Impro Precision Industries stock dividend – IMPRO PRECISION INDUSTRIES LTD Announces 0.08 Cash Dividend!
March 19, 2023
Dividends Yield
IMPRO PRECISION INDUSTRIES ($SEHK:01286) LTD has just announced that its shareholders will receive a 0.08 cash dividend on March 10 2023. This is a significant increase from previous years, where IMPRO PRECISION INDUSTRIES has paid out 0.1, 0.05, and 0.06 HKD per share in the last three years, yielding an average of 2.95%. For investors seeking dividend stocks, IMPRO PRECISION INDUSTRIES may be a viable option, with the ex-dividend date taking place on March 22 2023. This could be an ideal opportunity to gain a higher dividend than usual, and could be a wise investment choice.
The company has performed consistently over the years, and with the current dividend payout, it is likely to remain an attractive option for long-term investors. It will provide a steady source of income and could be a shrewd investment option in the long run.
Price History
The stock opened at HK$3.0 and closed at the same price at the end of the day, down 3.3% from its prior closing price of HK$3.1. The company’s share value has been volatile in the past few weeks, which may have caused a dip in the stock price. Despite this, the company’s management team remains committed to rewarding its shareholders with dividends. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Impro Precision Industries. More…
| Total Revenues | Net Income | Net Margin |
| 4.15k | 475.49 | 13.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Impro Precision Industries. More…
| Operations | Investing | Financing |
| 556.39 | -893.84 | 726.02 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Impro Precision Industries. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.36k | 3.01k | 2.31 |
Key Ratios Snapshot
Some of the financial key ratios for Impro Precision Industries are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.0% | -4.5% | 14.5% |
| FCF Margin | ROE | ROA |
| -6.9% | 8.7% | 5.1% |
Analysis
At GoodWhale, we conducted an analysis of IMPRO PRECISION INDUSTRIES’ wellbeing. After a thorough assessment, our Risk Rating concluded that IMPRO PRECISION INDUSTRIES is a medium risk investment in terms of financial and business aspects. We detected two risk warnings, one in the income sheet and the other in the cashflow statement. If you wish to learn more about these findings, register with us to get a closer look. We are always here to help you make confident decisions when it comes to your investments. More…
Peers
Competition in the precision engineering industry is fierce, with many established players vying for market share. Impro Precision Industries Ltd faces a challenge from a number of competitors, including Manitou BF SA, Harmonic Drive Systems Inc, and Comelf SA. As these companies battle for customers and market share, each is looking to differentiate itself through the quality of its products and services.
– Manitou BF SA ($BER:3MU)
Manitou BF SA is a French-based company that specializes in the manufacturing and distribution of construction and industrial equipment. The company has a market capitalization of 845.76M as of 2023, indicating that its shares are highly valued in the market. Additionally, Manitou BF SA has a Return on Equity of 7.65%, which is indicative of the company’s success in creating wealth for its shareholders. The company continues to grow and expand its operations, making it a valuable asset to investors.
– Harmonic Drive Systems Inc ($TSE:6324)
Harmonic Drive Systems Inc. is a global leader in the design and manufacture of precision motion control technology. Founded in 1972, the company has developed an impressive portfolio of products and services, including harmonic drives, actuators, and gearheads. As of 2023, Harmonic Drive Systems Inc. has a market cap of 397.37B, reflecting its long-term stability and success in the industry. The company also boasts an impressive 6.4% Return on Equity (ROE), which measures how well management is using its resources to generate profits for shareholders. This demonstrates that Harmonic Drive Systems Inc. is not only a reliable provider of motion control technology, but also a profitable investment for shareholders.
– Comelf SA ($LTS:0KXW)
Comelf SA is a technology-focused global enterprise headquartered in Switzerland. They specialize in providing innovative solutions for the digital and physical world, including analytics, cloud, and artificial intelligence solutions for businesses. The company’s market cap of 42.71M as of 2023 reflects their successful growth over the years and their strong financial performance. In addition, their Return on Equity is 4.11%, which is higher than the industry average, indicating that their share prices have gained value over the past year due to their financial performance. These statistics indicate that Comelf SA is performing well and investors should consider investing in this company.
Summary
IMPRO PRECISION INDUSTRIES is an attractive investment opportunity due to its consistent dividend yield. Over the last three years, the company has paid out dividends of 0.1, 0.05, and 0.06 Hong Kong Dollar per share, respectively, resulting in an average yield of 2.95%. This gives investors a steady stream of income, as well as provides a reliable return on their investments. The company’s financials are healthy, with profits steadily increasing and its balance sheet remaining strong.
In addition, its share price is relatively stable and has been trending upwards in recent years. Investors may consider IMPRO PRECISION INDUSTRIES when searching for a safe and potentially profitable long-term investment.
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