TCL Zhonghuan Renewable Energy Technology Co.,Ltd. provides semiconductor materials and devices, and new energy materials in China and internationally. The company offers solar energy materials, including solar mono-crystalline silicon rods, wafers, and materials, as well as solar polycrystalline silicon materials; and solar products, such as mono-crystalline silicon solar cells. It also provides semiconductor materials comprising etching, polished, float-zone mono-crystalline silicon, and czochralski mono-crystalline silicon wafers; and develops and operates photovoltaic power stations. In addition, the company offers semiconductor devices consisting of TVS protective, HV, bridge, and schottky diodes, as well as GPP chips and metal-oxide-semiconductor field-effect transistors. Further, it engages in financial leasing business. Its products are used in integrated circuits, consumer electronics, grid transmission, wind power generation, rail transit, new energy vehicles, aviation, aerospace, photovoltaic power generation, industrial control, and other industries. The company was formerly known as Tianjin Zhonghuan Semiconductor Co., Ltd. and changed its name to TCL Zhonghuan Renewable Energy Technology Co.,Ltd. in June 2022. TCL Zhonghuan Renewable Energy Technology Co.,Ltd. was founded in 1989 and is headquartered in Tianjin, China.
TCL Zhonghuan Renewable Energy Technology Dividend Announcement
• TCL Zhonghuan Renewable Energy Technology announced a semi annually dividend of ¥0.26 per ordinary share which will be made payable on 2024-07-09. Ex dividend date: 2024-07-09
• TCL Zhonghuan Renewable Energy Technology annual dividend for 2024 was ¥0.26
• TCL Zhonghuan Renewable Energy Technology annual dividend for 2023 was ¥0.23
• TCL Zhonghuan Renewable Energy Technology's trailing twelve-month (TTM) dividend yield is 2.23%
• TCL Zhonghuan Renewable Energy Technology's payout ratio for the trailing twelve months (TTM) is -26.50%
• TCL Zhonghuan Renewable Energy Technology's dividend growth over the last five years (2018-2023) was 62.27% year
TCL Zhonghuan Renewable Energy Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-09 | ¥0.26 | semi annually | 2024-07-09 |
2023-06-16 | ¥0.10 | semi annually | 2023-06-16 |
2023-05-26 | ¥0.12 | semi annually | |
2022-06-24 | ¥0.11 | semi annually | 2022-06-24 |
2021-06-02 | ¥0.06 | semi annually | 2021-06-02 |
2020-06-30 | ¥0.03 | semi annually | 2020-06-30 |
2019-07-24 | ¥0.03 | semi annually | 2019-07-24 |
2018-06-25 | ¥0.02 | semi annually | 2018-06-25 |
2017-07-26 | ¥0.03 | semi annually | 2017-07-26 |
2016-07-05 | ¥0.02 | semi annually | |
2015-04-29 | ¥0.01 | semi annually | |
2012-10-16 | ¥0.01 | semi annually | |
2011-06-02 | ¥0.03 | semi annually |
TCL Zhonghuan Renewable Energy Technology Dividend per year
TCL Zhonghuan Renewable Energy Technology Dividend growth
TCL Zhonghuan Renewable Energy Technology Dividend Yield
TCL Zhonghuan Renewable Energy Technology current trailing twelve-month (TTM) dividend yield is 2.23%. Interested in purchasing TCL Zhonghuan Renewable Energy Technology stock? Use our calculator to estimate your expected dividend yield:
TCL Zhonghuan Renewable Energy Technology Financial Ratios
TCL Zhonghuan Renewable Energy Technology Dividend FAQ
Other factors to consider when evaluating TCL Zhonghuan Renewable Energy 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 Zhonghuan Renewable Energy 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 Zhonghuan Renewable Energy 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 Zhonghuan Renewable Energy 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 Zhonghuan Renewable Energy 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 Zhonghuan Renewable Energy 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 Zhonghuan Renewable Energy 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 Zhonghuan Renewable Energy 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 Zhonghuan Renewable Energy 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 Zhonghuan Renewable Energy 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.