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Guangdong Haomei New Material Co., Ltd. manufactures and sells aluminum profiles in China. The company offers aluminum alloy doors and windows systems, as well as lightweight materials. Its aluminum profiles are used in buildings, rail transits, machineries, and electronic appliances. The company provides industrial profiles that are used in telecommunications, LED, machineries, automobile, computers, shipping, aviation and aerospace, rail transit, and durables; and construction profiles. It exports products to the United States, Germany, Canada, the United Kingdom, Switzerland, Singapore, Brunei, and Italy. Guangdong Haomei New Material Co., Ltd. was founded in 1990 and is based in Qingyuan, China.

Guangdong Haomei New Material Dividend Announcement

Guangdong Haomei New Material announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-09-24. Ex dividend date: 2024-09-24
Guangdong Haomei New Material annual dividend for 2024 was ¥0.25
Guangdong Haomei New Material's trailing twelve-month (TTM) dividend yield is 1.25%
Guangdong Haomei New Material's payout ratio for the trailing twelve months (TTM) is 63.27%

Guangdong Haomei New Material Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-24¥0.25annually2024-09-24
2022-05-09¥0.22annually2022-05-09
2021-04-23¥0.13annually2021-04-23

Guangdong Haomei New Material Dividend per year

Guangdong Haomei New Material Dividend Yield

Guangdong Haomei New Material current trailing twelve-month (TTM) dividend yield is 1.25%. Interested in purchasing Guangdong Haomei New Material stock? Use our calculator to estimate your expected dividend yield:

Guangdong Haomei New Material Financial Ratios

P/E ratio21.04
PEG ratio1.07
P/B ratio1.85
ROE8.81%
Payout ratio63.27%
Current ratio1.62
Quick ratio1.34
Cash Ratio0.18

Guangdong Haomei New Material Dividend FAQ

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