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Jiangsu Daybright Intelligent Electric Co.,LTD. engages in the research and development, production, and sale of distribution network automation products in China. It offers pole-mounted switch controllers, feeder automation terminals, and distribution automation terminals; digital circuit, voltage, motor, and distribution transformer protection, measurement, and control devices; communication management devices; digital standby power supply auto-input devices; outdoor high-voltage AC load switches and circuit breakers; and power transformation and distribution boxes, electric energy metering boxes, low-voltage cable branch boxes, metal-clad enclosed switch gears, low-voltage draw-out type switch cabinets, box type switching stations, and metal closed box and indoor AC high-voltage looped network switch gears. The company also provides maintenance and repair, consulting, and door-to-door services. It serves customers through sales outlets. The company was founded in 2011 and is based in Nanjing, China.

Jiangsu Daybright Intelligent Electric Dividend Announcement

• Jiangsu Daybright Intelligent Electric announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2021-06-04. Ex dividend date: 2021-06-04
• Jiangsu Daybright Intelligent Electric's trailing twelve-month (TTM) dividend yield is -%
• Jiangsu Daybright Intelligent Electric's payout ratio for the trailing twelve months (TTM) is -36.75%

Jiangsu Daybright Intelligent Electric Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-06-04¥0.06annually2021-06-04
2018-07-10¥0.20annually2018-07-10

Jiangsu Daybright Intelligent Electric Dividend per year

Jiangsu Daybright Intelligent Electric Dividend Yield

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

Jiangsu Daybright Intelligent Electric Financial Ratios

P/E ratio-19.06
PEG ratio-0.19
P/B ratio3.39
ROE-17.51%
Payout ratio-36.75%
Current ratio0.62
Quick ratio0.58
Cash Ratio0.12

Jiangsu Daybright Intelligent Electric Dividend FAQ

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