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Henan Jinyuan Hydrogenated Chemicals Co., Ltd. engages in the processing, production, distribution, and sale of hydrogenated benzene-based chemicals and energy products in the People's Republic of China. Its hydrogenated benzene-based chemicals include pure benzene, toluene, and xylene; and energy products comprising liquefied natural gas (LNG) and coal gas. The company is also involved in the trading and retail of LNG and oil products; operation of oil and gas stations; steam services; and provision of multimodal transportation, warehousing, and distribution services for coal products. It serves nylon and fertilizers manufacturers, refined oil manufacturers, and other chemical companies, as well as industrial users, and trading and retail customers. The company was incorporated in 2012 and is headquartered in Jiyuan, China. Henan Jinyuan Hydrogenated Chemicals Co., Ltd. operates as a subsidiary of Henan Jinma Energy Company Limited.

Henan Jinyuan Hydrogenated Chemicals Dividend Announcement

• Henan Jinyuan Hydrogenated Chemicals announced a annually dividend of HK$0.02 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-05-24
• Henan Jinyuan Hydrogenated Chemicals annual dividend for 2024 was HK$0.02
• Henan Jinyuan Hydrogenated Chemicals's trailing twelve-month (TTM) dividend yield is 4.31%
• Henan Jinyuan Hydrogenated Chemicals's payout ratio for the trailing twelve months (TTM) is 8.59%

Henan Jinyuan Hydrogenated Chemicals Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-24HK$0.02annually2024-07-19

Henan Jinyuan Hydrogenated Chemicals Dividend per year

Henan Jinyuan Hydrogenated Chemicals Dividend Yield

Henan Jinyuan Hydrogenated Chemicals current trailing twelve-month (TTM) dividend yield is 4.31%. Interested in purchasing Henan Jinyuan Hydrogenated Chemicals stock? Use our calculator to estimate your expected dividend yield:

Henan Jinyuan Hydrogenated Chemicals Financial Ratios

P/E ratio13.13
PEG ratio0.13
P/B ratio0.43
ROE4.31%
Payout ratio8.59%
Current ratio1.44
Quick ratio1.11
Cash Ratio0.79

Henan Jinyuan Hydrogenated Chemicals Dividend FAQ

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