CHTC Helon Co., Ltd. engages in the manufacture and sale of viscose staple yarns, viscose filament yarns, cotton pulps, and curtain canvas in China. The company was formerly known as Shandong Helon Co., Ltd. and changed its name to CHTC Helon Co., Ltd. in September 2013. The company was founded in 1988 and is based in Weifang, China.
CHTC Helon Dividend Announcement
• CHTC Helon announced a annually dividend of ¥0.04 per ordinary share which will be made payable on . Ex dividend date: 2008-04-21
• CHTC Helon's trailing twelve-month (TTM) dividend yield is -%
• CHTC Helon's payout ratio for the trailing twelve months (TTM) is 94.55%
CHTC Helon Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2008-04-21 | ¥0.04 | annually | |
| 2007-08-16 | ¥0.03 | annually | |
| 2005-08-17 | ¥0.03 | annually | |
| 2004-12-30 | ¥0.05 | annually | |
| 2004-07-29 | ¥0.03 | annually |
CHTC Helon Dividend per year
CHTC Helon Dividend growth
CHTC Helon Dividend Yield
CHTC Helon current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing CHTC Helon stock? Use our calculator to estimate your expected dividend yield:
CHTC Helon Financial Ratios
P/E ratio101.12
PEG ratio-12.47
P/B ratio9.25
ROE9.54%
Payout ratio94.55%
Current ratio3.42
Quick ratio2.85
Cash Ratio1.57
CHTC Helon Dividend FAQ
Does CHTC Helon stock pay dividends?
CHTC Helon does not currently pay dividends to its shareholders.
Has CHTC Helon ever paid a dividend?
No, CHTC Helon has no a history of paying dividends to its shareholders. CHTC Helon is not known for its dividend payments.
Why doesn't CHTC Helon pay dividends?
There are several potential reasons why CHTC Helon 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.
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 CHTC Helon 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 CHTC Helon 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 CHTC Helon a dividend aristocrat?
CHTC Helon 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 CHTC Helon a dividend king?
CHTC Helon 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 CHTC Helon a dividend stock?
No, CHTC Helon 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 CHTC Helon stocks?
To buy CHTC Helon 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 CHTC Helon 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.
Place an order: Use the brokerage's trading platform to place an order to buy CHTC Helon 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.