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Cedar Development Co., Ltd. engages in the manufacture and sale of garments in China. The company offers men's suits, coats, jackets, down jackets, Nike and cotton clothes, and sweaters; women's suits, coats, and windbreakers; and job uniforms. It also provides shirts, trousers, and tops, as well as dry cleaning and maintenance service for suits. The company was formerly known as Sinoer Men's Wear Co., Ltd. and changed its name to Cedar Development Co., Ltd. in August 2021. The company was founded in 1992 and is based in Zhucheng, China. Cedar Development Co., Ltd. is a subsidiary of Guangzhou Cedar Cultural Tourism Investment Co., Ltd.

Cedar Development Dividend Announcement

Cedar Development announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2019-06-25. Ex dividend date: 2019-06-25
Cedar Development's trailing twelve-month (TTM) dividend yield is -%
Cedar Development's payout ratio for the trailing twelve months (TTM) is -37.16%

Cedar Development Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-06-25¥0.02annually2019-06-25
2014-07-16¥0.04annually
2013-04-10¥0.20annually
2012-05-16¥0.50annually
2011-06-23¥0.50annually

Cedar Development Dividend per year

Cedar Development Dividend growth

Cedar Development Dividend Yield

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

Cedar Development Financial Ratios

P/E ratio-21.78
PEG ratio6.75
P/B ratio1.27
ROE-5.73%
Payout ratio-37.16%
Current ratio0.82
Quick ratio0.76
Cash Ratio0.42

Cedar Development Dividend FAQ

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