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Tongling Nonferrous Metals Group Co., Ltd. engages in the exploration, mining, smelting, and processing of copper. The company offers copper cathodes, copper processing materials, copper flat wires, low oxygen copper rods, anodic phosphor bronzes, enameled round copper wires, cables, brass bars, precision copper and copper alloy plates, paper bag flat wires, enameled copper flat wires, transposed wires, and electronic copper foils. It also provides silver, sulfur concentrate products, monosulfide, sulfuric acid, crude nickel sulfate, mineral products, gold and concentrates, iron powder and pellets, and converter slag iron products. The company was founded in 1992 and is based in Tongling, China.

Tongling Nonferrous Metals Dividend Announcement

Tongling Nonferrous Metals announced a annually dividend of ¥0.08 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-07
Tongling Nonferrous Metals annual dividend for 2024 was ¥0.08
Tongling Nonferrous Metals annual dividend for 2023 was ¥0.05
Tongling Nonferrous Metals's trailing twelve-month (TTM) dividend yield is 2.23%
Tongling Nonferrous Metals's payout ratio for the trailing twelve months (TTM) is 75.59%
Tongling Nonferrous Metals's dividend growth over the last five years (2018-2023) was 20.11% year

Tongling Nonferrous Metals Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-07¥0.08annually2024-06-07
2023-06-02¥0.05annually2023-06-02
2022-05-23¥0.10annually2022-05-23
2021-05-31¥0.04annually2021-05-31
2020-06-22¥0.01annually2020-06-22
2019-05-30¥0.03annually2019-05-30
2018-06-15¥0.02annually2018-06-15
2015-09-24¥0.06annually
2015-06-02¥0.05annually
2014-05-29¥0.10annually
2013-05-14¥0.10annually
2012-06-06¥0.10annually
2011-06-24¥0.10annually

Tongling Nonferrous Metals Dividend per year

Tongling Nonferrous Metals Dividend growth

Tongling Nonferrous Metals Dividend Yield

Tongling Nonferrous Metals current trailing twelve-month (TTM) dividend yield is 2.23%. Interested in purchasing Tongling Nonferrous Metals stock? Use our calculator to estimate your expected dividend yield:

Tongling Nonferrous Metals Financial Ratios

P/E ratio15.74
PEG ratio2.89
P/B ratio1.34
ROE8.68%
Payout ratio75.59%
Current ratio1.64
Quick ratio1.00
Cash Ratio0.37

Tongling Nonferrous Metals Dividend FAQ

How much is the next Tongling Nonferrous Metals dividend?
Tongling Nonferrous Metals's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tongling Nonferrous Metals dividend. The next Tongling Nonferrous Metals dividend will be released in June.
When is Tongling Nonferrous Metals dividend paid?
Tongling Nonferrous Metals pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Tongling Nonferrous Metals pay?
The specific amount of Tongling Nonferrous Metals 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 Tongling Nonferrous Metals's dividend history.
Does Tongling Nonferrous Metals stock pay dividends?
Yes, Tongling Nonferrous Metals 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 Tongling Nonferrous Metals's dividend history.
How much dividend does Tongling Nonferrous Metals pay?
Tongling Nonferrous Metals paid ¥0.079 in 2024, ¥0.05 in 2023, ¥0.1 in 2022, ¥0.04 in 2021, and ¥0.01 in 2020.
How often does Tongling Nonferrous Metals pay dividends?
Tongling Nonferrous Metals 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 June.
What is Tongling Nonferrous Metals's dividend yield?
The current dividend yield for Tongling Nonferrous Metals is 2.23%. 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 Tongling Nonferrous Metals's exact dividend yield.
When does Tongling Nonferrous Metals go ex dividend?
Tongling Nonferrous Metals's ex-dividend date for the latest dividend was on 2024-06-07. Tongling Nonferrous Metals 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 Tongling Nonferrous Metals dividend paid?
Tongling Nonferrous Metals pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Tongling Nonferrous Metals 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 Tongling Nonferrous Metals 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 Tongling Nonferrous Metals dividend per share?
Tongling Nonferrous Metals paid ¥0.079 per share in 2024 and ¥0.05 per share in 2023. The amount of dividend per share that Tongling Nonferrous Metals 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 Tongling Nonferrous Metals 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 Tongling Nonferrous Metals 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 Tongling Nonferrous Metals a dividend stock?
Yes, Tongling Nonferrous Metals is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tongling Nonferrous Metals a good dividend stock?
Whether Tongling Nonferrous Metals is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tongling Nonferrous Metals has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Tongling Nonferrous Metals 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 Tongling Nonferrous Metals pay dividends monthly?
Tongling Nonferrous Metals typically pays dividends on a annually basis.
Does Tongling Nonferrous Metals pay dividends quarterly?
Tongling Nonferrous Metals currently pays dividends on a annually basis.
Has Tongling Nonferrous Metals ever paid a dividend?
Yes, Tongling Nonferrous Metals has a history of paying dividends to its shareholders. Tongling Nonferrous Metals is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tongling Nonferrous Metals dividend stocks?
To buy Tongling Nonferrous Metals 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 Tongling Nonferrous Metals 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 Tongling Nonferrous Metals pay dividends 2024?
Tongling Nonferrous Metals pays dividends on a annually basis. 2024 dividend payments are in 2024-06-07. 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 Tongling Nonferrous Metals increase its dividend in 2024?
Decisions regarding Tongling Nonferrous Metals 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 Tongling Nonferrous Metals dividend overview you can look into the above table of dividend history.
How Tongling Nonferrous Metals dividend works?
The Tongling Nonferrous Metals 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 Tongling Nonferrous Metals's dividend process works:

1. Determination of Dividend: Tongling Nonferrous Metals'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, Tongling Nonferrous Metals 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, Tongling Nonferrous Metals 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 Tongling Nonferrous Metals 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 Tongling Nonferrous Metals dividends paid?
Tongling Nonferrous Metals dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Tongling Nonferrous Metals 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, Tongling Nonferrous Metals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Tongling Nonferrous Metals 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 Tongling Nonferrous Metals pay dividends?
Tongling Nonferrous Metals 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 Tongling Nonferrous Metals pay dividends?
The general pattern is that Tongling Nonferrous Metals pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Tongling Nonferrous Metals dividend safe?
The safety of Tongling Nonferrous Metals'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 Tongling Nonferrous Metals'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 Tongling Nonferrous Metals'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.