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Inner Mongolia OJing Science & Technology Co., Ltd. engages in the research, development, manufacture, and sale of arc quartz crucibles and quartz parts for Czochralski monocrystalline silicon in China. Its products portfolio includes quartz repeater, quartz sheath, quartz electrode, quartz ring, quartz liquid level measuring pin products, etc. The company is also involved in the cleaning of silicon materials; and online recycling and processing of silicon wafer cutting fluids, and solar and semiconductor grade silicon materials, as well as provision of cutting fluid treatment services. Its products are used in the photovoltaic and semiconductor industries. The company was founded in 2011 and is based in Hohhot, China.

Inner Mongolia OJing Science & Technology Dividend Announcement

• Inner Mongolia OJing Science & Technology announced a annually dividend of ¥1.20 per ordinary share which will be made payable on 2024-06-17. Ex dividend date: 2024-06-17
• Inner Mongolia OJing Science & Technology annual dividend for 2024 was ¥1.20
• Inner Mongolia OJing Science & Technology annual dividend for 2023 was ¥0.70
• Inner Mongolia OJing Science & Technology's trailing twelve-month (TTM) dividend yield is 4.24%
• Inner Mongolia OJing Science & Technology's payout ratio for the trailing twelve months (TTM) is -149.06%

Inner Mongolia OJing Science & Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-17¥1.20annually2024-06-17
2023-06-12¥0.70annually2023-06-12

Inner Mongolia OJing Science & Technology Dividend per year

Inner Mongolia OJing Science & Technology Dividend Yield

Inner Mongolia OJing Science & Technology current trailing twelve-month (TTM) dividend yield is 4.24%. Interested in purchasing Inner Mongolia OJing Science & Technology stock? Use our calculator to estimate your expected dividend yield:

Inner Mongolia OJing Science & Technology Financial Ratios

P/E ratio-34.59
PEG ratio-1.93
P/B ratio4.03
ROE-9.79%
Payout ratio-149.06%
Current ratio2.55
Quick ratio1.95
Cash Ratio0.39

Inner Mongolia OJing Science & Technology Dividend FAQ

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