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Hubei Heyuan Gas Co.,Ltd. engages in the gas production and sale, and industrial tail gas recovery and purification businesses in China. The company offers medical oxygen, industrial oxygen, food nitrogen, industrial nitrogen, argon, hydrogen, helium, mixed gas, natural gas, carbon dioxide, acetylene, propane, and other liquid, and gaseous products. Its products are used in chemical, food, energy, lighting, home appliance, steel, machinery, agriculture, photovoltaic, telecommunication, electronic, and medical industries. The company was founded in 2003 and is headquartered in Yichang, China.

Hubei Heyuan Gas Dividend Announcement

Hubei Heyuan Gas announced a annually dividend of ¥0.08 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-07-05
Hubei Heyuan Gas annual dividend for 2024 was ¥0.08
Hubei Heyuan Gas's trailing twelve-month (TTM) dividend yield is 0.43%
Hubei Heyuan Gas's payout ratio for the trailing twelve months (TTM) is 32.92%

Hubei Heyuan Gas Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-05¥0.08annually2024-07-05
2022-06-01¥0.10annually2022-06-01
2021-05-28¥0.20annually2021-05-28

Hubei Heyuan Gas Dividend per year

Hubei Heyuan Gas Dividend Yield

Hubei Heyuan Gas current trailing twelve-month (TTM) dividend yield is 0.43%. Interested in purchasing Hubei Heyuan Gas stock? Use our calculator to estimate your expected dividend yield:

Hubei Heyuan Gas Financial Ratios

P/E ratio54.57
PEG ratio2.13
P/B ratio3.63
ROE6.75%
Payout ratio32.92%
Current ratio0.65
Quick ratio0.61
Cash Ratio0.20

Hubei Heyuan Gas Dividend FAQ

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