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Hongfa Technology Co., Ltd. manufactures and supplies relays, medium and low voltage electrical appliances, high and low voltage complete equipment, connectors, capacitors, precision parts, and automation equipment worldwide. It offers a range of relays, including signal relays, automotive relays and modules, power relays, industrial relays, latching relays, new energy relays, etc. The company also provides low-voltage devices, such as intelligent circuit breakers, contactors, motor protectors, automatic transfer switching breakers, etc. Hongfa Technology Co., Ltd. was formerly known as WuHan LiNuo Solar Energy Group Co., Ltd. and changed its name to Hongfa Technology Co., Ltd. in December 2012. The company was founded in 1984 and is based in Xiamen, China.

Hongfa Technology Dividend Announcement

Hongfa Technology announced a annually dividend of ¥0.44 per ordinary share which will be made payable on 2024-06-20. Ex dividend date: 2024-06-20
Hongfa Technology annual dividend for 2024 was ¥0.44
Hongfa Technology annual dividend for 2023 was ¥0.36
Hongfa Technology's trailing twelve-month (TTM) dividend yield is 1.39%
Hongfa Technology's payout ratio for the trailing twelve months (TTM) is 32.48%
Hongfa Technology's dividend growth over the last five years (2018-2023) was -2.09% year

Hongfa Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-20¥0.44annually2024-06-20
2023-06-15¥0.36annually2023-06-15
2022-06-30¥0.60annually2022-06-30
2021-04-21¥0.34annually2021-04-21
2020-07-23¥0.29annually2020-07-23
2019-06-14¥0.29annually2019-06-14
2018-06-14¥0.40annually2018-06-14
2017-05-25¥0.25annually2017-05-25
2016-06-16¥0.20annually
2015-06-09¥0.30annually

Hongfa Technology Dividend per year

Hongfa Technology Dividend growth

Hongfa Technology Dividend Yield

Hongfa Technology current trailing twelve-month (TTM) dividend yield is 1.39%. Interested in purchasing Hongfa Technology stock? Use our calculator to estimate your expected dividend yield:

Hongfa Technology Financial Ratios

P/E ratio20.86
PEG ratio2.75
P/B ratio3.78
ROE18.82%
Payout ratio32.48%
Current ratio2.60
Quick ratio2.01
Cash Ratio0.71

Hongfa Technology Dividend FAQ

How much is the next Hongfa Technology dividend?
Hongfa Technology's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hongfa Technology dividend. The next Hongfa Technology dividend will be released in June.
When is Hongfa Technology dividend paid?
Hongfa Technology 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 Hongfa Technology pay?
The specific amount of Hongfa Technology 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 Hongfa Technology's dividend history.
Does Hongfa Technology stock pay dividends?
Yes, Hongfa Technology 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 Hongfa Technology's dividend history.
How much dividend does Hongfa Technology pay?
Hongfa Technology paid ¥0.439 in 2024, ¥0.36 in 2023, ¥0.601 in 2022, ¥0.34 in 2021, and ¥0.29 in 2020.
How often does Hongfa Technology pay dividends?
Hongfa Technology 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 Hongfa Technology's dividend yield?
The current dividend yield for Hongfa Technology is 1.39%. 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 Hongfa Technology's exact dividend yield.
When does Hongfa Technology go ex dividend?
Hongfa Technology's ex-dividend date for the latest dividend was on 2024-06-20. Hongfa Technology 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 Hongfa Technology dividend paid?
Hongfa Technology pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Hongfa Technology 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 Hongfa Technology 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 Hongfa Technology dividend per share?
Hongfa Technology paid ¥0.439 per share in 2024 and ¥0.36 per share in 2023. The amount of dividend per share that Hongfa Technology 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 Hongfa Technology 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 Hongfa Technology 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 Hongfa Technology a dividend stock?
Yes, Hongfa Technology is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hongfa Technology a good dividend stock?
Whether Hongfa Technology is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hongfa Technology has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Hongfa Technology 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 Hongfa Technology pay dividends monthly?
Hongfa Technology typically pays dividends on a annually basis.
Does Hongfa Technology pay dividends quarterly?
Hongfa Technology currently pays dividends on a annually basis.
Has Hongfa Technology ever paid a dividend?
Yes, Hongfa Technology has a history of paying dividends to its shareholders. Hongfa Technology is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hongfa Technology dividend stocks?
To buy Hongfa Technology 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 Hongfa Technology 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 Hongfa Technology pay dividends 2024?
Hongfa Technology pays dividends on a annually basis. 2024 dividend payments are in 2024-06-20. 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 Hongfa Technology increase its dividend in 2024?
Decisions regarding Hongfa Technology 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 Hongfa Technology dividend overview you can look into the above table of dividend history.
How Hongfa Technology dividend works?
The Hongfa Technology 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 Hongfa Technology's dividend process works:

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

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

3. Currency: Hongfa Technology 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 Hongfa Technology pay dividends?
Hongfa Technology 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 Hongfa Technology pay dividends?
The general pattern is that Hongfa Technology 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 Hongfa Technology dividend safe?
The safety of Hongfa Technology'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 Hongfa Technology'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 Hongfa Technology'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.