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Jiangsu Boamax Technologies Group Co., Ltd. researches, develops, designs, manufactures, and sells industrial grade structural CNC sheet metal products. It offers flue gas flow monitoring of the desulfurization and denitration and boiler combustion optimization used in the field of coal-fired power plants, chemical plants, paper mills, and cement plants. The company also provides high voltage electrode boilers for the nuclear power plant auxiliary boiler. In addition, it offers automation wet process equipment for the production of crystalline solar silicon cells. The company was formerly known as Suzhou Boamax Technologies Group Co.,Ltd. Jiangsu Boamax Technologies Group Co., Ltd. was founded in 2001 and is based in Suzhou, China.

Jiangsu Boamax Technologies Dividend Announcement

Jiangsu Boamax Technologies announced a annually dividend of ¥0.20 per ordinary share which will be made payable on . Ex dividend date: 2014-04-28
Jiangsu Boamax Technologies's trailing twelve-month (TTM) dividend yield is -%
Jiangsu Boamax Technologies's payout ratio for the trailing twelve months (TTM) is -7.46%

Jiangsu Boamax Technologies Dividend History

Ex-Div dateDividend amountDividend typePay date
2014-04-28¥0.20annually
2012-09-21¥0.10annually
2011-06-07¥0.58annually

Jiangsu Boamax Technologies Dividend per year

Jiangsu Boamax Technologies Dividend Yield

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

Jiangsu Boamax Technologies Financial Ratios

P/E ratio-15.71
PEG ratio-0.22
P/B ratio6.38
ROE-36.66%
Payout ratio-7.46%
Current ratio0.72
Quick ratio0.50
Cash Ratio0.03

Jiangsu Boamax Technologies Dividend FAQ

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