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Jiangxi Hengda Hi-Tech Co.,Ltd. researches, develops, produces, and sells anti-wear, and anti-corrosion materials for industrial equipment in China. It offers acoustic noise reduction, environmental protection, garbage stove, anti-corrosion equipment, waste heat power generation, internet, and other services. The company is also involved in software, game, PC-side applications, and mobile-side APP distribution business. In addition, it provides technical engineering services to anti-wear, and anti-corrosion materials. The company's products are used in power, steel, cement, petrochemical, subway, airport, stadium, and other industries. Jiangxi Hengda Hi-Tech Co.,Ltd. was founded in 1993 and is headquartered in Nanchang, the People's Republic of China.

Jiangxi Hengda Hi-Tech Dividend Announcement

Jiangxi Hengda Hi-Tech announced a annually dividend of ¥0.30 per ordinary share which will be made payable on 2018-06-21. Ex dividend date: 2018-06-21
Jiangxi Hengda Hi-Tech's trailing twelve-month (TTM) dividend yield is -%
Jiangxi Hengda Hi-Tech's payout ratio for the trailing twelve months (TTM) is -20.54%

Jiangxi Hengda Hi-Tech Dividend History

Ex-Div dateDividend amountDividend typePay date
2018-06-21¥0.30annually2018-06-21
2015-07-07¥0.01annually
2014-07-28¥0.05annually
2013-06-18¥0.02annually
2012-06-18¥0.05annually

Jiangxi Hengda Hi-Tech Dividend per year

Jiangxi Hengda Hi-Tech Dividend growth

Jiangxi Hengda Hi-Tech Dividend Yield

Jiangxi Hengda Hi-Tech current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Jiangxi Hengda Hi-Tech stock? Use our calculator to estimate your expected dividend yield:

Jiangxi Hengda Hi-Tech Financial Ratios

P/E ratio-100.92
PEG ratio-193.55
P/B ratio2.72
ROE-2.73%
Payout ratio-20.54%
Current ratio2.35
Quick ratio1.99
Cash Ratio0.26

Jiangxi Hengda Hi-Tech Dividend FAQ

Does Jiangxi Hengda Hi-Tech stock pay dividends?
Jiangxi Hengda Hi-Tech does not currently pay dividends to its shareholders.
Has Jiangxi Hengda Hi-Tech ever paid a dividend?
No, Jiangxi Hengda Hi-Tech has no a history of paying dividends to its shareholders. Jiangxi Hengda Hi-Tech is not known for its dividend payments.
Why doesn't Jiangxi Hengda Hi-Tech pay dividends?
There are several potential reasons why Jiangxi Hengda Hi-Tech 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 Jiangxi Hengda Hi-Tech 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 Jiangxi Hengda Hi-Tech 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 Jiangxi Hengda Hi-Tech a dividend aristocrat?
Jiangxi Hengda Hi-Tech 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 Jiangxi Hengda Hi-Tech a dividend king?
Jiangxi Hengda Hi-Tech 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 Jiangxi Hengda Hi-Tech a dividend stock?
No, Jiangxi Hengda Hi-Tech 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 Jiangxi Hengda Hi-Tech stocks?
To buy Jiangxi Hengda Hi-Tech 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 Jiangxi Hengda Hi-Tech 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.