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Micro-Tech (Nanjing) Co., Ltd. manufactures and sells non-vascular stents and disposable biopsy forceps primarily in China, Europe, North America, Oceania, etc. The company offers gastroenterology products, such as biliary (longwire), biliary (shortwire), biopsy, dilation and hemostasis products, EUS, nitinol stents, resection products, retrieval devices, and accessories; and pulmonology products, such as airway stents, biopsy, dilation balloons, cytology brushes, retrieval devices, and accessories. The company also offers OEM/ODM services to companies in the medical devices field. Micro-Tech (Nanjing) Co., Ltd. was founded in 1999 and is based in Nanjing, China.

Micro-Tech Dividend Announcement

Micro-Tech announced a semi annually dividend of ¥0.50 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-10-11
Micro-Tech annual dividend for 2024 was ¥1.50
Micro-Tech annual dividend for 2023 was ¥0.55
Micro-Tech's trailing twelve-month (TTM) dividend yield is 2.82%
Micro-Tech's payout ratio for the trailing twelve months (TTM) is 67.72%

Micro-Tech Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-11¥0.50semi annually2024-10-11
2024-06-24¥1.00semi annually2024-06-24
2023-06-07¥0.55semi annually
2022-06-10¥1.05semi annually
2021-05-27¥0.60semi annually
2020-05-12¥1.00semi annually

Micro-Tech Dividend per year

Micro-Tech Dividend growth

Micro-Tech Dividend Yield

Micro-Tech current trailing twelve-month (TTM) dividend yield is 2.82%. Interested in purchasing Micro-Tech stock? Use our calculator to estimate your expected dividend yield:

Micro-Tech Financial Ratios

P/E ratio24.10
PEG ratio0.88
P/B ratio3.56
ROE14.92%
Payout ratio67.72%
Current ratio4.77
Quick ratio3.99
Cash Ratio1.86

Micro-Tech Dividend FAQ

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