Tengda Construction Group Co., Ltd. engages in the construction business in China. It constructs urban roads, bridges, track crossings, sewage treatment, highways, housing construction, and other projects, as well as is involved in the real estate development and investment businesses. The company was formerly known as Huangyan Municipal Engineering Co., Ltd. Tengda Construction Group Co., Ltd. was founded in 1972 and is based in Taizhou, China.
Tengda Construction Dividend Announcement
• Tengda Construction announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-28 • Tengda Construction annual dividend for 2024 was ¥0.02 • Tengda Construction's trailing twelve-month (TTM) dividend yield is 0.82% • Tengda Construction's payout ratio for the trailing twelve months (TTM) is 132.90%
Tengda Construction current trailing twelve-month (TTM) dividend yield is 0.82%. Interested in purchasing Tengda Construction stock? Use our calculator to estimate your expected dividend yield:
Tengda Construction Financial Ratios
P/E ratio68.42
PEG ratio0.69
P/B ratio0.61
ROE0.90%
Payout ratio132.90%
Current ratio1.70
Quick ratio1.09
Cash Ratio0.50
Tengda Construction Dividend FAQ
How much is the next Tengda Construction dividend?
Tengda Construction's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tengda Construction dividend. The next Tengda Construction dividend will be released in .
When is Tengda Construction dividend paid?
Tengda Construction pays dividends on a annually basis. The specific dates may vary each year but are generally around . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Tengda Construction pay?
The specific amount of Tengda Construction dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Tengda Construction's dividend history.
Does Tengda Construction stock pay dividends?
Yes, Tengda Construction does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Tengda Construction's dividend history.
How much dividend does Tengda Construction pay?
Tengda Construction paid ¥0.02 in 2024, ¥0.0 in 2023, ¥0.02 in 2022, ¥0.05 in 2021, and ¥0.03 in 2020.
How often does Tengda Construction pay dividends?
Tengda Construction typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around .
What is Tengda Construction's dividend yield?
The current dividend yield for Tengda Construction is 0.82%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Tengda Construction's exact dividend yield.
When does Tengda Construction go ex dividend?
Tengda Construction's ex-dividend date for the latest dividend was on 2024-06-28. Tengda Construction typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Tengda Construction dividend paid?
Tengda Construction pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Tengda Construction increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Tengda Construction will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Tengda Construction dividend per share?
Tengda Construction paid ¥0.02 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Tengda Construction pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Tengda Construction a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Tengda Construction a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Tengda Construction a dividend stock?
Yes, Tengda Construction is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tengda Construction a good dividend stock?
Whether Tengda Construction is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tengda Construction has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Tengda Construction 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.
Does Tengda Construction pay dividends monthly?
Tengda Construction typically pays dividends on a annually basis.
Does Tengda Construction pay dividends quarterly?
Tengda Construction currently pays dividends on a annually basis.
Has Tengda Construction ever paid a dividend?
Yes, Tengda Construction has a history of paying dividends to its shareholders. Tengda Construction is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tengda Construction dividend stocks?
To buy Tengda Construction you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Tengda Construction stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Tengda Construction pay dividends 2024?
Tengda Construction pays dividends on a annually basis. 2024 dividend payments are in 2024-06-28. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Tengda Construction increase its dividend in 2024?
Decisions regarding Tengda Construction dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Tengda Construction dividend overview you can look into the above table of dividend history.
How Tengda Construction dividend works?
The Tengda Construction dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Tengda Construction's dividend process works:
1. Determination of Dividend: Tengda Construction'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, Tengda Construction 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, Tengda Construction 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 Tengda Construction 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.
How are Tengda Construction dividends paid?
Tengda Construction dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Tengda Construction 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, Tengda Construction distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tengda Construction 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.
How many times does Tengda Construction pay dividends?
Tengda Construction typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Tengda Construction pay dividends?
The general pattern is that Tengda Construction pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Tengda Construction dividend safe?
The safety of Tengda Construction's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Tengda Construction'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 Tengda Construction'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.