Tianrun Industry Technology Co., Ltd. manufactures and sells internal combustion engine crankshafts in China. It offers passenger car, light, medium and heavy, and marine engine crankshafts, as well as engineering machinery, generator sets, etc. The company also provides connecting rods, castings and forgings products, and air suspension products. It markets and sells its products through a network of agents and franchisees under the TIAN brand name. It also exports its products to South Korea, India, Turkey, the United Kingdom, Italy, Japan, Brazil, the United States, and internationally. The company was formerly known as Tianrun Crankshaft Co., Ltd. and changed its name to Tianrun Industry Technology Co., Ltd. in April 2020. Tianrun Industry Technology Co., Ltd. was founded in 1954 and is based in Weihai, China.
Tianrun Industry Technology Dividend Announcement
• Tianrun Industry Technology announced a annually dividend of ¥0.23 per ordinary share which will be made payable on 2024-04-26. Ex dividend date: 2024-04-26
• Tianrun Industry Technology annual dividend for 2024 was ¥0.23
• Tianrun Industry Technology annual dividend for 2023 was ¥0.05
• Tianrun Industry Technology's trailing twelve-month (TTM) dividend yield is 4.62%
• Tianrun Industry Technology's payout ratio for the trailing twelve months (TTM) is 91.28%
• Tianrun Industry Technology's dividend growth over the last five years (2018-2023) was 10.76% year
• Tianrun Industry Technology's dividend growth over the last ten years (2013-2023) was 12.79% year
Tianrun Industry Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-26 | ¥0.23 | annually | 2024-04-26 |
2023-07-12 | ¥0.05 | annually | 2023-07-12 |
2022-07-08 | ¥0.10 | annually | 2022-07-08 |
2021-06-25 | ¥0.05 | annually | 2021-06-25 |
2020-07-10 | ¥0.04 | annually | 2020-07-10 |
2019-06-20 | ¥0.03 | annually | 2019-06-20 |
2018-07-05 | ¥0.03 | annually | 2018-07-05 |
2017-06-23 | ¥0.02 | annually | 2017-06-23 |
2016-07-28 | ¥0.04 | annually | |
2015-07-09 | ¥0.02 | annually | |
2014-08-08 | ¥0.02 | annually | |
2013-07-25 | ¥0.01 | annually |
Tianrun Industry Technology Dividend per year
Tianrun Industry Technology Dividend growth
Tianrun Industry Technology Dividend Yield
Tianrun Industry Technology current trailing twelve-month (TTM) dividend yield is 4.62%. Interested in purchasing Tianrun Industry Technology stock? Use our calculator to estimate your expected dividend yield:
Tianrun Industry Technology Financial Ratios
Tianrun Industry Technology Dividend FAQ
Other factors to consider when evaluating Tianrun Industry 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.
Place an order: Use the brokerage's trading platform to place an order to buy Tianrun Industry 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.
1. Determination of Dividend: Tianrun Industry 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, Tianrun Industry 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, Tianrun Industry 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 Tianrun Industry 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.
1. Record Date: Tianrun Industry 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, Tianrun Industry 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: Tianrun Industry 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.
To assess the safety of Tianrun Industry 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 Tianrun Industry 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.