company-logo

Hengli Industrial Development Group Co., Ltd. researches and develops, manufactures, and sells automobile air conditioning equipment in China. The company offers car, truck and engineering vehicle, and special vehicle air conditioning equipment; and air conditioning compressors and other products. It is also involved in real estate management and investment management activities. The company is based in Yueyang, China.

Hengli Industrial Development Dividend Announcement

Hengli Industrial Development announced a annually dividend of ¥0.03 per ordinary share which will be made payable on . Ex dividend date: 2001-06-28
Hengli Industrial Development's trailing twelve-month (TTM) dividend yield is -%
Hengli Industrial Development's payout ratio for the trailing twelve months (TTM) is -7.62%

Hengli Industrial Development Dividend History

Ex-Div dateDividend amountDividend typePay date
2001-06-28¥0.03annually

Hengli Industrial Development Dividend per year

Hengli Industrial Development Dividend Yield

Hengli Industrial Development current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Hengli Industrial Development stock? Use our calculator to estimate your expected dividend yield:

Hengli Industrial Development Financial Ratios

P/E ratio-36.36
PEG ratio0.27
P/B ratio4.85
ROE-12.72%
Payout ratio-7.62%
Current ratio1.20
Quick ratio1.01
Cash Ratio0.28

Hengli Industrial Development Dividend FAQ

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