Wenzhou Hongfeng Electrical Alloy Co., Ltd., together with its subsidiaries, researches, develops, manufactures, and supplies electrical contact materials in the People's Republic of China. It offers structured composite electrical contact materials and components; composite clad electrical contact materials and components, including composite button contact materials, profiled contact materials, composite rivet contact materials, clad strips and stamped parts, Cu/Fe/Cu and Cu/Al/Cu clad materials, and novel Cu/Ag/Cu clad materials; electrical contact assemblies comprising staked and welded contact assemblies; and welding and other accessories, such as solder pastes and brazing material systems. The company also provides thermostat bimetal products consisting of stamping parts and strips; and cemented carbide products, including coaling and geological mining products, road repair tools, carbide burrs and rods, tire studs, CNC cutting inserts, non-standard products, wear resistant parts, wood working knives and glass cutters, and tools of processing building materials. Its products are used in industrial electrical equipment, such as AC contactors, miniature circuit breakers, molded-case circuit breakers, intelligent air circuit breakers, relays, and fuses; construction apparatus, including wall mounted switches and socket outlets; automotive equipment, such as thermostats; and communications electronics, which include micro motors and touch switches. The company was founded in 1997 and is headquartered in Yueqing, the People's Republic of China.
Wenzhou Hongfeng Electrical Alloy Dividend Announcement
• Wenzhou Hongfeng Electrical Alloy announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-06-18. Ex dividend date: 2024-06-18
• Wenzhou Hongfeng Electrical Alloy annual dividend for 2024 was ¥0.02
• Wenzhou Hongfeng Electrical Alloy annual dividend for 2023 was ¥0.03
• Wenzhou Hongfeng Electrical Alloy's trailing twelve-month (TTM) dividend yield is 0.33%
• Wenzhou Hongfeng Electrical Alloy's payout ratio for the trailing twelve months (TTM) is -90.29%
• Wenzhou Hongfeng Electrical Alloy's dividend growth over the last five years (2018-2023) was 37.97% year
• Wenzhou Hongfeng Electrical Alloy's dividend growth over the last ten years (2013-2023) was -15.20% year
Wenzhou Hongfeng Electrical Alloy Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-18 | ¥0.02 | annually | 2024-06-18 |
| 2023-06-28 | ¥0.03 | annually | 2023-06-28 |
| 2022-06-29 | ¥0.04 | annually | 2022-06-29 |
| 2021-07-07 | ¥0.02 | annually | 2021-07-07 |
| 2020-06-12 | ¥0.01 | annually | 2020-06-12 |
| 2019-07-12 | ¥0.01 | annually | 2019-07-12 |
| 2018-06-29 | ¥0.01 | annually | 2018-06-29 |
| 2017-06-14 | ¥0.01 | annually | 2017-06-14 |
| 2016-04-13 | ¥0.01 | annually | |
| 2015-04-30 | ¥0.15 | annually | |
| 2014-05-28 | ¥0.01 | annually | |
| 2013-05-21 | ¥0.13 | annually |
Wenzhou Hongfeng Electrical Alloy Dividend per year
Wenzhou Hongfeng Electrical Alloy Dividend growth
Wenzhou Hongfeng Electrical Alloy Dividend Yield
Wenzhou Hongfeng Electrical Alloy current trailing twelve-month (TTM) dividend yield is 0.33%. Interested in purchasing Wenzhou Hongfeng Electrical Alloy stock? Use our calculator to estimate your expected dividend yield:
Wenzhou Hongfeng Electrical Alloy Financial Ratios
P/E ratio-69.64
PEG ratio-0.70
P/B ratio2.87
ROE-4.06%
Payout ratio-90.29%
Current ratio1.18
Quick ratio0.45
Cash Ratio0.06
Wenzhou Hongfeng Electrical Alloy Dividend FAQ
How much is the next Wenzhou Hongfeng Electrical Alloy dividend?
Wenzhou Hongfeng Electrical Alloy's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Wenzhou Hongfeng Electrical Alloy dividend. The next Wenzhou Hongfeng Electrical Alloy dividend will be released in June.
When is Wenzhou Hongfeng Electrical Alloy dividend paid?
Wenzhou Hongfeng Electrical Alloy pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Wenzhou Hongfeng Electrical Alloy pay?
The specific amount of Wenzhou Hongfeng Electrical Alloy dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Wenzhou Hongfeng Electrical Alloy's dividend history.
Does Wenzhou Hongfeng Electrical Alloy stock pay dividends?
Yes, Wenzhou Hongfeng Electrical Alloy does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Wenzhou Hongfeng Electrical Alloy's dividend history.
How much dividend does Wenzhou Hongfeng Electrical Alloy pay?
Wenzhou Hongfeng Electrical Alloy paid ¥0.02 in 2024, ¥0.025 in 2023, ¥0.04 in 2022, ¥0.02 in 2021, and ¥0.013 in 2020.
