Kunshan Huguang Auto Harness Co.,Ltd. engages in the research and development, and production of automotive high and low voltage wiring harness assembly products in China. It offers engine, KSK, door, HV, front cabin, instrument, cable, and ABS wire harness products. The company is based in Kunshan, China.
Kunshan Huguang Auto Harness Dividend Announcement
• Kunshan Huguang Auto Harness announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-06-26. Ex dividend date: 2024-06-26
• Kunshan Huguang Auto Harness annual dividend for 2024 was ¥0.05
• Kunshan Huguang Auto Harness's trailing twelve-month (TTM) dividend yield is 0.16%
• Kunshan Huguang Auto Harness's payout ratio for the trailing twelve months (TTM) is 14.25%
Kunshan Huguang Auto Harness Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-26 | ¥0.05 | annually | 2024-06-26 |
| 2021-06-25 | ¥0.07 | annually | 2021-06-25 |
Kunshan Huguang Auto Harness Dividend per year
Kunshan Huguang Auto Harness Dividend Yield
Kunshan Huguang Auto Harness current trailing twelve-month (TTM) dividend yield is 0.16%. Interested in purchasing Kunshan Huguang Auto Harness stock? Use our calculator to estimate your expected dividend yield:
Kunshan Huguang Auto Harness Financial Ratios
P/E ratio26.93
PEG ratio0.40
P/B ratio7.08
ROE29.77%
Payout ratio14.25%
Current ratio1.08
Quick ratio0.89
Cash Ratio0.15
Kunshan Huguang Auto Harness Dividend FAQ
Does Kunshan Huguang Auto Harness stock pay dividends?
Kunshan Huguang Auto Harness does not currently pay dividends to its shareholders.
Has Kunshan Huguang Auto Harness ever paid a dividend?
No, Kunshan Huguang Auto Harness has no a history of paying dividends to its shareholders. Kunshan Huguang Auto Harness is not known for its dividend payments.
Why doesn't Kunshan Huguang Auto Harness pay dividends?
There are several potential reasons why Kunshan Huguang Auto Harness 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 Kunshan Huguang Auto Harness 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 Kunshan Huguang Auto Harness 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 Kunshan Huguang Auto Harness a dividend aristocrat?
Kunshan Huguang Auto Harness 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 Kunshan Huguang Auto Harness a dividend king?
Kunshan Huguang Auto Harness 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 Kunshan Huguang Auto Harness a dividend stock?
No, Kunshan Huguang Auto Harness 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 Kunshan Huguang Auto Harness stocks?
To buy Kunshan Huguang Auto Harness 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 Kunshan Huguang Auto Harness 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 Kunshan Huguang Auto Harness 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.