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China Haisum Engineering Co., Ltd. provides general contracting and project management services. It provides engineering design services in various fields comprising civil building, pulp and paper making, beverage/brew, food/dairy/sugar, tobacco/cigarette, grain, oil, fruit, vegetable/meat processing/frozen and fresh, cosmetics/essence and perfume, plastic product/sensitive material, chemical and chemical fiber/daily-use chemical/biological/pharmaceutical, household electrical appliance, packaging/printing, electron product and electrical equipment, new building material, machinery manufacture/domestic machinery, and automobile parts and accessories/metal processing fields, as well as to store and logistics/hypermarkets, research and development centers, public utilities, and other projects. The company also offers engineering project consultation services in various fields, such as pulp and paper making, food industry, household electrical appliances, household chemical industry, biology fermentation, oleochemicals, automobile components, thermal power engineering, civil buildings, and environment protection engineering. In addition, it provides engineering supervision services for civil and industrial buildings, as well as public utilities. China Haisum Engineering Co., Ltd. operates in Asia, Europe, Africa, the Americas, Oceania, etc. The company was founded in 1953 and is headquartered in Shanghai, China.

China Haisum Engineering Dividend Announcement

• China Haisum Engineering announced a annually dividend of ¥0.26 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-28
• China Haisum Engineering annual dividend for 2024 was ¥0.26
• China Haisum Engineering annual dividend for 2023 was ¥0.19
• China Haisum Engineering's trailing twelve-month (TTM) dividend yield is 2.28%
• China Haisum Engineering's payout ratio for the trailing twelve months (TTM) is 61.69%
• China Haisum Engineering's dividend growth over the last five years (2018-2023) was -3.36% year
• China Haisum Engineering's dividend growth over the last ten years (2013-2023) was -1.48% year

China Haisum Engineering Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-28¥0.26annually2024-06-28
2023-05-29¥0.19annually
2022-06-24¥0.14annually
2021-06-23¥0.08annually
2020-06-30¥0.07annually
2019-06-28¥0.25annually
2018-06-15¥0.22annually
2017-06-29¥0.20annually
2016-07-29¥0.30annually
2015-06-11¥0.15annually
2014-06-27¥0.25annually
2013-06-26¥0.22annually

China Haisum Engineering Dividend per year

China Haisum Engineering Dividend growth

China Haisum Engineering Dividend Yield

China Haisum Engineering current trailing twelve-month (TTM) dividend yield is 2.28%. Interested in purchasing China Haisum Engineering stock? Use our calculator to estimate your expected dividend yield:

China Haisum Engineering Financial Ratios

P/E ratio15.98
PEG ratio0.16
P/B ratio2.17
ROE13.89%
Payout ratio61.69%
Current ratio1.50
Quick ratio1.50
Cash Ratio0.84

China Haisum Engineering Dividend FAQ

Does China Haisum Engineering stock pay dividends?
China Haisum Engineering does not currently pay dividends to its shareholders.
Has China Haisum Engineering ever paid a dividend?
No, China Haisum Engineering has no a history of paying dividends to its shareholders. China Haisum Engineering is not known for its dividend payments.
Why doesn't China Haisum Engineering pay dividends?
There are several potential reasons why China Haisum Engineering 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 China Haisum Engineering 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 China Haisum Engineering 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 China Haisum Engineering a dividend aristocrat?
China Haisum Engineering 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 China Haisum Engineering a dividend king?
China Haisum Engineering 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 China Haisum Engineering a dividend stock?
No, China Haisum Engineering 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 China Haisum Engineering stocks?
To buy China Haisum Engineering 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 China Haisum Engineering 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.