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Baoding Technology Co., Ltd. engages in the research and development, manufacture, and sale of various forgings and castings in China. It offers casting and forging for ships, construction machinery, electric power, and offshore platforms, as well as for mining machinery, electric power engineering, technology, and hoisting machinery. The company's products are primarily used in shipbuilding, ocean-engineering, power station, petrochemical, engineering machinery, pressure vessels, military, and other industries. It also exports its products to Germany, France, Finland, Canada, Singapore, and internationally. The company was formerly known as Baoding Heavy Industry Co., Ltd. and changed its name to Baoding Technology Co., Ltd. in February 2016. Baoding Technology Co., Ltd. was founded in 1989 and is based in Hangzhou, China.

Baoding Technology Dividend Announcement

Baoding Technology announced a annually dividend of ¥0.14 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-10-31
Baoding Technology annual dividend for 2024 was ¥0.14
Baoding Technology's trailing twelve-month (TTM) dividend yield is 1.15%
Baoding Technology's payout ratio for the trailing twelve months (TTM) is 25.93%

Baoding Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-31¥0.14annually2024-10-31
2016-06-28¥0.01annually
2015-07-08¥0.02annually
2014-05-29¥0.05annually
2013-06-21¥0.10annually
2012-06-28¥0.20annually
2011-06-21¥0.20annually

Baoding Technology Dividend per year

Baoding Technology Dividend growth

Baoding Technology Dividend Yield

Baoding Technology current trailing twelve-month (TTM) dividend yield is 1.15%. Interested in purchasing Baoding Technology stock? Use our calculator to estimate your expected dividend yield:

Baoding Technology Financial Ratios

P/E ratio21.69
PEG ratio-5.69
P/B ratio3.11
ROE14.31%
Payout ratio25.93%
Current ratio1.05
Quick ratio0.78
Cash Ratio0.24

Baoding Technology Dividend FAQ

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