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Anhui Jinchun Nonwoven Co., Ltd. produces and sell nonwoven products. It offers spunlace nonwovens for use in sanitary, decoration, and industrial materials; hot air nonwovens for use in civil cleaning; silk microfiber nonwovens for use in civil cleaning, decoration, and industrial materials; and meltblown nonwovens for use in sanitary materials, industrial materials, and other fields. The company was founded in 2011 and is based in Chuzhou, China.

AnHui Jinchun Nonwoven Dividend Announcement

AnHui Jinchun Nonwoven announced a annually dividend of ¥0.09 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-30
AnHui Jinchun Nonwoven annual dividend for 2024 was ¥0.09
AnHui Jinchun Nonwoven's trailing twelve-month (TTM) dividend yield is 0.58%
AnHui Jinchun Nonwoven's payout ratio for the trailing twelve months (TTM) is 61.37%

AnHui Jinchun Nonwoven Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-30¥0.09annually2024-05-30
2022-05-30¥0.17annually2022-05-30
2021-04-29¥0.70annually2021-04-29

AnHui Jinchun Nonwoven Dividend per year

AnHui Jinchun Nonwoven Dividend Yield

AnHui Jinchun Nonwoven current trailing twelve-month (TTM) dividend yield is 0.58%. Interested in purchasing AnHui Jinchun Nonwoven stock? Use our calculator to estimate your expected dividend yield:

AnHui Jinchun Nonwoven Financial Ratios

P/E ratio70.27
PEG ratio-5.24
P/B ratio1.13
ROE1.60%
Payout ratio61.37%
Current ratio4.70
Quick ratio4.36
Cash Ratio0.94

AnHui Jinchun Nonwoven Dividend FAQ

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