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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-11 | ¥0.82 | annually | 2024-06-11 |
2023-06-07 | ¥0.71 | annually | 2023-06-07 |
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
Chuzhou Duoli Automotive Technology Dividend FAQ
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.
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