GuangDong SongYang Recycle Resources CO.,LTD engages in the research and development, production, and sale of recycled paper products in China. The company was incorporated in 2008 and is headquartered in Shantou, China.
GuangDong SongYang Recycle Resources Dividend Announcement
• GuangDong SongYang Recycle Resources announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2020-10-30. Ex dividend date: 2020-10-30
• GuangDong SongYang Recycle Resources's trailing twelve-month (TTM) dividend yield is -%
• GuangDong SongYang Recycle Resources's payout ratio for the trailing twelve months (TTM) is -20.12%
GuangDong SongYang Recycle Resources Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2020-10-30 | ¥0.10 | annually | 2020-10-30 |
GuangDong SongYang Recycle Resources Dividend per year
GuangDong SongYang Recycle Resources Dividend Yield
GuangDong SongYang Recycle Resources current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing GuangDong SongYang Recycle Resources stock? Use our calculator to estimate your expected dividend yield:
GuangDong SongYang Recycle Resources Financial Ratios
P/E ratio-30.31
PEG ratio-13.24
P/B ratio7.87
ROE-28.89%
Payout ratio-20.12%
Current ratio0.29
Quick ratio0.15
Cash Ratio0.07
GuangDong SongYang Recycle Resources Dividend FAQ
Does GuangDong SongYang Recycle Resources stock pay dividends?
GuangDong SongYang Recycle Resources does not currently pay dividends to its shareholders.
Has GuangDong SongYang Recycle Resources ever paid a dividend?
No, GuangDong SongYang Recycle Resources has no a history of paying dividends to its shareholders. GuangDong SongYang Recycle Resources is not known for its dividend payments.
Why doesn't GuangDong SongYang Recycle Resources pay dividends?
There are several potential reasons why GuangDong SongYang Recycle Resources 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 SongYang Recycle Resources 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 SongYang Recycle Resources 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 SongYang Recycle Resources a dividend aristocrat?
GuangDong SongYang Recycle Resources 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 SongYang Recycle Resources a dividend king?
GuangDong SongYang Recycle Resources 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 SongYang Recycle Resources a dividend stock?
No, GuangDong SongYang Recycle Resources 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 SongYang Recycle Resources stocks?
To buy GuangDong SongYang Recycle Resources 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 SongYang Recycle Resources 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 SongYang Recycle Resources 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.