Jiangsu Hongde Special Parts Co.,Ltd. develops, produces, and sells cast iron and aluminum products in China. It offers wind power products, such as wheel hubs, planet carriers, bases, and reaction arms; aluminum products, including high voltage power transmission and transformation products, medical instruments, and medical equipment-MRI and CT machine parts; and pump valve products. The company was founded in 2002 and is based in Tongzhou, China.
Jiangsu Hongde Special Parts Dividend Announcement
• Jiangsu Hongde Special Parts announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-06-13. Ex dividend date: 2024-06-13
• Jiangsu Hongde Special Parts annual dividend for 2024 was ¥0.25
• Jiangsu Hongde Special Parts annual dividend for 2023 was ¥0.25
• Jiangsu Hongde Special Parts's trailing twelve-month (TTM) dividend yield is 1.07%
• Jiangsu Hongde Special Parts's payout ratio for the trailing twelve months (TTM) is 137.67%
Jiangsu Hongde Special Parts Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-13 | ¥0.25 | annually | 2024-06-13 |
2023-05-26 | ¥0.25 | annually | 2023-05-26 |
Jiangsu Hongde Special Parts Dividend per year
Jiangsu Hongde Special Parts Dividend Yield
Jiangsu Hongde Special Parts current trailing twelve-month (TTM) dividend yield is 1.07%. Interested in purchasing Jiangsu Hongde Special Parts stock? Use our calculator to estimate your expected dividend yield:
Jiangsu Hongde Special Parts Financial Ratios
Jiangsu Hongde Special Parts Dividend FAQ
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.
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