HaiXin Foods Co.,Ltd engages in the production and sale of quick-frozen fish and meat products, rice and noodle products, room temperature snack food products, and quick-frozen dishes. The company's quick-frozen products include fish and meat balls, siu mai with egg yolk, quicksand buns, crispy belly, bezoar throat, etc.; and room temperature snack foods comprise crab sticks, fish tofu, instant oden, and other products. It also offers aquatic products; process and sells convenience foods; and imports and exports goods and technology, as well as provides aquatic frozen food storage and packaged food sale services. In addition, the company engages in the food management business; research and development, production, and sale of marine biological products; refined research and development, processing, and sale of marine mineral resources, as well as marine biological resources; and wholesale and retail of pre-packaged and bulk food. It sells its products under the Haixin, Yuji, and Baiyaoxuan brands through self-operated stores on third-party platforms, as well as online direct sales. The company was formerly known as Fujian Tengxin Foods Co., Ltd. and changed its name to HaiXin Foods Co.,Ltd in July 2013. HaiXin Foods Co.,Ltd is headquartered in Fuzhou, China.
HaiXin Foods Dividend Announcement
• HaiXin Foods announced a annually dividend of ¥0.04 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06
• HaiXin Foods annual dividend for 2024 was ¥0.04
• HaiXin Foods annual dividend for 2023 was ¥0.10
• HaiXin Foods's trailing twelve-month (TTM) dividend yield is 1.02%
• HaiXin Foods's payout ratio for the trailing twelve months (TTM) is -124.68%
HaiXin Foods Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-06 | ¥0.04 | annually | 2024-06-06 |
2023-06-09 | ¥0.10 | annually | 2023-06-09 |
2021-05-31 | ¥0.05 | annually | 2021-05-31 |
2020-06-01 | ¥0.05 | annually | 2020-06-01 |
2019-05-08 | ¥0.05 | annually | 2019-05-08 |
2015-05-07 | ¥0.10 | annually | |
2014-05-27 | ¥0.10 | annually | |
2013-04-26 | ¥0.28 | annually |
HaiXin Foods Dividend per year
HaiXin Foods Dividend growth
HaiXin Foods Dividend Yield
HaiXin Foods current trailing twelve-month (TTM) dividend yield is 1.02%. Interested in purchasing HaiXin Foods stock? Use our calculator to estimate your expected dividend yield:
HaiXin Foods Financial Ratios
HaiXin Foods Dividend FAQ
Other factors to consider when evaluating HaiXin Foods as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: HaiXin Foods's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, HaiXin Foods publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, HaiXin Foods distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from HaiXin Foods are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: HaiXin Foods sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, HaiXin Foods distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: HaiXin Foods declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of HaiXin Foods's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review HaiXin Foods's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.