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Xinjiang Hejin Holding Co., Ltd. produces and sells nickel-based alloy materials in China. The company offers K-500, 718, R405, corrosion-resistant materials and welding materials, electrical vacuum materials, electrical resistance heating alloy materials, spark plug electrodes materials, temperature measurement materials, nickel and nickel alloy wires for electrodes and wires, pump shaft-2, pump shaft-1, pump shaft-3, and spline bushing. The company was formerly known as Shenyang Hejin Holding Investment Co., Ltd. and changed its name to Xinjiang Hejin Holding Co., Ltd. in October 2017. Xinjiang Hejin Holding Co., Ltd. was founded in 1987 and is based in Hetian, China.

Xinjiang Hejin Dividend Announcement

• Xinjiang Hejin announced a annually dividend of ¥0.03 per ordinary share which will be made payable on . Ex dividend date: 2003-10-24
• Xinjiang Hejin's trailing twelve-month (TTM) dividend yield is -%
• Xinjiang Hejin's payout ratio for the trailing twelve months (TTM) is 8.87%

Xinjiang Hejin Dividend History

Ex-Div dateDividend amountDividend typePay date
2003-10-24¥0.03annually

Xinjiang Hejin Dividend per year

Xinjiang Hejin Dividend Yield

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

Xinjiang Hejin Financial Ratios

P/E ratio487.11
PEG ratio-28.46
P/B ratio10.89
ROE2.25%
Payout ratio8.87%
Current ratio2.27
Quick ratio1.29
Cash Ratio0.30

Xinjiang Hejin Dividend FAQ

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