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Namyue Holdings Limited, an investment holding company, engages in the processing and sale of semi-finished and finished leather in Mainland China. The company is also involved in leasing plant and machinery; processing cowhides; and trading leather. It serves leather product manufacturers primarily branded shoes manufacturers. The company was founded in 1995 and is based in Central, Hong Kong. The company was formerly known as Guangdong Tannery Limited and changed its name to Namyue Holdings Limited in July 2022. Namyue Holdings Limited is a subsidiary of Nam Yue (Group) Company Limited.

Namyue Dividend Announcement

Namyue announced a annually dividend of HK$0.02 per ordinary share which will be made payable on 1998-06-30. Ex dividend date: 1998-06-18
Namyue's trailing twelve-month (TTM) dividend yield is -%

Namyue Dividend History

Ex-Div dateDividend amountDividend typePay date
1998-06-18HK$0.02annually1998-06-30

Namyue Dividend per year

Namyue Dividend Yield

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

Namyue Financial Ratios

P/E ratio-3.24
PEG ratio0.03
P/B ratio3.80
ROE-85.40%
Payout ratio0.00%
Current ratio1.08
Quick ratio0.44
Cash Ratio0.09

Namyue Dividend FAQ

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