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Henan Yicheng New Energy Co., Ltd. manufactures and sells ultra-high power graphite electrodes and joints in China. The company offers PERC monocrystalline silicon cells, PERC monocrystalline silicon batteries, and lithium-ion battery anode materials, which as are mainly used in various lithium-ion battery fields such as digital power and energy storage. It also provides resin diamond wires and electroplated diamond wires; operates photovoltaic power stations; and operates sewage and industrial solid waste treatment plants. The company was founded in 1997 and is headquartered in Kaifeng, China.

Henan Yicheng New Energy Dividend Announcement

Henan Yicheng New Energy announced a annually dividend of ¥0.01 per ordinary share which will be made payable on . Ex dividend date: 2015-06-15
Henan Yicheng New Energy's trailing twelve-month (TTM) dividend yield is -%
Henan Yicheng New Energy's payout ratio for the trailing twelve months (TTM) is -33.34%

Henan Yicheng New Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-06-15¥0.01annually
2014-06-10¥0.04annually
2011-07-15¥0.40annually

Henan Yicheng New Energy Dividend per year

Henan Yicheng New Energy Dividend Yield

Henan Yicheng New Energy current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Henan Yicheng New Energy stock? Use our calculator to estimate your expected dividend yield:

Henan Yicheng New Energy Financial Ratios

P/E ratio-22.26
PEG ratio0.21
P/B ratio1.86
ROE-7.32%
Payout ratio-33.34%
Current ratio1.33
Quick ratio0.95
Cash Ratio0.31

Henan Yicheng New Energy Dividend FAQ

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