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Hitevision Co., Ltd. engages in the research, design, development, production, and sale of interactive display products and audio-visual solutions in China. Its interactive display products primarily include smart interactive tablets, smart blackboards, interactive electronic whiteboards, projectors, video booths, interactive recording systems, electronic schoolbag systems, and electronic class card systems for primary and secondary schools, higher vocational schools, preschool education, training institutions, and other educational markets, as well as office, party building, conferences and exhibitions, and media markets. The company also offers audio-visual solutions, such as smart campus, smart classroom, smart party building, smart conference, monitoring control, command scheduling, exhibition display, etc. In addition, it provides interactive teaching software. The company was founded in 1990 and is based in Beijing, China.

Hitevision Dividend Announcement

• Hitevision announced a annually dividend of ¥0.42 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-07-05
• Hitevision annual dividend for 2024 was ¥0.42
• Hitevision annual dividend for 2023 was ¥1.28
• Hitevision's trailing twelve-month (TTM) dividend yield is 1.81%
• Hitevision's payout ratio for the trailing twelve months (TTM) is 0.80%

Hitevision Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-05¥0.42annually2024-07-05
2023-07-06¥1.28annually2023-07-06

Hitevision Dividend per year

Hitevision Dividend Yield

Hitevision current trailing twelve-month (TTM) dividend yield is 1.81%. Interested in purchasing Hitevision stock? Use our calculator to estimate your expected dividend yield:

Hitevision Financial Ratios

P/E ratio20.46
PEG ratio0.05
P/B ratio1.55
ROE7.71%
Payout ratio0.80%
Current ratio3.76
Quick ratio3.05
Cash Ratio1.76

Hitevision Dividend FAQ

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