Fujian Yongan Forestry(Group)Joint -Stock Co.,Ltd. provides various forest products in China. Its products include fir, pine, eucalyptus, hardwood, and other wood products; medium-density fiberboards; landscape tree, MDF, floor; formaldehyde adhesives; and seedlings. The company was founded in 1994 and is based in Yong'an, China.
Fujian Yongan ForestryJoint -Stock Dividend Announcement
• Fujian Yongan ForestryJoint -Stock announced a annually dividend of ¥0.05 per ordinary share which will be made payable on . Ex dividend date: 2008-07-11
• Fujian Yongan ForestryJoint -Stock's trailing twelve-month (TTM) dividend yield is -%
• Fujian Yongan ForestryJoint -Stock's payout ratio for the trailing twelve months (TTM) is 35.31%
Fujian Yongan ForestryJoint -Stock Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2008-07-11 | ¥0.05 | annually | |
| 2004-08-02 | ¥0.06 | annually | |
| 2001-07-05 | ¥0.20 | annually | |
| 1999-07-13 | ¥0.26 | annually |
Fujian Yongan ForestryJoint -Stock Dividend per year
Fujian Yongan ForestryJoint -Stock Dividend Yield
Fujian Yongan ForestryJoint -Stock current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Fujian Yongan ForestryJoint -Stock stock? Use our calculator to estimate your expected dividend yield:
Fujian Yongan ForestryJoint -Stock Financial Ratios
P/E ratio147.67
PEG ratio4.08
P/B ratio2.04
ROE1.36%
Payout ratio35.31%
Current ratio2.27
Quick ratio0.81
Cash Ratio0.50
Fujian Yongan ForestryJoint -Stock Dividend FAQ
Does Fujian Yongan ForestryJoint -Stock stock pay dividends?
Fujian Yongan ForestryJoint -Stock does not currently pay dividends to its shareholders.
Has Fujian Yongan ForestryJoint -Stock ever paid a dividend?
No, Fujian Yongan ForestryJoint -Stock has no a history of paying dividends to its shareholders. Fujian Yongan ForestryJoint -Stock is not known for its dividend payments.
Why doesn't Fujian Yongan ForestryJoint -Stock pay dividends?
There are several potential reasons why Fujian Yongan ForestryJoint -Stock 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 Fujian Yongan ForestryJoint -Stock 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 Yongan ForestryJoint -Stock 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 Yongan ForestryJoint -Stock a dividend aristocrat?
Fujian Yongan ForestryJoint -Stock 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 Yongan ForestryJoint -Stock a dividend king?
Fujian Yongan ForestryJoint -Stock 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 Yongan ForestryJoint -Stock a dividend stock?
No, Fujian Yongan ForestryJoint -Stock 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 Yongan ForestryJoint -Stock stocks?
To buy Fujian Yongan ForestryJoint -Stock 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 Yongan ForestryJoint -Stock 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 Fujian Yongan ForestryJoint -Stock 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.