The latest announcement is out from Hon Hai Precision Industry ( (HNHPF) ).
Hon Hai Precision Industry’s subsidiary, Foxconn Industrial Internet Co., Ltd., has announced a cash dividend distribution of RMB 6.4 per 10 shares. Additionally, the company has decided to reallocate funds from a terminated high-performance computing data center project to a new R&D center for precision structural components for next-generation smartphones. This strategic shift aims to enhance R&D capabilities, attract top talent, and maintain industry leadership without impacting shareholder equity.
More about Hon Hai Precision Industry
Hon Hai Precision Industry Co., Ltd., also known as Foxconn, operates in the electronics manufacturing industry. It is renowned for its production of electronic components and devices, focusing on smart manufacturing and industrial internet solutions.
YTD Price Performance: -20.99%
Average Trading Volume: 72,440
Technical Sentiment Signal: Hold
Current Market Cap: $61.2B
For a thorough assessment of HNHPF stock, go to TipRanks’ Stock Analysis page.