Guangdong Decro Film New Materials Co., Ltd. produces and sells advanced biaxially oriented films. It offers BOPP and BOPE films; and functional masterbatch products. The company was founded in 1999 and is based in Foshan, China.
GUANGDONG DECRO FI Dividend Announcement
• GUANGDONG DECRO FI announced a annually dividend of ¥0.45 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-29
• GUANGDONG DECRO FI annual dividend for 2024 was ¥0.45
• GUANGDONG DECRO FI's trailing twelve-month (TTM) dividend yield is 1.96%
• GUANGDONG DECRO FI's payout ratio for the trailing twelve months (TTM) is 73.30%
GUANGDONG DECRO FI Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-05-29 | ¥0.45 | annually | 2024-05-29 |
GUANGDONG DECRO FI Dividend per year
GUANGDONG DECRO FI Dividend Yield
GUANGDONG DECRO FI current trailing twelve-month (TTM) dividend yield is 1.96%. Interested in purchasing GUANGDONG DECRO FI stock? Use our calculator to estimate your expected dividend yield:
GUANGDONG DECRO FI Financial Ratios
P/E ratio32.98
PEG ratio0.33
P/B ratio1.61
ROE4.89%
Payout ratio73.30%
Current ratio2.77
Quick ratio2.36
Cash Ratio1.10
GUANGDONG DECRO FI Dividend FAQ
Does GUANGDONG DECRO FI stock pay dividends?
GUANGDONG DECRO FI does not currently pay dividends to its shareholders.
Has GUANGDONG DECRO FI ever paid a dividend?
No, GUANGDONG DECRO FI has no a history of paying dividends to its shareholders. GUANGDONG DECRO FI is not known for its dividend payments.
Why doesn't GUANGDONG DECRO FI pay dividends?
There are several potential reasons why GUANGDONG DECRO FI 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 GUANGDONG DECRO FI 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 GUANGDONG DECRO FI 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 GUANGDONG DECRO FI a dividend aristocrat?
GUANGDONG DECRO FI 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 GUANGDONG DECRO FI a dividend king?
GUANGDONG DECRO FI 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 GUANGDONG DECRO FI a dividend stock?
No, GUANGDONG DECRO FI 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 GUANGDONG DECRO FI stocks?
To buy GUANGDONG DECRO FI 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 GUANGDONG DECRO FI 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 GUANGDONG DECRO FI 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.