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Héroux-Devtek Inc. engages in the design, development, manufacture, assembling, and repair and overhaul of aircraft landing gears, hydraulic and electromechanical flight control actuators, custom ball screws, and fracture-critical components. The company also assembles and installs aircraft components at customer assembly lines. In addition, it offers electro-mechanical linear actuation systems; design, engineering, and product support services; surface treatment services; and electronic enclosures, heat exchangers, cabinets, and titanium components. The company serves commercial and defense sectors of the aerospace industries. It operates in Canada, the United States, the United Kingdom, Rest of Europe, Spain, and internationally. The company was formerly known as Heroux Inc. and changed its name to Héroux-Devtek Inc. in 2000. Héroux-Devtek Inc. was incorporated in 1942 and is headquartered in Longueuil, Canada.

Héroux-Devtek Dividend Announcement

• Héroux-Devtek announced a annually dividend of C$5.00 per ordinary share which will be made payable on . Ex dividend date: 2012-12-20
• Héroux-Devtek's trailing twelve-month (TTM) dividend yield is -%

Héroux-Devtek Dividend History

Ex-Div dateDividend amountDividend typePay date
2012-12-20C$5.00annually

Héroux-Devtek Dividend per year

Héroux-Devtek Dividend Yield

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

Héroux-Devtek Financial Ratios

P/E ratio23.10
PEG ratio-0.11
P/B ratio2.44
ROE11.19%
Payout ratio0.00%
Current ratio2.14
Quick ratio0.70
Cash Ratio0.03

Héroux-Devtek Dividend FAQ

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