Elite Color Environmental Resources Science & Technology Co., Ltd. manufactures and produces dope-dyed recycled polyester staple fibers in China. It offers products for use in engineering, carpets, automotive interiors, clothing, and other fields; clothing home textiles, furniture, automotive interiors, medical hygiene, and other fields; clothing decorative linings, labels, and accessories, such as laces, bras, shoulder pads etc.; automotive field, which include seat covers, sun visors, door upholstery, upholstery and covering materials for roofs and luggage compartments, thermal and sound insulation materials, carburetors, and air filters, as well as base fabrics for tufted carpets, sofa upholstery materials, etc.; and geotechnical engineering. The company is based in Jiangyin, China.
Elite Color Environmental Resources Science & Technology Dividend Announcement
• Elite Color Environmental Resources Science & Technology announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-06-13. Ex dividend date: 2024-06-13
• Elite Color Environmental Resources Science & Technology annual dividend for 2024 was ¥0.05
• Elite Color Environmental Resources Science & Technology annual dividend for 2023 was ¥0.15
• Elite Color Environmental Resources Science & Technology's trailing twelve-month (TTM) dividend yield is 0.77%
• Elite Color Environmental Resources Science & Technology's payout ratio for the trailing twelve months (TTM) is 54.34%
Elite Color Environmental Resources Science & Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-13 | ¥0.05 | annually | 2024-06-13 |
2023-10-09 | ¥0.15 | annually | 2023-10-09 |
2021-10-28 | ¥0.10 | annually | 2021-10-28 |
Elite Color Environmental Resources Science & Technology Dividend per year
Elite Color Environmental Resources Science & Technology Dividend Yield
Elite Color Environmental Resources Science & Technology current trailing twelve-month (TTM) dividend yield is 0.77%. Interested in purchasing Elite Color Environmental Resources Science & Technology stock? Use our calculator to estimate your expected dividend yield:
Elite Color Environmental Resources Science & Technology Financial Ratios
Elite Color Environmental Resources Science & 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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