Hangzhou Hopechart IoT Technology Co.,Ltd develops, produces, and sells driving systems and advanced driver assistance systems in China. The company was founded in 2009 and is headquartered in Hangzhou, China.
Hangzhou Hopechart IoT Technology Dividend Announcement
• Hangzhou Hopechart IoT Technology announced a annually dividend of ¥0.35 per ordinary share which will be made payable on 2021-05-28. Ex dividend date: 2021-05-28
• Hangzhou Hopechart IoT Technology's trailing twelve-month (TTM) dividend yield is -%
• Hangzhou Hopechart IoT Technology's payout ratio for the trailing twelve months (TTM) is -5.53%
Hangzhou Hopechart IoT Technology Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2021-05-28 | ¥0.35 | annually | 2021-05-28 |
| 2020-05-19 | ¥0.30 | annually | 2020-05-19 |
Hangzhou Hopechart IoT Technology Dividend per year
Hangzhou Hopechart IoT Technology Dividend Yield
Hangzhou Hopechart IoT Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Hangzhou Hopechart IoT Technology stock? Use our calculator to estimate your expected dividend yield:
Hangzhou Hopechart IoT Technology Financial Ratios
P/E ratio-24.98
PEG ratio-0.36
P/B ratio2.34
ROE-9.13%
Payout ratio-5.53%
Current ratio2.06
Quick ratio1.86
Cash Ratio0.39
Hangzhou Hopechart IoT Technology Dividend FAQ
Does Hangzhou Hopechart IoT Technology stock pay dividends?
Hangzhou Hopechart IoT Technology does not currently pay dividends to its shareholders.
Has Hangzhou Hopechart IoT Technology ever paid a dividend?
No, Hangzhou Hopechart IoT Technology has no a history of paying dividends to its shareholders. Hangzhou Hopechart IoT Technology is not known for its dividend payments.
Why doesn't Hangzhou Hopechart IoT Technology pay dividends?
There are several potential reasons why Hangzhou Hopechart IoT Technology 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.
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 Hangzhou Hopechart IoT Technology 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 Hangzhou Hopechart IoT Technology 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 Hangzhou Hopechart IoT Technology a dividend aristocrat?
Hangzhou Hopechart IoT Technology 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 Hangzhou Hopechart IoT Technology a dividend king?
Hangzhou Hopechart IoT Technology 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 Hangzhou Hopechart IoT Technology a dividend stock?
No, Hangzhou Hopechart IoT Technology 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 Hangzhou Hopechart IoT Technology stocks?
To buy Hangzhou Hopechart IoT Technology 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 Hangzhou Hopechart IoT Technology 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.
Place an order: Use the brokerage's trading platform to place an order to buy Hangzhou Hopechart IoT Technology 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.