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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2017-07-13 | ¥0.04 | annually | 2017-07-13 |
2014-06-12 | ¥0.10 | annually | |
2001-07-06 | ¥0.08 | annually | |
1998-06-12 | ¥0.11 | annually | |
1997-06-26 | ¥0.19 | annually |
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
Shenyang Huitian Thermal Power 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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