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Asia Cassava Resources Holdings Limited, an investment holding company, procures, processes, warehouses, and sells dried cassava chips in Mainland China, Hong Kong, and Thailand. It operates through three segments: Procurement and Sale of Dried Cassava Chips; Property Investment; and Hotel And Serviced Apartment Operations. The company also invests in office spaces and industrial properties; holds trademarks; collects debts; operates services apartments; and provides shipping agency services. In addition, it engages in the operation of a hotel, restaurant, and ancillary entertainment facilities; and trading and tendering of dried cassava chips. The company was founded in 1984 and is headquartered in Tsim Sha Tsui East, Hong Kong. Asia Cassava Resources Holdings Limited is a subsidiary of Art Rich Management Limited.

Asia Cassava Resources Dividend Announcement

• Asia Cassava Resources announced a annually dividend of HK$0.06 per ordinary share which will be made payable on . Ex dividend date: 2015-09-21
• Asia Cassava Resources's trailing twelve-month (TTM) dividend yield is -%

Asia Cassava Resources Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-09-21HK$0.06annually
2014-10-07HK$0.05annually
2013-10-02HK$0.01annually
2012-08-30HK$0.01annually
2011-08-25HK$0.04annually
2010-12-02HK$0.02annually
2010-08-26HK$0.06annually
2010-01-05HK$0.02annually
2009-09-16HK$0.03annually

Asia Cassava Resources Dividend per year

Asia Cassava Resources Dividend growth

Asia Cassava Resources Dividend Yield

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

Asia Cassava Resources Financial Ratios

P/E ratio-0.57
PEG ratio-0.02
P/B ratio0.16
ROE-24.36%
Payout ratio0.00%
Current ratio1.46
Quick ratio0.49
Cash Ratio0.19

Asia Cassava Resources Dividend FAQ

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