Tecon Biology Co.Ltd engages in the research, development, production, and sale of animal feed in China and internationally. The company offers chicken, pig, ruminant, aquatic, and other feed products; and protein feeds and edible oils, as well as breeds piglets and pigs, and processes and sells meat. It also produces soybean, sunflower, rapeseed, and cottonseed oils and meals. In addition, the company manufactures and sells veterinary biological products. Further, it offers loan, bill acceptance, trade financing, project financing, credit, and other financing guarantees, as well as provides commodity financing supervision services. The company was formerly known as Xinjiang Tecon Animal Husbandry Bio-Technology Co., Ltd. and changed its name to Tecon Biology Co.Ltd in June 2016. Tecon Biology Co.Ltd was founded in 1993 and is based in Urumqi, China.
TECON BIOLOGY Dividend Announcement
• TECON BIOLOGY announced a annually dividend of ¥0.22 per ordinary share which will be made payable on 2023-06-16. Ex dividend date: 2023-06-16
• TECON BIOLOGY annual dividend for 2023 was ¥0.22
• TECON BIOLOGY's trailing twelve-month (TTM) dividend yield is -%
• TECON BIOLOGY's payout ratio for the trailing twelve months (TTM) is -148.61%
TECON BIOLOGY Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-06-16 | ¥0.22 | annually | 2023-06-16 |
2021-06-09 | ¥0.46 | annually | 2021-06-09 |
2020-06-15 | ¥0.20 | annually | 2020-06-15 |
2019-06-10 | ¥0.10 | annually | 2019-06-10 |
2018-07-04 | ¥0.10 | annually | 2018-07-04 |
2017-05-25 | ¥0.10 | annually | 2017-05-25 |
2016-05-23 | ¥0.12 | annually | |
2015-05-20 | ¥0.10 | annually | |
2014-06-13 | ¥0.12 | annually | |
2013-05-22 | ¥0.07 | annually | |
2012-05-21 | ¥0.10 | annually | |
2011-05-20 | ¥0.05 | annually |
TECON BIOLOGY Dividend per year
TECON BIOLOGY Dividend growth
TECON BIOLOGY Dividend Yield
TECON BIOLOGY current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing TECON BIOLOGY stock? Use our calculator to estimate your expected dividend yield:
TECON BIOLOGY Financial Ratios
TECON BIOLOGY Dividend FAQ
Other factors to consider when evaluating TECON BIOLOGY 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: TECON BIOLOGY'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, TECON BIOLOGY 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, TECON BIOLOGY 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 TECON BIOLOGY 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: TECON BIOLOGY 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, TECON BIOLOGY distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TECON BIOLOGY 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 TECON BIOLOGY'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 TECON BIOLOGY'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.