Chengdu JOUAV Automation Tech Co., Ltd. engages in the research, development, production, sale and service of industrial drone related products. It focuses on sales of electronic products, drones, aircraft, aviation equipment and spare parts. The company was founded by Bin Ren, Chen Wang and Peng Chen on April 8, 2010 and is headquartered in Chengdu, China.
Chengdu JOUAV Automation Tech Dividend Announcement
• Chengdu JOUAV Automation Tech announced a annually dividend of ¥0.22 per ordinary share which will be made payable on 2021-06-08. Ex dividend date: 2021-06-08
• Chengdu JOUAV Automation Tech's trailing twelve-month (TTM) dividend yield is -%
• Chengdu JOUAV Automation Tech's payout ratio for the trailing twelve months (TTM) is -6.35%
Chengdu JOUAV Automation Tech Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2021-06-08 | ¥0.22 | annually | 2021-06-08 |
Chengdu JOUAV Automation Tech Dividend per year
Chengdu JOUAV Automation Tech Dividend Yield
Chengdu JOUAV Automation Tech current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Chengdu JOUAV Automation Tech stock? Use our calculator to estimate your expected dividend yield:
Chengdu JOUAV Automation Tech Financial Ratios
P/E ratio-38.39
PEG ratio-0.38
P/B ratio6.19
ROE-15.58%
Payout ratio-6.35%
Current ratio1.33
Quick ratio0.81
Cash Ratio0.26
Chengdu JOUAV Automation Tech Dividend FAQ
Does Chengdu JOUAV Automation Tech stock pay dividends?
Chengdu JOUAV Automation Tech does not currently pay dividends to its shareholders.
Has Chengdu JOUAV Automation Tech ever paid a dividend?
No, Chengdu JOUAV Automation Tech has no a history of paying dividends to its shareholders. Chengdu JOUAV Automation Tech is not known for its dividend payments.
Why doesn't Chengdu JOUAV Automation Tech pay dividends?
There are several potential reasons why Chengdu JOUAV Automation Tech 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.
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 Chengdu JOUAV Automation Tech 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 Chengdu JOUAV Automation Tech 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 Chengdu JOUAV Automation Tech a dividend aristocrat?
Chengdu JOUAV Automation Tech 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 Chengdu JOUAV Automation Tech a dividend king?
Chengdu JOUAV Automation Tech 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 Chengdu JOUAV Automation Tech a dividend stock?
No, Chengdu JOUAV Automation Tech 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 Chengdu JOUAV Automation Tech stocks?
To buy Chengdu JOUAV Automation Tech 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 Chengdu JOUAV Automation Tech 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.
Place an order: Use the brokerage's trading platform to place an order to buy Chengdu JOUAV Automation Tech 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.