Tungkong Inc., together with its subsidiaries, provides printing media services in the People's Republic of China. The company designs and prints bills and forms, including anti-counterfeiting forms and negotiable instruments for government, banking, insurance, finance, taxation, post, telecommunications, transportation, and civil affairs sectors; produces e-invoices, e-documents, and lottery products, as well as smart cards for financial, healthcare, social security, transportation, commercial, retail, insurance, and other industries; and offers color printing services. It also provides data processing services and office paper products; and RFID products, including tickets, paper (film) cards, PVC cards, electronic tickets, electric labels, library labels, logistics labels, clothing tags, aviation luggage receipts, CD labels, anti-counterfeiting wine labels, intercity train tickets, etc. In addition, the company prints anti-counterfeiting labels, smart labels, aviation labels, digital printing labels, and normal labels. Tungkong Inc. was founded in 1996 and is headquartered in Jinan, the People's Republic of China.
Tungkong Dividend Announcement
• Tungkong announced a annually dividend of ¥0.26 per ordinary share which will be made payable on 2024-05-16. Ex dividend date: 2024-05-16
• Tungkong annual dividend for 2024 was ¥0.26
• Tungkong annual dividend for 2023 was ¥0.22
• Tungkong's trailing twelve-month (TTM) dividend yield is 3.27%
• Tungkong's payout ratio for the trailing twelve months (TTM) is 126.78%
• Tungkong's dividend growth over the last five years (2018-2023) was -11.27% year
• Tungkong's dividend growth over the last ten years (2013-2023) was -0.87% year
Tungkong Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-16 | ¥0.26 | annually | 2024-05-16 |
2023-05-12 | ¥0.22 | annually | 2023-05-12 |
2022-05-27 | ¥0.30 | annually | 2022-05-27 |
2021-04-29 | ¥0.40 | annually | 2021-04-29 |
2020-05-22 | ¥0.40 | annually | 2020-05-22 |
2019-05-30 | ¥0.70 | annually | 2019-05-30 |
2018-04-20 | ¥0.40 | annually | 2018-04-20 |
2017-06-02 | ¥0.30 | annually | 2017-06-02 |
2016-04-27 | ¥0.30 | annually | |
2015-04-21 | ¥0.30 | annually | |
2014-04-04 | ¥0.20 | annually | |
2013-04-03 | ¥0.24 | annually |
Tungkong Dividend per year
Tungkong Dividend growth
Tungkong Dividend Yield
Tungkong current trailing twelve-month (TTM) dividend yield is 3.27%. Interested in purchasing Tungkong stock? Use our calculator to estimate your expected dividend yield:
Tungkong Financial Ratios
Tungkong Dividend FAQ
Other factors to consider when evaluating Tungkong 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: Tungkong'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, Tungkong 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, Tungkong 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 Tungkong 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: Tungkong 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, Tungkong distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tungkong 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 Tungkong'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 Tungkong'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.