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Jiangsu Haili Wind Power Equipment Technology Co., Ltd. manufactures wind turbine towers and offshore wind turbine jacket platforms. The company was founded in 2009 and is based in Rudong, China.

Jiangsu Haili Wind Power Equipment Technology Dividend Announcement

Jiangsu Haili Wind Power Equipment Technology announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2023-06-06. Ex dividend date: 2023-06-06
Jiangsu Haili Wind Power Equipment Technology annual dividend for 2023 was ¥0.10
Jiangsu Haili Wind Power Equipment Technology's trailing twelve-month (TTM) dividend yield is -%
Jiangsu Haili Wind Power Equipment Technology's payout ratio for the trailing twelve months (TTM) is -57.46%

Jiangsu Haili Wind Power Equipment Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-06-06¥0.10annually2023-06-06
2022-06-06¥0.90annually2022-06-06

Jiangsu Haili Wind Power Equipment Technology Dividend per year

Jiangsu Haili Wind Power Equipment Technology Dividend Yield

Jiangsu Haili Wind Power Equipment Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Jiangsu Haili Wind Power Equipment Technology stock? Use our calculator to estimate your expected dividend yield:

Jiangsu Haili Wind Power Equipment Technology Financial Ratios

P/E ratio-212.74
PEG ratio-36.19
P/B ratio2.58
ROE-1.22%
Payout ratio-57.46%
Current ratio1.48
Quick ratio0.93
Cash Ratio0.31

Jiangsu Haili Wind Power Equipment Technology Dividend FAQ

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