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Zhejiang Huatie Emergency Equipment Science & Technology Co.,Ltd. engages in the rental of construction equipment in China. The company leases building support equipment, such as steel support, bere sheet, steel bridge, disc buckle, prestressed steel support, aluminum alloy formwork, attached lift safety protection platform, and servo axial force control system. It also provides aerial work platforms, including scissor trucks, off-road scissor trucks, straight arm carts, and crank cars. In addition, the company offers underground repair and maintenance services. The company was formerly known as Zhejiang Huatie Construction Safety Science and Technology Co., Ltd. and changed its name to Zhejiang Huatie Emergency Equipment Science & Technology Co.,Ltd. in September 2019. Zhejiang Huatie Emergency Equipment Science & Technology Co.,Ltd. was founded in 2008 and is headquartered in Hangzhou, China.

Zhejiang Huatie Emergency Equipment Science & Technology Dividend Announcement

Zhejiang Huatie Emergency Equipment Science & Technology announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-07-05
Zhejiang Huatie Emergency Equipment Science & Technology annual dividend for 2024 was ¥0.02
Zhejiang Huatie Emergency Equipment Science & Technology's trailing twelve-month (TTM) dividend yield is 0.38%
Zhejiang Huatie Emergency Equipment Science & Technology's payout ratio for the trailing twelve months (TTM) is 19.46%

Zhejiang Huatie Emergency Equipment Science & Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-05¥0.02annually2024-07-05
2022-06-20¥0.18annually2022-06-20
2017-07-14¥0.04annually2017-07-14
2016-06-13¥0.04annually

Zhejiang Huatie Emergency Equipment Science & Technology Dividend per year

Zhejiang Huatie Emergency Equipment Science & Technology Dividend Yield

Zhejiang Huatie Emergency Equipment Science & Technology current trailing twelve-month (TTM) dividend yield is 0.38%. Interested in purchasing Zhejiang Huatie Emergency Equipment Science & Technology stock? Use our calculator to estimate your expected dividend yield:

Zhejiang Huatie Emergency Equipment Science & Technology Financial Ratios

P/E ratio16.10
PEG ratio-0.51
P/B ratio1.93
ROE12.53%
Payout ratio19.46%
Current ratio0.71
Quick ratio0.70
Cash Ratio0.04

Zhejiang Huatie Emergency Equipment Science & Technology Dividend FAQ

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