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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 -1.77%

Danhua Chemical Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
1997-08-26¥0.08annually
1996-07-17¥0.10annually
1995-05-09¥0.07annually

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

P/E ratio-6.64
PEG ratio0.03
P/B ratio6.52
ROE-75.60%
Payout ratio-1.77%
Current ratio0.23
Quick ratio0.11
Cash Ratio0.04

Danhua Chemical Technology Dividend FAQ

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