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ZheJiang HeDa Technology Co.,Ltd operates in the water industry. It offers smart leak detection and leakage warning products, and intelligent pressure management valves; telemetry terminals; rotor multi-stream dry remote water meters; rotor multi-flow wet remote water meters; high-precision rotary-wing remote water meters; drainage level monitoring terminals; road water level gauges; smart manhole cover monitoring terminals; and pipeline velocity monitoring terminals. The company also provides software products, such as smart water unified platform, IoT platform, emergency command platform, and water big data BI analysis platform; and leakage control and warning systems, and pipeline pressure control systems; and geographic information GIS systems of pipeline network, pipeline network inspection and maintenance management systems, field work order management systems, and grid management systems. In addition, its software products include production scheduling management systems, scientific dispatch management systems, online hydraulic model systems, intelligent analysis and early warning systems for abnormal events; secondary water supply management systems; and agricultural drinking water management systems; application management systems, operating fee systems, full service systems, and metrology center systems; and equipment and water quality management system. The company was founded in 2000 and is headquartered in Jiaxing, China.

Zhejiang Heda Technology Dividend Announcement

• Zhejiang Heda Technology announced a annually dividend of ¥0.15 per ordinary share which will be made payable on 2023-06-21. Ex dividend date: 2023-06-21
• Zhejiang Heda Technology annual dividend for 2023 was ¥0.15
• Zhejiang Heda Technology's trailing twelve-month (TTM) dividend yield is -%
• Zhejiang Heda Technology's payout ratio for the trailing twelve months (TTM) is -159.23%

Zhejiang Heda Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-06-21¥0.15annually2023-06-21
2022-05-25¥0.28annually2022-05-25

Zhejiang Heda Technology Dividend per year

Zhejiang Heda Technology Dividend Yield

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

Zhejiang Heda Technology Financial Ratios

P/E ratio-55.94
PEG ratio-3.76
P/B ratio1.64
ROE-2.89%
Payout ratio-159.23%
Current ratio3.39
Quick ratio2.92
Cash Ratio0.35

Zhejiang Heda Technology Dividend FAQ

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