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Qingdao Huijintong Power Equipment Co.,Ltd. manufactures and sells various galvanized and painted steel structures primarily in China. The company offers lattice steel towers, UHV towers, steel tubular towers, microwave communication towers, steel poles, substation structures, electrified railway structures, wind power generation equipment, photovoltaic power generation equipment, etc. It also provides electric power tower parts, fasteners, and electric power line accessories; offshore drilling platform, production platform, marine floating structure, equipment and fittings of marine engineering, tower, metal structure R & D, ocean engineering technology R & D, technology services; and inspection and testing services for steel structures and metal materials. In addition, the company offers ocean engineering and new material technology R&D, technology promotion and transfer, and technical consultation services; professional contracting, labor subcontracting, project management, technology development, consultation, service, promotion, and import and export of goods; international trade; and sale of transmission line steel towers. It serves State Grid, China Southern Grid, and power generation companies. The company also exports its products to Canada, Myanmar, Pakistan, Kyrgyzstan, Australia, Italy, Nigeria, Sri Lanka, Laos, France, Israel, Mongolia, and internationally. Qingdao Huijintong Power Equipment Co.,Ltd. was founded in 2004 is based in Qingdao, China.

Qingdao Huijintong Power Equipment Dividend Announcement

Qingdao Huijintong Power Equipment announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-30
Qingdao Huijintong Power Equipment annual dividend for 2024 was ¥0.05
Qingdao Huijintong Power Equipment annual dividend for 2023 was ¥0.04
Qingdao Huijintong Power Equipment's trailing twelve-month (TTM) dividend yield is 0.61%
Qingdao Huijintong Power Equipment's payout ratio for the trailing twelve months (TTM) is 100.14%
Qingdao Huijintong Power Equipment's dividend growth over the last five years (2018-2023) was -15.18% year

Qingdao Huijintong Power Equipment Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-30¥0.05annually2024-09-30
2023-06-16¥0.04annually2023-06-16
2022-06-13¥0.06annually2022-06-13
2021-06-25¥0.11annually2021-06-25
2020-04-29¥0.09annually2020-04-29
2019-05-17¥0.06annually2019-05-17
2018-07-06¥0.08annually2018-07-06
2017-07-11¥0.17annually2017-07-11

Qingdao Huijintong Power Equipment Dividend per year

Qingdao Huijintong Power Equipment Dividend growth

Qingdao Huijintong Power Equipment Dividend Yield

Qingdao Huijintong Power Equipment current trailing twelve-month (TTM) dividend yield is 0.61%. Interested in purchasing Qingdao Huijintong Power Equipment stock? Use our calculator to estimate your expected dividend yield:

Qingdao Huijintong Power Equipment Financial Ratios

P/E ratio28.34
PEG ratio-4.97
P/B ratio1.48
ROE5.35%
Payout ratio100.14%
Current ratio1.34
Quick ratio0.96
Cash Ratio0.05

Qingdao Huijintong Power Equipment Dividend FAQ

How much is the next Qingdao Huijintong Power Equipment dividend?
Qingdao Huijintong Power Equipment'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 Huijintong Power Equipment dividend. The next Qingdao Huijintong Power Equipment dividend will be released in June.
When is Qingdao Huijintong Power Equipment dividend paid?
Qingdao Huijintong Power Equipment 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 Huijintong Power Equipment pay?
The specific amount of Qingdao Huijintong Power Equipment 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 Huijintong Power Equipment's dividend history.
Does Qingdao Huijintong Power Equipment stock pay dividends?
Yes, Qingdao Huijintong Power Equipment 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 Huijintong Power Equipment's dividend history.
How much dividend does Qingdao Huijintong Power Equipment pay?
Qingdao Huijintong Power Equipment paid ¥0.05 in 2024, ¥0.036 in 2023, ¥0.06 in 2022, ¥0.111 in 2021, and ¥0.088 in 2020.
How often does Qingdao Huijintong Power Equipment pay dividends?
Qingdao Huijintong Power Equipment 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 Huijintong Power Equipment's dividend yield?
The current dividend yield for Qingdao Huijintong Power Equipment is 0.61%. 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 Huijintong Power Equipment's exact dividend yield.
When does Qingdao Huijintong Power Equipment go ex dividend?
Qingdao Huijintong Power Equipment's ex-dividend date for the latest dividend was on 2024-09-30. Qingdao Huijintong Power Equipment 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 Huijintong Power Equipment dividend paid?
Qingdao Huijintong Power Equipment pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Qingdao Huijintong Power Equipment 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 Huijintong Power Equipment 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 Huijintong Power Equipment dividend per share?
Qingdao Huijintong Power Equipment paid ¥0.05 per share in 2024 and ¥0.036 per share in 2023. The amount of dividend per share that Qingdao Huijintong Power Equipment 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 Huijintong Power Equipment 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 Huijintong Power Equipment 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 Huijintong Power Equipment a dividend stock?
Yes, Qingdao Huijintong Power Equipment is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Qingdao Huijintong Power Equipment a good dividend stock?
Whether Qingdao Huijintong Power Equipment 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 Huijintong Power Equipment has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Qingdao Huijintong Power Equipment 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 Huijintong Power Equipment pay dividends monthly?
Qingdao Huijintong Power Equipment typically pays dividends on a annually basis.
Does Qingdao Huijintong Power Equipment pay dividends quarterly?
Qingdao Huijintong Power Equipment currently pays dividends on a annually basis.
Has Qingdao Huijintong Power Equipment ever paid a dividend?
Yes, Qingdao Huijintong Power Equipment has a history of paying dividends to its shareholders. Qingdao Huijintong Power Equipment is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Qingdao Huijintong Power Equipment dividend stocks?
To buy Qingdao Huijintong Power Equipment 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 Huijintong Power Equipment 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 Huijintong Power Equipment pay dividends 2024?
Qingdao Huijintong Power Equipment pays dividends on a annually basis. 2024 dividend payments are in 2024-09-30. 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 Huijintong Power Equipment increase its dividend in 2024?
Decisions regarding Qingdao Huijintong Power Equipment 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 Huijintong Power Equipment dividend overview you can look into the above table of dividend history.
How Qingdao Huijintong Power Equipment dividend works?
The Qingdao Huijintong Power Equipment 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 Huijintong Power Equipment's dividend process works:

1. Determination of Dividend: Qingdao Huijintong Power Equipment'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 Huijintong Power Equipment 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 Huijintong Power Equipment 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 Huijintong Power Equipment 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 Huijintong Power Equipment dividends paid?
Qingdao Huijintong Power Equipment dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Qingdao Huijintong Power Equipment 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 Huijintong Power Equipment 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 Huijintong Power Equipment 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 Huijintong Power Equipment pay dividends?
Qingdao Huijintong Power Equipment 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 Huijintong Power Equipment pay dividends?
The general pattern is that Qingdao Huijintong Power Equipment 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 Huijintong Power Equipment dividend safe?
The safety of Qingdao Huijintong Power Equipment'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 Huijintong Power Equipment'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 Huijintong Power Equipment'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.