Tianjin Saixiang Technology Co.,Ltd engages in the development and production of radial tire production equipment in China. The company also offers transportation jigs; machining systems for robot industry, including surface polishing, casting machining, welding, painting, rubber coating, assembling and transportation, etc.; and logistics system, automobile manufacturing equipment, and automobile exhibition equipment. It also exports its products to France, the United States, Germany, Japan, England, Italy, and India. Tianjin Saixiang Technology Co.,Ltd was founded in 1989 and is based in Tianjin, China.
Tianjinixiang Technology Dividend Announcement
• Tianjinixiang Technology announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06 • Tianjinixiang Technology annual dividend for 2024 was ¥0.03 • Tianjinixiang Technology's trailing twelve-month (TTM) dividend yield is 0.71% • Tianjinixiang Technology's payout ratio for the trailing twelve months (TTM) is 55.05%
Tianjinixiang Technology current trailing twelve-month (TTM) dividend yield is 0.71%. Interested in purchasing Tianjinixiang Technology stock? Use our calculator to estimate your expected dividend yield:
Tianjinixiang Technology Financial Ratios
P/E ratio54.26
PEG ratio-5.96
P/B ratio2.12
ROE3.96%
Payout ratio55.05%
Current ratio2.68
Quick ratio1.85
Cash Ratio0.86
Tianjinixiang Technology Dividend FAQ
How much is the next Tianjinixiang Technology dividend?
Tianjinixiang Technology's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tianjinixiang Technology dividend. The next Tianjinixiang Technology dividend will be released in .
When is Tianjinixiang Technology dividend paid?
Tianjinixiang Technology pays dividends on a annually basis. The specific dates may vary each year but are generally around . 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 Tianjinixiang Technology pay?
The specific amount of Tianjinixiang Technology 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 Tianjinixiang Technology's dividend history.
Does Tianjinixiang Technology stock pay dividends?
Yes, Tianjinixiang Technology 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 Tianjinixiang Technology's dividend history.
How much dividend does Tianjinixiang Technology pay?
Tianjinixiang Technology paid ¥0.033 in 2024, ¥0.0 in 2023, ¥0.0 in 2022, ¥0.0 in 2021, and ¥0.02 in 2020.
How often does Tianjinixiang Technology pay dividends?
Tianjinixiang Technology 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 .
What is Tianjinixiang Technology's dividend yield?
The current dividend yield for Tianjinixiang Technology is 0.71%. 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 Tianjinixiang Technology's exact dividend yield.
When does Tianjinixiang Technology go ex dividend?
Tianjinixiang Technology's ex-dividend date for the latest dividend was on 2024-06-06. Tianjinixiang Technology 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 Tianjinixiang Technology dividend paid?
Tianjinixiang Technology pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Tianjinixiang Technology 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 Tianjinixiang Technology 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 Tianjinixiang Technology dividend per share?
Tianjinixiang Technology paid ¥0.033 per share in 2024 and ¥0.0 per share in 2023. The amount of dividend per share that Tianjinixiang Technology 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 Tianjinixiang Technology 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 Tianjinixiang Technology 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 Tianjinixiang Technology a dividend stock?
Yes, Tianjinixiang Technology is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tianjinixiang Technology a good dividend stock?
Whether Tianjinixiang Technology is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tianjinixiang Technology has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Tianjinixiang Technology 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 Tianjinixiang Technology pay dividends monthly?
Tianjinixiang Technology typically pays dividends on a annually basis.
Does Tianjinixiang Technology pay dividends quarterly?
Tianjinixiang Technology currently pays dividends on a annually basis.
Has Tianjinixiang Technology ever paid a dividend?
Yes, Tianjinixiang Technology has a history of paying dividends to its shareholders. Tianjinixiang Technology is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tianjinixiang Technology dividend stocks?
To buy Tianjinixiang Technology 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 Tianjinixiang Technology 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 Tianjinixiang Technology pay dividends 2024?
Tianjinixiang Technology pays dividends on a annually basis. 2024 dividend payments are in 2024-06-06. 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 Tianjinixiang Technology increase its dividend in 2024?
Decisions regarding Tianjinixiang Technology 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 Tianjinixiang Technology dividend overview you can look into the above table of dividend history.
How Tianjinixiang Technology dividend works?
The Tianjinixiang Technology 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 Tianjinixiang Technology's dividend process works:
1. Determination of Dividend: Tianjinixiang Technology'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, Tianjinixiang Technology 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, Tianjinixiang Technology 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 Tianjinixiang Technology 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 Tianjinixiang Technology dividends paid?
Tianjinixiang Technology dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Tianjinixiang Technology 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, Tianjinixiang Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tianjinixiang Technology 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 Tianjinixiang Technology pay dividends?
Tianjinixiang Technology 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 Tianjinixiang Technology pay dividends?
The general pattern is that Tianjinixiang Technology pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Tianjinixiang Technology dividend safe?
The safety of Tianjinixiang Technology'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 Tianjinixiang Technology'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 Tianjinixiang Technology'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.