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Hangzhou Huaguang Advanced Welding Materials Co., Ltd. engages in the research and fabrication of welding materials; and provision of welding solutions in China and internationally. The company primarily produces copper-based and silver-based welding materials in the forms of rods, rings, wires, strips, foils, powder, paste, flux-cored, and flux-coated. Its products include silver brazing, copper-phosphorus brazing, high copper brazing, brass brazing, aluminum brazing, flux-cored brazing, and flux-coated brazing alloys, as well as brazing flux and alloys for vacuum welding. The company's products are useed in the industries of refrigeration, household appliances, machinery, electric appliances, aeronautics, petrochemical, automobiles, tools, hard alloys, measurements, new energy equipment, bathroom facilities, railroad systems, etc. Hangzhou Huaguang Advanced Welding Materials Co., Ltd. was founded in 1995 and is headquartered in Hangzhou, China.

Hangzhou Huaguang Advanced Welding Materials Dividend Announcement

• Hangzhou Huaguang Advanced Welding Materials announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-30
• Hangzhou Huaguang Advanced Welding Materials annual dividend for 2024 was ¥0.15
• Hangzhou Huaguang Advanced Welding Materials's trailing twelve-month (TTM) dividend yield is 0.56%
• Hangzhou Huaguang Advanced Welding Materials's payout ratio for the trailing twelve months (TTM) is 46.24%

Hangzhou Huaguang Advanced Welding Materials Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-30¥0.15annually2024-05-30
2022-06-09¥0.16annually2022-06-09
2021-06-08¥0.23annually2021-06-08

Hangzhou Huaguang Advanced Welding Materials Dividend per year

Hangzhou Huaguang Advanced Welding Materials Dividend Yield

Hangzhou Huaguang Advanced Welding Materials current trailing twelve-month (TTM) dividend yield is 0.56%. Interested in purchasing Hangzhou Huaguang Advanced Welding Materials stock? Use our calculator to estimate your expected dividend yield:

Hangzhou Huaguang Advanced Welding Materials Financial Ratios

P/E ratio27.32
PEG ratio0.53
P/B ratio2.30
ROE8.72%
Payout ratio46.24%
Current ratio1.55
Quick ratio0.87
Cash Ratio0.10

Hangzhou Huaguang Advanced Welding Materials Dividend FAQ

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