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Hubei Shuanghuan Science and Technology Stock Co.,Ltd primarily produces and sells heavy soda ash in China. Its heavy soda ash is used in manufacturing float glass. The company also provides light soda ash for manufacturing food, smelting, daily cleaning, and flat glass products; agricultural ammonium chloride; and industrial anhydrous sodium sulfate for use in vinylon, foam alkali, bleaching and dyeing, synthetic lotion, glass, paper, leather, oil and gas pipeline anticorrosion, metal smelting, surface treatment, filler, and other industries. In addition, it develops, leases, and sells real estate properties; offers ammonia, liquid argon, sulfur, oxygen, fly ash, sulfuric acid, liquefied natural gas, and nitrogen; and produces and sells steam. The company also exports its products. Hubei Shuanghuan Science and Technology Stock Co.,Ltd is based in Yingcheng, China.

Hubei Shuanghuan Science and Technology Stock Dividend Announcement

• Hubei Shuanghuan Science and Technology Stock announced a annually dividend of ¥0.14 per ordinary share which will be made payable on 2024-06-21. Ex dividend date: 2024-06-21
• Hubei Shuanghuan Science and Technology Stock annual dividend for 2024 was ¥0.14
• Hubei Shuanghuan Science and Technology Stock's trailing twelve-month (TTM) dividend yield is 1.76%
• Hubei Shuanghuan Science and Technology Stock's payout ratio for the trailing twelve months (TTM) is 13.17%

Hubei Shuanghuan Science and Technology Stock Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-21¥0.14annually2024-06-21
2016-08-04¥0.01annually
2015-06-19¥0.01annually
2013-08-20¥0.01annually
2012-08-21¥0.10annually
2011-06-24¥0.05annually
2001-05-29¥0.12annually

Hubei Shuanghuan Science and Technology Stock Dividend per year

Hubei Shuanghuan Science and Technology Stock Dividend growth

Hubei Shuanghuan Science and Technology Stock Dividend Yield

Hubei Shuanghuan Science and Technology Stock current trailing twelve-month (TTM) dividend yield is 1.76%. Interested in purchasing Hubei Shuanghuan Science and Technology Stock stock? Use our calculator to estimate your expected dividend yield:

Hubei Shuanghuan Science and Technology Stock Financial Ratios

P/E ratio5.89
PEG ratio0.30
P/B ratio1.57
ROE28.97%
Payout ratio13.17%
Current ratio2.27
Quick ratio2.18
Cash Ratio1.55

Hubei Shuanghuan Science and Technology Stock Dividend FAQ

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