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Anhui Xinke New Materials Co.,Ltd engages in the research and development, production, and sales of copper alloy strip products in China. The company's products include brass, iron-copper, bronze, and copper-nickel alloy bare strips and their reflow tinned strips, hot-dip tinned strips, etc., as well as frame materials, zinc white copper strips, and tin phosphor bronze belts. It also offers plastic power, cross-linked power, radiation cross-linked low-smoke halogen-free flame-retardant power, fire-resistant flame-retardant, plastic control, overhead, bare, cloth, communication, data, computer, radiation cross-linked special, shielded, UL electronic, power, and ROHS environmental protection power cables, as well as automobile connecting wires. In addition, the company is also involved in the recycling of waste materials; and non-ferrous metal smelting, rolling, and processing. Its products are used in automotive terminal connectors, precision connectors, high-end electronic components, large-scale integrated circuits, communication equipment and 5G, smart terminals, and other industries. The company was formerly known as Kingswood Enterprise Co., Ltd. in August 2017. Anhui Xinke New Materials Co.,Ltd was founded in 1998 and is based in Wuhu, China.

Anhui Xinke New Materials Dividend Announcement

• Anhui Xinke New Materials announced a annually dividend of ¥0.00 per ordinary share which will be made payable on 2018-07-25. Ex dividend date: 2018-07-25
• Anhui Xinke New Materials's trailing twelve-month (TTM) dividend yield is -%
• Anhui Xinke New Materials's payout ratio for the trailing twelve months (TTM) is 204.40%

Anhui Xinke New Materials Dividend History

Ex-Div dateDividend amountDividend typePay date
2018-07-25¥0.00annually2018-07-25
2016-07-20¥0.02annually
2012-06-04¥0.03annually
2011-06-07¥0.05annually
2010-05-21¥0.05annually
2009-05-15¥0.05annually
2008-05-08¥0.10annually
2007-04-09¥0.10annually
2006-05-24¥0.05annually
2005-07-11¥0.05annually
2004-07-22¥0.10annually
2002-07-25¥0.10annually

Anhui Xinke New Materials Dividend per year

Anhui Xinke New Materials Dividend growth

Anhui Xinke New Materials Dividend Yield

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

Anhui Xinke New Materials Financial Ratios

P/E ratio300.70
PEG ratio12.67
P/B ratio2.91
ROE0.98%
Payout ratio204.40%
Current ratio1.01
Quick ratio0.72
Cash Ratio0.39

Anhui Xinke New Materials Dividend FAQ

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