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Guangdong Hongxing Industrial Co., Ltd. manufactures and sells knitted apparel in China. It offers household apparel, underwear, and other categories for women, men, and children under the Fenteng, Malenza, Fenteng Kean, and Qianxianyi brand names. The company was founded in 2004 and is headquartered in Shantou, China.

Guangdong Hongxing Industrial Dividend Announcement

Guangdong Hongxing Industrial announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-07-19
Guangdong Hongxing Industrial annual dividend for 2024 was ¥0.10
Guangdong Hongxing Industrial annual dividend for 2023 was ¥0.40
Guangdong Hongxing Industrial's trailing twelve-month (TTM) dividend yield is 0.72%
Guangdong Hongxing Industrial's payout ratio for the trailing twelve months (TTM) is 1.42%

Guangdong Hongxing Industrial Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-19¥0.10annually2024-07-19
2023-06-13¥0.40annually2023-06-13
2021-12-24¥0.50annually2021-12-24

Guangdong Hongxing Industrial Dividend per year

Guangdong Hongxing Industrial Dividend Yield

Guangdong Hongxing Industrial current trailing twelve-month (TTM) dividend yield is 0.72%. Interested in purchasing Guangdong Hongxing Industrial stock? Use our calculator to estimate your expected dividend yield:

Guangdong Hongxing Industrial Financial Ratios

P/E ratio21.54
PEG ratio-0.58
P/B ratio1.38
ROE6.40%
Payout ratio1.42%
Current ratio2.33
Quick ratio0.90
Cash Ratio0.26

Guangdong Hongxing Industrial Dividend FAQ

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