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Guangdong Huatie Tongda High-speed Railway Equipment Corporation researches, designs, develops, manufactures, sells, and services high-speed rail parts in the People's Republic of China. The company offers sanitary, fire alarm, emergency battery, sand dispensing, door, HAVC, couplers, draft gears, and brake systems, as well as seats of high-speed train and bullet train, brake pads, and large road maintenance machinery. It offers its products for railway transportation and EMU, intercity transportation, locomotive, and freight transport application. The company was formerly known as Guangdong Kaiping Chunhui Co., Ltd. and changed its name to Guangdong Huatie Tongda High-speed Railway Equipment Corporation in October 2017. The company was incorporated in 1993 and is based in Beijing, the People's Republic of China.

Guangdong Huatie Tongda High-speed Railway Equipment Dividend Announcement

• Guangdong Huatie Tongda High-speed Railway Equipment announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2021-08-18. Ex dividend date: 2021-08-18
• Guangdong Huatie Tongda High-speed Railway Equipment's trailing twelve-month (TTM) dividend yield is -%
• Guangdong Huatie Tongda High-speed Railway Equipment's payout ratio for the trailing twelve months (TTM) is 73.99%

Guangdong Huatie Tongda High-speed Railway Equipment Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-08-18¥0.03annually2021-08-18
2004-07-08¥0.10annually
2003-05-21¥0.24annually
2002-05-22¥0.03annually
2001-06-15¥0.11annually
2000-07-13¥0.01annually

Guangdong Huatie Tongda High-speed Railway Equipment Dividend per year

Guangdong Huatie Tongda High-speed Railway Equipment Dividend growth

Guangdong Huatie Tongda High-speed Railway Equipment Dividend Yield

Guangdong Huatie Tongda High-speed Railway Equipment current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Guangdong Huatie Tongda High-speed Railway Equipment stock? Use our calculator to estimate your expected dividend yield:

Guangdong Huatie Tongda High-speed Railway Equipment Financial Ratios

P/E ratio16.85
PEG ratio-0.34
P/B ratio0.21
ROE1.23%
Payout ratio73.99%
Current ratio2.33
Quick ratio1.87
Cash Ratio0.10

Guangdong Huatie Tongda High-speed Railway Equipment Dividend FAQ

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