Tech-bank Food Co., Ltd., together with its subsidiaries, engages in the agriculture and animal husbandry businesses in China and internationally. The company operates through five segments: Aquatic Feed, Biological Products, Pig-Breeding, Fresh Food, and Engineering Construction. It offers shrimp, crab, turtle, frog, fish, and other marine products, as well as supplies green food production materials. The company also provides pathogenic PRRS cell suspension culture heat-resistant protective agent live vaccine (JAX1-R Strain), avian influenza (H9) cell suspension inactivated vaccine, and other vaccine products for the animal vaccine industry, as well as livestock and poultry products. In addition, it offers pig gene products; and various food products, including caviars, hairy crabs, crystal shrimps, and yellow croaker products. Further, Tech-bank Food Co., Ltd. engages in pork and seafood processing activities; and provides engineering construction services, which include plan, design, construction, and management of projects. The company was formerly known as Ningbo Tech-Bank Co., Ltd. and changed its name to Tech-bank Food Co., Ltd. in May 2017. Tech-bank Food Co., Ltd. was founded in 1996 and is based in Shanghai, China.
Tech-Bank Food Dividend Announcement
• Tech-Bank Food announced a annually dividend of ¥0.60 per ordinary share which will be made payable on 2021-05-20. Ex dividend date: 2021-05-20
• Tech-Bank Food's trailing twelve-month (TTM) dividend yield is -%
• Tech-Bank Food's payout ratio for the trailing twelve months (TTM) is 748.83%
Tech-Bank Food Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2021-05-20 | ¥0.60 | annually | 2021-05-20 |
2018-06-01 | ¥0.10 | annually | 2018-06-01 |
2017-06-02 | ¥0.12 | annually | 2017-06-02 |
2016-05-17 | ¥0.20 | annually | |
2015-07-24 | ¥0.10 | annually | |
2014-04-25 | ¥0.10 | annually | |
2013-05-03 | ¥0.10 | annually | |
2012-05-02 | ¥0.10 | annually | |
2011-06-02 | ¥0.10 | annually | |
2010-04-30 | ¥0.20 | annually | |
2009-04-21 | ¥0.15 | annually | |
2008-05-15 | ¥0.20 | annually |
Tech-Bank Food Dividend per year
Tech-Bank Food Dividend growth
Tech-Bank Food Dividend Yield
Tech-Bank Food current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tech-Bank Food stock? Use our calculator to estimate your expected dividend yield:
Tech-Bank Food Financial Ratios
Tech-Bank Food Dividend FAQ
Other factors to consider when evaluating Tech-Bank Food 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: Tech-Bank Food'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, Tech-Bank Food 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, Tech-Bank Food 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 Tech-Bank Food 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: Tech-Bank Food 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, Tech-Bank Food distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tech-Bank Food 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 Tech-Bank Food'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 Tech-Bank Food'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.