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Hebei Sinopack Electronic Technology Co.,Ltd. develops, produces, and sells multi-layer ceramic packaging products. The company offers electronic ceramic products for use in the areas of optical communication, industrial laser, infrared detector, microwave communication, automotive electronics, and consumer electronics. It also engages in the import and export business; and the provision of technical consulting services. The company was founded in 2009 and is based in Luquan, China.

Hebei Sinopack Electronic Technology Dividend Announcement

Hebei Sinopack Electronic Technology announced a annually dividend of ¥0.39 per ordinary share which will be made payable on 2024-06-11. Ex dividend date: 2024-06-11
Hebei Sinopack Electronic Technology annual dividend for 2024 was ¥0.39
Hebei Sinopack Electronic Technology's trailing twelve-month (TTM) dividend yield is 0.65%
Hebei Sinopack Electronic Technology's payout ratio for the trailing twelve months (TTM) is 25.09%

Hebei Sinopack Electronic Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-11¥0.39annually2024-06-11
2022-06-10¥0.21annually2022-06-10
2021-06-10¥0.26annually2021-06-10

Hebei Sinopack Electronic Technology Dividend per year

Hebei Sinopack Electronic Technology Dividend Yield

Hebei Sinopack Electronic Technology current trailing twelve-month (TTM) dividend yield is 0.65%. Interested in purchasing Hebei Sinopack Electronic Technology stock? Use our calculator to estimate your expected dividend yield:

Hebei Sinopack Electronic Technology Financial Ratios

P/E ratio51.87
PEG ratio2.58
P/B ratio4.56
ROE9.01%
Payout ratio25.09%
Current ratio4.41
Quick ratio3.87
Cash Ratio2.06

Hebei Sinopack Electronic Technology Dividend FAQ

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