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Shenyang Huitian Thermal Power Co.,Ltd provide heating and heating engineering services for residents and non-residents in China. It is also involved in the installation of equipment, construction of industrial pipelines, and civil engineering activities. In addition, the company manufactures and installs non-standard structural parts; sells ammonium sulfate; and retails plumbing materials. The company was formerly known as Shenyang Thermal Power Co., Ltd. and changed its name to Shenyang Huitian Thermal Power Co.,Ltd in January 1997. Shenyang Huitian Thermal Power Co.,Ltd was founded in 1980 and is based in Shenyang, China.

Shenyang Huitian Thermal Power Dividend Announcement

Shenyang Huitian Thermal Power announced a annually dividend of ¥0.04 per ordinary share which will be made payable on 2017-07-13. Ex dividend date: 2017-07-13
Shenyang Huitian Thermal Power's trailing twelve-month (TTM) dividend yield is -%
Shenyang Huitian Thermal Power's payout ratio for the trailing twelve months (TTM) is 12.14%

Shenyang Huitian Thermal Power Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-07-13¥0.04annually2017-07-13
2014-06-12¥0.10annually
2001-07-06¥0.08annually
1998-06-12¥0.11annually
1997-06-26¥0.19annually

Shenyang Huitian Thermal Power Dividend per year

Shenyang Huitian Thermal Power Dividend Yield

Shenyang Huitian Thermal Power current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shenyang Huitian Thermal Power stock? Use our calculator to estimate your expected dividend yield:

Shenyang Huitian Thermal Power Financial Ratios

P/E ratio1.96
PEG ratio-0.02
P/B ratio-7.41
ROE-2023.50%
Payout ratio12.14%
Current ratio0.36
Quick ratio0.25
Cash Ratio0.08

Shenyang Huitian Thermal Power Dividend FAQ

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