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Weihai Huadong Automation Co., Ltd develops, manufactures, and sells CNC systems, CNC machine tools, and related parts in China. It provides cutting tools, hand tools, metal cutting machine tools, machine tool accessories, hydraulic parts, pneumatic components, electric tools, motors, electrical components, and industrial automation instruments. Its products also include cylindrical grinding machines; universal radial milling machines; dynamic and static pressure spindles; surface grinders; vertical and horizontal milling machines; gantry grinding and milling machines; milling machines; and functional accessories. The company was founded in 2002 and is based in Weihai, China.

Weihai Huadong Automation Dividend Announcement

Weihai Huadong Automation announced a annually dividend of ¥0.05 per ordinary share which will be made payable on . Ex dividend date: 2012-05-03
Weihai Huadong Automation 's trailing twelve-month (TTM) dividend yield is -%
Weihai Huadong Automation 's payout ratio for the trailing twelve months (TTM) is -27.89%

Weihai Huadong Automation Dividend History

Ex-Div dateDividend amountDividend typePay date
2012-05-03¥0.05annually
2011-05-17¥0.05annually
2010-08-24¥0.10annually
2009-04-23¥0.10annually

Weihai Huadong Automation Dividend per year

Weihai Huadong Automation Dividend growth

Weihai Huadong Automation Dividend Yield

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

Weihai Huadong Automation Financial Ratios

P/E ratio-179.05
PEG ratio2.90
P/B ratio42.11
ROE-25.12%
Payout ratio-27.89%
Current ratio1.09
Quick ratio0.47
Cash Ratio0.19

Weihai Huadong Automation Dividend FAQ

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