Hanwei Electronics Group Corporation manufactures and markets gas sensors and instruments in China. It offers domestic gas alarm products, such as battery-operated CO alarm, AC powered CO alarm, independent natural or LPG gas alarm, smart gas detectors, combined CH4 and CO alarm, smoke detector, and air quality monitors; industrial gas detection, including gas leak, portable single gas, portable multi gas, fixed gas, open path gas, and flame detectors, as well as gas control panels; and alcohol tester products. Its products are used in various fields, such as petroleum, chemical, metallurgy, environmental protection, mining, electronics, electricity, pharmaceutical, food, medical health, agriculture, gas, water supply and discharge, heating, municipal engineering, home security and health, public areas, waste gas treatment, sewage treatment, biological sciences, aerospace, military, anti-terrorism, and traffic safety management. The company was formerly known as Henan Hanwei Electronics Co., Ltd. and changed its name to Hanwei Electronics Group Corporation in July 2017. Hanwei Electronics Group Corporation was founded in 1998 and is headquartered in Zhengzhou, China.
Hanwei Electronics Dividend Announcement
• Hanwei Electronics announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-29
• Hanwei Electronics annual dividend for 2024 was ¥0.10
• Hanwei Electronics annual dividend for 2023 was ¥0.12
• Hanwei Electronics's trailing twelve-month (TTM) dividend yield is 0.51%
• Hanwei Electronics's payout ratio for the trailing twelve months (TTM) is 95.41%
• Hanwei Electronics's dividend growth over the last five years (2018-2023) was 21.67% year
• Hanwei Electronics's dividend growth over the last ten years (2013-2023) was 9.15% year
Hanwei Electronics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-29 | ¥0.10 | annually | 2024-05-29 |
2023-05-18 | ¥0.12 | annually | 2023-05-18 |
2022-05-11 | ¥0.08 | annually | 2022-05-11 |
2021-05-21 | ¥0.06 | annually | 2021-05-21 |
2020-06-12 | ¥0.02 | annually | 2020-06-12 |
2019-06-21 | ¥0.01 | annually | 2019-06-21 |
2018-07-11 | ¥0.04 | annually | 2018-07-11 |
2017-07-31 | ¥0.04 | annually | 2017-07-31 |
2016-06-17 | ¥0.02 | annually | |
2015-06-24 | ¥0.05 | annually | |
2014-06-20 | ¥0.05 | annually | |
2013-06-21 | ¥0.05 | annually |
Hanwei Electronics Dividend per year
Hanwei Electronics Dividend growth
Hanwei Electronics Dividend Yield
Hanwei Electronics current trailing twelve-month (TTM) dividend yield is 0.51%. Interested in purchasing Hanwei Electronics stock? Use our calculator to estimate your expected dividend yield:
Hanwei Electronics Financial Ratios
Hanwei Electronics Dividend FAQ
Other factors to consider when evaluating Hanwei Electronics 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.
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1. Determination of Dividend: Hanwei Electronics'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, Hanwei Electronics 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, Hanwei Electronics 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 Hanwei Electronics 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.
1. Record Date: Hanwei Electronics 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, Hanwei Electronics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hanwei Electronics 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.
To assess the safety of Hanwei Electronics'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 Hanwei Electronics'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.