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Ligeance Aerospace Technology Co., Ltd. engages in the mining, smelting, and sale of molybdenum ore, associated sulfur, antimony, lead, and silver. The company primarily offers molybdenum fine powder. It is also involved in the development, production, sale, and maintenance of aero engines, gas turbine blades, and large unmanned aerial vehicles, as well as offers technical services; production, processing, assembly, and maintenance of aerospace components; and research and development of smelting technologies. In addition, the company provides aircraft-related precision and structural parts, including aircrafts wing leading surface and engine-related components, and lifting and lowering equipment and oil pump covers primarily used in commercial aircrafts, helicopters, engines, other aircraft, and industrial products; and a range of value-added services, such as component assembly, ancillary logistics, and fast shop floor services, as well as invests in mineral resources. Further, it imports and exports goods and technology. The company was formerly known as Shaanxi Ligeance Mineral Resources Co., Ltd. Ligeance Aerospace Technology Co., Ltd. was founded in 1993 and is based in Xianyang, China.

Ligeance Aerospace Technology Dividend Announcement

Ligeance Aerospace Technology announced a annually dividend of ¥0.01 per ordinary share which will be made payable on . Ex dividend date: 2016-05-20
Ligeance Aerospace Technology's trailing twelve-month (TTM) dividend yield is -%
Ligeance Aerospace Technology's payout ratio for the trailing twelve months (TTM) is -93.18%

Ligeance Aerospace Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-05-20¥0.01annually
2015-06-02¥0.02annually
2014-05-29¥0.01annually
2001-06-18¥0.08annually

Ligeance Aerospace Technology Dividend per year

Ligeance Aerospace Technology Dividend growth

Ligeance Aerospace Technology Dividend Yield

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

Ligeance Aerospace Technology Financial Ratios

P/E ratio-37.15
PEG ratio-2.35
P/B ratio36.10
ROE-62.91%
Payout ratio-93.18%
Current ratio0.65
Quick ratio0.36
Cash Ratio0.05

Ligeance Aerospace Technology Dividend FAQ

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