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Ganzhou Yihao New Materials Co., Ltd. engages in the research and development, manufacture, and sale of electrolytic copper foils and electronic components in China. The company offers copper foils for electronic circuits, aluminum-based copper-clad laminates, and circuit boards. Its products are primarily used as a conductor for connecting various electronic components in various fields, including communication electronics, computers, consumer electronics, automotive electronics, and others. Ganzhou Yihao New Materials Co., Ltd. was founded in 2003 and is based in Ganzhou, China.

Ganzhou Yihao New Materials Dividend Announcement

• Ganzhou Yihao New Materials announced a annually dividend of ¥0.11 per ordinary share which will be made payable on 2023-07-10. Ex dividend date: 2023-07-10
• Ganzhou Yihao New Materials's trailing twelve-month (TTM) dividend yield is -%
• Ganzhou Yihao New Materials's payout ratio for the trailing twelve months (TTM) is -75.38%

Ganzhou Yihao New Materials Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-07-10¥0.11annually2023-07-10

Ganzhou Yihao New Materials Dividend per year

Ganzhou Yihao New Materials Dividend Yield

Ganzhou Yihao New Materials current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Ganzhou Yihao New Materials stock? Use our calculator to estimate your expected dividend yield:

Ganzhou Yihao New Materials Financial Ratios

P/E ratio-100.28
PEG ratio-1.01
P/B ratio2.05
ROE-2.02%
Payout ratio-75.38%
Current ratio1.58
Quick ratio1.27
Cash Ratio0.46

Ganzhou Yihao New Materials Dividend FAQ

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