Hubei Xiangyuan New Material Technology Inc. engages in the research, development, production, and sale of cross-linked polyolefin and silicone foams in China. It offers irradiation cross-linked polyethylene foam; radiation-cross-linked, semirigid, and closed-cell long sheet foam; chemical crosslinked polyethylene foam; 520 polyolefin foam; polyurethane foam; HFPP foam; silicone foam; and other products. The company's products are used in automotive interior, sports and leisure, packaging and cushioning, medical, air-conditioning, and other fields, as well as in construction materials, electronic materials, toys, pipe insulation and anti-condensation materials, miscellaneous industrial materials, consumer goods, and healthcare products. Hubei Xiangyuan New Material Technology Inc. was founded in 2003 and is headquartered in Hanchuan, China.
Hubei Xiangyuan New Material Technology Dividend Announcement
• Hubei Xiangyuan New Material Technology announced a annually dividend of ¥0.31 per ordinary share which will be made payable on 2024-06-24. Ex dividend date: 2024-06-24 • Hubei Xiangyuan New Material Technology annual dividend for 2024 was ¥0.31 • Hubei Xiangyuan New Material Technology annual dividend for 2023 was ¥0.15 • Hubei Xiangyuan New Material Technology's trailing twelve-month (TTM) dividend yield is 1.19% • Hubei Xiangyuan New Material Technology's payout ratio for the trailing twelve months (TTM) is 173.75%
Hubei Xiangyuan New Material Technology Dividend History
Hubei Xiangyuan New Material Technology Dividend per year
Hubei Xiangyuan New Material Technology Dividend growth
Hubei Xiangyuan New Material Technology Dividend Yield
Hubei Xiangyuan New Material Technology current trailing twelve-month (TTM) dividend yield is 1.19%. Interested in purchasing Hubei Xiangyuan New Material Technology stock? Use our calculator to estimate your expected dividend yield:
Hubei Xiangyuan New Material Technology Financial Ratios
P/E ratio97.67
PEG ratio4.70
P/B ratio2.92
ROE2.95%
Payout ratio173.75%
Current ratio5.05
Quick ratio4.42
Cash Ratio2.13
Hubei Xiangyuan New Material Technology Dividend FAQ
How much is the next Hubei Xiangyuan New Material Technology dividend?
Hubei Xiangyuan New Material Technology's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hubei Xiangyuan New Material Technology dividend. The next Hubei Xiangyuan New Material Technology dividend will be released in September.
When is Hubei Xiangyuan New Material Technology dividend paid?
Hubei Xiangyuan New Material Technology pays dividends on a annually basis. The specific dates may vary each year but are generally around September. 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 Hubei Xiangyuan New Material Technology pay?
The specific amount of Hubei Xiangyuan New Material Technology 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 Hubei Xiangyuan New Material Technology's dividend history.
Does Hubei Xiangyuan New Material Technology stock pay dividends?
Yes, Hubei Xiangyuan New Material Technology 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 Hubei Xiangyuan New Material Technology's dividend history.
How much dividend does Hubei Xiangyuan New Material Technology pay?
Hubei Xiangyuan New Material Technology paid ¥0.31 in 2024, ¥0.15 in 2023, ¥0.45 in 2022, ¥0.0 in 2021, and ¥0.0 in 2020.
How often does Hubei Xiangyuan New Material Technology pay dividends?
Hubei Xiangyuan New Material Technology typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around September.
What is Hubei Xiangyuan New Material Technology's dividend yield?
The current dividend yield for Hubei Xiangyuan New Material Technology is 1.19%. 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 Hubei Xiangyuan New Material Technology's exact dividend yield.
When does Hubei Xiangyuan New Material Technology go ex dividend?
Hubei Xiangyuan New Material Technology's ex-dividend date for the latest dividend was on 2024-06-24. Hubei Xiangyuan New Material Technology 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 Hubei Xiangyuan New Material Technology dividend paid?
Hubei Xiangyuan New Material Technology pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Hubei Xiangyuan New Material Technology 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 Hubei Xiangyuan New Material Technology 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 Hubei Xiangyuan New Material Technology dividend per share?
Hubei Xiangyuan New Material Technology paid ¥0.31 per share in 2024 and ¥0.15 per share in 2023. The amount of dividend per share that Hubei Xiangyuan New Material Technology 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 Hubei Xiangyuan New Material Technology 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 Hubei Xiangyuan New Material Technology 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 Hubei Xiangyuan New Material Technology a dividend stock?
Yes, Hubei Xiangyuan New Material Technology is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hubei Xiangyuan New Material Technology a good dividend stock?
Whether Hubei Xiangyuan New Material Technology is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hubei Xiangyuan New Material Technology has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Hubei Xiangyuan New Material Technology 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 Hubei Xiangyuan New Material Technology pay dividends monthly?
Hubei Xiangyuan New Material Technology typically pays dividends on a annually basis.
Does Hubei Xiangyuan New Material Technology pay dividends quarterly?
Hubei Xiangyuan New Material Technology currently pays dividends on a annually basis.
Has Hubei Xiangyuan New Material Technology ever paid a dividend?
Yes, Hubei Xiangyuan New Material Technology has a history of paying dividends to its shareholders. Hubei Xiangyuan New Material Technology is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hubei Xiangyuan New Material Technology dividend stocks?
To buy Hubei Xiangyuan New Material Technology 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 Hubei Xiangyuan New Material Technology 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 Hubei Xiangyuan New Material Technology pay dividends 2024?
Hubei Xiangyuan New Material Technology pays dividends on a annually basis. 2024 dividend payments are in 2024-06-24. 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 Hubei Xiangyuan New Material Technology increase its dividend in 2024?
Decisions regarding Hubei Xiangyuan New Material Technology 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 Hubei Xiangyuan New Material Technology dividend overview you can look into the above table of dividend history.
How Hubei Xiangyuan New Material Technology dividend works?
The Hubei Xiangyuan New Material Technology 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 Hubei Xiangyuan New Material Technology's dividend process works:
1. Determination of Dividend: Hubei Xiangyuan New Material Technology'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, Hubei Xiangyuan New Material Technology 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, Hubei Xiangyuan New Material Technology 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 Hubei Xiangyuan New Material Technology 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 Hubei Xiangyuan New Material Technology dividends paid?
Hubei Xiangyuan New Material Technology dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Hubei Xiangyuan New Material Technology 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, Hubei Xiangyuan New Material Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hubei Xiangyuan New Material Technology 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 Hubei Xiangyuan New Material Technology pay dividends?
Hubei Xiangyuan New Material Technology typically pays dividends on a 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 Hubei Xiangyuan New Material Technology pay dividends?
The general pattern is that Hubei Xiangyuan New Material Technology pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Hubei Xiangyuan New Material Technology dividend safe?
The safety of Hubei Xiangyuan New Material Technology'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 Hubei Xiangyuan New Material Technology'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 Hubei Xiangyuan New Material Technology'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.