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Beijing Hanjian Heshan Pipeline Co.,Ltd manufactures and sells pre-stressed steel cylinder concrete pipes, reinforced concrete pipes, commercial concrete products, concrete admixtures, and environmental protection engineering products and equipment in China. It also designs and constructs waste water, air pollution, and noise treatment equipment; and anti-corrosion and heat preservation engineering equipment, as well as sells metal materials. The company was founded in 2004 and is based in Beijing, the People's Republic of China.

Beijing Hanjian Heshan Pipeline Dividend Announcement

Beijing Hanjian Heshan Pipeline announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2022-08-17. Ex dividend date: 2022-08-17
Beijing Hanjian Heshan Pipeline's trailing twelve-month (TTM) dividend yield is -%
Beijing Hanjian Heshan Pipeline's payout ratio for the trailing twelve months (TTM) is -2.34%

Beijing Hanjian Heshan Pipeline Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-08-17¥0.02annually2022-08-17
2019-08-01¥0.01annually2019-08-01
2017-07-25¥0.02annually2017-07-25
2016-07-22¥0.04annually

Beijing Hanjian Heshan Pipeline Dividend per year

Beijing Hanjian Heshan Pipeline Dividend Yield

Beijing Hanjian Heshan Pipeline current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Beijing Hanjian Heshan Pipeline stock? Use our calculator to estimate your expected dividend yield:

Beijing Hanjian Heshan Pipeline Financial Ratios

P/E ratio-4.53
PEG ratio2.15
P/B ratio3.48
ROE-63.87%
Payout ratio-2.34%
Current ratio0.96
Quick ratio0.66
Cash Ratio0.08

Beijing Hanjian Heshan Pipeline Dividend FAQ

Does Beijing Hanjian Heshan Pipeline stock pay dividends?
Beijing Hanjian Heshan Pipeline does not currently pay dividends to its shareholders.
Has Beijing Hanjian Heshan Pipeline ever paid a dividend?
No, Beijing Hanjian Heshan Pipeline has no a history of paying dividends to its shareholders. Beijing Hanjian Heshan Pipeline is not known for its dividend payments.
Why doesn't Beijing Hanjian Heshan Pipeline pay dividends?
There are several potential reasons why Beijing Hanjian Heshan Pipeline would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Beijing Hanjian Heshan Pipeline ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Beijing Hanjian Heshan Pipeline has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Beijing Hanjian Heshan Pipeline a dividend aristocrat?
Beijing Hanjian Heshan Pipeline is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Beijing Hanjian Heshan Pipeline a dividend king?
Beijing Hanjian Heshan Pipeline is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Beijing Hanjian Heshan Pipeline a dividend stock?
No, Beijing Hanjian Heshan Pipeline is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Beijing Hanjian Heshan Pipeline stocks?
To buy Beijing Hanjian Heshan Pipeline you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Beijing Hanjian Heshan Pipeline stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.