Hongrun Construction Group Co., Ltd. engages in construction business primarily in China. The company engages in construction of rail transit, municipal engineering, highways and bridges, underground space and integrated pipe corridors, water environmental protection, marine engineering, housing construction, etc. It is also involved in the real estate development, infrastructure project investment and construction, solar energy, and international education businesses. The company was founded in 1994 and is headquartered in Shanghai, China.
Hongrun Construction Dividend Announcement
• Hongrun Construction announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-05-17. Ex dividend date: 2024-05-17
• Hongrun Construction annual dividend for 2024 was ¥0.10
• Hongrun Construction annual dividend for 2023 was ¥0.10
• Hongrun Construction's trailing twelve-month (TTM) dividend yield is 2.44%
• Hongrun Construction's payout ratio for the trailing twelve months (TTM) is 75.28%
• Hongrun Construction's dividend growth over the last five years (2018-2023) was 14.87% year
Hongrun Construction Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-17 | ¥0.10 | annually | 2024-05-17 |
2023-06-12 | ¥0.10 | annually | |
2022-07-20 | ¥0.10 | annually | |
2021-05-27 | ¥0.12 | annually | |
2020-06-03 | ¥0.05 | annually | |
2019-05-17 | ¥0.05 | annually | |
2018-05-17 | ¥0.05 | annually | |
2017-05-26 | ¥0.05 | annually | |
2016-04-29 | ¥0.10 | annually | |
2015-06-01 | ¥0.10 | annually | |
2014-04-30 | ¥0.07 | annually | |
2013-05-16 | ¥0.10 | annually |
Hongrun Construction Dividend per year
Hongrun Construction Dividend growth
Hongrun Construction Dividend Yield
Hongrun Construction current trailing twelve-month (TTM) dividend yield is 2.44%. Interested in purchasing Hongrun Construction stock? Use our calculator to estimate your expected dividend yield:
Hongrun Construction Financial Ratios
Hongrun Construction Dividend FAQ
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.
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