Donglai Coating Technology (Shanghai) Co., Ltd. engages in the provision of car painting and electronics coting services. It specializes in coating products based on petrochemical new materials research and development. Its products include automotive refinishing coating, car interior and exterior parts coating, and 3C (computer, communications, and consumer electronics)application coating. The company was founded on April 20, 2005 and is headquartered in Shanghai, China.
Donglai Coating Technology Dividend Announcement
• Donglai Coating Technology announced a semi annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-12-09. Ex dividend date: 2024-12-09
• Donglai Coating Technology annual dividend for 2024 was ¥0.28
• Donglai Coating Technology's trailing twelve-month (TTM) dividend yield is 1.69%
• Donglai Coating Technology's payout ratio for the trailing twelve months (TTM) is 42.04%
Donglai Coating Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-09 | ¥0.07 | semi annually | 2024-12-09 |
2024-07-15 | ¥0.20 | semi annually | 2024-07-15 |
2022-07-05 | ¥0.24 | semi annually | 2022-07-05 |
2021-06-21 | ¥0.20 | semi annually | 2021-06-21 |
Donglai Coating Technology Dividend per year
Donglai Coating Technology Dividend Yield
Donglai Coating Technology current trailing twelve-month (TTM) dividend yield is 1.69%. Interested in purchasing Donglai Coating Technology stock? Use our calculator to estimate your expected dividend yield:
Donglai Coating Technology Financial Ratios
Donglai Coating 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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