Truking Technology Limited engages in the research and development of pharmaceutical and medical equipment in China. The company offers solutions for sterile products lyophilization, ampoule injectable products, vial injectable products, vial(powder) products, pre-filling and sealing products, plastic bottle blow-fill-seal, cartridge, non-PVC soft bag, and glass infusion bottle production, as well as fluid processing systems. It also offers isolating systems and lyophilization laboratory. The company exports its products to approximately 40 countries and regions in Asia, Europe, South America, and internationally. Truking Technology Limited was founded in 2000 and is headquartered in Changsha, China.
Truking Technology Dividend Announcement
• Truking Technology announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-07-18. Ex dividend date: 2024-07-18
• Truking Technology annual dividend for 2024 was ¥0.10
• Truking Technology annual dividend for 2023 was ¥0.10
• Truking Technology's trailing twelve-month (TTM) dividend yield is 1.36%
• Truking Technology's payout ratio for the trailing twelve months (TTM) is -77.54%
Truking Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-18 | ¥0.10 | annually | 2024-07-18 |
2023-07-11 | ¥0.10 | annually | 2023-07-11 |
2022-05-24 | ¥0.12 | annually | 2022-05-24 |
2021-05-27 | ¥0.05 | annually | 2021-05-27 |
2020-06-12 | ¥0.04 | annually | 2020-06-12 |
2019-05-31 | ¥0.02 | annually | 2019-05-31 |
2017-07-06 | ¥0.06 | annually | 2017-07-06 |
2016-05-20 | ¥0.17 | annually | |
2015-03-19 | ¥0.30 | annually | |
2014-05-21 | ¥0.40 | annually |
Truking Technology Dividend per year
Truking Technology Dividend growth
Truking Technology Dividend Yield
Truking Technology current trailing twelve-month (TTM) dividend yield is 1.36%. Interested in purchasing Truking Technology stock? Use our calculator to estimate your expected dividend yield:
Truking Technology Financial Ratios
Truking Technology Dividend FAQ
Other factors to consider when evaluating Truking Technology 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: Truking Technology'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, Truking Technology 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, Truking Technology 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 Truking Technology 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: Truking Technology 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, Truking Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Truking Technology 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 Truking Technology'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 Truking Technology'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.