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Dalian My Gym Education Technology Co.,Ltd. provides education services to high school students, junior high school students, and senior elementary school students. The company offers early education services; scientific, systematic, and targeted training courses; professional examination training and application services; and SAT, SSAT, TOEFL, and ACT training courses, as well as joyous classes, music classes, art classes, and other courses. It also provides motor skills, cognitive skills, language skills, and early social skills. The company was formerly known as Dalian Sunlight Machinery Co.,Ltd. and changed its name to Dalian My Gym Education Technology Co., Ltd. In April 2019. The company was founded in 1983 and is based in Beijing, China.

Dalian My Gym Education Technology Dividend Announcement

Dalian My Gym Education Technology announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2019-06-14. Ex dividend date: 2019-06-14
Dalian My Gym Education Technology's trailing twelve-month (TTM) dividend yield is -%
Dalian My Gym Education Technology's payout ratio for the trailing twelve months (TTM) is -1.73%

Dalian My Gym Education Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-06-14¥0.02annually2019-06-14
2016-05-24¥0.06annually
2015-05-19¥0.06annually
2014-05-19¥0.04annually
2013-04-16¥0.05annually
2012-04-05¥0.10annually

Dalian My Gym Education Technology Dividend per year

Dalian My Gym Education Technology Dividend growth

Dalian My Gym Education Technology Dividend Yield

Dalian My Gym Education Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Dalian My Gym Education Technology stock? Use our calculator to estimate your expected dividend yield:

Dalian My Gym Education Technology Financial Ratios

P/E ratio-0.30
PEG ratio-0.05
P/B ratio-0.58
ROE2057.04%
Payout ratio-1.73%
Current ratio0.94
Quick ratio0.93
Cash Ratio0.15

Dalian My Gym Education Technology Dividend FAQ

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