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Guangdong Wanlima Industry Co. ,Ltd engages in the designing, researching, production, manufacturing, and marketing of leather products in China. Its primary products are handbags, wallets, trolley cases, leather shoes, and belts, as well as accessories, such as glasses, scarves, key chains, etc. The company markets its products under the Wanlima, Saint Jack, and Coome brands. Guangdong Wanlima Industry Co. ,Ltd was founded in 1993 and is based in Guangzhou, China.

Guangdong Wanlima Industry Dividend Announcement

Guangdong Wanlima Industry announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2020-07-09. Ex dividend date: 2020-07-09
Guangdong Wanlima Industry 's trailing twelve-month (TTM) dividend yield is -%
Guangdong Wanlima Industry 's payout ratio for the trailing twelve months (TTM) is -5.24%

Guangdong Wanlima Industry Dividend History

Ex-Div dateDividend amountDividend typePay date
2020-07-09¥0.03annually2020-07-09
2017-06-30¥0.07annually2017-06-30

Guangdong Wanlima Industry Dividend per year

Guangdong Wanlima Industry Dividend Yield

Guangdong Wanlima Industry current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Guangdong Wanlima Industry stock? Use our calculator to estimate your expected dividend yield:

Guangdong Wanlima Industry Financial Ratios

P/E ratio-16.08
PEG ratio-0.32
P/B ratio5.41
ROE-30.72%
Payout ratio-5.24%
Current ratio1.34
Quick ratio1.05
Cash Ratio0.15

Guangdong Wanlima Industry Dividend FAQ

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