DaTang HuaYin Electric Power Co., Ltd. engages in the production of power in Hunan province and other regions in China. It also develops various power point and non-electric projects. The company has an installed capacity of 5845.5 MW. DaTang HuaYin Electric Power Co., Ltd. was founded in 1993 and is based in Changsha, China.
DaTang HuaYin Electric Power Dividend Announcement
• DaTang HuaYin Electric Power announced a annually dividend of ¥0.12 per ordinary share which will be made payable on . Ex dividend date: 2007-06-28
• DaTang HuaYin Electric Power 's trailing twelve-month (TTM) dividend yield is -%
• DaTang HuaYin Electric Power 's payout ratio for the trailing twelve months (TTM) is -298.21%
DaTang HuaYin Electric Power Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2007-06-28 | ¥0.12 | annually | |
| 2006-07-17 | ¥0.03 | annually | |
| 2005-06-23 | ¥0.04 | annually | |
| 2004-06-16 | ¥0.02 | annually | |
| 2003-07-24 | ¥0.00 | annually | |
| 2002-07-26 | ¥0.07 | annually | |
| 2001-05-31 | ¥0.07 | annually | |
| 1999-01-28 | ¥0.19 | annually | |
| 1996-11-04 | ¥0.18 | annually |
DaTang HuaYin Electric Power Dividend per year
DaTang HuaYin Electric Power Dividend growth
DaTang HuaYin Electric Power Dividend Yield
DaTang HuaYin Electric Power current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing DaTang HuaYin Electric Power stock? Use our calculator to estimate your expected dividend yield:
DaTang HuaYin Electric Power Financial Ratios
P/E ratio-39.88
PEG ratio0.59
P/B ratio3.96
ROE-11.81%
Payout ratio-298.21%
Current ratio0.52
Quick ratio0.48
Cash Ratio0.16
DaTang HuaYin Electric Power Dividend FAQ
Does DaTang HuaYin Electric Power stock pay dividends?
DaTang HuaYin Electric Power does not currently pay dividends to its shareholders.
Has DaTang HuaYin Electric Power ever paid a dividend?
No, DaTang HuaYin Electric Power has no a history of paying dividends to its shareholders. DaTang HuaYin Electric Power is not known for its dividend payments.
Why doesn't DaTang HuaYin Electric Power pay dividends?
There are several potential reasons why DaTang HuaYin Electric Power 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 DaTang HuaYin Electric Power 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 DaTang HuaYin Electric Power 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 DaTang HuaYin Electric Power a dividend aristocrat?
DaTang HuaYin Electric Power 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 DaTang HuaYin Electric Power a dividend king?
DaTang HuaYin Electric Power 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 DaTang HuaYin Electric Power a dividend stock?
No, DaTang HuaYin Electric Power 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 DaTang HuaYin Electric Power stocks?
To buy DaTang HuaYin Electric Power 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 DaTang HuaYin Electric Power 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 DaTang HuaYin Electric Power 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.