Hebei Huatong Wires and Cables Group Co., Ltd. produces and sells wires and cables in China. Its products include XLPE insulating power cables with voltage up to 35kV, PVC insulated power cables, mining cables, general rubber sheathed flexible cables, submersible oil pump cables, locomotive-vehicle cables, shipboard offshore cables and navy cables, nuclear station cables, pre-fabricated branch cables, aerial cables, control cables, special cables, the motor winding connecting conductors, aluminum stranded conductor and aluminum stranded steel-core reinforced conductor, and others. The company also exports its products to the United States, Holland, Italy, Russia, Britain, Australia, New Zealand, Ethiopia, Ghana, Congo, the Middle East, and Southeast Asia. Hebei Huatong Wires and Cables Group Co., Ltd. was founded in 1993 and is based in Tangshan, China.
Hebei Huatong Wires and Cables Dividend Announcement
• Hebei Huatong Wires and Cables announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-07-17. Ex dividend date: 2024-07-17 • Hebei Huatong Wires and Cables annual dividend for 2024 was ¥0.07 • Hebei Huatong Wires and Cables annual dividend for 2023 was ¥0.05 • Hebei Huatong Wires and Cables's trailing twelve-month (TTM) dividend yield is 0.58% • Hebei Huatong Wires and Cables's payout ratio for the trailing twelve months (TTM) is 28.63%
Hebei Huatong Wires and Cables current trailing twelve-month (TTM) dividend yield is 0.58%. Interested in purchasing Hebei Huatong Wires and Cables stock? Use our calculator to estimate your expected dividend yield:
Hebei Huatong Wires and Cables Financial Ratios
P/E ratio17.63
PEG ratio-1.20
P/B ratio2.02
ROE11.84%
Payout ratio28.63%
Current ratio1.71
Quick ratio1.21
Cash Ratio0.40
Hebei Huatong Wires and Cables Dividend FAQ
How much is the next Hebei Huatong Wires and Cables dividend?
Hebei Huatong Wires and Cables's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hebei Huatong Wires and Cables dividend. The next Hebei Huatong Wires and Cables dividend will be released in July.
When is Hebei Huatong Wires and Cables dividend paid?
Hebei Huatong Wires and Cables pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Hebei Huatong Wires and Cables pay?
The specific amount of Hebei Huatong Wires and Cables 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 Hebei Huatong Wires and Cables's dividend history.
Does Hebei Huatong Wires and Cables stock pay dividends?
Yes, Hebei Huatong Wires and Cables 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 Hebei Huatong Wires and Cables's dividend history.
How much dividend does Hebei Huatong Wires and Cables pay?
Hebei Huatong Wires and Cables paid ¥0.071 in 2024, ¥0.051 in 2023, ¥0.024 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Hebei Huatong Wires and Cables pay dividends?
Hebei Huatong Wires and Cables 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 July.
What is Hebei Huatong Wires and Cables's dividend yield?
The current dividend yield for Hebei Huatong Wires and Cables is 0.58%. 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 Hebei Huatong Wires and Cables's exact dividend yield.
When does Hebei Huatong Wires and Cables go ex dividend?
Hebei Huatong Wires and Cables's ex-dividend date for the latest dividend was on 2024-07-17. Hebei Huatong Wires and Cables 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 Hebei Huatong Wires and Cables dividend paid?
Hebei Huatong Wires and Cables pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Hebei Huatong Wires and Cables 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 Hebei Huatong Wires and Cables 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 Hebei Huatong Wires and Cables dividend per share?
Hebei Huatong Wires and Cables paid ¥0.071 per share in 2024 and ¥0.051 per share in 2023. The amount of dividend per share that Hebei Huatong Wires and Cables 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 Hebei Huatong Wires and Cables 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 Hebei Huatong Wires and Cables 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 Hebei Huatong Wires and Cables a dividend stock?
Yes, Hebei Huatong Wires and Cables is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hebei Huatong Wires and Cables a good dividend stock?
Whether Hebei Huatong Wires and Cables is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hebei Huatong Wires and Cables has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Hebei Huatong Wires and Cables 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 Hebei Huatong Wires and Cables pay dividends monthly?
Hebei Huatong Wires and Cables typically pays dividends on a annually basis.
Does Hebei Huatong Wires and Cables pay dividends quarterly?
Hebei Huatong Wires and Cables currently pays dividends on a annually basis.
Has Hebei Huatong Wires and Cables ever paid a dividend?
Yes, Hebei Huatong Wires and Cables has a history of paying dividends to its shareholders. Hebei Huatong Wires and Cables is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hebei Huatong Wires and Cables dividend stocks?
To buy Hebei Huatong Wires and Cables 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 Hebei Huatong Wires and Cables 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 Hebei Huatong Wires and Cables pay dividends 2024?
Hebei Huatong Wires and Cables pays dividends on a annually basis. 2024 dividend payments are in 2024-07-17. 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 Hebei Huatong Wires and Cables increase its dividend in 2024?
Decisions regarding Hebei Huatong Wires and Cables 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 Hebei Huatong Wires and Cables dividend overview you can look into the above table of dividend history.
How Hebei Huatong Wires and Cables dividend works?
The Hebei Huatong Wires and Cables 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 Hebei Huatong Wires and Cables's dividend process works:
1. Determination of Dividend: Hebei Huatong Wires and Cables'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, Hebei Huatong Wires and Cables 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, Hebei Huatong Wires and Cables 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 Hebei Huatong Wires and Cables 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 Hebei Huatong Wires and Cables dividends paid?
Hebei Huatong Wires and Cables dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Hebei Huatong Wires and Cables 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, Hebei Huatong Wires and Cables distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hebei Huatong Wires and Cables 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 Hebei Huatong Wires and Cables pay dividends?
Hebei Huatong Wires and Cables 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 Hebei Huatong Wires and Cables pay dividends?
The general pattern is that Hebei Huatong Wires and Cables pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Hebei Huatong Wires and Cables dividend safe?
The safety of Hebei Huatong Wires and Cables'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 Hebei Huatong Wires and Cables'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 Hebei Huatong Wires and Cables'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.