Jiangsu Fasten Company Limited manufactures and sells steel wires and wire ropes in China and internationally. The company was founded in 1992 and is headquartered in Jiangyin, China.
Jiangsu Fasten Dividend Announcement
• Jiangsu Fasten announced a annually dividend of ¥0.10 per ordinary share which will be made payable on 2017-06-07. Ex dividend date: 2017-06-07
• Jiangsu Fasten's trailing twelve-month (TTM) dividend yield is -%
• Jiangsu Fasten's payout ratio for the trailing twelve months (TTM) is -2623.17%
Jiangsu Fasten Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2017-06-07 | ¥0.10 | annually | 2017-06-07 |
| 2016-06-15 | ¥0.01 | annually | |
| 2014-06-12 | ¥0.02 | annually | |
| 2013-07-18 | ¥0.02 | annually | |
| 2012-10-24 | ¥0.02 | annually | |
| 2006-07-19 | ¥0.04 | annually | |
| 2005-08-09 | ¥0.04 | annually | |
| 2004-07-09 | ¥0.04 | annually | |
| 2003-08-18 | ¥0.08 | annually | |
| 2002-06-24 | ¥0.08 | annually | |
| 2001-06-22 | ¥0.13 | annually | |
| 1999-07-15 | ¥0.30 | annually |
Jiangsu Fasten Dividend per year
Jiangsu Fasten Dividend growth
Jiangsu Fasten Dividend Yield
Jiangsu Fasten current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Jiangsu Fasten stock? Use our calculator to estimate your expected dividend yield:
Jiangsu Fasten Financial Ratios
P/E ratio-707.15
PEG ratio-2.18
P/B ratio223.08
ROE-15.19%
Payout ratio-2623.17%
Current ratio0.53
Quick ratio0.43
Cash Ratio0.05
Jiangsu Fasten Dividend FAQ
Does Jiangsu Fasten stock pay dividends?
Jiangsu Fasten does not currently pay dividends to its shareholders.
Has Jiangsu Fasten ever paid a dividend?
No, Jiangsu Fasten has no a history of paying dividends to its shareholders. Jiangsu Fasten is not known for its dividend payments.
Why doesn't Jiangsu Fasten pay dividends?
There are several potential reasons why Jiangsu Fasten 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.
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 Fasten 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 Fasten 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 Fasten a dividend aristocrat?
Jiangsu Fasten 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 Fasten a dividend king?
Jiangsu Fasten 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 Fasten a dividend stock?
No, Jiangsu Fasten 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 Fasten stocks?
To buy Jiangsu Fasten 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 Fasten 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.
Place an order: Use the brokerage's trading platform to place an order to buy Jiangsu Fasten 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.