Tsaker New Energy Tech Co., Limited, an investment holding company, manufactures and sells fine chemicals. It operates through four segments: Dye and Agricultural Chemical Intermediates, Pigment Intermediates, Environmental Technology Consultancy Service, and Battery Materials. The Dye and Agricultural Chemical Intermediates segment produces dye intermediate products for use in the production of dye related products, as well as products for use in the production of agricultural chemicals. The Pigment Intermediates segment produces pigment intermediate products. The Environmental Technology Consultancy Service segment engages in the environmental protection activities. The Battery Materials segment manufactures and sells battery materials. The company operates in Mainland China, Indonesia, India, the United States, Germany, Brazil, Spain, Taiwan, Turkey, Japan, Italy, Korea, and internationally. The company was formerly known as Tsaker Chemical Group Limited and changed its name to Tsaker New Energy Tech Co., Limited July 2022. Tsaker New Energy Tech Co., Limited was founded in 1997 and is headquartered in Beijing, the People's Republic of China.
Tsaker New Energy Tech Dividend Announcement
• Tsaker New Energy Tech announced a semi annually dividend of HK$0.03 per ordinary share which will be made payable on 2024-11-26. Ex dividend date: 2024-08-30
• Tsaker New Energy Tech annual dividend for 2024 was HK$0.07
• Tsaker New Energy Tech annual dividend for 2023 was HK$0.10
• Tsaker New Energy Tech's trailing twelve-month (TTM) dividend yield is 7.16%
• Tsaker New Energy Tech's payout ratio for the trailing twelve months (TTM) is 522.61%
• Tsaker New Energy Tech's dividend growth over the last five years (2018-2023) was 15.58% year
Tsaker New Energy Tech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-30 | HK$0.03 | semi annually | 2024-11-26 |
2024-05-20 | HK$0.04 | semi annually | 2024-06-28 |
2023-09-04 | HK$0.03 | semi annually | 2023-11-06 |
2023-05-12 | HK$0.07 | semi annually | 2023-06-30 |
2022-09-05 | HK$0.04 | semi annually | 2022-10-31 |
2022-05-12 | HK$0.08 | semi annually | 2022-05-31 |
2021-09-02 | HK$0.05 | semi annually | 2021-09-21 |
2020-09-03 | HK$0.05 | semi annually | 2020-11-06 |
2020-06-19 | HK$0.10 | semi annually | 2020-07-31 |
2020-03-17 | HK$0.07 | semi annually | 2020-04-06 |
2019-06-21 | HK$0.07 | semi annually | 2019-07-26 |
2018-06-22 | HK$0.05 | semi annually | 2018-07-13 |
2017-06-23 | HK$0.08 | semi annually | 2017-07-13 |
2016-06-21 | HK$0.07 | semi annually | 2016-07-08 |
Tsaker New Energy Tech Dividend per year
Tsaker New Energy Tech Dividend growth
Tsaker New Energy Tech Dividend Yield
Tsaker New Energy Tech current trailing twelve-month (TTM) dividend yield is 7.16%. Interested in purchasing Tsaker New Energy Tech stock? Use our calculator to estimate your expected dividend yield:
Tsaker New Energy Tech Financial Ratios
Tsaker New Energy Tech Dividend FAQ
Other factors to consider when evaluating Tsaker New Energy Tech 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: Tsaker New Energy Tech'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, Tsaker New Energy Tech 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, Tsaker New Energy Tech 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 Tsaker New Energy Tech 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: Tsaker New Energy Tech 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, Tsaker New Energy Tech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tsaker New Energy Tech 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 Tsaker New Energy Tech'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 Tsaker New Energy Tech'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.