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HIT Welding Industry Co.,Ltd develops, manufactures, and sells welding materials, welding accessories, and automatic welding equipment in China. The company offers gas shielding and submerged Arc welding wires; mobile rail flash wending machines; trackless autonomous crawling Arc welding robot machines; quantong stainless steel and aluminum welding wires; and Arc light electric welding electrodes. It also provides flux-cored wires, low alloy steel welding wires, electroless copper plating welding wires, welding strips, carbon steel welding wires, and welding fittings, as well as aluminum alloy and nickel-based welding wire. The company products are used in ships, rail vehicles, automobiles, petrochemicals, construction machinery, pressure vessels, marine engineering, aerospace, nuclear power and hydropower, and other fields. The company also exports its products. HIT Welding Industry Co.,Ltd was founded in 1996 and is based in Changzhou, China.

HIT Welding Industry Dividend Announcement

HIT Welding Industry announced a annually dividend of ¥0.13 per ordinary share which will be made payable on 2024-06-27. Ex dividend date: 2024-06-27
HIT Welding Industry annual dividend for 2024 was ¥0.13
HIT Welding Industry annual dividend for 2023 was ¥0.09
HIT Welding Industry's trailing twelve-month (TTM) dividend yield is 0.65%
HIT Welding Industry's payout ratio for the trailing twelve months (TTM) is 66.43%

HIT Welding Industry Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-27¥0.13annually2024-06-27
2023-06-21¥0.09annually2023-06-21
2022-06-23¥0.09annually2022-06-23

HIT Welding Industry Dividend per year

HIT Welding Industry Dividend growth

HIT Welding Industry Dividend Yield

HIT Welding Industry current trailing twelve-month (TTM) dividend yield is 0.65%. Interested in purchasing HIT Welding Industry stock? Use our calculator to estimate your expected dividend yield:

HIT Welding Industry Financial Ratios

P/E ratio81.80
PEG ratio-7.60
P/B ratio2.70
ROE3.29%
Payout ratio66.43%
Current ratio2.08
Quick ratio1.61
Cash Ratio0.59

HIT Welding Industry Dividend FAQ

How much is the next HIT Welding Industry dividend?
HIT Welding Industry's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next HIT Welding Industry dividend. The next HIT Welding Industry dividend will be released in June.
When is HIT Welding Industry dividend paid?
HIT Welding Industry pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 HIT Welding Industry pay?
The specific amount of HIT Welding Industry 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 HIT Welding Industry's dividend history.
Does HIT Welding Industry stock pay dividends?
Yes, HIT Welding Industry 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 HIT Welding Industry's dividend history.
How much dividend does HIT Welding Industry pay?
HIT Welding Industry paid ¥0.128 in 2024, ¥0.089 in 2023, ¥0.085 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does HIT Welding Industry pay dividends?
HIT Welding Industry 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 June.
What is HIT Welding Industry's dividend yield?
The current dividend yield for HIT Welding Industry is 0.65%. 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 HIT Welding Industry's exact dividend yield.
When does HIT Welding Industry go ex dividend?
HIT Welding Industry's ex-dividend date for the latest dividend was on 2024-06-27. HIT Welding Industry 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 HIT Welding Industry dividend paid?
HIT Welding Industry pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will HIT Welding Industry 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 HIT Welding Industry 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 HIT Welding Industry dividend per share?
HIT Welding Industry paid ¥0.128 per share in 2024 and ¥0.089 per share in 2023. The amount of dividend per share that HIT Welding Industry 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 HIT Welding Industry 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 HIT Welding Industry 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 HIT Welding Industry a dividend stock?
Yes, HIT Welding Industry is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is HIT Welding Industry a good dividend stock?
Whether HIT Welding Industry is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. HIT Welding Industry has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating HIT Welding Industry 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 HIT Welding Industry pay dividends monthly?
HIT Welding Industry typically pays dividends on a annually basis.
Does HIT Welding Industry pay dividends quarterly?
HIT Welding Industry currently pays dividends on a annually basis.
Has HIT Welding Industry ever paid a dividend?
Yes, HIT Welding Industry has a history of paying dividends to its shareholders. HIT Welding Industry is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy HIT Welding Industry dividend stocks?
To buy HIT Welding Industry 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 HIT Welding Industry 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 HIT Welding Industry pay dividends 2024?
HIT Welding Industry pays dividends on a annually basis. 2024 dividend payments are in 2024-06-27. 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 HIT Welding Industry increase its dividend in 2024?
Decisions regarding HIT Welding Industry 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 HIT Welding Industry dividend overview you can look into the above table of dividend history.
How HIT Welding Industry dividend works?
The HIT Welding Industry 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 HIT Welding Industry's dividend process works:

1. Determination of Dividend: HIT Welding Industry'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, HIT Welding Industry 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, HIT Welding Industry 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 HIT Welding Industry 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 HIT Welding Industry dividends paid?
HIT Welding Industry dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: HIT Welding Industry 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, HIT Welding Industry distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: HIT Welding Industry 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 HIT Welding Industry pay dividends?
HIT Welding Industry 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 HIT Welding Industry pay dividends?
The general pattern is that HIT Welding Industry pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is HIT Welding Industry dividend safe?
The safety of HIT Welding Industry'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 HIT Welding Industry'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 HIT Welding Industry'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.