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Tianneng Battery Group Co., Ltd., through its subsidiaries, engages in the research and development, production, sale, and service of lithium batteries for new energy vehicles, start-stop batteries for vehicles, and wind energy and solar energy storage batteries. The company offers lead-acid and lithium-ion power, traction, industrial backup, electric and mobile energy storage, starter, start-stop, on and off-grid, grid-connected, smart microgrid, and composite energy storage batteries. Its products are used in the fields of transportation, tourism and leisure, logistics and express delivery, sanitation cleaning, storage, communications, power, railways, ships, radio and television, UPS, digital and consumer products, and energy storage systems. The company was founded in 1986 and is headquartered in Changxing, China. Tianneng Battery Group Co., Ltd. operates as a subsidiary of Tianneng Power International Limited.

Tianneng Battery Dividend Announcement

Tianneng Battery announced a annually dividend of ¥0.65 per ordinary share which will be made payable on 2024-06-19. Ex dividend date: 2024-06-19
Tianneng Battery annual dividend for 2024 was ¥0.65
Tianneng Battery annual dividend for 2023 was ¥0.60
Tianneng Battery's trailing twelve-month (TTM) dividend yield is 2.23%
Tianneng Battery's payout ratio for the trailing twelve months (TTM) is 69.07%

Tianneng Battery Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-19¥0.65annually2024-06-19
2023-05-19¥0.60annually2023-05-19
2022-06-20¥0.60annually2022-06-20
2021-05-21¥0.60annually2021-05-21

Tianneng Battery Dividend per year

Tianneng Battery Dividend growth

Tianneng Battery Dividend Yield

Tianneng Battery current trailing twelve-month (TTM) dividend yield is 2.23%. Interested in purchasing Tianneng Battery stock? Use our calculator to estimate your expected dividend yield:

Tianneng Battery Financial Ratios

P/E ratio13.65
PEG ratio-7.08
P/B ratio1.77
ROE13.09%
Payout ratio69.07%
Current ratio1.27
Quick ratio0.96
Cash Ratio0.63

Tianneng Battery Dividend FAQ

How much is the next Tianneng Battery dividend?
Tianneng Battery's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tianneng Battery dividend. The next Tianneng Battery dividend will be released in May.
When is Tianneng Battery dividend paid?
Tianneng Battery pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Tianneng Battery pay?
The specific amount of Tianneng Battery 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 Tianneng Battery's dividend history.
Does Tianneng Battery stock pay dividends?
Yes, Tianneng Battery 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 Tianneng Battery's dividend history.
How much dividend does Tianneng Battery pay?
Tianneng Battery paid ¥0.65 in 2024, ¥0.6 in 2023, ¥0.6 in 2022, ¥0.6 in 2021, and ¥0.0 in 2020.
How often does Tianneng Battery pay dividends?
Tianneng Battery 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 May.
What is Tianneng Battery's dividend yield?
The current dividend yield for Tianneng Battery is 2.23%. 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 Tianneng Battery's exact dividend yield.
When does Tianneng Battery go ex dividend?
Tianneng Battery's ex-dividend date for the latest dividend was on 2024-06-19. Tianneng Battery 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 Tianneng Battery dividend paid?
Tianneng Battery pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Tianneng Battery 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 Tianneng Battery 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 Tianneng Battery dividend per share?
Tianneng Battery paid ¥0.65 per share in 2024 and ¥0.6 per share in 2023. The amount of dividend per share that Tianneng Battery 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 Tianneng Battery 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 Tianneng Battery 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 Tianneng Battery a dividend stock?
Yes, Tianneng Battery is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tianneng Battery a good dividend stock?
Whether Tianneng Battery is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tianneng Battery has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Tianneng Battery 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 Tianneng Battery pay dividends monthly?
Tianneng Battery typically pays dividends on a annually basis.
Does Tianneng Battery pay dividends quarterly?
Tianneng Battery currently pays dividends on a annually basis.
Has Tianneng Battery ever paid a dividend?
Yes, Tianneng Battery has a history of paying dividends to its shareholders. Tianneng Battery is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tianneng Battery dividend stocks?
To buy Tianneng Battery 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 Tianneng Battery 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 Tianneng Battery pay dividends 2024?
Tianneng Battery pays dividends on a annually basis. 2024 dividend payments are in 2024-06-19. 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 Tianneng Battery increase its dividend in 2024?
Decisions regarding Tianneng Battery 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 Tianneng Battery dividend overview you can look into the above table of dividend history.
How Tianneng Battery dividend works?
The Tianneng Battery 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 Tianneng Battery's dividend process works:

1. Determination of Dividend: Tianneng Battery'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, Tianneng Battery 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, Tianneng Battery 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 Tianneng Battery 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 Tianneng Battery dividends paid?
Tianneng Battery dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Tianneng Battery 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, Tianneng Battery distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Tianneng Battery 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 Tianneng Battery pay dividends?
Tianneng Battery 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 Tianneng Battery pay dividends?
The general pattern is that Tianneng Battery pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Tianneng Battery dividend safe?
The safety of Tianneng Battery'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 Tianneng Battery'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 Tianneng Battery'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.