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Taiyuan Heavy Industry Co., Ltd. manufactures and sells heavy-duty machinery in China. It offers railway wheels, axles, gearboxes, wheelsets, and tunnel boring machines; mining shovels and hydraulic excavators, semi-mobile crushing stations, self-mobile crushing stations, spreaders, discharging cars, crawler transporters, and belt conveyors; heavy duty and special cranes, and dry quenching lifters; seamless steel pipe rolling, plate and strip rolling mill and finishing, plate correcting, and steel pipe welding equipment; and extrusion, forging hydraulic, punching hydraulic, and special hydraulic presses. The company also provides wind turbines; coke oven machinery; pressure vessels and related products; jack-up drilling platforms, lift-boats, wind-turbine installation vessels, hydraulic pile driving hammers, rock-embedded drilling machines, whole package of drilling equipment, jacking and locking systems, and single point mooring systems; gear transmission and other standard gearbox products; and steel castings and various kinds of forgings. In addition, it offers jib cranes, ship-to-shore container cranes, ship loaders, bridge type grab ship unloaders, rail mounted container gantry cranes, rubber tried container gantry cranes, goliath cranes, bucket wheel stacker-reclaimers, etc.; construction machinery, such as cranes; oil film bearings, chocks, and lubrication systems; and space launch towers, stage equipment, nuclear vessels, and electric control equipment. The company also exports its products to approximately 50 countries. Its products are used in the fields of metallurgy, mining, energy, transportation, offshore, aerospace, chemical, railway, shipbuilding, environmental protection, etc. The company was founded in 1950 and is headquartered in Taiyuan, China.

Taiyuan Heavy Industry Dividend Announcement

• Taiyuan Heavy Industry announced a annually dividend of ¥0.01 per ordinary share which will be made payable on . Ex dividend date: 2014-07-31
• Taiyuan Heavy Industry's trailing twelve-month (TTM) dividend yield is -%
• Taiyuan Heavy Industry's payout ratio for the trailing twelve months (TTM) is 385.01%

Taiyuan Heavy Industry Dividend History

Ex-Div dateDividend amountDividend typePay date
2014-07-31¥0.01annually
2011-06-07¥0.05annually
2009-05-25¥0.05annually
2001-06-26¥0.03annually

Taiyuan Heavy Industry Dividend per year

Taiyuan Heavy Industry Dividend Yield

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

Taiyuan Heavy Industry Financial Ratios

P/E ratio52.81
PEG ratio29.57
P/B ratio1.55
ROE2.89%
Payout ratio385.01%
Current ratio1.20
Quick ratio0.61
Cash Ratio0.10

Taiyuan Heavy Industry Dividend FAQ

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