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Tongyu Heavy Industry Co Stock

Tongyu Heavy Industry Co Dividend 2024

Tongyu Heavy Industry Co Dividend

0.03 CNY

Tongyu Heavy Industry Co Dividend yield

1.69 %

Ticker

300185.SZ

ISIN

CNE100001179

How much dividend does Tongyu Heavy Industry Co 2024 pay?

According to the latest status from July 2024, Tongyu Heavy Industry Co paid a total of 0.03 CNY per share in dividends within the last 12 months. With the current Tongyu Heavy Industry Co price of 1.78 CNY, this corresponds to a dividend yield of 1.69 %. A dividend is paid times per year.

1.69 % Dividend Yield=
0.03 CNY Dividend
1.78 CNY Stock Price

Historical Tongyu Heavy Industry Co Dividends

A dividend is paid times per year. Last year, the payout months were and July.

PaydateDividend
7/20/20240.03
7/13/20230.03
7/7/20220.03
8/6/20210.05
8/13/20200.04
8/9/20190.02
8/6/20180.04
8/13/20170.04
9/30/20160.03
7/12/20150.07
7/19/20140.03
6/30/20130.1
6/11/20120.12
1

Tongyu Heavy Industry Co dividend history and estimates

In 2023, Tongyu Heavy Industry Co paid a dividend amounting to 0.03 CNY. Dividend means that Tongyu Heavy Industry Co distributes a portion of its profits to its owners.

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Dividend

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Dividend Overview

The dividend per year chart for Tongyu Heavy Industry Co provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Tongyu Heavy Industry Co’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Tongyu Heavy Industry Co's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Tongyu Heavy Industry Co Dividend History

DateTongyu Heavy Industry Co Dividend
2026e0.03 undefined
2025e0.03 undefined
2024e0.03 undefined
20230.03 undefined
20220.03 undefined
20210.05 undefined
20200.04 undefined
20190.02 undefined
20180.04 undefined
20170.04 undefined
20160.03 undefined
20150.02 undefined
20140.01 undefined
20130.03 undefined
20120.04 undefined

Is the Tongyu Heavy Industry Co Dividend Safe?

Tongyu Heavy Industry Co has been increasing the dividend for 1 years.

Over the past 10 years, Tongyu Heavy Industry Co has increased it by an annual -1.038 %.

Over a five-year period, the distribution increased by -5.591%.

Analysts expect a Dividend Increase of 0.809% for the current fiscal year.

Tongyu Heavy Industry Co dividend payout ratio

In 2023, Tongyu Heavy Industry Co had a payout ratio of 49.16%. The payout ratio indicates the percentage of the company's profits that Tongyu Heavy Industry Co distributes as dividends.

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Payout ratio

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What is Yearly Payout Ratio?

The yearly payout ratio for Tongyu Heavy Industry Co represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Tongyu Heavy Industry Co could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Tongyu Heavy Industry Co's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Tongyu Heavy Industry Co Payout Ratio History

DateTongyu Heavy Industry Co Payout ratio
2026e51.32 %
2025e50.37 %
2024e54.43 %
202349.16 %
202247.52 %
202166.61 %
202033.33 %
201928.57 %
201857.14 %
201757.14 %
201666.67 %
201558.25 %
201433.33 %
2013166.5 %
201280 %
201149.16 %
201049.16 %
200949.16 %
200849.16 %
200749.16 %

Dividend Details

Understanding Tongyu Heavy Industry Co's Dividend Distributions

Tongyu Heavy Industry Co’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Tongyu Heavy Industry Co's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Tongyu Heavy Industry Co's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Tongyu Heavy Industry Co’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Tongyu Heavy Industry Co Aktienanalyse

What does Tongyu Heavy Industry Co do?

Tongyu Heavy Industry Co Ltd is a Chinese company that specializes in the manufacturing and selling of construction and mining machinery. It was founded in 2004 and has made significant progress in its industry, becoming one of the leading companies in China. The company operates its own R&D team, focusing on developing technologically advanced machines that meet international standards and the diverse needs and requirements of customers. Tongyu Heavy Industry has expanded and strengthened its presence in the Chinese market, offering a wide range of machines and successfully competing internationally. The company's products include truck cranes, crawler dumpers, personnel lifts, backhoe loaders, wheel loaders, concrete pumps, concrete mixing plants, bulldozers, road rollers, and other specialized machines. Tongyu Heavy Industry has achieved rapid growth through its efforts in the R&D department, as well as its efficiency and quality of products. With a strong global presence and effective marketing strategies, the company has maintained a leading position in the market, both nationally and internationally. Tongyu Heavy Industry Co is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about Tongyu Heavy Industry Co stock

How much dividend does Tongyu Heavy Industry Co pay?

Over the past 12 months, Tongyu Heavy Industry Co paid a dividend of 0.03 CNY . This corresponds to a dividend yield of about 1.69 %. For the coming 12 months, Tongyu Heavy Industry Co is expected to pay a dividend of 0.03 CNY.

What is the dividend yield of Tongyu Heavy Industry Co?

The current dividend yield of Tongyu Heavy Industry Co is 1.69 %.

When does Tongyu Heavy Industry Co pay dividends?

Tongyu Heavy Industry Co pays a quarterly dividend. This is distributed in the months of August, July, July, July.

How secure is the dividend of Tongyu Heavy Industry Co?

Tongyu Heavy Industry Co paid dividends every year for the past 15 years.

What is the dividend of Tongyu Heavy Industry Co?

For the upcoming 12 months, dividends amounting to 0.03 CNY are expected. This corresponds to a dividend yield of 1.72 %.

In which sector is Tongyu Heavy Industry Co located?

Tongyu Heavy Industry Co is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Tongyu Heavy Industry Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tongyu Heavy Industry Co from 6/20/2024 amounting to 0.025 CNY, you needed to have the stock in your portfolio before the ex-date on 6/20/2024.

When did Tongyu Heavy Industry Co pay the last dividend?

The last dividend was paid out on 6/20/2024.

What was the dividend of Tongyu Heavy Industry Co in the year 2023?

In the year 2023, Tongyu Heavy Industry Co distributed 0.03 CNY as dividends.

In which currency does Tongyu Heavy Industry Co pay out the dividend?

The dividends of Tongyu Heavy Industry Co are distributed in CNY.

Andere Kennzahlen von Tongyu Heavy Industry Co

Our stock analysis for Tongyu Heavy Industry Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tongyu Heavy Industry Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.