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 0.6%
• Qingdao Huijintong Power Equipment's payout ratio for the trailing twelve months (TTM) is 142.22%
• 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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | ¥0.05 | annually | 2024-09-30 |
2023-06-16 | ¥0.04 | annually | 2023-06-16 |
2022-06-13 | ¥0.06 | annually | 2022-06-13 |
2021-06-25 | ¥0.11 | annually | 2021-06-25 |
2020-04-29 | ¥0.09 | annually | 2020-04-29 |
2019-05-17 | ¥0.06 | annually | 2019-05-17 |
2018-07-06 | ¥0.08 | annually | 2018-07-06 |
2017-07-11 | ¥0.17 | annually | 2017-07-11 |
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 0.6%. Interested in purchasing Qingdao Huijintong Power Equipment stock? Use our calculator to estimate your expected dividend yield:
Qingdao Huijintong Power Equipment Financial Ratios
Qingdao Huijintong Power Equipment Dividend FAQ
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.
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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.
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.
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.