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Shenzhen Tongye Technology Co (SZSE:300960) Dividends per Share : ¥0.70 (TTM As of Sep. 2024)


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What is Shenzhen Tongye Technology Co Dividends per Share?

Shenzhen Tongye Technology Co's dividends per share for the three months ended in Sep. 2024 was ¥0.10. Its dividends per share for the trailing twelve months (TTM) ended in Sep. 2024 was ¥0.70. Its Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.60. As of today, Shenzhen Tongye Technology Co's Dividend Yield % is 2.95%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Shenzhen Tongye Technology Co Ltd is 1.34, which seems too high.

During the past 12 months, Shenzhen Tongye Technology Co's average Dividends Per Share Growth Rate was 75.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Shenzhen Tongye Technology Co Dividends per Share Historical Data

The historical data trend for Shenzhen Tongye Technology Co's Dividends per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shenzhen Tongye Technology Co Dividends per Share Chart

Shenzhen Tongye Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.40 0.30 0.40

Shenzhen Tongye Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.60 0.10

Competitive Comparison of Shenzhen Tongye Technology Co's Dividends per Share

For the Specialty Industrial Machinery subindustry, Shenzhen Tongye Technology Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shenzhen Tongye Technology Co's Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Tongye Technology Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Shenzhen Tongye Technology Co's Dividend Yield % falls into.



Shenzhen Tongye Technology Co Dividends per Share Calculation

Dividends paid to per common share.


Shenzhen Tongye Technology Co  (SZSE:300960) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Shenzhen Tongye Technology Co's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.1/ 0.168
=0.60

During the past 11 years, the highest Dividend Payout Ratio of Shenzhen Tongye Technology Co was 1.43. The lowest was 1.08. And the median was 1.33.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Shenzhen Tongye Technology Co Ltd is 1.34, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Shenzhen Tongye Technology Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CNY 0.1000002024-09-192024-09-182024-09-19Cash Dividendsemi-annuallyCNY:CNY 1.000000
CNY 0.6000002024-06-132024-06-122024-06-13Cash DividendannuallyCNY:CNY 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.


Shenzhen Tongye Technology Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.7/23.22
=3.01 %

Current Share Price is ¥23.22.
Shenzhen Tongye Technology Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ¥0.7.

During the past 11 years, the highest Dividend Yield of Shenzhen Tongye Technology Co was 4.13%. The lowest was 1.19%. And the median was 1.77%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shenzhen Tongye Technology Co Dividends per Share Related Terms

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Shenzhen Tongye Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Guanguang Road, Guanlan Street, 1st to 4th Floor, No. 3 Factory, Meitai Industrial, Guihua Community, Longhua New District, Guangdong Province, Shenzhen, CHN, 518110
Shenzhen Tongye Technology Co Ltd is engaged in the development and production of rail transit train power supply products, network control products, energy management systems, motors and fans. The products are widely used in high-speed rail, urban rail vehicles, locomotives, and new energy products at home and abroad.

Shenzhen Tongye Technology Co Headlines

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