Hunan Heshun Petroleum Co., Ltd. engages in the wholesale and retail of gasoline and diesel in China. It is also involved in the gas station and convenience store operation, refined oil storage, and refined oil logistics and distribution activities, as well as investment and construction of gas stations and oil depots. The company was founded in 2005 and is headquartered in Changsha, China.
Hunan Heshun Petroleum Dividend Announcement
• Hunan Heshun Petroleum announced a semi annually dividend of ¥0.10 per ordinary share which will be made payable on 2024-07-01. Ex dividend date: 2024-07-01 • Hunan Heshun Petroleum annual dividend for 2024 was ¥0.10 • Hunan Heshun Petroleum annual dividend for 2023 was ¥0.50 • Hunan Heshun Petroleum's trailing twelve-month (TTM) dividend yield is 0.76% • Hunan Heshun Petroleum's payout ratio for the trailing twelve months (TTM) is 149.92%
Hunan Heshun Petroleum current trailing twelve-month (TTM) dividend yield is 0.76%. Interested in purchasing Hunan Heshun Petroleum stock? Use our calculator to estimate your expected dividend yield:
Hunan Heshun Petroleum Financial Ratios
P/E ratio55.03
PEG ratio0.55
P/B ratio1.34
ROE2.44%
Payout ratio149.92%
Current ratio2.75
Quick ratio1.74
Cash Ratio0.36
Hunan Heshun Petroleum Dividend FAQ
How much is the next Hunan Heshun Petroleum dividend?
Hunan Heshun Petroleum's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hunan Heshun Petroleum dividend. The next Hunan Heshun Petroleum dividend will be released in June, or October.
When is Hunan Heshun Petroleum dividend paid?
Hunan Heshun Petroleum pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and October. 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 Hunan Heshun Petroleum pay?
The specific amount of Hunan Heshun Petroleum 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 Hunan Heshun Petroleum's dividend history.
Does Hunan Heshun Petroleum stock pay dividends?
Yes, Hunan Heshun Petroleum 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 Hunan Heshun Petroleum's dividend history.
How much dividend does Hunan Heshun Petroleum pay?
Hunan Heshun Petroleum paid ¥0.1 in 2024, ¥0.5 in 2023, ¥0.2 in 2022, ¥0.385 in 2021, and ¥0.308 in 2020.
How often does Hunan Heshun Petroleum pay dividends?
Hunan Heshun Petroleum typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and October.
What is Hunan Heshun Petroleum's dividend yield?
The current dividend yield for Hunan Heshun Petroleum is 0.76%. 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 Hunan Heshun Petroleum's exact dividend yield.
When does Hunan Heshun Petroleum go ex dividend?
Hunan Heshun Petroleum's ex-dividend date for the latest dividend was on 2024-07-01. Hunan Heshun Petroleum 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 Hunan Heshun Petroleum dividend paid?
Hunan Heshun Petroleum pays dividends on a semi annually basis, typically around June, or October, but the exact dates can vary each year.
Will Hunan Heshun Petroleum 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 Hunan Heshun Petroleum 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 Hunan Heshun Petroleum dividend per share?
Hunan Heshun Petroleum paid ¥0.1 per share in 2024 and ¥0.5 per share in 2023. The amount of dividend per share that Hunan Heshun Petroleum 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 Hunan Heshun Petroleum 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 Hunan Heshun Petroleum 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 Hunan Heshun Petroleum a dividend stock?
Yes, Hunan Heshun Petroleum is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hunan Heshun Petroleum a good dividend stock?
Whether Hunan Heshun Petroleum is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hunan Heshun Petroleum has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Hunan Heshun Petroleum 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 Hunan Heshun Petroleum pay dividends monthly?
Hunan Heshun Petroleum typically pays dividends on a semi annually basis.
Does Hunan Heshun Petroleum pay dividends quarterly?
Hunan Heshun Petroleum currently pays dividends on a semi annually basis.
Has Hunan Heshun Petroleum ever paid a dividend?
Yes, Hunan Heshun Petroleum has a history of paying dividends to its shareholders. Hunan Heshun Petroleum is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hunan Heshun Petroleum dividend stocks?
To buy Hunan Heshun Petroleum 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 Hunan Heshun Petroleum 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 Hunan Heshun Petroleum pay dividends 2024?
Hunan Heshun Petroleum pays dividends on a semi annually basis. 2024 dividend payments are in 2024-07-01. 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 Hunan Heshun Petroleum increase its dividend in 2024?
Decisions regarding Hunan Heshun Petroleum 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 Hunan Heshun Petroleum dividend overview you can look into the above table of dividend history.
How Hunan Heshun Petroleum dividend works?
The Hunan Heshun Petroleum 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 Hunan Heshun Petroleum's dividend process works:
1. Determination of Dividend: Hunan Heshun Petroleum'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, Hunan Heshun Petroleum 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, Hunan Heshun Petroleum 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 Hunan Heshun Petroleum 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 Hunan Heshun Petroleum dividends paid?
Hunan Heshun Petroleum dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Hunan Heshun Petroleum 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, Hunan Heshun Petroleum distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hunan Heshun Petroleum 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 Hunan Heshun Petroleum pay dividends?
Hunan Heshun Petroleum typically pays dividends on a semi 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 Hunan Heshun Petroleum pay dividends?
The general pattern is that Hunan Heshun Petroleum pays dividends around June, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Hunan Heshun Petroleum dividend safe?
The safety of Hunan Heshun Petroleum'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 Hunan Heshun Petroleum'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 Hunan Heshun Petroleum'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.