Tianjin Development Holdings Limited, through its subsidiaries, supplies electricity, water, heat, and thermal power to industrial, commercial, and residential customers in the Tianjin Economic and Technological Development Area, the People's Republic of China. It operates through six segments: Utilities, Pharmaceutical, Hotel, Electrical and Mechanical, Port Services, and Elevators and Escalators. The company has an installed transmission capacity of approximately 946,000 kVA; daily water supply capacity of 425,000 tons; and steam transmission pipelines of approximately 462 kilometres, approximately 120 processing stations, and daily distribution capacity of approximately 30,000 tons. It also provides services in relation to construction of electricity supply network, application of technology related to new energy and renewable energy, and electricity construction and related technical services; and offers services in installation and maintenance of water pipes, and technical consultancy, as well as engages in the retail and wholesale of water pipes and related parts. In addition, the company is involved in the manufacture and sale of presses, and mechanical and hydroelectric equipment, as well as large scale pump units. Further, it operates Courtyard by Marriott Hong Kong, a 4-star hotel with 245 guest rooms; researches and develops medicine technology and products; manufactures and sells chemical drugs; designs, manufactures, and prints pharmaceutical packaging products, as well as sells other paper-based packaging materials; manufactures and sells elevators and escalators; operates financing leasing business; and provides port services. The company was incorporated in 1997 and is based in Central, Hong Kong. Tianjin Development Holdings Limited is a subsidiary of Tsinlien Group Company Limited.
Tianjin Development Dividend Announcement
• Tianjin Development announced a semi annually dividend of HK$0.05 per ordinary share which will be made payable on 2024-10-28. Ex dividend date: 2024-09-23
• Tianjin Development annual dividend for 2024 was HK$0.14
• Tianjin Development annual dividend for 2023 was HK$0.09
• Tianjin Development's trailing twelve-month (TTM) dividend yield is 7.1%
• Tianjin Development's payout ratio for the trailing twelve months (TTM) is 17.39%
• Tianjin Development's dividend growth over the last five years (2018-2023) was 2.76% year
Tianjin Development Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-23 | HK$0.05 | semi annually | 2024-10-28 |
| 2024-06-20 | HK$0.09 | semi annually | 2024-07-29 |
| 2023-09-25 | HK$0.03 | semi annually | 2023-10-30 |
| 2023-06-29 | HK$0.06 | semi annually | 2023-07-24 |
| 2022-09-26 | HK$0.03 | semi annually | 2022-10-28 |
| 2022-06-29 | HK$0.06 | semi annually | 2022-07-25 |
| 2021-09-24 | HK$0.03 | semi annually | 2021-10-29 |
| 2021-06-29 | HK$0.05 | semi annually | 2021-07-26 |
| 2020-09-24 | HK$0.03 | semi annually | 2020-10-30 |
| 2020-06-30 | HK$0.05 | semi annually | 2020-07-31 |
| 2019-09-23 | HK$0.03 | semi annually | 2019-10-28 |
| 2019-06-10 | HK$0.05 | semi annually | 2019-07-12 |
| 2018-09-21 | HK$0.03 | semi annually | 2018-10-29 |
| 2018-06-11 | HK$0.05 | semi annually | 2018-07-13 |
| 2017-09-25 | HK$0.04 | semi annually | 2017-10-30 |
| 2017-06-19 | HK$0.05 | semi annually | 2017-07-14 |
| 2016-09-26 | HK$0.05 | semi annually | |
| 2016-06-08 | HK$0.06 | semi annually | |
| 2015-09-21 | HK$0.05 | semi annually | |
| 2015-06-05 | HK$0.06 | semi annually | |
| 2014-09-22 | HK$0.04 | semi annually | |
| 2014-06-09 | HK$0.07 | semi annually | |
| 2009-09-24 | HK$0.05 | semi annually | |
| 2009-05-27 | HK$0.03 | semi annually |
Tianjin Development Dividend per year
Tianjin Development Dividend growth
Tianjin Development Dividend Yield
Tianjin Development current trailing twelve-month (TTM) dividend yield is 7.1%. Interested in purchasing Tianjin Development stock? Use our calculator to estimate your expected dividend yield:
Tianjin Development Financial Ratios
P/E ratio3.83
PEG ratio0.06
P/B ratio0.17
ROE4.41%
Payout ratio17.39%
Current ratio3.55
Quick ratio3.42
Cash Ratio1.34
Tianjin Development Dividend FAQ
How much is the next Tianjin Development dividend?
