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Shanxi Huayang New Material Co.,Ltd., together with its subsidiaries, researches, develops, produces, and sells chemical products and raw materials, chemical fertilizers, coke, bio-chemical products, and fine chemicals. It also processes and sells precious metals, clothes, ready-mixed commercial concrete, and chemical products; manufactures machinery; and produces industrial water. The company is also involved in the information consultation; wholesale and retail of metal materials, steel, building materials, instruments, hardware and electrical equipment, and magnetic stainless-steel products; and anti-corrosion, thermal insulation, demolition, and installation of chemical equipment pipelines. In addition, it engages in the import, export, recycling, utilization, processing, and sale of precious metal series catalysts, catalytic nets, and rare earth high magnetic materials, as well as goods and technology and construction business. Further, the company sells electricity and offers related ancillary services. The company was formerly known as Taiyuan Chemical Industry Co., Ltd. and changed its name to Shanxi Huayang New Material Co.,Ltd. in June 2021. Shanxi Huayang New Material Co.,Ltd. was founded in 1999 and is based in Taiyuan, China.

Shanxi Huayang New Material Dividend Announcement

• Shanxi Huayang New Material announced a annually dividend of ¥0.01 per ordinary share which will be made payable on . Ex dividend date: 2008-06-17
• Shanxi Huayang New Material's trailing twelve-month (TTM) dividend yield is -%
• Shanxi Huayang New Material's payout ratio for the trailing twelve months (TTM) is -14.12%

Shanxi Huayang New Material Dividend History

Ex-Div dateDividend amountDividend typePay date
2008-06-17¥0.01annually
2007-06-20¥0.01annually
2006-06-27¥0.01annually
2005-08-17¥0.02annually
2004-07-08¥0.01annually
2003-06-24¥0.01annually
2002-06-14¥0.02annually
2001-05-16¥0.05annually

Shanxi Huayang New Material Dividend per year

Shanxi Huayang New Material Dividend growth

Shanxi Huayang New Material Dividend Yield

Shanxi Huayang New Material current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shanxi Huayang New Material stock? Use our calculator to estimate your expected dividend yield:

Shanxi Huayang New Material Financial Ratios

P/E ratio-13.38
PEG ratio-0.07
P/B ratio13.67
ROE-79.14%
Payout ratio-14.12%
Current ratio0.84
Quick ratio0.51
Cash Ratio0.19

Shanxi Huayang New Material Dividend FAQ

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