TCL Electronics Holdings Limited, an investment holding company, operates as a consumer electronics company in the People's Republic of China, Europe, North America, and internationally. It operates through four segments: Smart screen; Internet Business; Smart Mobile, Connective Devices, and Service; and Smart Commercial Display, Smart Home, and Other Businesses. The company manufactures and sells color television (TV) sets under the TCL brand; provides advertising vertical application, video-on-demand, and membership card services. It also engages in the manufacture and sale of smart mobile, smart connective devices, smart commercial display, smart home products, and other household products; trading of TV products, components, and white goods; research and development of software on smart TV devices, and mobile devices; and operation of the Internet platform, as well as distribution of mobile devices and components. The company was formerly known as TCL Multimedia Technology Holdings Limited and changed its name to TCL Electronics Holdings Limited in June 2018. The company is based in Sha Tin, Hong Kong. TCL Electronics Holdings Limited is a subsidiary of TCL Technology Group Corporation.
TCL Electronics Dividend Announcement
• TCL Electronics announced a annually dividend of $0.02 per ordinary share which will be made payable on 2024-07-31. Ex dividend date: 2024-07-05
• TCL Electronics annual dividend for 2024 was $0.02
• TCL Electronics annual dividend for 2023 was $0.02
• TCL Electronics's trailing twelve-month (TTM) dividend yield is 3.1%
• TCL Electronics's payout ratio for the trailing twelve months (TTM) is 28.19%
• TCL Electronics's dividend growth over the last five years (2018-2023) was -12.52% year
TCL Electronics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-05 | $0.02 | annually | 2024-07-31 |
2023-07-17 | $0.02 | annually | 2023-08-04 |
2022-07-06 | $0.02 | annually | 2022-08-05 |
2021-05-27 | $0.12 | annually | 2021-07-09 |
2020-10-06 | $0.10 | annually | 2020-10-23 |
2020-06-05 | $0.01 | annually | 2020-07-17 |
2019-11-29 | $0.01 | annually | 2019-12-18 |
2019-05-30 | $0.01 | annually | 2019-06-21 |
2018-10-05 | $0.01 | annually | 2018-10-23 |
2018-05-25 | $0.02 | annually | 2018-06-15 |
2017-09-01 | $0.00 | annually | 2017-09-15 |
2015-04-30 | $0.01 | annually | |
2013-04-24 | $0.14 | annually | |
2012-08-28 | $0.10 | annually | |
2012-05-10 | $0.15 | annually |
TCL Electronics Dividend per year
TCL Electronics Dividend growth
TCL Electronics Dividend Yield
TCL Electronics current trailing twelve-month (TTM) dividend yield is 3.1%. Interested in purchasing TCL Electronics stock? Use our calculator to estimate your expected dividend yield:
TCL Electronics Financial Ratios
TCL Electronics Dividend FAQ
Other factors to consider when evaluating TCL Electronics 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: TCL Electronics'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, TCL Electronics 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, TCL Electronics 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 TCL Electronics 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: TCL Electronics 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, TCL Electronics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TCL Electronics 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 TCL Electronics'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 TCL Electronics'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.