Jiangxi Sunshine Dairy Co., Ltd. engages in the production and sale of dairy products and milk beverages. The company was founded in 2008 and is based in Nanchang, China.
Jiangxi Sunshine Dairy Dividend Announcement
• Jiangxi Sunshine Dairy announced a annually dividend of ¥0.16 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-28
• Jiangxi Sunshine Dairy annual dividend for 2024 was ¥0.16
• Jiangxi Sunshine Dairy annual dividend for 2023 was ¥0.15
• Jiangxi Sunshine Dairy's trailing twelve-month (TTM) dividend yield is 1.37%
• Jiangxi Sunshine Dairy's payout ratio for the trailing twelve months (TTM) is 41.60%
Jiangxi Sunshine Dairy Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-28 | ¥0.16 | annually | 2024-06-28 |
| 2023-06-16 | ¥0.15 | annually | 2023-06-16 |
Jiangxi Sunshine Dairy Dividend per year
Jiangxi Sunshine Dairy Dividend Yield
Jiangxi Sunshine Dairy current trailing twelve-month (TTM) dividend yield is 1.37%. Interested in purchasing Jiangxi Sunshine Dairy stock? Use our calculator to estimate your expected dividend yield:
Jiangxi Sunshine Dairy Financial Ratios
P/E ratio30.32
PEG ratio16.61
P/B ratio2.45
ROE8.12%
Payout ratio41.60%
Current ratio19.58
Quick ratio19.07
Cash Ratio9.42
Jiangxi Sunshine Dairy Dividend FAQ
Does Jiangxi Sunshine Dairy stock pay dividends?
Jiangxi Sunshine Dairy does not currently pay dividends to its shareholders.
Has Jiangxi Sunshine Dairy ever paid a dividend?
No, Jiangxi Sunshine Dairy has no a history of paying dividends to its shareholders. Jiangxi Sunshine Dairy is not known for its dividend payments.
Why doesn't Jiangxi Sunshine Dairy pay dividends?
There are several potential reasons why Jiangxi Sunshine Dairy 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 Jiangxi Sunshine Dairy 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 Jiangxi Sunshine Dairy 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 Jiangxi Sunshine Dairy a dividend aristocrat?
Jiangxi Sunshine Dairy 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 Jiangxi Sunshine Dairy a dividend king?
Jiangxi Sunshine Dairy 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 Jiangxi Sunshine Dairy a dividend stock?
No, Jiangxi Sunshine Dairy 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 Jiangxi Sunshine Dairy stocks?
To buy Jiangxi Sunshine Dairy 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 Jiangxi Sunshine Dairy 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 Jiangxi Sunshine Dairy 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.