanac Automation is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Tanac Automation 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 and account minimums.

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.