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 0.33%
• Hubei Heyuan Gas's payout ratio for the trailing twelve months (TTM) is 27.26%
Hubei Heyuan Gas Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-05 | ¥0.08 | annually | 2024-07-05 |
2022-06-01 | ¥0.10 | annually | 2022-06-01 |
2021-05-28 | ¥0.20 | annually | 2021-05-28 |
Hubei Heyuan Gas Dividend per year
Hubei Heyuan Gas Dividend Yield
Hubei Heyuan Gas current trailing twelve-month (TTM) dividend yield is 0.33%. Interested in purchasing Hubei Heyuan Gas stock? Use our calculator to estimate your expected dividend yield:
Hubei Heyuan Gas Financial Ratios
Hubei Heyuan Gas 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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