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Honghua Group Limited, an investment holding company, engages in the research, design, manufacture, setting, and sale of land rigs, related parts, and components. It operates through Land Drilling Rigs; Parts and Components and Others; Drilling Engineering Services; and Fracturing segments. The company designs and manufactures mast and substructures, as well as hoisting, rotating, high- and low-pressure mud, and auxiliary system parts for rigs; manufactures and assembles rig electrical equipment, including VFD systems, SCR systems, MCC systems, drilling motors, well site circuitry and lighting systems, etc.; and manufactures mud tanks, solids control equipment, drill floor tools, mud manifolds and personnel camps, etc. It also offers various oil and gas engineering services, including well drilling, directional drilling, and seismic services for CNOOC, SHELL, MOGE, PTTEP, NOBEL, etc. In addition, the company provides direct financing lease, operating leasing, sale and leaseback, sublease, and trust and joint lease financing services. Further, it manufactures panels of drilling rigs; trades in drilling rigs and related parts; designs and manufactures offshore drilling modules; and provides technical support, and drilling and fracturing engineering services, as well as after-sales service covering rig installation, commissioning, and solution. The company operates in the People's Republic of China, the Americas, the Middle East, Europe, and Africa, as well as Central, South, and South East Asia. Honghua Group Limited was founded in 1997 and is headquartered in Chengdu, the People's Republic of China.

Honghua Dividend Announcement

• Honghua announced a annually dividend of HK$0.06 per ordinary share which will be made payable on . Ex dividend date: 2014-05-27
• Honghua's trailing twelve-month (TTM) dividend yield is -%

Honghua Dividend History

Ex-Div dateDividend amountDividend typePay date
2014-05-27HK$0.06annually
2013-05-28HK$0.06annually
2012-05-24HK$0.04annually
2009-05-26HK$0.06annually
2008-09-29HK$0.10annually

Honghua Dividend per year

Honghua Dividend growth

Honghua Dividend Yield

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

Honghua Financial Ratios

P/E ratio-3.30
PEG ratio-0.38
P/B ratio0.38
ROE-12.47%
Payout ratio0.00%
Current ratio1.19
Quick ratio0.93
Cash Ratio0.12

Honghua Dividend FAQ

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