Jiangsu Hengxing New Material Technology Co., Ltd engages in the research, development, and production of chemicals worldwide. It offers organic ketones, acids, esters, alcohols, aldehydes, ethers and acid anhydrides, etc. The company is based in Jiangsu, China.
Jiangsu Hengxing New Material Dividend Announcement
• Jiangsu Hengxing New Material announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2024-06-25. Ex dividend date: 2024-06-25
• Jiangsu Hengxing New Material annual dividend for 2024 was ¥0.15
• Jiangsu Hengxing New Material's trailing twelve-month (TTM) dividend yield is 1.13%
• Jiangsu Hengxing New Material's payout ratio for the trailing twelve months (TTM) is 125.98%
Jiangsu Hengxing New Material Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-25 | ¥0.15 | annually | 2024-06-25 |
Jiangsu Hengxing New Material Dividend per year
Jiangsu Hengxing New Material Dividend Yield
Jiangsu Hengxing New Material current trailing twelve-month (TTM) dividend yield is 1.13%. Interested in purchasing Jiangsu Hengxing New Material stock? Use our calculator to estimate your expected dividend yield:
Jiangsu Hengxing New Material Financial Ratios
P/E ratio56.23
PEG ratio2.55
P/B ratio1.60
ROE2.83%
Payout ratio125.98%
Current ratio25.36
Quick ratio21.62
Cash Ratio4.18
Jiangsu Hengxing New Material Dividend FAQ
Does Jiangsu Hengxing New Material stock pay dividends?
Jiangsu Hengxing New Material does not currently pay dividends to its shareholders.
Has Jiangsu Hengxing New Material ever paid a dividend?
No, Jiangsu Hengxing New Material has no a history of paying dividends to its shareholders. Jiangsu Hengxing New Material is not known for its dividend payments.
Why doesn't Jiangsu Hengxing New Material pay dividends?
There are several potential reasons why Jiangsu Hengxing New Material 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 Jiangsu Hengxing New Material 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 Hengxing New Material 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 Hengxing New Material a dividend aristocrat?
Jiangsu Hengxing New Material 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 Hengxing New Material a dividend king?
Jiangsu Hengxing New Material 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 Hengxing New Material a dividend stock?
No, Jiangsu Hengxing New Material 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 Hengxing New Material stocks?
To buy Jiangsu Hengxing New Material 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 Hengxing New Material 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 Jiangsu Hengxing New Material 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.