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Kede CNC Co., Ltd. manufactures and markets CNC systems and functional components in China. It offers five-axis vertical machining, horizontal machining and turning machining, horizontal milling and turning compound machining, tool grinding, high-speed bridge type gantry machining, and blade milling machining centers, as well as Detron series machining centers; and functional parts, such as motors, electric spindle, sensing systems, direct drive milling head, and turntables. The company was founded in 2008 and is based in Dalian, China. KEDE Numerical Control Co., Ltd operates as a subsidiary of Dalian Koyo Technology Group Co., Ltd.

KEDE Numerical Control Dividend Announcement

KEDE Numerical Control announced a annually dividend of ¥0.25 per ordinary share which will be made payable on 2024-06-03. Ex dividend date: 2024-06-03
KEDE Numerical Control annual dividend for 2024 was ¥0.25
KEDE Numerical Control's trailing twelve-month (TTM) dividend yield is 0.35%
KEDE Numerical Control's payout ratio for the trailing twelve months (TTM) is 8.92%

KEDE Numerical Control Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-03¥0.25annually2024-06-03

KEDE Numerical Control Dividend per year

KEDE Numerical Control Dividend Yield

KEDE Numerical Control current trailing twelve-month (TTM) dividend yield is 0.35%. Interested in purchasing KEDE Numerical Control stock? Use our calculator to estimate your expected dividend yield:

KEDE Numerical Control Financial Ratios

P/E ratio66.92
PEG ratio0.90
P/B ratio4.14
ROE7.55%
Payout ratio8.92%
Current ratio3.76
Quick ratio2.22
Cash Ratio1.24

KEDE Numerical Control Dividend FAQ

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