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Chengdu Zhimingda Electronics Co., Ltd. develops embedded computer motherboards, and power supplies and related system equipment in China. It also offers customized solutions, products, and services based on customer needs. The company was formerly known as Chengdu Zhimingda Digital Equipment Co., Ltd. and changed its name to Chengdu Zhimingda Electronics Co., Ltd. in 2016. The company was founded in 2002 and is headquartered in Chengdu, China.

Chengdu Zhimingda Electronics Dividend Announcement

Chengdu Zhimingda Electronics announced a annually dividend of ¥0.14 per ordinary share which will be made payable on 2024-05-10. Ex dividend date: 2024-05-10
Chengdu Zhimingda Electronics annual dividend for 2024 was ¥0.14
Chengdu Zhimingda Electronics's trailing twelve-month (TTM) dividend yield is 0.53%
Chengdu Zhimingda Electronics's payout ratio for the trailing twelve months (TTM) is 75.04%

Chengdu Zhimingda Electronics Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-10¥0.14annually2024-05-10
2022-05-20¥0.25annually2022-05-20
2021-06-07¥0.16annually2021-06-07

Chengdu Zhimingda Electronics Dividend per year

Chengdu Zhimingda Electronics Dividend Yield

Chengdu Zhimingda Electronics current trailing twelve-month (TTM) dividend yield is 0.53%. Interested in purchasing Chengdu Zhimingda Electronics stock? Use our calculator to estimate your expected dividend yield:

Chengdu Zhimingda Electronics Financial Ratios

P/E ratio116.74
PEG ratio2.23
P/B ratio2.75
ROE2.36%
Payout ratio75.04%
Current ratio2.85
Quick ratio2.01
Cash Ratio0.04

Chengdu Zhimingda Electronics Dividend FAQ

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