Tianjin Development's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tianjin Development dividend. The next Tianjin Development dividend will be released in June, or September.
When is Tianjin Development dividend paid?
Tianjin Development pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and September. 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 Tianjin Development pay?
The specific amount of Tianjin Development 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 Tianjin Development's dividend history.
Does Tianjin Development stock pay dividends?
Yes, Tianjin Development 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 Tianjin Development's dividend history.
How much dividend does Tianjin Development pay?
Tianjin Development paid HK$0.14 in 2024, HK$0.09 in 2023, HK$0.09 in 2022, HK$0.082 in 2021, and HK$0.078 in 2020.
How often does Tianjin Development pay dividends?
Tianjin Development typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and September.
What is Tianjin Development's dividend yield?
The current dividend yield for Tianjin Development is 7.1%. 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 Tianjin Development's exact dividend yield.
When does Tianjin Development go ex dividend?
Tianjin Development's ex-dividend date for the latest dividend was on 2024-09-23. Tianjin Development 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 Tianjin Development dividend paid?
Tianjin Development pays dividends on a semi annually basis, typically around June, or September, but the exact dates can vary each year.
Will Tianjin Development 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 Tianjin Development 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 Tianjin Development dividend per share?
Tianjin Development paid HK$0.14 per share in 2024 and HK$0.09 per share in 2023. The amount of dividend per share that Tianjin Development 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 Tianjin Development 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 Tianjin Development 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 Tianjin Development a dividend stock?
Yes, Tianjin Development is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tianjin Development a good dividend stock?
Whether Tianjin Development is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tianjin Development has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Tianjin Development 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.
Other factors to consider when evaluating Tianjin Development 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 Tianjin Development pay dividends monthly?
Tianjin Development typically pays dividends on a semi annually basis.
Does Tianjin Development pay dividends quarterly?
Tianjin Development currently pays dividends on a semi annually basis.
Has Tianjin Development ever paid a dividend?
Yes, Tianjin Development has a history of paying dividends to its shareholders. Tianjin Development is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tianjin Development dividend stocks?
To buy Tianjin Development 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 Tianjin Development 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.
Place an order: Use the brokerage's trading platform to place an order to buy Tianjin Development 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 Tianjin Development pay dividends 2024?
Tianjin Development pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-28. 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 Tianjin Development increase its dividend in 2024?
Decisions regarding Tianjin Development 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 Tianjin Development dividend overview you can look into the above table of dividend history.
How Tianjin Development dividend works?
The Tianjin Development 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 Tianjin Development's dividend process works:
1. Determination of Dividend: Tianjin Development'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, Tianjin Development 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, Tianjin Development 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 Tianjin Development 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. Determination of Dividend: Tianjin Development'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, Tianjin Development 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, Tianjin Development 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 Tianjin Development 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 Tianjin Development dividends paid?
Tianjin Development dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Tianjin Development 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, Tianjin Development distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tianjin Development 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.
1. Record Date: Tianjin Development 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, Tianjin Development distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tianjin Development 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 Tianjin Development pay dividends?
Tianjin Development typically pays dividends on a semi 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 Tianjin Development pay dividends?
The general pattern is that Tianjin Development pays dividends around June, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Tianjin Development dividend safe?
The safety of Tianjin Development'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 Tianjin Development'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 Tianjin Development'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.
To assess the safety of Tianjin Development'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 Tianjin Development'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.