Hunan Corun New Energy Co., Ltd. operates in the energy storage industry in China. The company manufactures battery materials, including continuous band-shaped nickel foam and punched nickel-plated steel band; battery components, such as positive and negative electrode plates of Ni-MH batteries; batteries for civil use; automotive batteries; and hybrid assembly systems. It also engages in the non-ferrous metal trading business. Hunan Corun New Energy Co., Ltd. was founded in 1998 and is headquartered in Changsha, China.
Hunan Corun New Energy Dividend Announcement
• Hunan Corun New Energy announced a annually dividend of ¥0.01 per ordinary share which will be made payable on 2024-08-16. Ex dividend date: 2024-08-16
• Hunan Corun New Energy annual dividend for 2024 was ¥0.01
• Hunan Corun New Energy's trailing twelve-month (TTM) dividend yield is 0.35%
• Hunan Corun New Energy's payout ratio for the trailing twelve months (TTM) is -237.60%
Hunan Corun New Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-16 | ¥0.01 | annually | 2024-08-16 |
2010-08-18 | ¥0.03 | annually | |
2008-08-19 | ¥0.12 | annually | |
2007-08-21 | ¥0.02 | annually | |
2005-06-10 | ¥0.12 | annually | |
2004-06-21 | ¥0.15 | annually |
Hunan Corun New Energy Dividend per year
Hunan Corun New Energy Dividend growth
Hunan Corun New Energy Dividend Yield
Hunan Corun New Energy current trailing twelve-month (TTM) dividend yield is 0.35%. Interested in purchasing Hunan Corun New Energy stock? Use our calculator to estimate your expected dividend yield:
Hunan Corun New Energy Financial Ratios
Hunan Corun New Energy Dividend FAQ
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.
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