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Shandong Hongchuang Aluminum Industry Holding Company Limited develops, manufactures, and sells aluminum finishing products in China. The company offers aluminum plates, strips, and foils. It provides casting coil for producing aluminum sheets and foils for various purposes; cold rolling foil for producing decorative foil; household foils that are used in food packing, barbecue, and cake mold; and beer wrap foil. Further, the company provides pharmaceutical foils, which are used in pharmaceutical packing of capsules and tablets; container aluminum foils for packing boxes; and decorative foils for curtain wall, ceiling, interior/exterior decoration, and plan decoration. It also exports its products to more than 60 countries. The company was formerly known as Loften Environmental Technology Co., Ltd. and changed its name to Shandong Hongchuang Aluminum Industry Holding Company Limited in May 2017. The company was founded in 2000 and is based in Binzhou, China.

Shandong Hongchuang Aluminum Industry Dividend Announcement

• Shandong Hongchuang Aluminum Industry announced a annually dividend of ¥0.02 per ordinary share which will be made payable on . Ex dividend date: 2014-06-16
• Shandong Hongchuang Aluminum Industry's trailing twelve-month (TTM) dividend yield is -%
• Shandong Hongchuang Aluminum Industry's payout ratio for the trailing twelve months (TTM) is -5.32%

Shandong Hongchuang Aluminum Industry Dividend History

Ex-Div dateDividend amountDividend typePay date
2014-06-16¥0.02annually
2011-06-01¥0.10annually

Shandong Hongchuang Aluminum Industry Dividend per year

Shandong Hongchuang Aluminum Industry Dividend Yield

Shandong Hongchuang Aluminum Industry current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shandong Hongchuang Aluminum Industry stock? Use our calculator to estimate your expected dividend yield:

Shandong Hongchuang Aluminum Industry Financial Ratios

P/E ratio-68.18
PEG ratio-0.65
P/B ratio3.97
ROE-5.74%
Payout ratio-5.32%
Current ratio1.72
Quick ratio1.26
Cash Ratio0.35

Shandong Hongchuang Aluminum Industry Dividend FAQ

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