Tibet Mineral Development Co., LTD engages in mining business. The company explores for chromite, copper, lithium, and boron deposits. The company products include electrolytic copper; industrial-grade lithium carbonate, monohydrate lithium hydroxide, and battery-grade lithium carbonate; and lithium batteries that are used in information products, video cameras, cameras, electric vehicles, and civilian power peak-shaving power supplies. It offers its products for nuclear energy, aerospace, and metallurgical industries applications. The company was incorporated in 1997 and is based in Lhasa, China.
Tibet Mineral Development Dividend Announcement
• Tibet Mineral Development announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-07-12 • Tibet Mineral Development annual dividend for 2024 was ¥0.10 • Tibet Mineral Development annual dividend for 2023 was ¥0.48 • Tibet Mineral Development 's trailing twelve-month (TTM) dividend yield is 2.43% • Tibet Mineral Development 's payout ratio for the trailing twelve months (TTM) is 161.94%
Tibet Mineral Development current trailing twelve-month (TTM) dividend yield is 2.43%. Interested in purchasing Tibet Mineral Development stock? Use our calculator to estimate your expected dividend yield:
Tibet Mineral Development Financial Ratios
P/E ratio61.54
PEG ratio-0.24
P/B ratio4.18
ROE6.92%
Payout ratio161.94%
Current ratio6.13
Quick ratio5.78
Cash Ratio5.16
Tibet Mineral Development Dividend FAQ
How much is the next Tibet Mineral Development dividend?
Tibet Mineral Development 's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tibet Mineral Development dividend. The next Tibet Mineral Development dividend will be released in November.
When is Tibet Mineral Development dividend paid?
Tibet Mineral Development pays dividends on a annually basis. The specific dates may vary each year but are generally around November. 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 Tibet Mineral Development pay?
The specific amount of Tibet Mineral Development 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 Tibet Mineral Development 's dividend history.
Does Tibet Mineral Development stock pay dividends?
Yes, Tibet Mineral Development 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 Tibet Mineral Development 's dividend history.
How much dividend does Tibet Mineral Development pay?
Tibet Mineral Development paid ¥0.1 in 2024, ¥0.481 in 2023, ¥0.0 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Tibet Mineral Development pay dividends?
Tibet Mineral Development 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 November.
What is Tibet Mineral Development 's dividend yield?
The current dividend yield for Tibet Mineral Development is 2.43%. 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 Tibet Mineral Development 's exact dividend yield.
When does Tibet Mineral Development go ex dividend?
Tibet Mineral Development 's ex-dividend date for the latest dividend was on 2024-07-12. Tibet Mineral Development 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 Tibet Mineral Development dividend paid?
Tibet Mineral Development pays dividends on a annually basis, typically around November, but the exact dates can vary each year.
Will Tibet Mineral Development 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 Tibet Mineral Development 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 Tibet Mineral Development dividend per share?
Tibet Mineral Development paid ¥0.1 per share in 2024 and ¥0.481 per share in 2023. The amount of dividend per share that Tibet Mineral Development 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 Tibet Mineral Development 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 Tibet Mineral Development 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 Tibet Mineral Development a dividend stock?
Yes, Tibet Mineral Development is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tibet Mineral Development a good dividend stock?
Whether Tibet Mineral Development is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tibet Mineral Development has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Tibet Mineral Development 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 Tibet Mineral Development pay dividends monthly?
Tibet Mineral Development typically pays dividends on a annually basis.
Does Tibet Mineral Development pay dividends quarterly?
Tibet Mineral Development currently pays dividends on a annually basis.
Has Tibet Mineral Development ever paid a dividend?
Yes, Tibet Mineral Development has a history of paying dividends to its shareholders. Tibet Mineral Development is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tibet Mineral Development dividend stocks?
To buy Tibet Mineral Development 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 Tibet Mineral Development 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 Tibet Mineral Development pay dividends 2024?
Tibet Mineral Development pays dividends on a annually basis. 2024 dividend payments are in 2024-07-12. 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 Tibet Mineral Development increase its dividend in 2024?
Decisions regarding Tibet Mineral Development 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 Tibet Mineral Development dividend overview you can look into the above table of dividend history.
How Tibet Mineral Development dividend works?
The Tibet Mineral Development 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 Tibet Mineral Development 's dividend process works:
1. Determination of Dividend: Tibet Mineral Development '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, Tibet Mineral Development 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, Tibet Mineral Development 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 Tibet Mineral Development 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 Tibet Mineral Development dividends paid?
Tibet Mineral Development dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Tibet Mineral Development 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, Tibet Mineral Development distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tibet Mineral Development 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 Tibet Mineral Development pay dividends?
Tibet Mineral Development 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 Tibet Mineral Development pay dividends?
The general pattern is that Tibet Mineral Development pays dividends around November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Tibet Mineral Development dividend safe?
The safety of Tibet Mineral Development '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 Tibet Mineral Development '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 Tibet Mineral Development '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.