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Asia Grocery Distribution Limited, an investment holding company, trades in and distributes food and beverage groceries in Hong Kong. The company offers commodities and cereal products, such as rice, wheat flour, noodle products, edible oil, sugar, and salt; and packaged food products, including meat and vegetables in preserved, canned, frozen, and other forms, as well as snacks and pre-packaged food items. It also provides kitchen and hygiene products, including food wrap and food related products, such as cling film, baking sheet, and foil; cleaning products, comprising of detergent, bleach, and liquid soap; other products, consisting of tissue paper, toothpick, and towel; and hygiene products, such as face masks and gloves. In addition, the company offers sauces and condiments; dairy products and eggs; and beverages and wines. Further, the company offers product sourcing, repackaging, quality assurance, warehousing and storage, transportation, and other value-added services. Its customers include restaurants, non-commercial dining establishments, hotels and private clubs, food processing operators, and wholesalers. The company was founded in 1975 and is headquartered in Kowloon, Hong Kong. Asia Grocery Distribution Limited is a subsidiary of Sky Alpha Investments Limited.

Asia Grocery Distribution Dividend Announcement

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

Asia Grocery Distribution Dividend History

Asia Grocery Distribution Dividend Yield

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

Asia Grocery Distribution Financial Ratios

P/E ratio67.99
PEG ratio0.67
P/B ratio1.28
ROE1.91%
Payout ratio0.00%
Current ratio4.35
Quick ratio3.43
Cash Ratio1.77

Asia Grocery Distribution Dividend FAQ

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