TCL Technology Group Corporation, together with its subsidiaries, engages in the semiconductors business worldwide. The company operates through four segments: Semi-Conductor Display Business, New Energy Photovoltaic and Semi-Conductor Materials Business, Distribution Business, and Other Businesses. The Semi-Conductor Display Business segment offers semi-conductor display panels and semi-conductor display modules. The New Energy Photovoltaic and Semi-Conductor Materials Business segment is involved in manufacture and sale of semi-conductor materials, semi-conductor devices, new energy materials and new energy; and the development and operation of photovoltaic power station projects. The Distribution Business segment engages in the sale of computers, software, tablet computers, mobile phones, and other electronic products. The Others Businesses segment engages in industrial finance and investment business, as well as offers technology development and patent maintenance services. The company was formerly known as TCL Corporation and changed its name to TCL Technology Group Corporation in February 2020. TCL Technology Group Corporation was founded in 1981 and is based in Huizhou, China.
TCL Technology Dividend Announcement
• TCL Technology announced a annually dividend of ¥0.08 per ordinary share which will be made payable on 2024-06-04. Ex dividend date: 2024-06-04
• TCL Technology annual dividend for 2024 was ¥0.08
• TCL Technology's trailing twelve-month (TTM) dividend yield is 1.56%
• TCL Technology's payout ratio for the trailing twelve months (TTM) is 305.10%
TCL Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-04 | ¥0.08 | annually | 2024-06-04 |
2022-06-02 | ¥0.15 | annually | 2022-06-02 |
2021-05-19 | ¥0.12 | annually | 2021-05-19 |
2020-04-30 | ¥0.10 | annually | 2020-04-30 |
2019-04-18 | ¥0.10 | annually | 2019-04-18 |
2018-05-31 | ¥0.10 | annually | 2018-05-31 |
2017-06-01 | ¥0.08 | annually | 2017-06-01 |
2016-04-27 | ¥0.08 | annually | |
2015-04-09 | ¥0.08 | annually | |
2014-03-27 | ¥0.06 | annually | |
2013-04-12 | ¥0.04 | annually | |
2012-05-11 | ¥0.05 | annually |
TCL Technology Dividend per year
TCL Technology Dividend growth
TCL Technology Dividend Yield
TCL Technology current trailing twelve-month (TTM) dividend yield is 1.56%. Interested in purchasing TCL Technology stock? Use our calculator to estimate your expected dividend yield:
TCL Technology Financial Ratios
TCL Technology Dividend FAQ
Other factors to consider when evaluating TCL Technology 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 Technology'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 Technology 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 Technology 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 Technology 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 Technology 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 Technology 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 Technology 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 Technology'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 Technology'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.