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China Daye Non-Ferrous Metals Mining Limited, an investment holding company, engages in the exploration, development, mining, and processing of mineral ores in China, Hong Kong, and the Republic of Mongolia. It explores for copper, gold, silver, iron, and molybdenum deposits. The company holds interests in the Tonglvshan and Tongshankou mines located in Daye City; Fengshan and Chimashan mines located in Yangxin County; and Sareke copper mine located in Wuqia County. It is also involved in the trading of metals, minerals, concentrates, and building materials; provision of research and development services; and smelting and processing of non-ferrous metals, and gold and silver products. The company is headquartered in Kowloon, Hong Kong. China Daye Non-Ferrous Metals Mining Limited is a subsidiary of China Times Development Limited.

China Daye Non-Ferrous Metals Mining Dividend Announcement

• China Daye Non-Ferrous Metals Mining announced a annually dividend of HK$0.12 per ordinary share which will be made payable on . Ex dividend date: 2018-05-23
• China Daye Non-Ferrous Metals Mining's trailing twelve-month (TTM) dividend yield is -%

China Daye Non-Ferrous Metals Mining Dividend History

Ex-Div dateDividend amountDividend typePay date
2018-05-23HK$0.12annually

China Daye Non-Ferrous Metals Mining Dividend per year

China Daye Non-Ferrous Metals Mining Dividend Yield

China Daye Non-Ferrous Metals Mining current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing China Daye Non-Ferrous Metals Mining stock? Use our calculator to estimate your expected dividend yield:

China Daye Non-Ferrous Metals Mining Financial Ratios

P/E ratio231.66
PEG ratio-8.98
P/B ratio0.28
ROE0.12%
Payout ratio0.00%
Current ratio1.18
Quick ratio0.19
Cash Ratio0.05

China Daye Non-Ferrous Metals Mining Dividend FAQ

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