TBEA Co., Ltd., together with its subsidiaries, provides power energy, power transmission, renewable energy, new materials, and energy solutions worldwide. The company manufactures and sells transformers, switches, electric wires and cables, cable accessories, integrated substation automation products, smart distribution grids, and charging facilities. It also provides power control systems, photovoltaic products, polycrystalline silicon, flexible equipment for power transmission and distribution, white carbon black, silicon ships, and inverters. In addition, the company offers alloy materials, including alloy rods, aluminum alloy rod products, aluminum alloy ingots, re-smelting aluminum ingots, and slab ingot products; electron and electronic aluminum foils; etched and formed electrode foils; heat-insulated aluminum profiles for windows and doors, curtain wall aluminum profiles, and industry profiles; aluminum substrate plate strips; target rods, wires, and ingots; and high-purity aluminum materials, such as refined aluminum ingots for re-smelting, high-purity aluminum rods, ure aluminum round rods, and refined aluminum wires. Further, it is involved in mining and selling coal products; electricity and heat production and supply; supplying power transmission and transformation equipment; UHV DC and AC engineering construction activities; operation of wind and photovoltaic power plants; and the provision of survey, design, construction, installation, commissioning, operation, maintenance, training, and system integration solutions, as well as charging solutions in public places. The company was founded in 1938 and is based in Changji, China.
TBEA Dividend Announcement
• TBEA announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-07-04. Ex dividend date: 2024-07-04
• TBEA annual dividend for 2024 was ¥0.20
• TBEA annual dividend for 2023 was ¥1.46
• TBEA's trailing twelve-month (TTM) dividend yield is 1.55%
• TBEA's payout ratio for the trailing twelve months (TTM) is 116.71%
• TBEA's dividend growth over the last five years (2018-2023) was 47.30% year
TBEA Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-04 | ¥0.20 | annually | 2024-07-04 |
2023-07-18 | ¥1.46 | annually | 2023-07-18 |
2022-06-23 | ¥0.58 | annually | 2022-06-23 |
2021-06-18 | ¥0.21 | annually | 2021-06-18 |
2020-07-06 | ¥0.17 | annually | 2020-07-06 |
2019-07-04 | ¥0.18 | annually | 2019-07-04 |
2018-07-05 | ¥0.21 | annually | 2018-07-05 |
2017-05-22 | ¥0.20 | annually | 2017-05-22 |
2016-07-06 | ¥0.17 | annually | |
2014-06-16 | ¥0.13 | annually | |
2013-05-31 | ¥0.11 | annually | |
2012-05-31 | ¥0.07 | annually |
TBEA Dividend per year
TBEA Dividend growth
TBEA Dividend Yield
TBEA current trailing twelve-month (TTM) dividend yield is 1.55%. Interested in purchasing TBEA stock? Use our calculator to estimate your expected dividend yield:
TBEA Financial Ratios
TBEA Dividend FAQ
Other factors to consider when evaluating TBEA 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: TBEA'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, TBEA 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, TBEA 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 TBEA 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: TBEA 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, TBEA distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TBEA 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 TBEA'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 TBEA'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.