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HANGZHOU HOTA M&E HOLDINGS CO., LTD. engages in the research, design, development, manufacture, and sale of vertical material conveying equipment and accessories in China, Southeast Asia, the Middle East, Africa, and the Americas. The company offers plate chain bucket and belt bucket elevators; fragile accessories, including chains, hoppers, and steel wire tapes; and other conveyors. Its products used in cement and building materials, ports, steel, chemical, and other industries. The company was founded in 1995 and is based in Hangzhou, China.

Hangzhou Hota M&E Dividend Announcement

• Hangzhou Hota M&E announced a annually dividend of ¥1.25 per ordinary share which will be made payable on 2024-04-22. Ex dividend date: 2024-04-22
• Hangzhou Hota M&E annual dividend for 2024 was ¥1.25
• Hangzhou Hota M&E annual dividend for 2023 was ¥1.25
• Hangzhou Hota M&E's trailing twelve-month (TTM) dividend yield is 3.66%
• Hangzhou Hota M&E's payout ratio for the trailing twelve months (TTM) is 115.46%

Hangzhou Hota M&E Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-04-22¥1.25annually2024-04-22
2023-05-22¥1.25annually2023-05-22

Hangzhou Hota M&E Dividend per year

Hangzhou Hota M&E Dividend Yield

Hangzhou Hota M&E current trailing twelve-month (TTM) dividend yield is 3.66%. Interested in purchasing Hangzhou Hota M&E stock? Use our calculator to estimate your expected dividend yield:

Hangzhou Hota M&E Financial Ratios

P/E ratio31.40
PEG ratio0.32
P/B ratio1.56
ROE4.89%
Payout ratio115.46%
Current ratio8.57
Quick ratio7.52
Cash Ratio3.57

Hangzhou Hota M&E Dividend FAQ

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