Tian Lun Gas Holdings Limited, together with its subsidiaries, engages in the transportation, distribution, and sale of natural gas and compressed natural gas through its gas pipeline connections in the People' Republic of China. The company provides construction, designing, laying, installation, and maintenance services for gas pipeline connections. It also constructs and operates gas filling stations; produces and sells liquefied natural gas in bulk and in cylinders; trades in natural gas equipment; provides engineering design and consulting, new energy technology development, and gas vehicle refueling services; generates, supplies, and sells electricity; invests in equity and assets; and sells urban gas and gas appliances. The company serves to the residential, vehicles, commercial, and industrial sectors. The company was formerly known as China Tian Lun Gas Holdings Limited and changed its name to Tian Lun Gas Holdings Limited in September 2021. Tian Lun Gas Holdings Limited was founded in 2002 and is headquartered in Zhengzhou, the People's Republic of China. Tian Lun Gas Holdings Limited is a subsidiary of Tian Lun Group Limited.
Tian Lun Gas Dividend Announcement
• Tian Lun Gas announced a quarterly dividend of HK$0.05 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-10-24
• Tian Lun Gas annual dividend for 2024 was HK$0.17
• Tian Lun Gas annual dividend for 2023 was HK$0.30
• Tian Lun Gas's trailing twelve-month (TTM) dividend yield is 5.36%
• Tian Lun Gas's payout ratio for the trailing twelve months (TTM) is 60.63%
• Tian Lun Gas's dividend growth over the last five years (2018-2023) was 28.18% year
Tian Lun Gas Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-24 | HK$0.05 | quarterly | 2024-11-29 |
2024-05-31 | HK$0.12 | quarterly | 2024-06-21 |
2023-10-24 | HK$0.07 | quarterly | 2023-11-30 |
2023-07-04 | HK$0.12 | quarterly | 2023-07-21 |
2023-05-31 | HK$0.11 | quarterly | |
2022-10-20 | HK$0.07 | quarterly | 2022-11-30 |
2022-05-31 | HK$0.15 | quarterly | 2022-06-21 |
2021-10-20 | HK$0.16 | quarterly | 2021-11-30 |
2021-05-28 | HK$0.19 | quarterly | 2021-06-21 |
2020-10-20 | HK$0.11 | quarterly | 2020-11-30 |
2020-05-19 | HK$0.13 | quarterly | 2020-06-02 |
2019-10-21 | HK$0.13 | quarterly | 2019-11-06 |
2019-05-28 | HK$0.11 | quarterly | 2019-06-26 |
2018-10-19 | HK$0.06 | quarterly | 2018-11-30 |
2018-06-07 | HK$0.03 | quarterly | 2018-07-16 |
2017-10-23 | HK$0.09 | quarterly | 2017-11-30 |
2016-10-21 | HK$0.08 | quarterly | 2016-11-30 |
Tian Lun Gas Dividend per year
Tian Lun Gas Dividend growth
Tian Lun Gas Dividend Yield
Tian Lun Gas current trailing twelve-month (TTM) dividend yield is 5.36%. Interested in purchasing Tian Lun Gas stock? Use our calculator to estimate your expected dividend yield:
Tian Lun Gas Financial Ratios
Tian Lun Gas Dividend FAQ
Other factors to consider when evaluating Tian Lun Gas 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: Tian Lun Gas'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, Tian Lun Gas 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, Tian Lun Gas 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 Tian Lun Gas 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: Tian Lun Gas 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, Tian Lun Gas distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tian Lun Gas 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 Tian Lun Gas'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 Tian Lun Gas'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.