Anhui Anfu Battery Technology Co., Ltd. engages in the manufacture and sale of batteries primarily in China. The company was formerly known as Anhui Andeli Department Store Co., Ltd. and changed its name to Anhui Anfu Battery Technology Co., Ltd. in May 2022. The company was founded in 1984 and is headquartered in Hefei, China.
Anhui Anfu Battery Technology Dividend Announcement
• Anhui Anfu Battery Technology announced a annually dividend of ¥0.65 per ordinary share which will be made payable on 2024-04-19. Ex dividend date: 2024-04-19
• Anhui Anfu Battery Technology annual dividend for 2024 was ¥0.65
• Anhui Anfu Battery Technology's trailing twelve-month (TTM) dividend yield is 1.5%
• Anhui Anfu Battery Technology's payout ratio for the trailing twelve months (TTM) is 92.14%
Anhui Anfu Battery Technology Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-04-19 | ¥0.65 | annually | 2024-04-19 |
| 2018-06-07 | ¥0.15 | annually | 2018-06-07 |
| 2017-07-10 | ¥0.17 | annually | 2017-07-10 |
Anhui Anfu Battery Technology Dividend per year
Anhui Anfu Battery Technology Dividend Yield
Anhui Anfu Battery Technology current trailing twelve-month (TTM) dividend yield is 1.5%. Interested in purchasing Anhui Anfu Battery Technology stock? Use our calculator to estimate your expected dividend yield:
Anhui Anfu Battery Technology Financial Ratios
P/E ratio38.27
PEG ratio-1.48
P/B ratio3.43
ROE9.00%
Payout ratio92.14%
Current ratio0.85
Quick ratio0.74
Cash Ratio0.48
Anhui Anfu Battery Technology Dividend FAQ
Does Anhui Anfu Battery Technology stock pay dividends?
Anhui Anfu Battery Technology does not currently pay dividends to its shareholders.
Has Anhui Anfu Battery Technology ever paid a dividend?
No, Anhui Anfu Battery Technology has no a history of paying dividends to its shareholders. Anhui Anfu Battery Technology is not known for its dividend payments.
Why doesn't Anhui Anfu Battery Technology pay dividends?
There are several potential reasons why Anhui Anfu Battery 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.
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 Anhui Anfu Battery 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 Anhui Anfu Battery 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 Anhui Anfu Battery Technology a dividend aristocrat?
Anhui Anfu Battery 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 Anhui Anfu Battery Technology a dividend king?
Anhui Anfu Battery 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 Anhui Anfu Battery Technology a dividend stock?
No, Anhui Anfu Battery 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 Anhui Anfu Battery Technology stocks?
To buy Anhui Anfu Battery 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 Anhui Anfu Battery 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.
Place an order: Use the brokerage's trading platform to place an order to buy Anhui Anfu Battery 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.