Tofflon Science and Technology Group Co., Ltd. operates as a pharmaceutical equipment supplier for the pharma and biotech industries worldwide. It offers injectables, such as auto solution preparation systems, aseptic filling lines for ampoule, vials, syringes and powders, freeze dryer and auto loading systems, barrier systems, and plastic packaging machines. The company also provides active pharmaceutical ingredients; and visual inspection, leak detection, and combination systems, as well as focuses on providing bio-process equipment and integrated systems, including medium preparation, cell/microbial cultivation, harvesting, DF/UF, purification, buffer preparation, and finished filling systems. In addition, it offers lyophilization injectable lab services. The company was formerly known as Shanghai Tofflon Science and Technology Co., Ltd. The company was founded in 1993 and is headquartered in Shanghai, China.
Tofflon Science and Technology Dividend Announcement
• Tofflon Science and Technology announced a annually dividend of ¥0.24 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-07-12
• Tofflon Science and Technology annual dividend for 2024 was ¥0.24
• Tofflon Science and Technology annual dividend for 2023 was ¥0.33
• Tofflon Science and Technology's trailing twelve-month (TTM) dividend yield is 1.6%
• Tofflon Science and Technology's payout ratio for the trailing twelve months (TTM) is 147.02%
• Tofflon Science and Technology's dividend growth over the last five years (2018-2023) was 40.44% year
• Tofflon Science and Technology's dividend growth over the last ten years (2013-2023) was -3.55% year
Tofflon Science and Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-12 | ¥0.24 | annually | 2024-07-12 |
2023-06-29 | ¥0.33 | annually | 2023-06-29 |
2022-06-10 | ¥0.39 | annually | 2022-06-10 |
2021-06-16 | ¥0.22 | annually | 2021-06-16 |
2020-06-04 | ¥0.07 | annually | 2020-06-04 |
2019-06-13 | ¥0.04 | annually | 2019-06-13 |
2018-07-16 | ¥0.06 | annually | 2018-07-16 |
2017-07-11 | ¥0.10 | annually | 2017-07-11 |
2016-06-29 | ¥0.30 | annually | |
2015-06-19 | ¥0.50 | annually | |
2014-07-09 | ¥0.68 | annually | |
2013-06-06 | ¥0.47 | annually |
Tofflon Science and Technology Dividend per year
Tofflon Science and Technology Dividend growth
Tofflon Science and Technology Dividend Yield
Tofflon Science and Technology current trailing twelve-month (TTM) dividend yield is 1.6%. Interested in purchasing Tofflon Science and Technology stock? Use our calculator to estimate your expected dividend yield:
Tofflon Science and Technology Financial Ratios
Tofflon Science and Technology Dividend FAQ
Other factors to consider when evaluating Tofflon Science and 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.
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1. Determination of Dividend: Tofflon Science and 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, Tofflon Science and 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, Tofflon Science and 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 Tofflon Science and 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: Tofflon Science and 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, Tofflon Science and 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: Tofflon Science and 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 Tofflon Science and 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 Tofflon Science and 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.