Shanghai Hugong Electric Group Co.,Ltd. manufactures and sells welding and cutting equipment in China. The company offers welding machines, including stick welders, MIG/MAG welders, TIG welders, plasma cutters, submerged arc welders, and engine driven welders; laser cutting machines, such as fiber laser cutting machines and plate-pipe complexes; plasma cutting machines comprising CNC flame and plasma cutting machines, and CNC pipe intersection cutting machines; and auto welding systems. It also provides robot integration equipment; and white body welding production lines, welding fixtures, robotic workstations, non-standard special machines, and other automation equipment for automobile companies and auto parts manufacturers. The company also exports its products to 108 countries. Shanghai Hugong Electric Group Co.,Ltd. was founded in 1958 and is based in Shanghai, China.
Shanghai Hugong Electric Dividend Announcement
• Shanghai Hugong Electric announced a annually dividend of ¥0.02 per ordinary share which will be made payable on . Ex dividend date: 2022-06-29
• Shanghai Hugong Electric's trailing twelve-month (TTM) dividend yield is -%
• Shanghai Hugong Electric's payout ratio for the trailing twelve months (TTM) is -7.06%
Shanghai Hugong Electric Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-06-29 | ¥0.02 | annually | |
2021-06-10 | ¥0.20 | annually | |
2020-06-08 | ¥0.10 | annually | |
2019-06-13 | ¥0.10 | annually | |
2018-06-29 | ¥0.11 | annually | |
2017-05-24 | ¥0.70 | annually |
Shanghai Hugong Electric Dividend per year
Shanghai Hugong Electric Dividend growth
Shanghai Hugong Electric Dividend Yield
Shanghai Hugong Electric current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shanghai Hugong Electric stock? Use our calculator to estimate your expected dividend yield:
Shanghai Hugong Electric Financial Ratios
Shanghai Hugong Electric Dividend FAQ
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.
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