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Jiangsu Teeyer Intelligent Equipment Co.,Ltd. engages in the research, design, development, production, and sale of automation equipment and mechanical equipment supporting products in China. It offers raw material preparation section products, including ball mills, slurry agitators, slurry storage tanks, jaw crushers, belt conveyors, bucket elevators, powder storage silos, and dust collectors; and automatic steel mesh fabricating and circulating section products, such as mesh welding machines, wax-dipping lifting devices, dowel-inserting and dowel-drawing out hoisters, mesh assembly frame conveyor lines, and anticorrosive liquid dipping and drying systems. The company also provides cutting machines comprising cross cutting machines, vertical cutting machines, cutting cars, tongue and groove milling devices, vacuum suction hoods, tiling hoisters, and top and bottom cleaning systems; and autoclaving section products, such as traction mechanisms, ferry push car before/after autoclaves, hardening cars, autoclaves, auto-mobile bridges, automatic gas distribution and residual gas recovery systems. In, addition, it offers finished products packing section products comprising separators, finished product clamping hoists, rotating hoisters, finished product conveyor lines, packaging machines, and stretch film machines; and production control systems, as well as project management and integration of operation and maintenance. The company was founded in 1958 and is based in Changzhou, China.

Jiangsu Teeyer Intelligent Equipment Dividend Announcement

Jiangsu Teeyer Intelligent Equipment announced a semi annually dividend of ¥0.04 per ordinary share which will be made payable on 2024-11-06. Ex dividend date: 2024-11-06
Jiangsu Teeyer Intelligent Equipment annual dividend for 2024 was ¥0.14
Jiangsu Teeyer Intelligent Equipment's trailing twelve-month (TTM) dividend yield is 0.72%
Jiangsu Teeyer Intelligent Equipment's payout ratio for the trailing twelve months (TTM) is 0.02%

Jiangsu Teeyer Intelligent Equipment Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-06¥0.04semi annually2024-11-06
2024-07-12¥0.10semi annually2024-07-12

Jiangsu Teeyer Intelligent Equipment Dividend per year

Jiangsu Teeyer Intelligent Equipment Dividend Yield

Jiangsu Teeyer Intelligent Equipment current trailing twelve-month (TTM) dividend yield is 0.72%. Interested in purchasing Jiangsu Teeyer Intelligent Equipment stock? Use our calculator to estimate your expected dividend yield:

Jiangsu Teeyer Intelligent Equipment Financial Ratios

P/E ratio97.41
PEG ratio0.97
P/B ratio4.66
ROE4.74%
Payout ratio0.02%
Current ratio2.32
Quick ratio2.00
Cash Ratio0.93

Jiangsu Teeyer Intelligent Equipment Dividend FAQ

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

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