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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-19 | ¥0.10 | annually | 2024-07-19 |
2023-06-13 | ¥0.40 | annually | 2023-06-13 |
2021-12-24 | ¥0.50 | annually | 2021-12-24 |
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
Guangdong Hongxing Industrial 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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