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Guoquan Food (Shanghai) Co., Ltd. engages in the provision of home meal solution products under the Guoquan Shihui brand. It offers ready-to-eat, ready-to-heat, ready-to-cook and prepared ingredients, with a focus on at-home hotpot and barbecue products. The company's products portfolio comprises eight categories including hotpot products, barbecue products, beverages, solo-dining meals, ready-to-cook meal kits, fresh produce, western cuisines and snacks. It offers shrimp noodles, fresh vegetable, bamboo shoots, lobster balls, fennel fritters, hot pot, pee beef balls, duck intestines, chicken roll, pot ring white melaleuca, snowflake cow fat and other related packed food products. Guoquan Food (Shanghai) was founded by Ming Chao Yang and Xian Jin Meng on July 11, 2019 and is headquartered in Shanghai, China.

Guoquan Food Co Dividend Announcement

Guoquan Food Co announced a annually dividend of HK$0.06 per ordinary share which will be made payable on 2024-08-29. Ex dividend date: 2024-07-02
Guoquan Food Co annual dividend for 2024 was HK$0.06
Guoquan Food Co's trailing twelve-month (TTM) dividend yield is 3.13%

Guoquan Food Co Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-02HK$0.06annually2024-08-29

Guoquan Food Co Dividend per year

Guoquan Food Co Dividend Yield

Guoquan Food Co current trailing twelve-month (TTM) dividend yield is 3.13%. Interested in purchasing Guoquan Food Co stock? Use our calculator to estimate your expected dividend yield:

Guoquan Food Co Financial Ratios

P/E ratio20.46
PEG ratio0.22
P/B ratio1.50
ROE8.18%
Payout ratio0.00%
Current ratio2.46
Quick ratio1.85
Cash Ratio1.21

Guoquan Food Co Dividend FAQ

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