Tsann Kuen (China) Enterprise Co., Ltd., together with its subsidiaries, develops, manufactures, and sells household appliances, electronics, light industrial products, and office supplies in Asia, Australia, Africa, the United States, and Europe. The company also engages in the design and manufacture of molds for products; and provision of related after-sales services. In addition, it is involved in the wholesale, retail, import, export, and related support of household appliances, electronic products, electrical equipment, office supplies, kitchen utensils, and pre-packaged foods. Tsann Kuen (China) Enterprise Co., Ltd. was formerly known as TsannKuen China (Xiamen) Ltd. and changed its name to Tsann Kuen (China) Enterprise Co., Ltd. in June 1993. The company was founded in 1988 and is based in Zhangzhou, China.
Tsann Kuen Enterprise China Dividend Announcement
• Tsann Kuen Enterprise China announced a annually dividend of HK$0.27 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-05
• Tsann Kuen Enterprise China annual dividend for 2024 was HK$0.27
• Tsann Kuen Enterprise China annual dividend for 2023 was HK$0.33
• Tsann Kuen Enterprise China's trailing twelve-month (TTM) dividend yield is 5.9%
• Tsann Kuen Enterprise China's payout ratio for the trailing twelve months (TTM) is 43.11%
• Tsann Kuen Enterprise China's dividend growth over the last five years (2018-2023) was 27.73% year
• Tsann Kuen Enterprise China's dividend growth over the last ten years (2013-2023) was 12.13% year
Tsann Kuen Enterprise China Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-05 | HK$0.27 | annually | 2024-06-07 |
2023-06-14 | HK$0.33 | annually | 2023-06-16 |
2022-06-17 | HK$0.12 | annually | 2022-06-21 |
2021-06-21 | HK$0.18 | annually | 2021-06-23 |
2020-05-15 | HK$0.11 | annually | 2020-05-19 |
2019-06-24 | HK$0.05 | annually | 2019-06-26 |
2018-06-25 | HK$0.10 | annually | 2018-06-27 |
2017-05-23 | HK$0.12 | annually | 2017-05-25 |
2016-06-23 | HK$0.10 | annually | |
2015-06-24 | HK$0.15 | annually | |
2014-06-24 | HK$0.18 | annually | |
2013-06-24 | HK$0.11 | annually |
Tsann Kuen Enterprise China Dividend per year
Tsann Kuen Enterprise China Dividend growth
Tsann Kuen Enterprise China Dividend Yield
Tsann Kuen Enterprise China current trailing twelve-month (TTM) dividend yield is 5.9%. Interested in purchasing Tsann Kuen Enterprise China stock? Use our calculator to estimate your expected dividend yield:
Tsann Kuen Enterprise China Financial Ratios
Tsann Kuen Enterprise China Dividend FAQ
Other factors to consider when evaluating Tsann Kuen Enterprise China 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: Tsann Kuen Enterprise China'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, Tsann Kuen Enterprise China 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, Tsann Kuen Enterprise China 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 Tsann Kuen Enterprise China 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: Tsann Kuen Enterprise China 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, Tsann Kuen Enterprise China distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tsann Kuen Enterprise China 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 Tsann Kuen Enterprise China'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 Tsann Kuen Enterprise China'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.