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Jinglv Environment Science and Technology Co., Ltd. manufactures and sells sanitation equipment. It offers cleaning; household garbage collection, sorting, and transfer services; toilet renovation management and protection; and agricultural environmental management solutions, such as village sewage treatment. The company also provides sanitation investment operation management services through franchising model to provide customers with services comprising toilet management and maintenance. In addition, the company offers sanitation vehicles, garbage compression equipment, rural sewage treatment equipment, deep-buried trash cans, toilet products, etc. Jinglv Environment Science and Technology Co., Ltd. was founded in 2002 and is based in Hefei, China.

Jinglv Environment Science and Technology Dividend Announcement

• Jinglv Environment Science and Technology announced a annually dividend of ¥0.35 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06
• Jinglv Environment Science and Technology annual dividend for 2024 was ¥0.35
• Jinglv Environment Science and Technology annual dividend for 2023 was ¥0.20
• Jinglv Environment Science and Technology 's trailing twelve-month (TTM) dividend yield is 1.86%
• Jinglv Environment Science and Technology 's payout ratio for the trailing twelve months (TTM) is 34.68%

Jinglv Environment Science and Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-06¥0.35annually2024-06-06
2023-06-21¥0.20annually2023-06-21

Jinglv Environment Science and Technology Dividend per year

Jinglv Environment Science and Technology Dividend Yield

Jinglv Environment Science and Technology current trailing twelve-month (TTM) dividend yield is 1.86%. Interested in purchasing Jinglv Environment Science and Technology stock? Use our calculator to estimate your expected dividend yield:

Jinglv Environment Science and Technology Financial Ratios

P/E ratio16.60
PEG ratio0.42
P/B ratio1.39
ROE8.56%
Payout ratio34.68%
Current ratio3.95
Quick ratio3.78
Cash Ratio0.71

Jinglv Environment Science and Technology Dividend FAQ

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