Wenzhou Hongfeng Electrical Alloy Co Stock

Wenzhou Hongfeng Electrical Alloy Co Dividend 2024

Wenzhou Hongfeng Electrical Alloy Co Dividend

0.03 CNY

Wenzhou Hongfeng Electrical Alloy Co Dividend yield

0.53 %

Ticker

300283.SZ

ISIN

CNE100001F86

How much dividend does Wenzhou Hongfeng Electrical Alloy Co 2024 pay?

According to the latest status from September 2024, Wenzhou Hongfeng Electrical Alloy Co paid a total of 0.03 CNY per share in dividends within the last 12 months. With the current Wenzhou Hongfeng Electrical Alloy Co price of 4.68 CNY, this corresponds to a dividend yield of 0.53 %. A dividend is paid times per year.

0.53 % Dividend Yield=
0.03 CNY Dividend
4.68 CNY Stock Price

Historical Wenzhou Hongfeng Electrical Alloy Co Dividends

A dividend is paid times per year. Last year, the payout months were and July.

PaydateDividend
7/18/20240.02
7/28/20230.03
7/29/20220.04
8/7/20210.02
7/12/20200.01
8/12/20190.01
7/29/20180.01
7/14/20170.01
5/13/20160.01
5/30/20150.08
6/28/20140.01
6/21/20130.08
6/22/20120.8
1

Wenzhou Hongfeng Electrical Alloy Co dividend history and estimates

In 2023, Wenzhou Hongfeng Electrical Alloy Co paid a dividend amounting to 0.03 CNY. Dividend means that Wenzhou Hongfeng Electrical Alloy Co distributes a portion of its profits to its owners.
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Dividend

Dividend Overview

The dividend per year chart for Wenzhou Hongfeng Electrical Alloy Co provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Wenzhou Hongfeng Electrical Alloy Co’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Wenzhou Hongfeng Electrical Alloy Co's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Wenzhou Hongfeng Electrical Alloy Co Dividend History

DateWenzhou Hongfeng Electrical Alloy Co Dividend
20230.03 undefined
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20210.02 undefined
20200.01 undefined
20190.01 undefined
20180.01 undefined
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20160.01 undefined
20150.05 undefined
20140 undefined
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20120.14 undefined

Is the Wenzhou Hongfeng Electrical Alloy Co Dividend Safe?

Wenzhou Hongfeng Electrical Alloy Co has been increasing the dividend for 5 years.

Over the past 10 years, Wenzhou Hongfeng Electrical Alloy Co has increased it by an annual 3.871 %.

Over a five-year period, the distribution increased by 37.973%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

Wenzhou Hongfeng Electrical Alloy Co dividend payout ratio

In 2023, Wenzhou Hongfeng Electrical Alloy Co had a payout ratio of 29.29%. The payout ratio indicates the percentage of the company's profits that Wenzhou Hongfeng Electrical Alloy Co distributes as dividends.
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Wenzhou Hongfeng Electrical Alloy Co represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Wenzhou Hongfeng Electrical Alloy Co could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Wenzhou Hongfeng Electrical Alloy Co's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Wenzhou Hongfeng Electrical Alloy Co Payout Ratio History

DateWenzhou Hongfeng Electrical Alloy Co Payout ratio
202329.29 %
202257.14 %
202114.49 %
202016.25 %
201916.67 %
201810 %
201755 %
201611.11 %
2015500 %
20143.67 %
2013171 %
2012136.8 %
201129.29 %
201029.29 %
200929.29 %
200829.29 %

Dividend Details

Understanding Wenzhou Hongfeng Electrical Alloy Co's Dividend Distributions

Wenzhou Hongfeng Electrical Alloy Co’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Wenzhou Hongfeng Electrical Alloy Co's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Wenzhou Hongfeng Electrical Alloy Co's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Wenzhou Hongfeng Electrical Alloy Co’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Wenzhou Hongfeng Electrical Alloy Co Aktienanalyse

What does Wenzhou Hongfeng Electrical Alloy Co do?

