China First Heavy Industries (601106.SS) Dividend: History, Dates & Yield - 2024
Dividend History
China First Heavy Industries announced a annually dividend of ¥0.00 per ordinary share, payable on , with an ex-dividend date of 2015-07-21. China First Heavy Industries typically pays dividends one times a year.
Find details on China First Heavy Industries's dividend performance with a comprehensive history of past and upcoming payments.
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2015-07-21 | ¥0.00 | annually | |
2014-07-08 | ¥0.00 | annually | |
2013-07-02 | ¥0.00 | annually | |
2012-06-26 | ¥0.01 | annually | |
2011-06-20 | ¥0.02 | annually |
Dividend Increase
. In comparison, China XD Electric has seen an average growth rate of 35.76% over the past five years and China National Chemical Engineering 's growth rate was 13.00%.
By comparing China First Heavy Industries's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
China First Heavy Industries's current trailing twelve-month (TTM) dividend yield is nan%. Over the last 12 months, China First Heavy Industries has maintained this yield, but how does it compare to similar stocks? For example, China XD Electric offers a yield of 1.39%, while China National Chemical Engineering provides a yield of 2.38%. Comparing similar stocks can help investors assess China First Heavy Industries's yield and make more informed decisions.
Company | Dividend Yield | Annual Dividend | Stock Price |
---|---|---|---|
China First Heavy Industries (601106.SS) | NaN% | ¥0.00118 | ¥2.73 |
China XD Electric (601179.SS) | 1.39% | ¥0.101 | ¥7.27 |
China National Chemical Engineering (601117.SS) | 2.38% | ¥0.178 | ¥7.47 |
Dividend Yield Calculator
Interested in purchasing China First Heavy Industries stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
China First Heavy Industries has a payout ratio of -0.17%. In comparison, China XD Electric has a payout ratio of 0.51%, while China National Chemical Engineering 's payout ratio is 0.47%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About China First Heavy Industries
Frequently Asked Question
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.
Place an order: Use the brokerage's trading platform to place an order to buy China First Heavy Industries 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.