Dongrui Food Group Co., Ltd. operates a pig breeding farm. It offers breeding and export pigs, as well as feed. The company was founded in 2002 and is headquartered in Heyuan, China.
Dongrui Food Dividend Announcement
• Dongrui Food announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2022-06-02. Ex dividend date: 2022-06-02
• Dongrui Food's trailing twelve-month (TTM) dividend yield is -%
• Dongrui Food's payout ratio for the trailing twelve months (TTM) is -40.53%
Dongrui Food Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2022-06-02 | ¥0.20 | annually | 2022-06-02 |
| 2021-06-25 | ¥1.00 | annually | 2021-06-25 |
Dongrui Food Dividend per year
Dongrui Food Dividend Yield
Dongrui Food current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Dongrui Food stock? Use our calculator to estimate your expected dividend yield:
Dongrui Food Financial Ratios
P/E ratio-23.99
PEG ratio0.21
P/B ratio1.26
ROE-5.21%
Payout ratio-40.53%
Current ratio0.91
Quick ratio0.51
Cash Ratio0.46
Dongrui Food Dividend FAQ
Does Dongrui Food stock pay dividends?
Dongrui Food does not currently pay dividends to its shareholders.
Has Dongrui Food ever paid a dividend?
No, Dongrui Food has no a history of paying dividends to its shareholders. Dongrui Food is not known for its dividend payments.
Why doesn't Dongrui Food pay dividends?
There are several potential reasons why Dongrui Food 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 Dongrui Food 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 Dongrui Food 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 Dongrui Food a dividend aristocrat?
Dongrui Food 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 Dongrui Food a dividend king?
Dongrui Food 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 Dongrui Food a dividend stock?
No, Dongrui Food 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 Dongrui Food stocks?
To buy Dongrui Food 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 Dongrui Food 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 Dongrui Food 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.