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Hunan Yujing Machinery Co., Ltd engages in research and development, design, production, and sale of processing machine tools in China. The company offers multi wire cutting machines, single and double grinding and polishing machines, coating machines, special shaped polishing machines, and precision molding CNC machine tools. It serves consumer electronics, new energy automobile, semiconductor, and PV industries. The company was founded in 1998 and is based in Yiyang, China.

Hunan Yujing Machinery Dividend Announcement

Hunan Yujing Machinery announced a annually dividend of ¥0.31 per ordinary share which will be made payable on 2024-05-15. Ex dividend date: 2024-05-15
Hunan Yujing Machinery annual dividend for 2024 was ¥0.31
Hunan Yujing Machinery's trailing twelve-month (TTM) dividend yield is 1.53%
Hunan Yujing Machinery's payout ratio for the trailing twelve months (TTM) is 149.66%

Hunan Yujing Machinery Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-15¥0.31annually2024-05-15
2020-07-14¥0.05annually2020-07-14
2019-06-12¥0.10annually2019-06-12

Hunan Yujing Machinery Dividend per year

Hunan Yujing Machinery Dividend Yield

Hunan Yujing Machinery current trailing twelve-month (TTM) dividend yield is 1.53%. Interested in purchasing Hunan Yujing Machinery stock? Use our calculator to estimate your expected dividend yield:

Hunan Yujing Machinery Financial Ratios

P/E ratio79.02
PEG ratio0.79
P/B ratio3.25
ROE4.00%
Payout ratio149.66%
Current ratio1.60
Quick ratio1.15
Cash Ratio0.16

Hunan Yujing Machinery Dividend FAQ

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