Hoymiles Power Electronics Inc., a microinverter company, offers MLPE (module level power electronics) solutions for global solar investors and end users. The company offers microinverter, AC module, DTU, storage, and MLPE PV kit products. It offers service network, warranty, training, and system design services. Hoymiles Power Electronics Inc. was founded in 2008 and is based in Hangzhou, China with additional locations in South Korea, South Africa, Poland, Germany, France, Ireland, Brazil, the United States, and Canada.
Hoymiles Power Electronics Dividend Announcement
• Hoymiles Power Electronics announced a semi annually dividend of ¥3.60 per ordinary share which will be made payable on 2024-06-19. Ex dividend date: 2024-06-19 • Hoymiles Power Electronics annual dividend for 2024 was ¥3.60 • Hoymiles Power Electronics annual dividend for 2023 was ¥10.30 • Hoymiles Power Electronics's trailing twelve-month (TTM) dividend yield is 2.67% • Hoymiles Power Electronics's payout ratio for the trailing twelve months (TTM) is 177.85%
Hoymiles Power Electronics current trailing twelve-month (TTM) dividend yield is 2.67%. Interested in purchasing Hoymiles Power Electronics stock? Use our calculator to estimate your expected dividend yield:
Hoymiles Power Electronics Financial Ratios
P/E ratio48.48
PEG ratio0.42
P/B ratio2.66
ROE5.43%
Payout ratio177.85%
Current ratio4.18
Quick ratio3.51
Cash Ratio2.91
Hoymiles Power Electronics Dividend FAQ
How much is the next Hoymiles Power Electronics dividend?
Hoymiles Power Electronics's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hoymiles Power Electronics dividend. The next Hoymiles Power Electronics dividend will be released in June, or October.
When is Hoymiles Power Electronics dividend paid?
Hoymiles Power Electronics pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and October. 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 Hoymiles Power Electronics pay?
The specific amount of Hoymiles Power Electronics 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 Hoymiles Power Electronics's dividend history.
Does Hoymiles Power Electronics stock pay dividends?
Yes, Hoymiles Power Electronics 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 Hoymiles Power Electronics's dividend history.
How much dividend does Hoymiles Power Electronics pay?
Hoymiles Power Electronics paid ¥3.6 in 2024, ¥10.297 in 2023, ¥4.2 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Hoymiles Power Electronics pay dividends?
Hoymiles Power Electronics typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and October.
What is Hoymiles Power Electronics's dividend yield?
The current dividend yield for Hoymiles Power Electronics is 2.67%. 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 Hoymiles Power Electronics's exact dividend yield.
When does Hoymiles Power Electronics go ex dividend?
Hoymiles Power Electronics's ex-dividend date for the latest dividend was on 2024-06-19. Hoymiles Power Electronics 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 Hoymiles Power Electronics dividend paid?
Hoymiles Power Electronics pays dividends on a semi annually basis, typically around June, or October, but the exact dates can vary each year.
Will Hoymiles Power Electronics 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 Hoymiles Power Electronics 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 Hoymiles Power Electronics dividend per share?
Hoymiles Power Electronics paid ¥3.6 per share in 2024 and ¥10.297 per share in 2023. The amount of dividend per share that Hoymiles Power Electronics 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 Hoymiles Power Electronics 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 Hoymiles Power Electronics 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 Hoymiles Power Electronics a dividend stock?
Yes, Hoymiles Power Electronics is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hoymiles Power Electronics a good dividend stock?
Whether Hoymiles Power Electronics is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hoymiles Power Electronics has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Hoymiles Power Electronics 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 Hoymiles Power Electronics pay dividends monthly?
Hoymiles Power Electronics typically pays dividends on a semi annually basis.
Does Hoymiles Power Electronics pay dividends quarterly?
Hoymiles Power Electronics currently pays dividends on a semi annually basis.
Has Hoymiles Power Electronics ever paid a dividend?
Yes, Hoymiles Power Electronics has a history of paying dividends to its shareholders. Hoymiles Power Electronics is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hoymiles Power Electronics dividend stocks?
To buy Hoymiles Power Electronics 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 Hoymiles Power Electronics 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 Hoymiles Power Electronics pay dividends 2024?
Hoymiles Power Electronics pays dividends on a semi annually basis. 2024 dividend payments are in 2024-06-19. 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 Hoymiles Power Electronics increase its dividend in 2024?
Decisions regarding Hoymiles Power Electronics 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 Hoymiles Power Electronics dividend overview you can look into the above table of dividend history.
How Hoymiles Power Electronics dividend works?
The Hoymiles Power Electronics 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 Hoymiles Power Electronics's dividend process works:
1. Determination of Dividend: Hoymiles Power Electronics'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, Hoymiles Power Electronics 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, Hoymiles Power Electronics 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 Hoymiles Power Electronics 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 Hoymiles Power Electronics dividends paid?
Hoymiles Power Electronics dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Hoymiles Power Electronics 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, Hoymiles Power Electronics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hoymiles Power Electronics 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 Hoymiles Power Electronics pay dividends?
Hoymiles Power Electronics typically pays dividends on a semi 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 Hoymiles Power Electronics pay dividends?
The general pattern is that Hoymiles Power Electronics pays dividends around June, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Hoymiles Power Electronics dividend safe?
The safety of Hoymiles Power Electronics'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 Hoymiles Power Electronics'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 Hoymiles Power Electronics'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.