Wenzhou Hongfeng Electrical Alloy Co Ltd is a Chinese company that was founded in 2003. The main area of its business model is the manufacturing of electrical alloys and related products. Since its inception, the company has become a major provider of electrical alloy materials and high-quality products in this field. The company's history began in 2003 when a group of enthusiasts from the Wenzhou region decided to start their own company. The idea was to produce electrical alloys that would meet the market's demand for high-quality and high-performance materials. To implement this plan, a factory was established in Wenzhou, Zhejiang Province. Wenzhou Hongfeng Electrical Alloy Co Ltd's business model is focused on the manufacturing of electrical alloy materials and related products. The company is one of the leading manufacturers of alloys in China, offering a wide range of products tailored to the needs of customers. The various sectors in which the company operates include nickel-chrome alloys, rebuilding alloys, resistance wire, and special alloys. All of these products are specially designed to provide high performance and durability. The company also offers customized solutions for customers with specific requirements. Nickel-chrome alloys are the main product of Wenzhou Hongfeng Electrical Alloy Co Ltd. These alloys are primarily used in heating applications. The company produces a wide range of alloys with different properties such as corrosion resistance, heat resistance, and electrical conductivity. These alloys are used in various heating systems, such as ovens, heating plates, and heat treatment facilities. Rebuilding alloys are mainly used in cutting tools and molding tools. These alloys are characterized by their high hardness, wear resistance, and corrosion resistance. They are used in the construction and manufacturing of cutting tools, molds, and stamping tools. Resistance wire is another key product of Wenzhou Hongfeng Electrical Alloy Co Ltd. It is a special type of wire that has high electrical resistance values. This wire is used in various electrical applications, such as heating elements, resistance brakes, and heating devices. Special alloys are materials that have been specifically developed for certain applications. They are used in the aerospace and automotive industries. These alloys are characterized by their high strength, corrosion resistance, and durability, offering excellent performance properties. In summary, Wenzhou Hongfeng Electrical Alloy Co Ltd is a leading provider of electrical alloy materials and products. The company offers a wide range of products and solutions, known for its high quality and performance. Through its innovative technologies and advanced production processes, the company has established itself as a major player in the alloy industry. Wenzhou Hongfeng Electrical Alloy Co is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Wenzhou Hongfeng Electrical Alloy Co stock

How much dividend does Wenzhou Hongfeng Electrical Alloy Co pay?

Over the past 12 months, Wenzhou Hongfeng Electrical Alloy Co paid a dividend of 0.03 CNY . This corresponds to a dividend yield of about 0.53 %. For the coming 12 months, Wenzhou Hongfeng Electrical Alloy Co is expected to pay a dividend of 0.03 CNY.

What is the dividend yield of Wenzhou Hongfeng Electrical Alloy Co?

The current dividend yield of Wenzhou Hongfeng Electrical Alloy Co is 0.53 %.

When does Wenzhou Hongfeng Electrical Alloy Co pay dividends?

Wenzhou Hongfeng Electrical Alloy Co pays a quarterly dividend. This is distributed in the months of August, July, July, July.

How secure is the dividend of Wenzhou Hongfeng Electrical Alloy Co?

Wenzhou Hongfeng Electrical Alloy Co paid dividends every year for the past 12 years.

What is the dividend of Wenzhou Hongfeng Electrical Alloy Co?

For the upcoming 12 months, dividends amounting to 0.03 CNY are expected. This corresponds to a dividend yield of 0.53 %.

In which sector is Wenzhou Hongfeng Electrical Alloy Co located?

Wenzhou Hongfeng Electrical Alloy Co is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Wenzhou Hongfeng Electrical Alloy Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Wenzhou Hongfeng Electrical Alloy Co from 6/18/2024 amounting to 0.02 CNY, you needed to have the stock in your portfolio before the ex-date on 6/18/2024.

When did Wenzhou Hongfeng Electrical Alloy Co pay the last dividend?

The last dividend was paid out on 6/18/2024.

What was the dividend of Wenzhou Hongfeng Electrical Alloy Co in the year 2023?

In the year 2023, Wenzhou Hongfeng Electrical Alloy Co distributed 0.04 CNY as dividends.

In which currency does Wenzhou Hongfeng Electrical Alloy Co pay out the dividend?

The dividends of Wenzhou Hongfeng Electrical Alloy Co are distributed in CNY.

Andere Kennzahlen von Wenzhou Hongfeng Electrical Alloy Co

Our stock analysis for Wenzhou Hongfeng Electrical Alloy Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Wenzhou Hongfeng Electrical Alloy Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.