company-logo

Hangzhou Steam Turbine Co., Ltd. designs, manufactures, sells, and services steam turbines, gas turbines, and auxiliary turbines in China. Its products are used in various industries, including power plants, petrochemicals, chemicals, fertilizers, metallurgy, building materials, and light industry. The company also exports its products to the United States, Australia, Russia, Finland, Turkey, Iran, India, Thailand, South-east Asia, Africa, the Middle East, etc. The company was founded in 1958 and is headquartered in Hangzhou, China. Hangzhou Steam Turbine Co., Ltd. operates as a subsidiary of Hangzhou Steam Turbine Power Group Co., Ltd.

Hangzhou Steam Turbine Dividend Announcement

Hangzhou Steam Turbine announced a annually dividend of HK$0.55 per ordinary share which will be made payable on 2024-06-07. Ex dividend date: 2024-06-05
Hangzhou Steam Turbine annual dividend for 2024 was HK$0.55
Hangzhou Steam Turbine annual dividend for 2023 was HK$0.41
Hangzhou Steam Turbine's trailing twelve-month (TTM) dividend yield is 5.19%
Hangzhou Steam Turbine's payout ratio for the trailing twelve months (TTM) is 157.81%
Hangzhou Steam Turbine's dividend growth over the last five years (2018-2023) was 46.05% year

Hangzhou Steam Turbine Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-05HK$0.55annually2024-06-07
2023-06-14HK$0.41annually2023-06-16
2022-05-24HK$0.48annually2022-05-26
2021-06-16HK$0.30annually2021-06-18
2020-07-08HK$0.22annually2020-07-10
2019-05-31HK$0.23annually2019-06-04
2018-05-28HK$0.06annually2018-05-30
2015-06-18HK$0.10annually
2014-07-10HK$0.25annually
2013-08-14HK$0.40annually
2012-06-26HK$0.21annually
2011-06-22HK$0.40annually

Hangzhou Steam Turbine Dividend per year

Hangzhou Steam Turbine Dividend growth

Hangzhou Steam Turbine Dividend Yield

Hangzhou Steam Turbine current trailing twelve-month (TTM) dividend yield is 5.19%. Interested in purchasing Hangzhou Steam Turbine stock? Use our calculator to estimate your expected dividend yield:

Hangzhou Steam Turbine Financial Ratios

P/E ratio29.13
PEG ratio-43.59
P/B ratio1.49
ROE5.29%
Payout ratio157.81%
Current ratio1.62
Quick ratio1.12
Cash Ratio0.32

Hangzhou Steam Turbine Dividend FAQ

How much is the next Hangzhou Steam Turbine dividend?
Hangzhou Steam Turbine's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hangzhou Steam Turbine dividend. The next Hangzhou Steam Turbine dividend will be released in June.
When is Hangzhou Steam Turbine dividend paid?
Hangzhou Steam Turbine pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Hangzhou Steam Turbine pay?
The specific amount of Hangzhou Steam Turbine dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Hangzhou Steam Turbine's dividend history.
Does Hangzhou Steam Turbine stock pay dividends?
Yes, Hangzhou Steam Turbine does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Hangzhou Steam Turbine's dividend history.
How much dividend does Hangzhou Steam Turbine pay?
Hangzhou Steam Turbine paid HK$0.549 in 2024, HK$0.41 in 2023, HK$0.478 in 2022, HK$0.302 in 2021, and HK$0.219 in 2020.
How often does Hangzhou Steam Turbine pay dividends?
Hangzhou Steam Turbine typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Hangzhou Steam Turbine's dividend yield?
The current dividend yield for Hangzhou Steam Turbine is 5.19%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Hangzhou Steam Turbine's exact dividend yield.
When does Hangzhou Steam Turbine go ex dividend?
Hangzhou Steam Turbine's ex-dividend date for the latest dividend was on 2024-06-05. Hangzhou Steam Turbine typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Hangzhou Steam Turbine dividend paid?
Hangzhou Steam Turbine pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Hangzhou Steam Turbine increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Hangzhou Steam Turbine will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Hangzhou Steam Turbine dividend per share?
Hangzhou Steam Turbine paid HK$0.549 per share in 2024 and HK$0.41 per share in 2023. The amount of dividend per share that Hangzhou Steam Turbine pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Hangzhou Steam Turbine a dividend aristocrat?
No, 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 Steam Turbine a dividend king?
No, 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 Steam Turbine a dividend stock?
Yes, Hangzhou Steam Turbine is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hangzhou Steam Turbine a good dividend stock?
Whether Hangzhou Steam Turbine is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hangzhou Steam Turbine has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Hangzhou Steam Turbine 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.
Does Hangzhou Steam Turbine pay dividends monthly?
Hangzhou Steam Turbine typically pays dividends on a annually basis.
Does Hangzhou Steam Turbine pay dividends quarterly?
Hangzhou Steam Turbine currently pays dividends on a annually basis.
Has Hangzhou Steam Turbine ever paid a dividend?
Yes, Hangzhou Steam Turbine has a history of paying dividends to its shareholders. Hangzhou Steam Turbine is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hangzhou Steam Turbine dividend stocks?
To buy Hangzhou Steam Turbine 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Hangzhou Steam Turbine 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.
When does Hangzhou Steam Turbine pay dividends 2024?
Hangzhou Steam Turbine pays dividends on a annually basis. 2024 dividend payments are in 2024-06-07. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Hangzhou Steam Turbine increase its dividend in 2024?
Decisions regarding Hangzhou Steam Turbine dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Hangzhou Steam Turbine dividend overview you can look into the above table of dividend history.
How Hangzhou Steam Turbine dividend works?
The Hangzhou Steam Turbine dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Hangzhou Steam Turbine's dividend process works:

1. Determination of Dividend: Hangzhou Steam Turbine'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, Hangzhou Steam Turbine 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, Hangzhou Steam Turbine 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 Hangzhou Steam Turbine 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.
How are Hangzhou Steam Turbine dividends paid?
Hangzhou Steam Turbine dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Hangzhou Steam Turbine 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, Hangzhou Steam Turbine distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Hangzhou Steam Turbine 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.
How many times does Hangzhou Steam Turbine pay dividends?
Hangzhou Steam Turbine typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Hangzhou Steam Turbine pay dividends?
The general pattern is that Hangzhou Steam Turbine pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Hangzhou Steam Turbine dividend safe?
The safety of Hangzhou Steam Turbine's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Hangzhou Steam Turbine'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 Hangzhou Steam Turbine'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.