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Global New Material International Holdings Limited, an investment holding company, engages in the production and sale of pearlescent pigment products in the People's Republic of China, Asia, Europe, Africa, and South America. The company offers natural mica-based, synthetic mica-based, glass flake-based, and silicon oxide-based pearlescent pigment products. It also produces and sells synthetic mica powder of various granule sizes as raw materials to produce functional fillers, insulating materials, refractory materials, and nickel-hydrogen batteries. The company sells its products under the Chesir Pearl brand name for manufacturers in various industries, such as automotive coatings, cosmetics, industrial coatings, plastics, printing, textile and leather, and ceramics, as well as trading company customers. Global New Material International Holdings Limited was founded in 2011 and is based in Liuzhou, the People's Republic of China.

Global New Material International Dividend Announcement

• Global New Material International announced a annually dividend of HK$0.04 per ordinary share which will be made payable on 2022-07-18. Ex dividend date: 2022-06-28
• Global New Material International's trailing twelve-month (TTM) dividend yield is -%
• Global New Material International's payout ratio for the trailing twelve months (TTM) is 0.04%

Global New Material International Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-06-28HK$0.04annually2022-07-18

Global New Material International Dividend per year

Global New Material International Dividend Yield

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

Global New Material International Financial Ratios

P/E ratio20.95
PEG ratio0.53
P/B ratio1.31
ROE6.36%
Payout ratio0.04%
Current ratio5.04
Quick ratio4.74
Cash Ratio4.05

Global New Material International Dividend FAQ

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