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Tongyu Communication Inc. researches and develops, manufactures, sells, and services mobile communication antennas, radio frequency (RF) devices, optical modules, and other products worldwide. Its products include base station antennas; microwave antennas and components; RF components; transceivers; small cell antennas; FWA products; and indoor and outdoor antennas, as well as battery exchange systems. The company was founded in 1996 and is headquartered in Zhongshan, China.

Tongyu Communication Dividend Announcement

Tongyu Communication announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-06-18. Ex dividend date: 2024-06-18
Tongyu Communication annual dividend for 2024 was ¥0.15
Tongyu Communication annual dividend for 2023 was ¥0.10
Tongyu Communication's trailing twelve-month (TTM) dividend yield is 1.16%
Tongyu Communication's payout ratio for the trailing twelve months (TTM) is 108.40%
Tongyu Communication's dividend growth over the last five years (2018-2023) was 14.87% year

Tongyu Communication Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-18¥0.15annually2024-06-18
2023-07-07¥0.10annually2023-07-07
2022-06-07¥0.02annually2022-06-07
2021-05-27¥0.30annually2021-05-27
2020-06-19¥0.02annually2020-06-19
2019-06-18¥0.04annually2019-06-18
2018-06-29¥0.05annually2018-06-29
2017-06-16¥0.20annually2017-06-16
2016-06-07¥0.40annually

Tongyu Communication Dividend per year

Tongyu Communication Dividend growth

Tongyu Communication Dividend Yield

Tongyu Communication current trailing twelve-month (TTM) dividend yield is 1.16%. Interested in purchasing Tongyu Communication stock? Use our calculator to estimate your expected dividend yield:

Tongyu Communication Financial Ratios

P/E ratio91.41
PEG ratio0.92
P/B ratio2.49
ROE2.72%
Payout ratio108.40%
Current ratio3.78
Quick ratio3.33
Cash Ratio0.90

Tongyu Communication Dividend FAQ

How much is the next Tongyu Communication dividend?
Tongyu Communication's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tongyu Communication dividend. The next Tongyu Communication dividend will be released in July.
When is Tongyu Communication dividend paid?
Tongyu Communication pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Tongyu Communication pay?
The specific amount of Tongyu Communication 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 Tongyu Communication's dividend history.
Does Tongyu Communication stock pay dividends?
Yes, Tongyu Communication 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 Tongyu Communication's dividend history.
How much dividend does Tongyu Communication pay?
Tongyu Communication paid ¥0.154 in 2024, ¥0.1 in 2023, ¥0.02 in 2022, ¥0.3 in 2021, and ¥0.02 in 2020.
How often does Tongyu Communication pay dividends?
Tongyu Communication 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 July.
What is Tongyu Communication's dividend yield?
The current dividend yield for Tongyu Communication is 1.16%. 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 Tongyu Communication's exact dividend yield.
When does Tongyu Communication go ex dividend?
Tongyu Communication's ex-dividend date for the latest dividend was on 2024-06-18. Tongyu Communication 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 Tongyu Communication dividend paid?
Tongyu Communication pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Tongyu Communication 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 Tongyu Communication 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 Tongyu Communication dividend per share?
Tongyu Communication paid ¥0.154 per share in 2024 and ¥0.1 per share in 2023. The amount of dividend per share that Tongyu Communication 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 Tongyu Communication 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 Tongyu Communication 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 Tongyu Communication a dividend stock?
Yes, Tongyu Communication is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tongyu Communication a good dividend stock?
Whether Tongyu Communication is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tongyu Communication has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Tongyu Communication 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 Tongyu Communication pay dividends monthly?
Tongyu Communication typically pays dividends on a annually basis.
Does Tongyu Communication pay dividends quarterly?
Tongyu Communication currently pays dividends on a annually basis.
Has Tongyu Communication ever paid a dividend?
Yes, Tongyu Communication has a history of paying dividends to its shareholders. Tongyu Communication is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tongyu Communication dividend stocks?
To buy Tongyu Communication 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 Tongyu Communication 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 Tongyu Communication pay dividends 2024?
Tongyu Communication pays dividends on a annually basis. 2024 dividend payments are in 2024-06-18. 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 Tongyu Communication increase its dividend in 2024?
Decisions regarding Tongyu Communication 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 Tongyu Communication dividend overview you can look into the above table of dividend history.
How Tongyu Communication dividend works?
The Tongyu Communication 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 Tongyu Communication's dividend process works:

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

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

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