MEGA P&C Advanced Materials (Shanghai) Company Limited produces and sells solid content, waterborne, solvent free, and special function coating products in China. It serves customers in wind energy, shipping container, bridge construction, and steel structure industries. The company was formerly known as Shanghai Mega Coatings Company Limited and changed its name to MEGA P&C Advanced Materials (Shanghai) Company Limited in 2020. MEGA P&C Advanced Materials (Shanghai) Company Limited was founded in 2002 and is based in Shanghai, China.
MEGA P AND C ADVANCED MATERIALS Dividend Announcement
• MEGA P AND C ADVANCED MATERIALS announced a semi annually dividend of ¥0.56 per ordinary share which will be made payable on 2024-10-16. Ex dividend date: 2024-10-16
• MEGA P AND C ADVANCED MATERIALS annual dividend for 2024 was ¥1.86
• MEGA P AND C ADVANCED MATERIALS annual dividend for 2023 was ¥1.20
• MEGA P AND C ADVANCED MATERIALS's trailing twelve-month (TTM) dividend yield is 7.83%
• MEGA P AND C ADVANCED MATERIALS's payout ratio for the trailing twelve months (TTM) is 180.03%
MEGA P AND C ADVANCED MATERIALS Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-16 | ¥0.56 | semi annually | 2024-10-16 |
2024-05-27 | ¥1.30 | semi annually | 2024-05-27 |
2023-12-19 | ¥1.20 | semi annually | 2023-12-19 |
MEGA P AND C ADVANCED MATERIALS Dividend per year
MEGA P AND C ADVANCED MATERIALS Dividend Yield
MEGA P AND C ADVANCED MATERIALS current trailing twelve-month (TTM) dividend yield is 7.83%. Interested in purchasing MEGA P AND C ADVANCED MATERIALS stock? Use our calculator to estimate your expected dividend yield:
MEGA P AND C ADVANCED MATERIALS Financial Ratios
MEGA P AND C ADVANCED MATERIALS Dividend FAQ
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.
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