CoCreation Grass Co., Ltd manufactures and sells artificial grass worldwide. It provides artificial turf for athletic and landscape purposes. It serves professional football clubs, government bodies, schools, and households. The company is headquartered in Nanjing, China.
CoCreation Grass Dividend Announcement
• CoCreation Grass announced a annually dividend of ¥0.54 per ordinary share which will be made payable on 2024-06-04. Ex dividend date: 2024-06-04
• CoCreation Grass annual dividend for 2024 was ¥0.54
• CoCreation Grass annual dividend for 2023 was ¥0.56
• CoCreation Grass 's trailing twelve-month (TTM) dividend yield is 2.74%
• CoCreation Grass 's payout ratio for the trailing twelve months (TTM) is 93.31%
CoCreation Grass Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-04 | ¥0.54 | annually | 2024-06-04 |
| 2023-06-06 | ¥0.56 | annually | |
| 2022-07-06 | ¥0.47 | annually | |
| 2021-05-25 | ¥0.50 | annually |
CoCreation Grass Dividend per year
CoCreation Grass Dividend growth
CoCreation Grass Dividend Yield
CoCreation Grass current trailing twelve-month (TTM) dividend yield is 2.74%. Interested in purchasing CoCreation Grass stock? Use our calculator to estimate your expected dividend yield:
CoCreation Grass Financial Ratios
P/E ratio16.41
PEG ratio0.26
P/B ratio2.93
ROE18.42%
Payout ratio93.31%
Current ratio5.19
Quick ratio3.93
Cash Ratio1.95
CoCreation Grass Dividend FAQ
Does CoCreation Grass stock pay dividends?
CoCreation Grass does not currently pay dividends to its shareholders.
Has CoCreation Grass ever paid a dividend?
No, CoCreation Grass has no a history of paying dividends to its shareholders. CoCreation Grass is not known for its dividend payments.
Why doesn't CoCreation Grass pay dividends?
There are several potential reasons why CoCreation Grass 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 CoCreation Grass 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 CoCreation Grass 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 CoCreation Grass a dividend aristocrat?
CoCreation Grass 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 CoCreation Grass a dividend king?
CoCreation Grass 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 CoCreation Grass a dividend stock?
No, CoCreation Grass 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 CoCreation Grass stocks?
To buy CoCreation Grass 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 CoCreation Grass 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 CoCreation Grass 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.