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Chuzhou Duoli Automotive Technology Co., Ltd. engages in the development, production, and sale of automotive stamping parts and stamping dies in China. The company provides automotive stamping parts comprising anterior longitudinal beams, water tanks, back vertical beams, sunroof frames, wheel covers, door and window frames, top cover beams, inner panels, B-pillar products, and mudguard boards. It also offers automotive stamping die products, such as single punch, multitasking bit model, and progressive molds. The company was founded in 2010 and is based in Chuzhou, China.

Chuzhou Duoli Automotive Technology Dividend Announcement

Chuzhou Duoli Automotive Technology announced a annually dividend of ¥0.82 per ordinary share which will be made payable on 2024-06-11. Ex dividend date: 2024-06-11
Chuzhou Duoli Automotive Technology annual dividend for 2024 was ¥0.82
Chuzhou Duoli Automotive Technology annual dividend for 2023 was ¥0.71
Chuzhou Duoli Automotive Technology's trailing twelve-month (TTM) dividend yield is 3.01%
Chuzhou Duoli Automotive Technology's payout ratio for the trailing twelve months (TTM) is 35.52%

Chuzhou Duoli Automotive Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-11¥0.82annually2024-06-11
2023-06-07¥0.71annually2023-06-07

Chuzhou Duoli Automotive Technology Dividend per year

Chuzhou Duoli Automotive Technology Dividend Yield

Chuzhou Duoli Automotive Technology current trailing twelve-month (TTM) dividend yield is 3.01%. Interested in purchasing Chuzhou Duoli Automotive Technology stock? Use our calculator to estimate your expected dividend yield:

Chuzhou Duoli Automotive Technology Financial Ratios

P/E ratio14.30
PEG ratio-2.92
P/B ratio1.44
ROE10.31%
Payout ratio35.52%
Current ratio2.86
Quick ratio2.06
Cash Ratio0.72

Chuzhou Duoli Automotive Technology Dividend FAQ

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