Qingdao Hanhe Cable Co.,Ltd researches and develops, manufactures, and supplies cables and wires primarily in the People's Republic of China. The company offers power cables, cable accessories, submarine cables, optical power composite cables, electrical equipment wires and cables, overhead conductors, communication cables, radio-frequency cables, bus bar and prefabricated branch cables, nuclear plant cables, fire-resistant cables, and DC series cables. It also provides shipboard and mining cables, heat-resistant and high-strength aluminum alloy wires, carbon fiber wires, optical fiber composite submarine cables, data cables, nuclear power station cables, oil platform cables, wind farm cables, and fire resistant cables, as well as services of laying, installation, and completion test for cables and cable accessories. In addition, the company offers high-voltage electrical equipment status monitoring products for smart transformer substations and cable fault testing systems; electrical equipment testing services for customers in power, metallurgy, chemical and petroleum industries; electric power design, engineering, and installation services; and operation maintenance services for transformer substations. Its products are used in the fields of power, metallurgy, telecommunication, railway, petroleum and chemical, coal mining, construction, etc. The company also exports its products to approximately 30 countries and regions. The company was founded in 2007 and is headquartered in Qingdao, the People's Republic of China.
Qingdao Hanhe Cable Dividend Announcement
• Qingdao Hanhe Cable announced a annually dividend of ¥0.04 per ordinary share which will be made payable on 2024-06-12. Ex dividend date: 2024-06-12
• Qingdao Hanhe Cable annual dividend for 2024 was ¥0.04
• Qingdao Hanhe Cable annual dividend for 2023 was ¥0.04
• Qingdao Hanhe Cable's trailing twelve-month (TTM) dividend yield is 1.06%
• Qingdao Hanhe Cable's payout ratio for the trailing twelve months (TTM) is 23.19%
• Qingdao Hanhe Cable's dividend growth over the last ten years (2013-2023) was -13.30% year
Qingdao Hanhe Cable Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-12 | ¥0.04 | annually | 2024-06-12 |
| 2023-06-16 | ¥0.04 | annually | 2023-06-16 |
| 2022-06-15 | ¥0.04 | annually | 2022-06-15 |
| 2021-06-22 | ¥0.04 | annually | 2021-06-22 |
| 2020-06-18 | ¥0.04 | annually | 2020-06-18 |
| 2019-06-18 | ¥0.04 | annually | 2019-06-18 |
| 2018-06-07 | ¥0.04 | annually | 2018-06-07 |
| 2017-06-28 | ¥0.04 | annually | 2017-06-28 |
| 2016-06-28 | ¥0.04 | annually | |
| 2015-10-16 | ¥0.30 | annually | |
| 2015-06-16 | ¥0.10 | annually | |
| 2014-06-12 | ¥0.13 | annually | |
| 2013-06-18 | ¥0.15 | annually |
Qingdao Hanhe Cable Dividend per year
Qingdao Hanhe Cable Dividend growth
Qingdao Hanhe Cable Dividend Yield
Qingdao Hanhe Cable current trailing twelve-month (TTM) dividend yield is 1.06%. Interested in purchasing Qingdao Hanhe Cable stock? Use our calculator to estimate your expected dividend yield:
Qingdao Hanhe Cable Financial Ratios
P/E ratio17.69
PEG ratio1.51
P/B ratio1.38
ROE8.03%
Payout ratio23.19%
Current ratio2.26
Quick ratio1.82
Cash Ratio0.39
Qingdao Hanhe Cable Dividend FAQ
How much is the next Qingdao Hanhe Cable dividend?
Qingdao Hanhe Cable's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Qingdao Hanhe Cable dividend. The next Qingdao Hanhe Cable dividend will be released in June.
When is Qingdao Hanhe Cable dividend paid?
Qingdao Hanhe Cable pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Qingdao Hanhe Cable pay?
The specific amount of Qingdao Hanhe Cable dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Qingdao Hanhe Cable's dividend history.
