Trina Solar Co., Ltd. operates as an integrated solar power products manufacturer and solar system developer in China, Europe, the United States, and other Asia Pacific regions. The company designs, develops, manufactures, and sells photovoltaic (PV) modules comprising monocrystalline and multicrystalline PV modules ranging in various power outputs for use in residential, commercial, industrial, and other solar power generation systems. It also provides mono- and multi-crystalline silicon ingots, wafers, cells, and related products. In addition, the company designs, constructs, sells, and/or operates solar power projects. It sells its products to power plant developers and operators, distributors, wholesalers, PV system integrators, and regional and national grid operators. Trina Solar Co., Ltd. was founded in 1997 and is headquartered in Changzhou, China.
Trina Solar Dividend Announcement
• Trina Solar announced a annually dividend of ¥0.63 per ordinary share which will be made payable on 2024-06-20. Ex dividend date: 2024-06-20
• Trina Solar annual dividend for 2024 was ¥0.63
• Trina Solar annual dividend for 2023 was ¥0.48
• Trina Solar 's trailing twelve-month (TTM) dividend yield is 2.66%
• Trina Solar 's payout ratio for the trailing twelve months (TTM) is -441.83%
Trina Solar Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-20 | ¥0.63 | annually | 2024-06-20 |
2023-06-27 | ¥0.48 | annually | 2023-06-27 |
2022-06-09 | ¥0.23 | annually | 2022-06-09 |
2021-06-01 | ¥0.18 | annually | 2021-06-01 |
2020-07-31 | ¥0.10 | annually | 2020-07-31 |
Trina Solar Dividend per year
Trina Solar Dividend growth
Trina Solar Dividend Yield
Trina Solar current trailing twelve-month (TTM) dividend yield is 2.66%. Interested in purchasing Trina Solar stock? Use our calculator to estimate your expected dividend yield:
Trina Solar Financial Ratios
Trina Solar Dividend FAQ
Other factors to consider when evaluating Trina Solar 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: Trina Solar '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, Trina Solar 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, Trina Solar 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 Trina Solar 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: Trina Solar 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, Trina Solar distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Trina Solar 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 Trina Solar '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 Trina Solar '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.