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Addentax Group Corp., together with its subsidiaries, operates as a logistic service provider in the People's Republic of China and the United States. It operates through four segments: Garment Manufacturing, Logistics Services, Property Management and Subleasing, and Epidemic Prevention Supplies. The company manufactures garments; and provides logistic services, such as storage, transportation, warehousing, handling, packaging, and order processing, as well as customs declaration and tax clearance services. It also manufactures, distributes, and trades in epidemic prevention supplies; and offers shop subleasing and property management services for garment wholesalers and retailers in the garment market. The company is based in Shenzhen, China.

Addentax Dividend Announcement

• Addentax does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Addentax dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Addentax Dividend History

Addentax Dividend Yield

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

Addentax Financial Ratios

P/E ratio-1.84
PEG ratio0.01
P/B ratio0.12
ROE-6.24%
Payout ratio0.00%
Current ratio6.74
Quick ratio6.45
Cash Ratio0.84

Addentax Dividend FAQ

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