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Jinjian Cereals Industry Co.,Ltd. produces, processes, and sells grain and oil products in China. It offers rice, pasta products, cooking oil, diary products, and snacks foods, as well as candies, organic fertilizers, flour products base, rapeseed oil base, and tea seed oil base products. The company exports its products to European Union, Australia, southeast Asia, and North America. Jinjian Cereals Industry Co.,Ltd. was founded in 1998 and is based in Changde, China.

Jinjian Cereals Industry Dividend Announcement

Jinjian Cereals Industry announced a annually dividend of ¥0.02 per ordinary share which will be made payable on . Ex dividend date: 2001-06-05
Jinjian Cereals Industry's trailing twelve-month (TTM) dividend yield is -%
Jinjian Cereals Industry's payout ratio for the trailing twelve months (TTM) is 281.09%

Jinjian Cereals Industry Dividend History

Ex-Div dateDividend amountDividend typePay date
2001-06-05¥0.02annually
1999-10-11¥0.03annually

Jinjian Cereals Industry Dividend per year

Jinjian Cereals Industry Dividend Yield

Jinjian Cereals Industry current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Jinjian Cereals Industry stock? Use our calculator to estimate your expected dividend yield:

Jinjian Cereals Industry Financial Ratios

P/E ratio684.48
PEG ratio-1294.02
P/B ratio6.89
ROE1.00%
Payout ratio281.09%
Current ratio1.16
Quick ratio0.63
Cash Ratio0.17

Jinjian Cereals Industry Dividend FAQ

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