Tongqinglou Catering Co., Ltd. provides catering services in China. It also operates hotels and restaurants. The company was founded in 2005 and is based in Hefei, China.
Tongqinglou Catering Dividend Announcement
• Tongqinglou Catering announced a annually dividend of ¥0.41 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-07-19 • Tongqinglou Catering annual dividend for 2024 was ¥0.41 • Tongqinglou Catering annual dividend for 2023 was ¥0.07 • Tongqinglou Catering's trailing twelve-month (TTM) dividend yield is 1.96% • Tongqinglou Catering's payout ratio for the trailing twelve months (TTM) is 1.46%
Tongqinglou Catering current trailing twelve-month (TTM) dividend yield is 1.96%. Interested in purchasing Tongqinglou Catering stock? Use our calculator to estimate your expected dividend yield:
Tongqinglou Catering Financial Ratios
P/E ratio29.17
PEG ratio-6.47
P/B ratio2.43
ROE8.12%
Payout ratio1.46%
Current ratio0.51
Quick ratio0.41
Cash Ratio0.05
Tongqinglou Catering Dividend FAQ
How much is the next Tongqinglou Catering dividend?
Tongqinglou Catering's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tongqinglou Catering dividend. The next Tongqinglou Catering dividend will be released in June.
When is Tongqinglou Catering dividend paid?
Tongqinglou Catering 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 Tongqinglou Catering pay?
The specific amount of Tongqinglou Catering 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 Tongqinglou Catering's dividend history.
Does Tongqinglou Catering stock pay dividends?
Yes, Tongqinglou Catering 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 Tongqinglou Catering's dividend history.
How much dividend does Tongqinglou Catering pay?
Tongqinglou Catering paid ¥0.41 in 2024, ¥0.075 in 2023, ¥0.28 in 2022, ¥0.077 in 2021, and ¥0.0 in 2020.
How often does Tongqinglou Catering pay dividends?
Tongqinglou Catering 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 Tongqinglou Catering's dividend yield?
The current dividend yield for Tongqinglou Catering is 1.96%. 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 Tongqinglou Catering's exact dividend yield.
When does Tongqinglou Catering go ex dividend?
Tongqinglou Catering's ex-dividend date for the latest dividend was on 2024-07-19. Tongqinglou Catering 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 Tongqinglou Catering dividend paid?
Tongqinglou Catering pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Tongqinglou Catering 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 Tongqinglou Catering 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 Tongqinglou Catering dividend per share?
Tongqinglou Catering paid ¥0.41 per share in 2024 and ¥0.075 per share in 2023. The amount of dividend per share that Tongqinglou Catering 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 Tongqinglou Catering 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 Tongqinglou Catering 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 Tongqinglou Catering a dividend stock?
Yes, Tongqinglou Catering is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tongqinglou Catering a good dividend stock?
Whether Tongqinglou Catering is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tongqinglou Catering has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Tongqinglou Catering 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 Tongqinglou Catering pay dividends monthly?
Tongqinglou Catering typically pays dividends on a annually basis.
Does Tongqinglou Catering pay dividends quarterly?
Tongqinglou Catering currently pays dividends on a annually basis.
Has Tongqinglou Catering ever paid a dividend?
Yes, Tongqinglou Catering has a history of paying dividends to its shareholders. Tongqinglou Catering is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tongqinglou Catering dividend stocks?
To buy Tongqinglou Catering 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 Tongqinglou Catering 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 Tongqinglou Catering pay dividends 2024?
Tongqinglou Catering pays dividends on a annually basis. 2024 dividend payments are in 2024-07-19. 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 Tongqinglou Catering increase its dividend in 2024?
Decisions regarding Tongqinglou Catering 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 Tongqinglou Catering dividend overview you can look into the above table of dividend history.
How Tongqinglou Catering dividend works?
The Tongqinglou Catering 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 Tongqinglou Catering's dividend process works:
1. Determination of Dividend: Tongqinglou Catering'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, Tongqinglou Catering 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, Tongqinglou Catering 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 Tongqinglou Catering 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 Tongqinglou Catering dividends paid?
Tongqinglou Catering dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Tongqinglou Catering 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, Tongqinglou Catering distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tongqinglou Catering 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 Tongqinglou Catering pay dividends?
Tongqinglou Catering 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 Tongqinglou Catering pay dividends?
The general pattern is that Tongqinglou Catering 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 Tongqinglou Catering dividend safe?
The safety of Tongqinglou Catering'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 Tongqinglou Catering'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 Tongqinglou Catering'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.