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Huludao Zinc Industry Co.,Ltd. engages in the non-ferrous metal zinc and lead smelting products primarily in China. The company is involved in the zinc, copper, and lead smelting and deep processing; and cadmium, indium, sulfuric acid, and copper sulfate utilization processing activities. It also provides zinc ingot, electrolead, high purity, silver bullion, hot galvanized, zinc sulfate, and gold products. The company's products are used in the metallurgy, machinery, electronics, medicine, chemical, military, and other industries. It also exports its products to approximately 20 countries and regions. The company is based in Huludao, China.

Huludao Zinc Industry Dividend Announcement

Huludao Zinc Industry announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2024-10-14. Ex dividend date: 2024-10-14
Huludao Zinc Industry annual dividend for 2024 was ¥0.03
Huludao Zinc Industry's trailing twelve-month (TTM) dividend yield is 0.96%
Huludao Zinc Industry's payout ratio for the trailing twelve months (TTM) is 478.77%

Huludao Zinc Industry Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-14¥0.03annually2024-10-14
2002-07-12¥0.05annually
2000-09-27¥0.09annually

Huludao Zinc Industry Dividend per year

Huludao Zinc Industry Dividend Yield

Huludao Zinc Industry current trailing twelve-month (TTM) dividend yield is 0.96%. Interested in purchasing Huludao Zinc Industry stock? Use our calculator to estimate your expected dividend yield:

Huludao Zinc Industry Financial Ratios

P/E ratio111.12
PEG ratio-37.03
P/B ratio1.39
ROE1.25%
Payout ratio478.77%
Current ratio1.18
Quick ratio0.58
Cash Ratio0.30

Huludao Zinc Industry Dividend FAQ

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