Huafon Chemical Co., Ltd. produces and sells spandex in China. It offers Qianxi spandex yarn, a PU elastic fiber for use in the fields of underwear, swimming suits, socks, jeans, leisure sportswear, medical bandage, fabric ribbon, diapers, etc. It is also involved in producing cyclohexanone, as well as other benzene related products; the import and export of textile products, such as spandex fiber; and dealing with power and heat cogeneration business. The company was formerly known as Zhejiang Huafeng Spandex Co., Ltd. and changed its name to Huafon Chemical Co., Ltd. in January 2021. Huafon Chemical Co., Ltd. was founded in 1999 and is headquartered in Ruian, China.
Huafon Chemical Dividend Announcement
• Huafon Chemical announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-07-05
• Huafon Chemical annual dividend for 2024 was ¥0.15
• Huafon Chemical annual dividend for 2023 was ¥0.15
• Huafon Chemical's trailing twelve-month (TTM) dividend yield is 1.75%
• Huafon Chemical's payout ratio for the trailing twelve months (TTM) is 32.71%
• Huafon Chemical's dividend growth over the last five years (2018-2023) was 43.10% year
Huafon Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-05 | ¥0.15 | annually | 2024-07-05 |
2023-06-16 | ¥0.15 | annually | 2023-06-16 |
2022-06-09 | ¥0.30 | annually | 2022-06-09 |
2021-06-22 | ¥0.10 | annually | 2021-06-22 |
2020-06-10 | ¥0.05 | annually | 2020-06-10 |
2019-08-13 | ¥0.03 | annually | 2019-08-13 |
2018-07-13 | ¥0.03 | annually | 2018-07-13 |
2016-07-15 | ¥0.02 | annually | |
2015-06-01 | ¥0.05 | annually | |
2014-04-30 | ¥0.05 | annually | |
2013-08-21 | ¥0.10 | annually | |
2011-07-15 | ¥0.10 | annually |
Huafon Chemical Dividend per year
Huafon Chemical Dividend growth
Huafon Chemical Dividend Yield
Huafon Chemical current trailing twelve-month (TTM) dividend yield is 1.75%. Interested in purchasing Huafon Chemical stock? Use our calculator to estimate your expected dividend yield:
Huafon Chemical Financial Ratios
Huafon Chemical Dividend FAQ
Other factors to consider when evaluating Huafon Chemical 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.
Place an order: Use the brokerage's trading platform to place an order to buy Huafon Chemical 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.
1. Determination of Dividend: Huafon Chemical'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, Huafon Chemical 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, Huafon Chemical 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 Huafon Chemical 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: Huafon Chemical 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, Huafon Chemical distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Huafon Chemical 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 Huafon Chemical'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 Huafon Chemical'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.