Henan Ancai Hi-Tech Co.,Ltd primarily researches, develops, produces, and sells glass products in China and internationally. The company provides photovoltaic module encapsulation glass products. It also produces, transports, and sells compressed natural gas (CNG) and liquefied natural gas (LNG). The company is based in Anyang, China.
Henan Ancai Hi-Tech Dividend Announcement
• Henan Ancai Hi-Tech announced a annually dividend of ¥0.22 per ordinary share which will be made payable on . Ex dividend date: 2005-05-12
• Henan Ancai Hi-Tech's trailing twelve-month (TTM) dividend yield is -%
• Henan Ancai Hi-Tech's payout ratio for the trailing twelve months (TTM) is -44.38%
Henan Ancai Hi-Tech Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2005-05-12 | ¥0.22 | annually | |
| 2004-07-05 | ¥0.22 | annually | |
| 2003-06-06 | ¥0.15 | annually | |
| 2002-06-21 | ¥0.15 | annually | |
| 2001-05-30 | ¥0.37 | annually | |
| 2000-06-23 | ¥0.15 | annually |
Henan Ancai Hi-Tech Dividend per year
Henan Ancai Hi-Tech Dividend growth
Henan Ancai Hi-Tech Dividend Yield
Henan Ancai Hi-Tech current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Henan Ancai Hi-Tech stock? Use our calculator to estimate your expected dividend yield:
Henan Ancai Hi-Tech Financial Ratios
P/E ratio-40.12
PEG ratio-0.13
P/B ratio1.93
ROE-4.70%
Payout ratio-44.38%
Current ratio1.13
Quick ratio0.98
Cash Ratio0.29
Henan Ancai Hi-Tech Dividend FAQ
Does Henan Ancai Hi-Tech stock pay dividends?
Henan Ancai Hi-Tech does not currently pay dividends to its shareholders.
Has Henan Ancai Hi-Tech ever paid a dividend?
No, Henan Ancai Hi-Tech has no a history of paying dividends to its shareholders. Henan Ancai Hi-Tech is not known for its dividend payments.
Why doesn't Henan Ancai Hi-Tech pay dividends?
There are several potential reasons why Henan Ancai Hi-Tech 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.
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 Henan Ancai Hi-Tech 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 Henan Ancai Hi-Tech 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 Henan Ancai Hi-Tech a dividend aristocrat?
Henan Ancai Hi-Tech 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 Henan Ancai Hi-Tech a dividend king?
Henan Ancai Hi-Tech 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 Henan Ancai Hi-Tech a dividend stock?
No, Henan Ancai Hi-Tech 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 Henan Ancai Hi-Tech stocks?
To buy Henan Ancai Hi-Tech 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 Henan Ancai Hi-Tech 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.
Place an order: Use the brokerage's trading platform to place an order to buy Henan Ancai Hi-Tech 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.