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Tat Hong Equipment Service Co., Ltd. provides tower crane solutions in the People's Republic of China. The company offers consultation, technical design, commissioning, construction, and after-sales services to construction contractors in infrastructure, clean energy, traditional energy, general construction, commercial building, and residential buildings. It also engages in the installation, maintenance, and leasing of construction machinery and equipment. The company manages a fleet of 1,080 tower cranes. The company was founded in 2007 and is headquartered in Shanghai, China. Tat Hong Equipment Service Co., Ltd. is a subsidiary of Tat Hong Equipment (China) Pte. Ltd.

Tat Hong Equipment Service Dividend Announcement

Tat Hong Equipment Service announced a semi annually dividend of HK$0.02 per ordinary share which will be made payable on 2022-11-04. Ex dividend date: 2022-10-10
Tat Hong Equipment Service's trailing twelve-month (TTM) dividend yield is -%

Tat Hong Equipment Service Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-10-10HK$0.02semi annually2022-11-04
2022-01-05HK$0.03semi annually2022-04-08
2021-10-11HK$0.03semi annually2021-11-05

Tat Hong Equipment Service Dividend per year

Tat Hong Equipment Service Dividend Yield

Tat Hong Equipment Service current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tat Hong Equipment Service stock? Use our calculator to estimate your expected dividend yield:

Tat Hong Equipment Service Financial Ratios

P/E ratio-14.59
PEG ratio-0.15
P/B ratio0.98
ROE-6.55%
Payout ratio0.00%
Current ratio1.44
Quick ratio1.39
Cash Ratio0.15

Tat Hong Equipment Service Dividend FAQ

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