Tianjin Pengling Group Co., Ltd. researches, develops, designs, produces, and sells automotive fluid pipelines and automotive seal products for automotive manufacturers and vehicle powertrain manufacturers in China and internationally. It offers automotive cooling, automotive fuel, automotive air conditioning, automotive oil air, transmission oil cooling, automobile turbocharged, automobile vacuum brake, and automobile molded pipeline assembly products; and automobile sunroof drainage pipeline products. The company also provides fluid pipeline products, such as turbo line, air filter line, sunroof drain line, air conditioning pipeline, cooling line, oil cooler piping, vacuum line, oil and gas pipeline, and fuel line products; and vehicle seals, including door frame seals, window frame seals, water cut inside and outside doors, front and rear windshield seals, engine compartment seals, trunk seals, sunroof seals, and roof seals trim products. In addition, it offers automotive rubber hoses and sealing strip products. The company was formerly known as Tianjin Pengling Rubber Hose Co., Ltd. and changed its name to Tianjin Pengling Group Co., Ltd. in June 2018. Tianjin Pengling Group Co., Ltd. was founded in 1988 and is based in Tianjin, China.
Tianjin Pengling Dividend Announcement
• Tianjin Pengling announced a annually dividend of ¥0.04 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-07-12
• Tianjin Pengling annual dividend for 2024 was ¥0.04
• Tianjin Pengling annual dividend for 2023 was ¥0.05
• Tianjin Pengling's trailing twelve-month (TTM) dividend yield is 0.7%
Tianjin Pengling Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-12 | ¥0.04 | annually | 2024-07-12 |
2023-07-05 | ¥0.05 | annually | 2023-07-05 |
2022-05-27 | ¥0.05 | annually | 2022-05-27 |
2019-05-16 | ¥0.11 | annually | 2019-05-16 |
2018-05-07 | ¥0.30 | annually | 2018-05-07 |
2017-04-18 | ¥0.24 | annually | 2017-04-18 |
2016-04-20 | ¥0.20 | annually | |
2015-05-08 | ¥0.34 | annually | |
2014-05-09 | ¥0.30 | annually |
Tianjin Pengling Dividend per year
Tianjin Pengling Dividend growth
Tianjin Pengling Dividend Yield
Tianjin Pengling current trailing twelve-month (TTM) dividend yield is 0.7%. Interested in purchasing Tianjin Pengling stock? Use our calculator to estimate your expected dividend yield:
Tianjin Pengling Financial Ratios
Tianjin Pengling Dividend FAQ
Other factors to consider when evaluating Tianjin Pengling 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: Tianjin Pengling'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 Pengling 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 Pengling 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 Pengling 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: Tianjin Pengling 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 Pengling 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 Pengling 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 Tianjin Pengling'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 Pengling'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.