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IRICO Group New Energy Company Limited, together with its subsidiaries, engages in the research and development, production, and sale of new energy photovoltaic glass in the People's Republic of China and internationally. The company also offers solar cells and components. In addition, it is involved in photovoltaic power generation. The company was formerly known as IRICO Group Electronics Company Limited and changed its name to IRICO Group New Energy Company Limited in January 2016. The company was founded in 2004 and is headquartered in Xianyang, the People's Republic of China.

IRICO New Energy Dividend Announcement

• IRICO New Energy announced a annually dividend of HK$0.03 per ordinary share which will be made payable on . Ex dividend date: 2005-05-19
• IRICO New Energy's trailing twelve-month (TTM) dividend yield is -%
• IRICO New Energy's payout ratio for the trailing twelve months (TTM) is -55.11%

IRICO New Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2005-05-19HK$0.03annually

IRICO New Energy Dividend per year

IRICO New Energy Dividend Yield

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

IRICO New Energy Financial Ratios

P/E ratio-4.26
PEG ratio-0.46
P/B ratio0.37
ROE-8.74%
Payout ratio-55.11%
Current ratio0.75
Quick ratio0.70
Cash Ratio0.21

IRICO New Energy Dividend FAQ

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