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Changzhou Tiansheng New Materials Co., Ltd., together with its subsidiaries, engages in the research and development, production, and sales of polymer foam materials in China. The company offers structural foam materials primarily for use in wind power generation, railway transportation, yacht, aerospace, energy buildings conservation, and other industries; and soft foam materials, such as plastic and rubber material for use in various industries, including electronics, home appliances, automobiles, and sports and leisure industries. It also provides functional tape materials. The company is also involved in exporting activities. Changzhou Tiansheng New Materials Co., Ltd. was founded in 1998 and is based in Changzhou, China.

Changzhou Tiansheng New Materials Dividend Announcement

Changzhou Tiansheng New Materials announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2017-05-22. Ex dividend date: 2017-05-22
Changzhou Tiansheng New Materials's trailing twelve-month (TTM) dividend yield is -%
Changzhou Tiansheng New Materials's payout ratio for the trailing twelve months (TTM) is -24.13%

Changzhou Tiansheng New Materials Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-05-22¥0.02annually2017-05-22
2012-06-01¥0.50annually
2011-04-27¥0.50annually

Changzhou Tiansheng New Materials Dividend per year

Changzhou Tiansheng New Materials Dividend Yield

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

Changzhou Tiansheng New Materials Financial Ratios

P/E ratio-23.23
PEG ratio1.45
P/B ratio36.02
ROE-98.88%
Payout ratio-24.13%
Current ratio0.62
Quick ratio0.51
Cash Ratio0.05

Changzhou Tiansheng New Materials Dividend FAQ

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