TravelSky Technology Stock

TravelSky Technology Dividend 2024

TravelSky Technology Dividend

0.06 CNY

TravelSky Technology Dividend yield

0.54 %

Ticker

696.HK

ISIN

CNE1000004J3

WKN

A0M4ZA

How much dividend does TravelSky Technology 2024 pay?

According to the latest status from October 2024, TravelSky Technology paid a total of 0.06 CNY per share in dividends within the last 12 months. With the current TravelSky Technology price of 10.72 CNY, this corresponds to a dividend yield of 0.54 %. A dividend is paid times per year.

0.54 % Dividend Yield=
0.06 CNY Dividend
10.72 CNY Stock Price

Historical TravelSky Technology Dividends

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

PaydateDividend
7/28/20240.02
7/26/20240.18
7/20/20230.06
7/22/20220.06
7/2/20210.02
7/22/20200.32
8/3/20190.31
8/3/20180.31
7/29/20170.25
7/30/20160.2
7/18/20150.17
7/18/20140.14
7/20/20130.13
7/7/20120.12
6/26/20110.1
6/24/20100.13
6/4/20090.11
5/17/20080.13
6/3/20070.11
5/24/20060.23
1
2

TravelSky Technology dividend history and estimates

In 2023, TravelSky Technology paid a dividend amounting to 0.06 CNY. Dividend means that TravelSky Technology distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for TravelSky Technology 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 TravelSky Technology’s potential for long-term investment and income generation through dividends.

Investment Strategy

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

TravelSky Technology Dividend History

DateTravelSky Technology Dividend
2026e0.06 undefined
2025e0.06 undefined
2024e0.06 undefined
20230.06 undefined
20220.06 undefined
20210.02 undefined
20200.32 undefined
20190.31 undefined
20180.31 undefined
20170.25 undefined
20160.2 undefined
20150.17 undefined
20140.14 undefined
20130.13 undefined
20120.12 undefined
20110.1 undefined
20100.09 undefined
20090.07 undefined
20080.09 undefined
20070.07 undefined
20060.08 undefined
20050.07 undefined
20040.03 undefined

Is the TravelSky Technology Dividend Safe?

TravelSky Technology has been increasing the dividend for 2 years.

Over the past 10 years, TravelSky Technology has increased it by an annual -7.929 %.

Over a five-year period, the distribution increased by -28.207%.

Analysts expect a Dividend Increase of 0.873% for the current fiscal year.

TravelSky Technology dividend payout ratio

In 2023, TravelSky Technology had a payout ratio of 98.47%. The payout ratio indicates the percentage of the company's profits that TravelSky Technology distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for TravelSky Technology 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 TravelSky Technology 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 TravelSky Technology'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.

TravelSky Technology Payout Ratio History

DateTravelSky Technology Payout ratio
2026e67.64 %
2025e58.23 %
2024e46.23 %
202398.47 %
202229.98 %
202110.25 %
2020255.17 %
201935.48 %
201838.42 %
201733.04 %
201623.63 %
201525.77 %
201424.79 %
201332.44 %
201230.77 %
201129.07 %
201028.82 %
200926.19 %
200841.27 %
200730.56 %
200640.35 %
200533.33 %
200420 %

Dividend Details

Understanding TravelSky Technology's Dividend Distributions

TravelSky Technology’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 TravelSky Technology'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

TravelSky Technology'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 TravelSky Technology’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.

TravelSky Technology Aktienanalyse

What does TravelSky Technology do?

TravelSky Technology Ltd is a Chinese company that was founded in 2001. Originally, it was established as a subsidiary of the China Travel Service Wandagroup Corporation, a state-owned holding company for travel management, to develop innovative and advanced travel systems for the Chinese market. The business model of TravelSky Technology is based on providing IT services for the travel industry and includes a wide range of products and solutions, ranging from flight reservation systems to payment and billing systems for airlines and other travel service providers. One of the main divisions of TravelSky Technology is the flight reservation system. The company operates the leading air traffic information and sales system in China, with a market share of about 75% in Sabre, as a state-controlled company, it enjoys some regulatory advantages. The system is used by almost all Chinese airlines as well as travel agencies, hotel chains, and other tourism companies. In addition, TravelSky Technology also offers solutions for database and information systems for airlines. In collaboration with Sabre, an innovative solution called "MRO Plus" for aircraft maintenance has been developed, which aims to increase the efficiency of maintenance processes and the availability of aircraft. This, in turn, allows airlines to improve their services and reduce costs. TravelSky Technology has also developed solutions for airports. Among other things, the company offers an airline departure control system that ensures smooth departures and timely and safe arrival of passengers at their destination. In addition to products and services for airlines and airports, TravelSky Technology has another branch in the field of electronic payment transactions. The company offers payment solutions for airlines, hotel chains, and other travel service providers and has a leading position in this market in China. Overall, TravelSky Technology has a strong market position in the Chinese travel market, as confirmed by its solid customer base in the travel industry. The company focuses on business and technological development in the aviation and tourism industry to improve its offering and strengthen its position in the market. The company is listed on the Hong Kong Stock Exchange under the ticker symbol 0696. TravelSky has experienced strong growth in recent years, driven by the rapidly growing Chinese travel industry and the increasing presence of Chinese airlines in the international market. Overall, TravelSky Technology is a very innovative company that is working to revolutionize the travel industry in China and beyond. With its comprehensive solutions and products, the company has a unique position in the market and is an important partner for many companies and airlines in China and worldwide. TravelSky Technology is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about TravelSky Technology stock

How much dividend does TravelSky Technology pay?

Over the past 12 months, TravelSky Technology paid a dividend of 0.06 CNY . This corresponds to a dividend yield of about 0.54 %. For the coming 12 months, TravelSky Technology is expected to pay a dividend of 0.06 CNY.

What is the dividend yield of TravelSky Technology?

The current dividend yield of TravelSky Technology is 0.54 %.

When does TravelSky Technology pay dividends?

TravelSky Technology pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of TravelSky Technology?

TravelSky Technology paid dividends every year for the past 23 years.

What is the dividend of TravelSky Technology?

For the upcoming 12 months, dividends amounting to 0.06 CNY are expected. This corresponds to a dividend yield of 0.55 %.

In which sector is TravelSky Technology located?

TravelSky Technology is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von TravelSky Technology kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of TravelSky Technology from 9/25/2024 amounting to 0.02 CNY, you needed to have the stock in your portfolio before the ex-date on 6/28/2024.

When did TravelSky Technology pay the last dividend?

The last dividend was paid out on 9/25/2024.

What was the dividend of TravelSky Technology in the year 2023?

In the year 2023, TravelSky Technology distributed 0.064 CNY as dividends.

In which currency does TravelSky Technology pay out the dividend?

The dividends of TravelSky Technology are distributed in CNY.

Andere Kennzahlen von TravelSky Technology

Our stock analysis for TravelSky Technology 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 TravelSky Technology Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.