Daodaoquan Grain and Oil Co.,Ltd. operates as an oil processing company in China. The company is involved in the research, production, trading, warehousing, and logistic of edible vegetable oils and related by-products. It offers press, flavor, pure, blend, gift, and catering oil series products. The company is headquartered in Yueyang, China.
Daodaoquan Grain and Oil Dividend Announcement
• Daodaoquan Grain and Oil announced a semi annually dividend of ¥0.09 per ordinary share which will be made payable on 2024-11-11. Ex dividend date: 2024-11-11 • Daodaoquan Grain and Oil annual dividend for 2024 was ¥0.16 • Daodaoquan Grain and Oil annual dividend for 2023 was ¥0.22 • Daodaoquan Grain and Oil's trailing twelve-month (TTM) dividend yield is 4.6% • Daodaoquan Grain and Oil's payout ratio for the trailing twelve months (TTM) is 7556.83%
Daodaoquan Grain and Oil current trailing twelve-month (TTM) dividend yield is 4.6%. Interested in purchasing Daodaoquan Grain and Oil stock? Use our calculator to estimate your expected dividend yield:
Daodaoquan Grain and Oil Financial Ratios
P/E ratio1459.95
PEG ratio9.94
P/B ratio1.39
ROE0.10%
Payout ratio7556.83%
Current ratio0.96
Quick ratio0.44
Cash Ratio0.26
Daodaoquan Grain and Oil Dividend FAQ
How much is the next Daodaoquan Grain and Oil dividend?
Daodaoquan Grain and Oil's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Daodaoquan Grain and Oil dividend. The next Daodaoquan Grain and Oil dividend will be released in November.
When is Daodaoquan Grain and Oil dividend paid?
Daodaoquan Grain and Oil pays dividends on a semi annually basis. The specific dates may vary each year but are generally around November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Daodaoquan Grain and Oil pay?
The specific amount of Daodaoquan Grain and Oil dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Daodaoquan Grain and Oil's dividend history.
Does Daodaoquan Grain and Oil stock pay dividends?
Yes, Daodaoquan Grain and Oil does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Daodaoquan Grain and Oil's dividend history.
How much dividend does Daodaoquan Grain and Oil pay?
Daodaoquan Grain and Oil paid ¥0.157 in 2024, ¥0.22 in 2023, ¥0.0 in 2022, ¥0.1 in 2021, and ¥0.1 in 2020.
How often does Daodaoquan Grain and Oil pay dividends?
Daodaoquan Grain and Oil typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around November.
What is Daodaoquan Grain and Oil's dividend yield?
The current dividend yield for Daodaoquan Grain and Oil is 4.6%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Daodaoquan Grain and Oil's exact dividend yield.
When does Daodaoquan Grain and Oil go ex dividend?
Daodaoquan Grain and Oil's ex-dividend date for the latest dividend was on 2024-11-11. Daodaoquan Grain and Oil typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Daodaoquan Grain and Oil dividend paid?
Daodaoquan Grain and Oil pays dividends on a semi annually basis, typically around November, but the exact dates can vary each year.
Will Daodaoquan Grain and Oil increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Daodaoquan Grain and Oil will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Daodaoquan Grain and Oil dividend per share?
Daodaoquan Grain and Oil paid ¥0.157 per share in 2024 and ¥0.22 per share in 2023. The amount of dividend per share that Daodaoquan Grain and Oil pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Daodaoquan Grain and Oil a dividend aristocrat?
No, 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 Daodaoquan Grain and Oil a dividend king?
No, 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 Daodaoquan Grain and Oil a dividend stock?
Yes, Daodaoquan Grain and Oil is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Daodaoquan Grain and Oil a good dividend stock?
Whether Daodaoquan Grain and Oil is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Daodaoquan Grain and Oil has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Daodaoquan Grain and Oil as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Daodaoquan Grain and Oil pay dividends monthly?
Daodaoquan Grain and Oil typically pays dividends on a semi annually basis.
Does Daodaoquan Grain and Oil pay dividends quarterly?
Daodaoquan Grain and Oil currently pays dividends on a semi annually basis.
Has Daodaoquan Grain and Oil ever paid a dividend?
Yes, Daodaoquan Grain and Oil has a history of paying dividends to its shareholders. Daodaoquan Grain and Oil is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Daodaoquan Grain and Oil dividend stocks?
To buy Daodaoquan Grain and Oil 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Daodaoquan Grain and Oil 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.
When does Daodaoquan Grain and Oil pay dividends 2024?
Daodaoquan Grain and Oil pays dividends on a semi annually basis. 2024 dividend payments are in 2024-11-11. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Daodaoquan Grain and Oil increase its dividend in 2024?
Decisions regarding Daodaoquan Grain and Oil dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Daodaoquan Grain and Oil dividend overview you can look into the above table of dividend history.
How Daodaoquan Grain and Oil dividend works?
The Daodaoquan Grain and Oil dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Daodaoquan Grain and Oil's dividend process works:
1. Determination of Dividend: Daodaoquan Grain and Oil's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Daodaoquan Grain and Oil publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Daodaoquan Grain and Oil distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Daodaoquan Grain and Oil are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Daodaoquan Grain and Oil dividends paid?
Daodaoquan Grain and Oil dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Daodaoquan Grain and Oil sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Daodaoquan Grain and Oil distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Daodaoquan Grain and Oil declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Daodaoquan Grain and Oil pay dividends?
Daodaoquan Grain and Oil typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Daodaoquan Grain and Oil pay dividends?
The general pattern is that Daodaoquan Grain and Oil pays dividends around November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Daodaoquan Grain and Oil dividend safe?
The safety of Daodaoquan Grain and Oil's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Daodaoquan Grain and Oil's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Daodaoquan Grain and Oil's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.