Tongcheng Travel Holdings (Tongcheng Travel Holdings) Dividend Yield % : 0.00% (As of Jun. 13, 2024)

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What is Tongcheng Travel Holdings Dividend Yield %?

As of today (2024-06-13), the Trailing Annual Dividend Yield of Tongcheng Travel Holdings is 0.00%.

The historical rank and industry rank for Tongcheng Travel Holdings's Dividend Yield % or its related term are showing as below:

TNGCF's Dividend Yield % is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 2.33
* Ranked among companies with meaningful Dividend Yield % only.

Tongcheng Travel Holdings's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

As of today (2024-06-13), the Forward Dividend Yield % of Tongcheng Travel Holdings is 0.00%.

Tongcheng Travel Holdings's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

The growth rate is calculated with least square regression.

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

Tongcheng Travel Holdings Dividend Yield % Historical Data

The historical data trend for Tongcheng Travel Holdings's Dividend Yield % 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.

Tongcheng Travel Holdings Dividend Yield % Chart

Tongcheng Travel Holdings Annual Data

Trend

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Dividend Yield %

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Tongcheng Travel Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Yield %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Tongcheng Travel Holdings's Dividend Yield %

For the Travel Services subindustry, Tongcheng Travel Holdings'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.

Tongcheng Travel Holdings's Dividend Yield % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tongcheng Travel Holdings's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Tongcheng Travel Holdings's Dividend Yield % falls into.

Tongcheng Travel Holdings Dividend Yield % Calculation

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

Tongcheng Travel Holdings (OTCPK:TNGCF) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Tongcheng Travel Holdings Dividend Yield % Related Terms

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Tongcheng Travel Holdings (Tongcheng Travel Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tongcheng Travel Holdings Ltd (OTCPK:TNGCF) » Definitions » Dividend Yield %

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00780:Hong Kong

Address

No. 188, Yuxin Road, Tongcheng Mansion, Suzhou Industrial Park, Jiangsu, CHN

Website

https://www.tongchengir.com

Tongcheng Travel is an online travel agency platform that provides booking services for hotel and ticketing in China. It generated 88% of its revenue from accommodation reservations and transportation ticketing in the third quarter of 2022. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.