Tianneng Power International Limited, an investment holding company, engages in the production of motive batteries in the People's Republic of China and internationally. It operates in two segments, Sales of Batteries and Battery Related Accessories; and Trading of New Energy Materials. The company offers high-end eco-friendly batteries, such as two and three wheeled electric vehicle, start-stop, energy storage and backup, mini electric vehicle, and special electric vehicle batteries; new energy batteries, including lithium-ion and fuel cell batteries; and renewable new materials. It is also involved in recycling and cyclic utilization of waste batteries; and construction of smart micro-grids in cities, as well as building of green and smart industrial parks. In addition, it manufactures and sells electrode plates; sells metal materials; and offers finance lease. The company was founded in 1986 and is based in Wan Chai, Hong Kong.
Tianneng Power International Dividend Announcement
• Tianneng Power International announced a annually dividend of HK$0.43 per ordinary share which will be made payable on 2024-07-08. Ex dividend date: 2024-06-13
• Tianneng Power International annual dividend for 2024 was HK$0.43
• Tianneng Power International annual dividend for 2023 was HK$0.40
• Tianneng Power International's trailing twelve-month (TTM) dividend yield is 6.02%
• Tianneng Power International's payout ratio for the trailing twelve months (TTM) is 21.22%
• Tianneng Power International's dividend growth over the last five years (2018-2023) was 1.57% year
Tianneng Power International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-13 | HK$0.43 | annually | 2024-07-08 |
2023-06-13 | HK$0.40 | annually | 2023-07-07 |
2022-06-01 | HK$0.40 | annually | 2022-07-08 |
2021-06-24 | HK$0.40 | annually | 2021-07-30 |
2020-05-27 | HK$0.39 | annually | 2020-06-29 |
2019-05-24 | HK$0.38 | annually | 2019-06-28 |
2018-05-23 | HK$0.37 | annually | 2018-06-29 |
2017-05-29 | HK$0.26 | annually | 2017-06-30 |
2016-05-30 | HK$0.32 | annually | |
2014-05-21 | HK$0.05 | annually | |
2013-05-22 | HK$0.24 | annually | |
2012-05-16 | HK$0.21 | annually |
Tianneng Power International Dividend per year
Tianneng Power International Dividend growth
Tianneng Power International Dividend Yield
Tianneng Power International current trailing twelve-month (TTM) dividend yield is 6.02%. Interested in purchasing Tianneng Power International stock? Use our calculator to estimate your expected dividend yield:
Tianneng Power International Financial Ratios
Tianneng Power International Dividend FAQ
Other factors to consider when evaluating Tianneng Power International 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: Tianneng Power International'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 Power International 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 Power International 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 Power International 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: Tianneng Power International 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 Power International 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 Power International 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 Tianneng Power International'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 Power International'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.