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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 dateDividend amountDividend typePay date
2024-05-17¥0.10annually2024-05-17
2023-06-12¥0.10annually
2022-07-20¥0.10annually
2021-05-27¥0.12annually
2020-06-03¥0.05annually
2019-05-17¥0.05annually
2018-05-17¥0.05annually
2017-05-26¥0.05annually
2016-04-29¥0.10annually
2015-06-01¥0.10annually
2014-04-30¥0.07annually
2013-05-16¥0.10annually

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

P/E ratio13.96
PEG ratio-4.04
P/B ratio1.01
ROE7.30%
Payout ratio75.28%
Current ratio1.24
Quick ratio1.07
Cash Ratio0.29

Hongrun Construction Dividend FAQ

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