Hingtex Holdings Limited designs, manufactures, and sells woven denim fabrics in Hong Kong and the People's Republic of China. The company offers non-stretchable, stretchable cotton, and stretchable blended denim fabrics. It also provides sizing, dyeing, and finishing services on denim fabrics. The company was founded in 1981 and is headquartered in Zhongshan, the People's Republic of China. Hingtex Holdings Limited is a subsidiary of Manford Investment Holdings Limited.
Hingtex Dividend Announcement
• Hingtex announced a annually dividend of HK$0.01 per ordinary share which will be made payable on 2020-06-12. Ex dividend date: 2020-06-01
• Hingtex's trailing twelve-month (TTM) dividend yield is -%
Hingtex Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2020-06-01 | HK$0.01 | annually | 2020-06-12 |
2019-05-30 | HK$0.02 | annually | 2019-06-13 |
Hingtex Dividend per year
Hingtex Dividend Yield
Hingtex current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Hingtex stock? Use our calculator to estimate your expected dividend yield:
Hingtex Financial Ratios
Hingtex Dividend FAQ
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.
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