Table of Contents

company-logo

Hunan Hengguang Technology Co., Ltd. engages in the research, development, manufacture, sale, and service of new chemical materials. The company provides chlorinated products, such as sodium chlorate, alkali, liquid chlorine, and hydrochloric acid; and vulcanizing products, including fuming and reagent sulphuric acid, sulfamic acid, sodium pyrosulfite, sodium sulfite, and magnesium sulphate heptahydrate. It also offers chemicals and materials comprising calcium aluminum hydrotalcite, cysteamine hydrochloride, amino sulfonic acid, germanium oxide, and zone melting germanium ingot, as well as refined acid and magnesium sulfate fertilizer. In addition, the company provides sulfur solid waste treatment services, as well as engages in development of environmental protection technology. It offers its products to various parts of Jiangxi Province, Inner Mongolia, Sichuan, Guizhou, etc., as well as exports to the European Union, Southeast Asia, Japan, South Korea, Russia, and other countries. The company was formerly known as Hunan New Hengguang Technology Co., Ltd. Hunan Hengguang Technology Co., Ltd. was founded in 2008 and is based in Huaihua, China. Hunan Hengguang Technology Co., Ltd. operates as a subsidiary of Hunan Hongjiang Hengguang Investment Management Co., Ltd.

Hunan Hengguang Technology Dividend Announcement

• Hunan Hengguang Technology announced a annually dividend of ¥0.50 per ordinary share which will be made payable on 2023-05-24. Ex dividend date: 2023-05-24
• Hunan Hengguang Technology annual dividend for 2023 was ¥0.50
• Hunan Hengguang Technology's trailing twelve-month (TTM) dividend yield is -%
• Hunan Hengguang Technology's payout ratio for the trailing twelve months (TTM) is -18.70%

Hunan Hengguang Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-05-24¥0.50annually2023-05-24
2022-05-27¥0.75annually2022-05-27

Hunan Hengguang Technology Dividend per year

Hunan Hengguang Technology Dividend Yield

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

Hunan Hengguang Technology Financial Ratios

P/E ratio-27.11
PEG ratio-2.03
P/B ratio1.44
ROE-5.21%
Payout ratio-18.70%
Current ratio1.61
Quick ratio1.49
Cash Ratio0.31

Hunan Hengguang Technology Dividend FAQ

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

Place an order: Use the brokerage's trading platform to place an order to buy Hunan Hengguang 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.