Tong Ren Tang Technologies Co. Ltd. manufactures and sells Chinese medicine products in Mainland China and Hong Kong. The company also cultivates, purchases, and sells Chinese medicinal raw materials; produces and sells ointment, tea drinks, and foot care products; sells medicinal products; and provides medical research and development, advertisement, and Chinese medical consultation and treatment services. In addition, it is involved in the technological development and sale of biological products, Chinese and Western medicines, cosmetics, and healthcare products; wholesale and retail sale of Chinese medicines and healthcare products; and internal and external surgery, medical examination, and hospital management activities. Further, it produces and processes biochemical products; extracts and processes plants; and produces food and daily chemical products, and medical services. The company was founded in 1669 and is based in Beijing, the People's Republic of China.
Tong Ren Tang Technologies Dividend Announcement
• Tong Ren Tang Technologies announced a annually dividend of HK$0.20 per ordinary share which will be made payable on 2024-08-09. Ex dividend date: 2024-06-14
• Tong Ren Tang Technologies annual dividend for 2024 was HK$0.20
• Tong Ren Tang Technologies annual dividend for 2023 was HK$0.18
• Tong Ren Tang Technologies's trailing twelve-month (TTM) dividend yield is 3.66%
• Tong Ren Tang Technologies's payout ratio for the trailing twelve months (TTM) is 33.68%
• Tong Ren Tang Technologies's dividend growth over the last five years (2018-2023) was -3.34% year
• Tong Ren Tang Technologies's dividend growth over the last ten years (2013-2023) was -3.46% year
Tong Ren Tang Technologies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-14 | HK$0.20 | annually | 2024-08-09 |
2023-06-19 | HK$0.18 | annually | 2023-08-14 |
2022-06-20 | HK$0.19 | annually | 2022-08-15 |
2021-06-10 | HK$0.19 | annually | 2021-08-05 |
2020-06-22 | HK$0.18 | annually | 2020-08-17 |
2019-06-13 | HK$0.20 | annually | 2019-08-08 |
2018-06-14 | HK$0.21 | annually | 2018-08-10 |
2017-06-15 | HK$0.18 | annually | 2017-08-11 |
2016-06-21 | HK$0.18 | annually | 2016-08-15 |
2015-06-12 | HK$0.18 | annually | 2015-08-06 |
2014-06-17 | HK$0.31 | annually | 2014-08-08 |
2013-06-20 | HK$0.25 | annually | 2013-07-26 |
Tong Ren Tang Technologies Dividend per year
Tong Ren Tang Technologies Dividend growth
Tong Ren Tang Technologies Dividend Yield
Tong Ren Tang Technologies current trailing twelve-month (TTM) dividend yield is 3.66%. Interested in purchasing Tong Ren Tang Technologies stock? Use our calculator to estimate your expected dividend yield:
Tong Ren Tang Technologies Financial Ratios
Tong Ren Tang Technologies Dividend FAQ
Other factors to consider when evaluating Tong Ren Tang Technologies 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: Tong Ren Tang Technologies'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, Tong Ren Tang Technologies 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, Tong Ren Tang Technologies 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 Tong Ren Tang Technologies 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: Tong Ren Tang Technologies 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, Tong Ren Tang Technologies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tong Ren Tang Technologies 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 Tong Ren Tang Technologies'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 Tong Ren Tang Technologies'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.