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Fujian Minfa Aluminium Co.,Ltd. processes and sells aluminum alloy extruded profiles for architecture, general engineering, and industry fields in the People's Republic of China. The company offers sliding, casement, and insulated windows and doors; railings and shutters; and curtainwall building profiles. It also provides industrial materials, including luggage, decorating, and stationery materials; opening, corner, and tabletop pipes; sliding pulleys, ladder materials, and fire hydrants; radiating fins; aluminum building formwork systems; aluminum panels and plates; and color cards. The company also exports its products to approximately 40 countries. Fujian Minfa Aluminium Co.,Ltd. was founded in 1993 and is based in Nanan, the People's Republic of China.

Fujian Minfa Aluminium Dividend Announcement

Fujian Minfa Aluminium announced a annually dividend of ¥0.04 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06
Fujian Minfa Aluminium annual dividend for 2024 was ¥0.04
Fujian Minfa Aluminium's trailing twelve-month (TTM) dividend yield is 1.24%
Fujian Minfa Aluminium's payout ratio for the trailing twelve months (TTM) is 147.89%

Fujian Minfa Aluminium Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-06¥0.04annually2024-06-06
2021-06-22¥0.03annually2021-06-22
2018-06-08¥0.02annually2018-06-08
2015-05-28¥0.20annually
2012-07-03¥0.25annually

Fujian Minfa Aluminium Dividend per year

Fujian Minfa Aluminium Dividend Yield

Fujian Minfa Aluminium current trailing twelve-month (TTM) dividend yield is 1.24%. Interested in purchasing Fujian Minfa Aluminium stock? Use our calculator to estimate your expected dividend yield:

Fujian Minfa Aluminium Financial Ratios

P/E ratio116.56
PEG ratio0.74
P/B ratio1.98
ROE1.70%
Payout ratio147.89%
Current ratio2.02
Quick ratio1.61
Cash Ratio0.48

Fujian Minfa Aluminium Dividend FAQ

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