Hongbaoli Group Corporation, Ltd. researches, develops, produces, and sells polyether and isopropanol products in China. The company offers polyether polyol for use in refrigerator insulation, spray foam, building board, and pipe insulation materials; polyurethane exterior insulation board for use in exterior wall insulation/internal insulation/self-heat insulation, and other wall insulation; and isopropanolamine for use in surfactants, pharmaceutical and pesticide intermediates, metalworking fluids, and oil and natural gas applications. It also provides propylene oxide for use in polyether polyols, propylene glycol and ether, lubricant synthesis, surfactants, detergents, and insecticides; dicumyl peroxide for use in rubber vulcanizing agents, cable crosslinkers, shoe material initiators, flame retardant additives, etc.; and lithium battery material. In addition, the company offers supply chain finance. It serves the home appliances, construction, flexible packaging, transportation, shoes, medical, electronics, and other industries. Hongbaoli Group Corporation, Ltd. also exports its products to approximately 50 countries and regions. The company was formerly known as Nanjing Hongbaoli Corporation, Ltd. and changed its name to Hongbaoli Group Corporation, Ltd. in May 2015. Hongbaoli Group Corporation, Ltd. was founded in 1994 and is based in Nanjing, China.
Hongbaoli Dividend Announcement
• Hongbaoli announced a semi annually dividend of ¥0.03 per ordinary share which will be made payable on 2024-09-23. Ex dividend date: 2024-09-23
• Hongbaoli annual dividend for 2024 was ¥0.10
• Hongbaoli annual dividend for 2023 was ¥0.04
• Hongbaoli's trailing twelve-month (TTM) dividend yield is 2.0%
• Hongbaoli's payout ratio for the trailing twelve months (TTM) is 400.18%
• Hongbaoli's dividend growth over the last five years (2018-2023) was -7.79% year
Hongbaoli Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-23 | ¥0.03 | semi annually | 2024-09-23 |
2024-06-11 | ¥0.07 | semi annually | 2024-06-11 |
2023-06-13 | ¥0.04 | semi annually | 2023-06-13 |
2022-06-23 | ¥0.03 | semi annually | 2022-06-23 |
2021-10-18 | ¥0.08 | semi annually | 2021-10-18 |
2020-05-21 | ¥0.04 | semi annually | 2020-05-21 |
2019-06-10 | ¥0.04 | semi annually | 2019-06-10 |
2018-06-29 | ¥0.06 | semi annually | 2018-06-29 |
2017-06-28 | ¥0.08 | semi annually | 2017-06-28 |
2015-07-14 | ¥0.08 | semi annually | |
2014-06-27 | ¥0.06 | semi annually | |
2013-07-10 | ¥0.08 | semi annually | |
2012-06-20 | ¥0.10 | semi annually |
Hongbaoli Dividend per year
Hongbaoli Dividend growth
Hongbaoli Dividend Yield
Hongbaoli current trailing twelve-month (TTM) dividend yield is 2.0%. Interested in purchasing Hongbaoli stock? Use our calculator to estimate your expected dividend yield:
Hongbaoli Financial Ratios
Hongbaoli Dividend FAQ
Other factors to consider when evaluating Hongbaoli 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.
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1. Determination of Dividend: Hongbaoli'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, Hongbaoli 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, Hongbaoli 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 Hongbaoli 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.
1. Record Date: Hongbaoli 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, Hongbaoli distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hongbaoli 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.
To assess the safety of Hongbaoli'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 Hongbaoli'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.