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Haitian Water Group Co., Ltd. engages in water supply business and sewage treatment business. It provides tap water production and supply, sewage treatment and recycling, technology services, technology development, technology consultation, technology exchange, technology transfer, technology promotion, project cost consulting business, project management services, machinery and equipment sales, machinery and equipment leasing. The company was founded on March 7, 2008 and is headquartered in Chengdu, China.

Haitian Water Dividend Announcement

• Haitian Water announced a annually dividend of ¥0.27 per ordinary share which will be made payable on 2024-05-27. Ex dividend date: 2024-05-27
• Haitian Water annual dividend for 2024 was ¥0.27
• Haitian Water's trailing twelve-month (TTM) dividend yield is 4.16%
• Haitian Water's payout ratio for the trailing twelve months (TTM) is 97.83%

Haitian Water Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-27¥0.27annually2024-05-27
2022-05-20¥0.30annually2022-05-20
2021-05-31¥0.17annually2021-05-31

Haitian Water Dividend per year

Haitian Water Dividend Yield

Haitian Water current trailing twelve-month (TTM) dividend yield is 4.16%. Interested in purchasing Haitian Water stock? Use our calculator to estimate your expected dividend yield:

Haitian Water Financial Ratios

P/E ratio13.35
PEG ratio0.77
P/B ratio1.18
ROE8.81%
Payout ratio97.83%
Current ratio1.04
Quick ratio1.01
Cash Ratio0.42

Haitian Water Dividend FAQ

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