Does Qingdao Hanhe Cable stock pay dividends?
Yes, Qingdao Hanhe Cable does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Qingdao Hanhe Cable's dividend history.
How much dividend does Qingdao Hanhe Cable pay?
Qingdao Hanhe Cable paid ¥0.036 in 2024, ¥0.036 in 2023, ¥0.036 in 2022, ¥0.036 in 2021, and ¥0.036 in 2020.
How often does Qingdao Hanhe Cable pay dividends?
Qingdao Hanhe Cable typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Qingdao Hanhe Cable's dividend yield?
The current dividend yield for Qingdao Hanhe Cable is 1.06%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Qingdao Hanhe Cable's exact dividend yield.
When does Qingdao Hanhe Cable go ex dividend?
Qingdao Hanhe Cable's ex-dividend date for the latest dividend was on 2024-06-12. Qingdao Hanhe Cable typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Qingdao Hanhe Cable dividend paid?
Qingdao Hanhe Cable pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Qingdao Hanhe Cable increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Qingdao Hanhe Cable will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Qingdao Hanhe Cable dividend per share?
Qingdao Hanhe Cable paid ¥0.036 per share in 2024 and ¥0.036 per share in 2023. The amount of dividend per share that Qingdao Hanhe Cable pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Qingdao Hanhe Cable a dividend aristocrat?
No, 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 Qingdao Hanhe Cable a dividend king?
No, 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 Qingdao Hanhe Cable a dividend stock?
Yes, Qingdao Hanhe Cable is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Qingdao Hanhe Cable a good dividend stock?
Whether Qingdao Hanhe Cable is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Qingdao Hanhe Cable has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Qingdao Hanhe Cable as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Qingdao Hanhe Cable as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Qingdao Hanhe Cable pay dividends monthly?
Qingdao Hanhe Cable typically pays dividends on a annually basis.
Does Qingdao Hanhe Cable pay dividends quarterly?
Qingdao Hanhe Cable currently pays dividends on a annually basis.
Has Qingdao Hanhe Cable ever paid a dividend?
Yes, Qingdao Hanhe Cable has a history of paying dividends to its shareholders. Qingdao Hanhe Cable is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Qingdao Hanhe Cable dividend stocks?
To buy Qingdao Hanhe Cable 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Qingdao Hanhe Cable 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 Qingdao Hanhe Cable 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.
When does Qingdao Hanhe Cable pay dividends 2024?
Qingdao Hanhe Cable pays dividends on a annually basis. 2024 dividend payments are in 2024-06-12. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Qingdao Hanhe Cable increase its dividend in 2024?
Decisions regarding Qingdao Hanhe Cable dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Qingdao Hanhe Cable dividend overview you can look into the above table of dividend history.
How Qingdao Hanhe Cable dividend works?
The Qingdao Hanhe Cable dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Qingdao Hanhe Cable's dividend process works:
1. Determination of Dividend: Qingdao Hanhe Cable's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Qingdao Hanhe Cable publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Qingdao Hanhe Cable distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Qingdao Hanhe Cable are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Qingdao Hanhe Cable's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Qingdao Hanhe Cable publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Qingdao Hanhe Cable distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Qingdao Hanhe Cable are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Qingdao Hanhe Cable dividends paid?
Qingdao Hanhe Cable dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Qingdao Hanhe Cable sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Qingdao Hanhe Cable distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Qingdao Hanhe Cable declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Qingdao Hanhe Cable sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Qingdao Hanhe Cable distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Qingdao Hanhe Cable declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Qingdao Hanhe Cable pay dividends?
Qingdao Hanhe Cable typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Qingdao Hanhe Cable pay dividends?
The general pattern is that Qingdao Hanhe Cable pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Qingdao Hanhe Cable dividend safe?
The safety of Qingdao Hanhe Cable's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Qingdao Hanhe Cable's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Qingdao Hanhe Cable's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Qingdao Hanhe Cable's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Qingdao Hanhe Cable's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.