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Cenntro Electric Group Limited designs and manufactures electric light and medium-duty commercial vehicles in Europe, North America, and Asia. It serves corporate and governmental organizations. The company was formerly known as Naked Brand Group Limited and changed its name to Cenntro Electric Group Limited in December 2021. The company was founded in 2013 and is headquartered in Freehold, New Jersey.

Cenntro Electric Dividend Announcement

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

Cenntro Electric Dividend History

Cenntro Electric Dividend Yield

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

Cenntro Electric Financial Ratios

P/E ratio-0.82
PEG ratio-0.01
P/B ratio0.38
ROE-40.47%
Payout ratio-0.12%
Current ratio2.96
Quick ratio1.16
Cash Ratio0.53

Cenntro Electric Dividend FAQ

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