Hubei Zhenhua Chemical Co.,Ltd. engages in the research, development, production, and marketing of chromium salt products in China. The company offers sodium bichromate and dichromate, chromic acid anhydride, crystal chromic acid anhydride, liquid chromic anhydride, chrome oxide green, chromic trioxide, potassium dichromate, basic chrome sulphate, vitamin K3, sodium sulphate anhydrous, aluminium hydroxide, etc. It also exports its products to Europe, the United States, Africa, and Southeast Asia. The company was formerly known as Huanghsi Zhenhua Chemical Industry Co., Ltd. Hubei Zhenhua Chemical Co.,Ltd. was founded in 1967 and is based in Huangshi, China.
Hubei Zhenhua Chemical Dividend Announcement
• Hubei Zhenhua Chemical announced a annually dividend of ¥0.18 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06 • Hubei Zhenhua Chemical annual dividend for 2024 was ¥0.18 • Hubei Zhenhua Chemical annual dividend for 2023 was ¥0.21 • Hubei Zhenhua Chemical's trailing twelve-month (TTM) dividend yield is 1.44% • Hubei Zhenhua Chemical's payout ratio for the trailing twelve months (TTM) is 47.68% • Hubei Zhenhua Chemical's dividend growth over the last five years (2018-2023) was 8.45% year
Hubei Zhenhua Chemical current trailing twelve-month (TTM) dividend yield is 1.44%. Interested in purchasing Hubei Zhenhua Chemical stock? Use our calculator to estimate your expected dividend yield:
Hubei Zhenhua Chemical Financial Ratios
P/E ratio14.32
PEG ratio-0.62
P/B ratio2.10
ROE15.29%
Payout ratio47.68%
Current ratio3.45
Quick ratio2.25
Cash Ratio0.58
Hubei Zhenhua Chemical Dividend FAQ
How much is the next Hubei Zhenhua Chemical dividend?
Hubei Zhenhua Chemical'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 Zhenhua Chemical dividend. The next Hubei Zhenhua Chemical dividend will be released in June.
When is Hubei Zhenhua Chemical dividend paid?
Hubei Zhenhua Chemical pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Zhenhua Chemical pay?
The specific amount of Hubei Zhenhua Chemical 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 Zhenhua Chemical's dividend history.
Does Hubei Zhenhua Chemical stock pay dividends?
Yes, Hubei Zhenhua Chemical 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 Zhenhua Chemical's dividend history.
How much dividend does Hubei Zhenhua Chemical pay?
Hubei Zhenhua Chemical paid ¥0.183 in 2024, ¥0.207 in 2023, ¥0.184 in 2022, ¥0.092 in 2021, and ¥0.1 in 2020.
How often does Hubei Zhenhua Chemical pay dividends?
Hubei Zhenhua Chemical 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 June.
What is Hubei Zhenhua Chemical's dividend yield?
The current dividend yield for Hubei Zhenhua Chemical is 1.44%. 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 Zhenhua Chemical's exact dividend yield.
When does Hubei Zhenhua Chemical go ex dividend?
Hubei Zhenhua Chemical's ex-dividend date for the latest dividend was on 2024-06-06. Hubei Zhenhua Chemical 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 Zhenhua Chemical dividend paid?
Hubei Zhenhua Chemical pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Hubei Zhenhua Chemical 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 Zhenhua Chemical 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 Zhenhua Chemical dividend per share?
Hubei Zhenhua Chemical paid ¥0.183 per share in 2024 and ¥0.207 per share in 2023. The amount of dividend per share that Hubei Zhenhua Chemical 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 Zhenhua Chemical 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 Zhenhua Chemical 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 Zhenhua Chemical a dividend stock?
Yes, Hubei Zhenhua Chemical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hubei Zhenhua Chemical a good dividend stock?
Whether Hubei Zhenhua Chemical 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 Zhenhua Chemical has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Hubei Zhenhua 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.
Does Hubei Zhenhua Chemical pay dividends monthly?
Hubei Zhenhua Chemical typically pays dividends on a annually basis.
Does Hubei Zhenhua Chemical pay dividends quarterly?
Hubei Zhenhua Chemical currently pays dividends on a annually basis.
Has Hubei Zhenhua Chemical ever paid a dividend?
Yes, Hubei Zhenhua Chemical has a history of paying dividends to its shareholders. Hubei Zhenhua Chemical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hubei Zhenhua Chemical dividend stocks?
To buy Hubei Zhenhua Chemical 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 Zhenhua 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.
When does Hubei Zhenhua Chemical pay dividends 2024?
Hubei Zhenhua Chemical pays dividends on a annually basis. 2024 dividend payments are in 2024-06-06. 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 Zhenhua Chemical increase its dividend in 2024?
Decisions regarding Hubei Zhenhua Chemical 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 Zhenhua Chemical dividend overview you can look into the above table of dividend history.
How Hubei Zhenhua Chemical dividend works?
The Hubei Zhenhua Chemical 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 Zhenhua Chemical's dividend process works:
1. Determination of Dividend: Hubei Zhenhua 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, Hubei Zhenhua 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, Hubei Zhenhua 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 Hubei Zhenhua 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.
How are Hubei Zhenhua Chemical dividends paid?
Hubei Zhenhua Chemical dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Hubei Zhenhua 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, Hubei Zhenhua 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: Hubei Zhenhua 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.
How many times does Hubei Zhenhua Chemical pay dividends?
Hubei Zhenhua Chemical 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 Zhenhua Chemical pay dividends?
The general pattern is that Hubei Zhenhua Chemical pays dividends around June. 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 Zhenhua Chemical dividend safe?
The safety of Hubei Zhenhua Chemical'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 Zhenhua 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 Hubei Zhenhua 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.