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Zhejiang Guanghua Technology Co., Ltd. engages in the research and development of polyester resins for powder coating in China. The company provides carboxylic polyester resins, including out-door durable, low temperature curing, low gloss/dry blend, outstanding leveling, excellent heat resistance, and economical polyester resins. It also offers hydroxylic polyester resins; and tin free polyester resins. The company offers its products under the KHUA brand name. Zhejiang Guanghua Technology Co., Ltd. was founded in 2014 and is based in Haining, China.

Zhejiang Guanghua Technology Dividend Announcement

Zhejiang Guanghua Technology announced a annually dividend of ¥0.36 per ordinary share which will be made payable on 2024-06-18. Ex dividend date: 2024-06-18
Zhejiang Guanghua Technology annual dividend for 2024 was ¥0.36
Zhejiang Guanghua Technology annual dividend for 2023 was ¥0.50
Zhejiang Guanghua Technology's trailing twelve-month (TTM) dividend yield is 1.99%
Zhejiang Guanghua Technology's payout ratio for the trailing twelve months (TTM) is 99.56%

Zhejiang Guanghua Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-18¥0.36annually2024-06-18
2023-06-07¥0.50annually2023-06-07

Zhejiang Guanghua Technology Dividend per year

Zhejiang Guanghua Technology Dividend Yield

Zhejiang Guanghua Technology current trailing twelve-month (TTM) dividend yield is 1.99%. Interested in purchasing Zhejiang Guanghua Technology stock? Use our calculator to estimate your expected dividend yield:

Zhejiang Guanghua Technology Financial Ratios

P/E ratio20.31
PEG ratio0.98
P/B ratio1.45
ROE7.18%
Payout ratio99.56%
Current ratio2.41
Quick ratio2.22
Cash Ratio0.87

Zhejiang Guanghua Technology Dividend FAQ

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

Place an order: Use the brokerage's trading platform to place an order to buy Zhejiang Guanghua 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.