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Wuxi Honghui New Materials Technology Co., Ltd. engages in the research and development, manufacture, and sale of copolymer and terpolymer resins of vinyl chloride and vinyl acetate, vinyl chloride terpolymer emulsion, and other modified water-based series worldwide. It offers vinyl copolymer, carboxyl modifed vinyl terpolymer, ester-soluble vinyl copolymer, and hydroxyl modified vinyl terpolymer resins; acrylic emulsion, water-based acrylic resins, epoxy emulsion, vinyl chloride copolymer emulsion, and epoxy hardener resins; and PVC functional modifier resins. The company's products are used in inks, coatings, plastic processing, magnetic record materials, adhesion, etc. The company was founded in 2001 and is based in Wuxi, China.

Wuxi Honghui New Materials Technology Dividend Announcement

Wuxi Honghui New Materials Technology announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-07-22. Ex dividend date: 2024-07-22
Wuxi Honghui New Materials Technology annual dividend for 2024 was ¥0.25
Wuxi Honghui New Materials Technology annual dividend for 2023 was ¥0.78
Wuxi Honghui New Materials Technology's trailing twelve-month (TTM) dividend yield is 2.61%
Wuxi Honghui New Materials Technology's payout ratio for the trailing twelve months (TTM) is 162.99%
Wuxi Honghui New Materials Technology's dividend growth over the last five years (2018-2023) was 17.31% year

Wuxi Honghui New Materials Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-22¥0.25annually2024-07-22
2023-05-12¥0.78annually2023-05-12
2022-06-08¥0.40annually2022-06-08
2021-06-04¥0.50annually2021-06-04
2020-09-16¥0.30annually2020-09-16
2020-05-28¥0.50annually2020-05-28
2019-07-17¥1.00annually2019-07-17
2018-06-15¥0.35annually2018-06-15
2017-07-14¥0.15annually2017-07-14
2016-09-28¥0.15annually

Wuxi Honghui New Materials Technology Dividend per year

Wuxi Honghui New Materials Technology Dividend growth

Wuxi Honghui New Materials Technology Dividend Yield

Wuxi Honghui New Materials Technology current trailing twelve-month (TTM) dividend yield is 2.61%. Interested in purchasing Wuxi Honghui New Materials Technology stock? Use our calculator to estimate your expected dividend yield:

Wuxi Honghui New Materials Technology Financial Ratios

P/E ratio33.50
PEG ratio-4.35
P/B ratio2.78
ROE7.93%
Payout ratio162.99%
Current ratio5.44
Quick ratio5.15
Cash Ratio1.09

Wuxi Honghui New Materials Technology Dividend FAQ

How much is the next Wuxi Honghui New Materials Technology dividend?
Wuxi Honghui New Materials Technology's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Wuxi Honghui New Materials Technology dividend. The next Wuxi Honghui New Materials Technology dividend will be released in May.
When is Wuxi Honghui New Materials Technology dividend paid?
Wuxi Honghui New Materials Technology pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 Wuxi Honghui New Materials Technology pay?
The specific amount of Wuxi Honghui New Materials Technology 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 Wuxi Honghui New Materials Technology's dividend history.
Does Wuxi Honghui New Materials Technology stock pay dividends?
Yes, Wuxi Honghui New Materials Technology 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 Wuxi Honghui New Materials Technology's dividend history.
How much dividend does Wuxi Honghui New Materials Technology pay?
Wuxi Honghui New Materials Technology paid ¥0.25 in 2024, ¥0.78 in 2023, ¥0.4 in 2022, ¥0.5 in 2021, and ¥0.8 in 2020.
How often does Wuxi Honghui New Materials Technology pay dividends?
Wuxi Honghui New Materials Technology 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 May.
What is Wuxi Honghui New Materials Technology's dividend yield?
The current dividend yield for Wuxi Honghui New Materials Technology is 2.61%. 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 Wuxi Honghui New Materials Technology's exact dividend yield.
When does Wuxi Honghui New Materials Technology go ex dividend?
Wuxi Honghui New Materials Technology's ex-dividend date for the latest dividend was on 2024-07-22. Wuxi Honghui New Materials Technology 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 Wuxi Honghui New Materials Technology dividend paid?
Wuxi Honghui New Materials Technology pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Wuxi Honghui New Materials Technology 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 Wuxi Honghui New Materials Technology 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 Wuxi Honghui New Materials Technology dividend per share?
Wuxi Honghui New Materials Technology paid ¥0.25 per share in 2024 and ¥0.78 per share in 2023. The amount of dividend per share that Wuxi Honghui New Materials Technology 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 Wuxi Honghui New Materials Technology 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 Wuxi Honghui New Materials Technology 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 Wuxi Honghui New Materials Technology a dividend stock?
Yes, Wuxi Honghui New Materials Technology is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Wuxi Honghui New Materials Technology a good dividend stock?
Whether Wuxi Honghui New Materials Technology is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Wuxi Honghui New Materials Technology has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Wuxi Honghui New Materials Technology 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 Wuxi Honghui New Materials Technology pay dividends monthly?
Wuxi Honghui New Materials Technology typically pays dividends on a annually basis.
Does Wuxi Honghui New Materials Technology pay dividends quarterly?
Wuxi Honghui New Materials Technology currently pays dividends on a annually basis.
Has Wuxi Honghui New Materials Technology ever paid a dividend?
Yes, Wuxi Honghui New Materials Technology has a history of paying dividends to its shareholders. Wuxi Honghui New Materials Technology is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Wuxi Honghui New Materials Technology dividend stocks?
To buy Wuxi Honghui New Materials Technology 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 Wuxi Honghui New Materials Technology 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 Wuxi Honghui New Materials Technology pay dividends 2024?
Wuxi Honghui New Materials Technology pays dividends on a annually basis. 2024 dividend payments are in 2024-07-22. 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 Wuxi Honghui New Materials Technology increase its dividend in 2024?
Decisions regarding Wuxi Honghui New Materials Technology 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 Wuxi Honghui New Materials Technology dividend overview you can look into the above table of dividend history.
How Wuxi Honghui New Materials Technology dividend works?
The Wuxi Honghui New Materials Technology 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 Wuxi Honghui New Materials Technology's dividend process works:

1. Determination of Dividend: Wuxi Honghui New Materials Technology'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, Wuxi Honghui New Materials Technology 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, Wuxi Honghui New Materials Technology 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 Wuxi Honghui New Materials Technology 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 Wuxi Honghui New Materials Technology dividends paid?
Wuxi Honghui New Materials Technology dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Wuxi Honghui New Materials Technology 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, Wuxi Honghui New Materials Technology distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Wuxi Honghui New Materials Technology 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 Wuxi Honghui New Materials Technology pay dividends?
Wuxi Honghui New Materials Technology 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 Wuxi Honghui New Materials Technology pay dividends?
The general pattern is that Wuxi Honghui New Materials Technology pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Wuxi Honghui New Materials Technology dividend safe?
The safety of Wuxi Honghui New Materials Technology'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 Wuxi Honghui New Materials Technology'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 Wuxi Honghui New Materials Technology'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.