company-logo

TianJin JinRong TianYu Precision Machinery Inc. engages in the research and development, production, and sale of precision metal molds and related products. The company provides electrical products, such as low-voltage power distribution, industrial automation, medium-voltage power distribution, and energy equipment precision parts; automotive products, including shock absorption parts, safety parts, air conditioning and seat parts, lightweight parts, etc.; and home, industrial, and commercial energy storage products. Its products cover electrical and automotive areas. The company was founded in 2004 and is based in Tianjin, China.

TianJin JinRong TianYu Precision Machinery Dividend Announcement

TianJin JinRong TianYu Precision Machinery announced a annually dividend of ¥0.17 per ordinary share which will be made payable on 2024-06-27. Ex dividend date: 2024-06-27
TianJin JinRong TianYu Precision Machinery annual dividend for 2024 was ¥0.17
TianJin JinRong TianYu Precision Machinery annual dividend for 2023 was ¥0.16
TianJin JinRong TianYu Precision Machinery's trailing twelve-month (TTM) dividend yield is 1.71%
TianJin JinRong TianYu Precision Machinery's payout ratio for the trailing twelve months (TTM) is 59.90%

TianJin JinRong TianYu Precision Machinery Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-27¥0.17annually2024-06-27
2023-11-27¥0.16annually2023-11-27
2022-05-20¥0.54annually2022-05-20
2021-08-02¥0.40annually2021-08-02

TianJin JinRong TianYu Precision Machinery Dividend per year

TianJin JinRong TianYu Precision Machinery Dividend growth

TianJin JinRong TianYu Precision Machinery Dividend Yield

TianJin JinRong TianYu Precision Machinery current trailing twelve-month (TTM) dividend yield is 1.71%. Interested in purchasing TianJin JinRong TianYu Precision Machinery stock? Use our calculator to estimate your expected dividend yield:

TianJin JinRong TianYu Precision Machinery Financial Ratios

P/E ratio30.57
PEG ratio0.31
P/B ratio2.25
ROE7.50%
Payout ratio59.90%
Current ratio1.49
Quick ratio0.93
Cash Ratio0.28

TianJin JinRong TianYu Precision Machinery Dividend FAQ

How much is the next TianJin JinRong TianYu Precision Machinery dividend?
TianJin JinRong TianYu Precision Machinery'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 JinRong TianYu Precision Machinery dividend. The next TianJin JinRong TianYu Precision Machinery dividend will be released in November.
When is TianJin JinRong TianYu Precision Machinery dividend paid?
TianJin JinRong TianYu Precision Machinery pays dividends on a annually basis. The specific dates may vary each year but are generally around November. 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 JinRong TianYu Precision Machinery pay?
The specific amount of TianJin JinRong TianYu Precision Machinery 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 JinRong TianYu Precision Machinery's dividend history.
Does TianJin JinRong TianYu Precision Machinery stock pay dividends?
Yes, TianJin JinRong TianYu Precision Machinery 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 JinRong TianYu Precision Machinery's dividend history.
How much dividend does TianJin JinRong TianYu Precision Machinery pay?
TianJin JinRong TianYu Precision Machinery paid ¥0.167 in 2024, ¥0.158 in 2023, ¥0.54 in 2022, ¥0.4 in 2021, and ¥0.0 in 2020.
How often does TianJin JinRong TianYu Precision Machinery pay dividends?
TianJin JinRong TianYu Precision Machinery 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 November.
What is TianJin JinRong TianYu Precision Machinery's dividend yield?
The current dividend yield for TianJin JinRong TianYu Precision Machinery is 1.71%. 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 JinRong TianYu Precision Machinery's exact dividend yield.
When does TianJin JinRong TianYu Precision Machinery go ex dividend?
TianJin JinRong TianYu Precision Machinery's ex-dividend date for the latest dividend was on 2024-06-27. TianJin JinRong TianYu Precision Machinery 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 JinRong TianYu Precision Machinery dividend paid?
TianJin JinRong TianYu Precision Machinery pays dividends on a annually basis, typically around November, but the exact dates can vary each year.
Will TianJin JinRong TianYu Precision Machinery 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 JinRong TianYu Precision Machinery 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 JinRong TianYu Precision Machinery dividend per share?
TianJin JinRong TianYu Precision Machinery paid ¥0.167 per share in 2024 and ¥0.158 per share in 2023. The amount of dividend per share that TianJin JinRong TianYu Precision Machinery 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 JinRong TianYu Precision Machinery 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 JinRong TianYu Precision Machinery 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 JinRong TianYu Precision Machinery a dividend stock?
Yes, TianJin JinRong TianYu Precision Machinery is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is TianJin JinRong TianYu Precision Machinery a good dividend stock?
Whether TianJin JinRong TianYu Precision Machinery 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 JinRong TianYu Precision Machinery has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating TianJin JinRong TianYu Precision Machinery 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 JinRong TianYu Precision Machinery pay dividends monthly?
TianJin JinRong TianYu Precision Machinery typically pays dividends on a annually basis.
Does TianJin JinRong TianYu Precision Machinery pay dividends quarterly?
TianJin JinRong TianYu Precision Machinery currently pays dividends on a annually basis.
Has TianJin JinRong TianYu Precision Machinery ever paid a dividend?
Yes, TianJin JinRong TianYu Precision Machinery has a history of paying dividends to its shareholders. TianJin JinRong TianYu Precision Machinery is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy TianJin JinRong TianYu Precision Machinery dividend stocks?
To buy TianJin JinRong TianYu Precision Machinery 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 JinRong TianYu Precision Machinery 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 JinRong TianYu Precision Machinery pay dividends 2024?
TianJin JinRong TianYu Precision Machinery pays dividends on a annually basis. 2024 dividend payments are in 2024-06-27. 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 JinRong TianYu Precision Machinery increase its dividend in 2024?
Decisions regarding TianJin JinRong TianYu Precision Machinery 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 JinRong TianYu Precision Machinery dividend overview you can look into the above table of dividend history.
How TianJin JinRong TianYu Precision Machinery dividend works?
The TianJin JinRong TianYu Precision Machinery 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 JinRong TianYu Precision Machinery's dividend process works:

1. Determination of Dividend: TianJin JinRong TianYu Precision Machinery'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 JinRong TianYu Precision Machinery 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 JinRong TianYu Precision Machinery 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 JinRong TianYu Precision Machinery 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 JinRong TianYu Precision Machinery dividends paid?
TianJin JinRong TianYu Precision Machinery dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: TianJin JinRong TianYu Precision Machinery 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 JinRong TianYu Precision Machinery 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 JinRong TianYu Precision Machinery 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 JinRong TianYu Precision Machinery pay dividends?
TianJin JinRong TianYu Precision Machinery 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 TianJin JinRong TianYu Precision Machinery pay dividends?
The general pattern is that TianJin JinRong TianYu Precision Machinery pays dividends around November. 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 JinRong TianYu Precision Machinery dividend safe?
The safety of TianJin JinRong TianYu Precision Machinery'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 JinRong TianYu Precision Machinery'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 JinRong TianYu Precision Machinery'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.