Danhua Chemical Technology Co.,Ltd, together with its subsidiaries, engages in the production and sale of coal chemical products in China. The company's products include ethylene glycol and oxalic acid that are primarily used to manufacture polyester, polyester resin, moisture absorbent, plasticizer, surfactant, synthetic fiber, cosmetics, and explosives. It also manufactures nitrogen fertilizers, carbides, hydrocarbons and halides, derivatives, polyolefin resins, ion exchange resins, chemical equipment, medium-density fiberboards. The company was founded in 1993 and is based in Danyang, China.
Danhua Chemical Technology Dividend Announcement
• Danhua Chemical Technology announced a annually dividend of ¥0.08 per ordinary share which will be made payable on . Ex dividend date: 1997-08-26
• Danhua Chemical Technology's trailing twelve-month (TTM) dividend yield is -%
• Danhua Chemical Technology's payout ratio for the trailing twelve months (TTM) is -2.02%
Danhua Chemical Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
1997-08-26 | ¥0.08 | annually | |
1996-07-17 | ¥0.10 | annually | |
1995-05-09 | ¥0.07 | annually |
Danhua Chemical Technology Dividend per year
Danhua Chemical Technology Dividend growth
Danhua Chemical Technology Dividend Yield
Danhua Chemical Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Danhua Chemical Technology stock? Use our calculator to estimate your expected dividend yield:
Danhua Chemical Technology Financial Ratios
Danhua Chemical Technology Dividend FAQ
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.
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