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Hunan Boyun New Materials Co.,Ltd researches, develops, produces, and sells powder metallurgy composite materials in China. The company offers carbon/carbon composite and powder metallurgy products for use in aviation, aerospace, railway, automotive, metallurgy, chemical, and other fields. It also provides powder metallurgy equipment. The company also exports its products to Southeast Asia, Russia, and other CIS countries. Hunan Boyun New Materials Co.,Ltd was founded in 2001 and is based in Changsha, China.

Hunan Boyun New Materials Dividend Announcement

Hunan Boyun New Materials announced a annually dividend of ¥0.03 per ordinary share which will be made payable on . Ex dividend date: 2013-07-11
Hunan Boyun New Materials's trailing twelve-month (TTM) dividend yield is -%
Hunan Boyun New Materials's payout ratio for the trailing twelve months (TTM) is 32.58%

Hunan Boyun New Materials Dividend History

Ex-Div dateDividend amountDividend typePay date
2013-07-11¥0.03annually
2010-05-17¥0.03annually

Hunan Boyun New Materials Dividend per year

Hunan Boyun New Materials Dividend Yield

Hunan Boyun New Materials current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Hunan Boyun New Materials stock? Use our calculator to estimate your expected dividend yield:

Hunan Boyun New Materials Financial Ratios

P/E ratio181.62
PEG ratio12.44
P/B ratio1.83
ROE1.01%
Payout ratio32.58%
Current ratio2.62
Quick ratio1.55
Cash Ratio0.85

Hunan Boyun New Materials Dividend FAQ

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