Hongli Zhihui Group Co.,Ltd. develops, produces, and sells LED products in China and internationally. It offers lighting components and modules, including COB LEDs, EMC LEDs, SMD LEDs, high power LEDs, and LED filament; health lighting solutions comprising educational lighting, circadian rhythm, and sunlight spectrum; horticulture lighting LEDs; automotive LED solutions, such as head lamps, turn signals, stop/working lamps, DRL products, and dashboard lamps; UVC and UVA LEDs; and components for display. The company was formerly known as Guangzhou Hongli Opto-Electronic Co., Ltd. and changed its name to Hongli Zhihui Group Co.,Ltd. in July 2016. Hongli Zhihui Group Co.,Ltd. was founded in 2004 and is headquartered in Guangzhou, China.
Hongli Zhihui Dividend Announcement
• Hongli Zhihui announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-06-13. Ex dividend date: 2024-06-13
• Hongli Zhihui annual dividend for 2024 was ¥0.10
• Hongli Zhihui's trailing twelve-month (TTM) dividend yield is 1.39%
• Hongli Zhihui's payout ratio for the trailing twelve months (TTM) is 85.76%
Hongli Zhihui Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-13 | ¥0.10 | annually | 2024-06-13 |
2019-06-06 | ¥0.30 | annually | 2019-06-06 |
2018-05-29 | ¥0.05 | annually | 2018-05-29 |
2017-05-31 | ¥0.03 | annually | 2017-05-31 |
2016-05-18 | ¥0.03 | annually | |
2015-07-20 | ¥0.03 | annually | |
2014-05-30 | ¥0.03 | annually | |
2013-06-21 | ¥0.03 | annually | |
2012-04-19 | ¥0.10 | annually |
Hongli Zhihui Dividend per year
Hongli Zhihui Dividend growth
Hongli Zhihui Dividend Yield
Hongli Zhihui current trailing twelve-month (TTM) dividend yield is 1.39%. Interested in purchasing Hongli Zhihui stock? Use our calculator to estimate your expected dividend yield:
Hongli Zhihui Financial Ratios
Hongli Zhihui Dividend FAQ
Other factors to consider when evaluating Hongli Zhihui 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: Hongli Zhihui'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, Hongli Zhihui 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, Hongli Zhihui 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 Hongli Zhihui 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: Hongli Zhihui 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, Hongli Zhihui distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hongli Zhihui 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 Hongli Zhihui'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 Hongli Zhihui'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.