Hengtong Optic-Electric Co., Ltd. operates in fiber optic communications industry in China and internationally. It offers fiber optic network, quantum security communication, and ocean observation network products; power transmission products; smart ocean system solutions; rail transit solutions; smart city solutions; and big data systems. Hengtong Optic-Electric Co., Ltd. was founded in 1993 and is based in Suzhou, China.
Hengtong Optic-Electric Dividend Announcement
• Hengtong Optic-Electric announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-07-16. Ex dividend date: 2024-07-16 • Hengtong Optic-Electric annual dividend for 2024 was ¥0.15 • Hengtong Optic-Electric annual dividend for 2023 was ¥0.08 • Hengtong Optic-Electric's trailing twelve-month (TTM) dividend yield is 0.87% • Hengtong Optic-Electric's payout ratio for the trailing twelve months (TTM) is 15.22% • Hengtong Optic-Electric's dividend growth over the last five years (2018-2023) was -12.94% year • Hengtong Optic-Electric's dividend growth over the last ten years (2013-2023) was -3.13% year
Hengtong Optic-Electric current trailing twelve-month (TTM) dividend yield is 0.87%. Interested in purchasing Hengtong Optic-Electric stock? Use our calculator to estimate your expected dividend yield:
Hengtong Optic-Electric Financial Ratios
P/E ratio15.54
PEG ratio3.06
P/B ratio1.46
ROE9.92%
Payout ratio15.22%
Current ratio1.62
Quick ratio1.31
Cash Ratio0.34
Hengtong Optic-Electric Dividend FAQ
How much is the next Hengtong Optic-Electric dividend?
Hengtong Optic-Electric's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hengtong Optic-Electric dividend. The next Hengtong Optic-Electric dividend will be released in July.
When is Hengtong Optic-Electric dividend paid?
Hengtong Optic-Electric pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Hengtong Optic-Electric pay?
The specific amount of Hengtong Optic-Electric dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Hengtong Optic-Electric's dividend history.
Does Hengtong Optic-Electric stock pay dividends?
Yes, Hengtong Optic-Electric does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Hengtong Optic-Electric's dividend history.
How much dividend does Hengtong Optic-Electric pay?
Hengtong Optic-Electric paid ¥0.15 in 2024, ¥0.08 in 2023, ¥0.07 in 2022, ¥0.06 in 2021, and ¥0.08 in 2020.
How often does Hengtong Optic-Electric pay dividends?
Hengtong Optic-Electric typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is Hengtong Optic-Electric's dividend yield?
The current dividend yield for Hengtong Optic-Electric is 0.87%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Hengtong Optic-Electric's exact dividend yield.
When does Hengtong Optic-Electric go ex dividend?
Hengtong Optic-Electric's ex-dividend date for the latest dividend was on 2024-07-16. Hengtong Optic-Electric typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Hengtong Optic-Electric dividend paid?
Hengtong Optic-Electric pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Hengtong Optic-Electric increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Hengtong Optic-Electric will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Hengtong Optic-Electric dividend per share?
Hengtong Optic-Electric paid ¥0.15 per share in 2024 and ¥0.08 per share in 2023. The amount of dividend per share that Hengtong Optic-Electric pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Hengtong Optic-Electric a dividend aristocrat?
No, 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 Hengtong Optic-Electric a dividend king?
No, 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 Hengtong Optic-Electric a dividend stock?
Yes, Hengtong Optic-Electric is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hengtong Optic-Electric a good dividend stock?
Whether Hengtong Optic-Electric is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hengtong Optic-Electric has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Hengtong Optic-Electric as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Hengtong Optic-Electric pay dividends monthly?
Hengtong Optic-Electric typically pays dividends on a annually basis.
Does Hengtong Optic-Electric pay dividends quarterly?
Hengtong Optic-Electric currently pays dividends on a annually basis.
Has Hengtong Optic-Electric ever paid a dividend?
Yes, Hengtong Optic-Electric has a history of paying dividends to its shareholders. Hengtong Optic-Electric is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hengtong Optic-Electric dividend stocks?
To buy Hengtong Optic-Electric 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Hengtong Optic-Electric 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.
When does Hengtong Optic-Electric pay dividends 2024?
Hengtong Optic-Electric pays dividends on a annually basis. 2024 dividend payments are in 2024-07-16. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Hengtong Optic-Electric increase its dividend in 2024?
Decisions regarding Hengtong Optic-Electric dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Hengtong Optic-Electric dividend overview you can look into the above table of dividend history.
How Hengtong Optic-Electric dividend works?
The Hengtong Optic-Electric dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Hengtong Optic-Electric's dividend process works:
1. Determination of Dividend: Hengtong Optic-Electric's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Hengtong Optic-Electric publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Hengtong Optic-Electric distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Hengtong Optic-Electric are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Hengtong Optic-Electric dividends paid?
Hengtong Optic-Electric dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Hengtong Optic-Electric sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Hengtong Optic-Electric distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hengtong Optic-Electric declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Hengtong Optic-Electric pay dividends?
Hengtong Optic-Electric typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Hengtong Optic-Electric pay dividends?
The general pattern is that Hengtong Optic-Electric pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Hengtong Optic-Electric dividend safe?
The safety of Hengtong Optic-Electric's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Hengtong Optic-Electric's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Hengtong Optic-Electric's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.