Hunan Zhenghong Science and Technology Develop Co.,Ltd. researches, develops, produces, and sells feed products under the Zhenghong brand in China. The company offers a series of feed products primarily for pigs, chickens, ducks, fishes, cattle, and sheep. It is also involved in pig breeding, meat processing, biological veterinary drugs manufacturing, and import and export trade businesses. The company is based in Yueyang, China.
Hunan Zhenghong Science and Technology Develop Dividend Announcement
• Hunan Zhenghong Science and Technology Develop announced a annually dividend of ¥0.07 per ordinary share which will be made payable on . Ex dividend date: 2004-06-18
• Hunan Zhenghong Science and Technology Develop's trailing twelve-month (TTM) dividend yield is -%
• Hunan Zhenghong Science and Technology Develop's payout ratio for the trailing twelve months (TTM) is -11.67%
Hunan Zhenghong Science and Technology Develop Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2004-06-18 | ¥0.07 | annually | |
| 2003-06-23 | ¥0.12 | annually | |
| 2002-06-24 | ¥0.15 | annually | |
| 2000-09-19 | ¥0.10 | annually | |
| 1999-06-23 | ¥0.40 | annually |
Hunan Zhenghong Science and Technology Develop Dividend per year
Hunan Zhenghong Science and Technology Develop Dividend growth
Hunan Zhenghong Science and Technology Develop Dividend Yield
Hunan Zhenghong Science and Technology Develop current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Hunan Zhenghong Science and Technology Develop stock? Use our calculator to estimate your expected dividend yield:
Hunan Zhenghong Science and Technology Develop Financial Ratios
P/E ratio-25.60
PEG ratio5.15
P/B ratio6.83
ROE-26.12%
Payout ratio-11.67%
Current ratio0.97
Quick ratio0.64
Cash Ratio0.46
Hunan Zhenghong Science and Technology Develop Dividend FAQ
Does Hunan Zhenghong Science and Technology Develop stock pay dividends?
Hunan Zhenghong Science and Technology Develop does not currently pay dividends to its shareholders.
Has Hunan Zhenghong Science and Technology Develop ever paid a dividend?
No, Hunan Zhenghong Science and Technology Develop has no a history of paying dividends to its shareholders. Hunan Zhenghong Science and Technology Develop is not known for its dividend payments.
Why doesn't Hunan Zhenghong Science and Technology Develop pay dividends?
There are several potential reasons why Hunan Zhenghong Science and Technology Develop 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.
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 Zhenghong Science and Technology Develop 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 Zhenghong Science and Technology Develop 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 Zhenghong Science and Technology Develop a dividend aristocrat?
Hunan Zhenghong Science and Technology Develop 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 Zhenghong Science and Technology Develop a dividend king?
Hunan Zhenghong Science and Technology Develop 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 Zhenghong Science and Technology Develop a dividend stock?
No, Hunan Zhenghong Science and Technology Develop 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 Zhenghong Science and Technology Develop stocks?
To buy Hunan Zhenghong Science and Technology Develop 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 Zhenghong Science and Technology Develop 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.
Place an order: Use the brokerage's trading platform to place an order to buy Hunan Zhenghong Science and Technology Develop 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.