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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 dateDividend amountDividend typePay date
2024-12-09¥0.07semi annually2024-12-09
2024-07-15¥0.20semi annually2024-07-15
2022-07-05¥0.24semi annually2022-07-05
2021-06-21¥0.20semi annually2021-06-21

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

P/E ratio21.13
PEG ratio-0.78
P/B ratio2.19
ROE10.46%
Payout ratio42.04%
Current ratio1.72
Quick ratio1.58
Cash Ratio0.15

Donglai Coating Technology Dividend FAQ

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