Hangzhou Heatwell Electric Heating Technology Co Ltd is engaged in Research and development, production and sales of heating elements and components.
Hangzhou Heatwell Electric Heating Technology Co Dividend Announcement
• Hangzhou Heatwell Electric Heating Technology Co announced a annually dividend of ¥0.50 per ordinary share which will be made payable on 2024-05-21. Ex dividend date: 2024-05-21
• Hangzhou Heatwell Electric Heating Technology Co annual dividend for 2024 was ¥0.50
• Hangzhou Heatwell Electric Heating Technology Co's trailing twelve-month (TTM) dividend yield is 2.49%
• Hangzhou Heatwell Electric Heating Technology Co's payout ratio for the trailing twelve months (TTM) is 110.83%
Hangzhou Heatwell Electric Heating Technology Co Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-21 | ¥0.50 | annually | 2024-05-21 |
Hangzhou Heatwell Electric Heating Technology Co Dividend per year
Hangzhou Heatwell Electric Heating Technology Co Dividend Yield
Hangzhou Heatwell Electric Heating Technology Co current trailing twelve-month (TTM) dividend yield is 2.49%. Interested in purchasing Hangzhou Heatwell Electric Heating Technology Co stock? Use our calculator to estimate your expected dividend yield:
Hangzhou Heatwell Electric Heating Technology Co Financial Ratios
Hangzhou Heatwell Electric Heating Technology Co 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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