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Changchun Engley Automobile Industry Co.,Ltd. designs, develops, manufactures, and sells automotive parts. The company's products include metallic parts, such as cross car beams, bumps, thresholds, battery lower shells and other body stamping parts; and non-metallic products that comprise front end modules, underbody coves spare, tire warehouses, EV battery upper shell, battery trays and wheel guards, etc. It also produces automotive parts moulds; and after-sales services. The company was founded in 2006 and is based in Changchun, China.

Changchun Engley Automobile Industry Dividend Announcement

Changchun Engley Automobile Industry announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-06-11. Ex dividend date: 2024-06-11
Changchun Engley Automobile Industry annual dividend for 2024 was ¥0.02
Changchun Engley Automobile Industry's trailing twelve-month (TTM) dividend yield is 0.46%
Changchun Engley Automobile Industry's payout ratio for the trailing twelve months (TTM) is 68.23%

Changchun Engley Automobile Industry Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-11¥0.02annually2024-06-11
2022-06-17¥0.01annually2022-06-17

Changchun Engley Automobile Industry Dividend per year

Changchun Engley Automobile Industry Dividend Yield

Changchun Engley Automobile Industry current trailing twelve-month (TTM) dividend yield is 0.46%. Interested in purchasing Changchun Engley Automobile Industry stock? Use our calculator to estimate your expected dividend yield:

Changchun Engley Automobile Industry Financial Ratios

P/E ratio86.08
PEG ratio5.57
P/B ratio1.64
ROE1.91%
Payout ratio68.23%
Current ratio1.82
Quick ratio1.30
Cash Ratio0.63

Changchun Engley Automobile Industry Dividend FAQ

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