Tianjin TEDA Co., Ltd. engages in ecological environmental protection, regional development, energy trade, and equity investment businesses in China. It is involved in the development and utilization of renewable energy, such as municipal solid waste incineration power generation, sanitary landfill, and biomass power generation; and the provision of services for the treatment of domestic garbage, as well as utilization of waste heat from the incineration of waste to generate electricity. The company also engages in the land consolidation, municipal supporting construction, and development of residential, commercial complex, and security housing and other projects. In addition, it trades in refined oil; petrochemical products, such as gasoline, diesel, fuel oil, aromatic, naphtha, and lubricants; and non-ferrous metals, including copper, manganese ore, and electrolytic copper; and offers services for non-ferrous metals, petroleum, and petrochemical products, as well as engages in warehousing management. Further, the company is involved in equity investments. Tianjin Teda Co., Ltd. is based in Tianjin, China.
Tianjin Teda Dividend Announcement
• Tianjin Teda 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 Teda annual dividend for 2024 was ¥0.04
• Tianjin Teda annual dividend for 2023 was ¥0.02
• Tianjin Teda's trailing twelve-month (TTM) dividend yield is 0.87%
• Tianjin Teda's payout ratio for the trailing twelve months (TTM) is 526.25%
• Tianjin Teda's dividend growth over the last five years (2018-2023) was -10.59% year
Tianjin Teda Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-12 | ¥0.04 | annually | 2024-07-12 |
2023-06-28 | ¥0.02 | annually | 2023-06-28 |
2022-07-05 | ¥0.01 | annually | 2022-07-05 |
2021-07-08 | ¥0.01 | annually | 2021-07-08 |
2020-07-07 | ¥0.04 | annually | 2020-07-07 |
2019-06-13 | ¥0.04 | annually | 2019-06-13 |
2018-06-07 | ¥0.04 | annually | 2018-06-07 |
2017-07-06 | ¥0.01 | annually | 2017-07-06 |
2016-08-30 | ¥0.01 | annually | |
2015-07-03 | ¥0.01 | annually | |
2014-07-30 | ¥0.01 | annually | |
2011-05-31 | ¥0.10 | annually |
Tianjin Teda Dividend per year
Tianjin Teda Dividend growth
Tianjin Teda Dividend Yield
Tianjin Teda current trailing twelve-month (TTM) dividend yield is 0.87%. Interested in purchasing Tianjin Teda stock? Use our calculator to estimate your expected dividend yield:
Tianjin Teda Financial Ratios
Tianjin Teda Dividend FAQ
Other factors to consider when evaluating Tianjin Teda 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 Teda'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 Teda 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 Teda 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 Teda 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 Teda 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 Teda 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 Teda 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 Teda'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 Teda'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.