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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-15 | ¥0.31 | annually | 2024-05-15 |
2020-07-14 | ¥0.05 | annually | 2020-07-14 |
2019-06-12 | ¥0.10 | annually | 2019-06-12 |
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
Hunan Yujing Machinery Dividend FAQ
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.
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