How often does Wenzhou Hongfeng Electrical Alloy pay dividends?
Wenzhou Hongfeng Electrical Alloy typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Wenzhou Hongfeng Electrical Alloy's dividend yield?
The current dividend yield for Wenzhou Hongfeng Electrical Alloy is 0.33%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Wenzhou Hongfeng Electrical Alloy's exact dividend yield.
When does Wenzhou Hongfeng Electrical Alloy go ex dividend?
Wenzhou Hongfeng Electrical Alloy's ex-dividend date for the latest dividend was on 2024-06-18. Wenzhou Hongfeng Electrical Alloy typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Wenzhou Hongfeng Electrical Alloy dividend paid?
Wenzhou Hongfeng Electrical Alloy pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Wenzhou Hongfeng Electrical Alloy increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Wenzhou Hongfeng Electrical Alloy will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Wenzhou Hongfeng Electrical Alloy dividend per share?
Wenzhou Hongfeng Electrical Alloy paid ¥0.02 per share in 2024 and ¥0.025 per share in 2023. The amount of dividend per share that Wenzhou Hongfeng Electrical Alloy pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Wenzhou Hongfeng Electrical Alloy a dividend aristocrat?
No, 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 Wenzhou Hongfeng Electrical Alloy a dividend king?
No, 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 Wenzhou Hongfeng Electrical Alloy a dividend stock?
Yes, Wenzhou Hongfeng Electrical Alloy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Wenzhou Hongfeng Electrical Alloy a good dividend stock?
Whether Wenzhou Hongfeng Electrical Alloy is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Wenzhou Hongfeng Electrical Alloy has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Wenzhou Hongfeng Electrical Alloy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Wenzhou Hongfeng Electrical Alloy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Wenzhou Hongfeng Electrical Alloy pay dividends monthly?
Wenzhou Hongfeng Electrical Alloy typically pays dividends on a annually basis.
Does Wenzhou Hongfeng Electrical Alloy pay dividends quarterly?
Wenzhou Hongfeng Electrical Alloy currently pays dividends on a annually basis.
Has Wenzhou Hongfeng Electrical Alloy ever paid a dividend?
Yes, Wenzhou Hongfeng Electrical Alloy has a history of paying dividends to its shareholders. Wenzhou Hongfeng Electrical Alloy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Wenzhou Hongfeng Electrical Alloy dividend stocks?
To buy Wenzhou Hongfeng Electrical Alloy 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Wenzhou Hongfeng Electrical Alloy 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.
Place an order: Use the brokerage's trading platform to place an order to buy Wenzhou Hongfeng Electrical Alloy 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.
When does Wenzhou Hongfeng Electrical Alloy pay dividends 2024?
Wenzhou Hongfeng Electrical Alloy pays dividends on a annually basis. 2024 dividend payments are in 2024-06-18. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Wenzhou Hongfeng Electrical Alloy increase its dividend in 2024?
Decisions regarding Wenzhou Hongfeng Electrical Alloy dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Wenzhou Hongfeng Electrical Alloy dividend overview you can look into the above table of dividend history.
How Wenzhou Hongfeng Electrical Alloy dividend works?
The Wenzhou Hongfeng Electrical Alloy dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Wenzhou Hongfeng Electrical Alloy's dividend process works:
1. Determination of Dividend: Wenzhou Hongfeng Electrical Alloy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Wenzhou Hongfeng Electrical Alloy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Wenzhou Hongfeng Electrical Alloy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Wenzhou Hongfeng Electrical Alloy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Wenzhou Hongfeng Electrical Alloy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Wenzhou Hongfeng Electrical Alloy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Wenzhou Hongfeng Electrical Alloy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Wenzhou Hongfeng Electrical Alloy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Wenzhou Hongfeng Electrical Alloy dividends paid?
Wenzhou Hongfeng Electrical Alloy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Wenzhou Hongfeng Electrical Alloy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Wenzhou Hongfeng Electrical Alloy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Wenzhou Hongfeng Electrical Alloy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Wenzhou Hongfeng Electrical Alloy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Wenzhou Hongfeng Electrical Alloy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Wenzhou Hongfeng Electrical Alloy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Wenzhou Hongfeng Electrical Alloy pay dividends?
Wenzhou Hongfeng Electrical Alloy typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Wenzhou Hongfeng Electrical Alloy pay dividends?
The general pattern is that Wenzhou Hongfeng Electrical Alloy pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Wenzhou Hongfeng Electrical Alloy dividend safe?
The safety of Wenzhou Hongfeng Electrical Alloy's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Wenzhou Hongfeng Electrical Alloy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Wenzhou Hongfeng Electrical Alloy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Wenzhou Hongfeng Electrical Alloy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Wenzhou Hongfeng Electrical Alloy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.