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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 dateDividend amountDividend typePay date
2024-10-16¥0.56semi annually2024-10-16
2024-05-27¥1.30semi annually2024-05-27
2023-12-19¥1.20semi annually2023-12-19

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

P/E ratio27.90
PEG ratio0.59
P/B ratio2.12
ROE7.33%
Payout ratio180.03%
Current ratio2.83
Quick ratio2.60
Cash Ratio0.25

MEGA P AND C ADVANCED MATERIALS Dividend FAQ

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