Nanjing Comptech Composites Corp research and development, production and sales of high-performance engineering plastic products and components.
NANJING COMPTECH C Dividend Announcement
• NANJING COMPTECH C announced a annually dividend of ¥0.31 per ordinary share which will be made payable on 2024-05-31. Ex dividend date: 2024-05-31
• NANJING COMPTECH C annual dividend for 2024 was ¥0.31
• NANJING COMPTECH C's trailing twelve-month (TTM) dividend yield is 0.84%
• NANJING COMPTECH C's payout ratio for the trailing twelve months (TTM) is 34.95%
NANJING COMPTECH C Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-05-31 | ¥0.31 | annually | 2024-05-31 |
NANJING COMPTECH C Dividend per year
NANJING COMPTECH C Dividend Yield
NANJING COMPTECH C current trailing twelve-month (TTM) dividend yield is 0.84%. Interested in purchasing NANJING COMPTECH C stock? Use our calculator to estimate your expected dividend yield:
NANJING COMPTECH C Financial Ratios
P/E ratio41.63
PEG ratio0.42
P/B ratio3.64
ROE9.98%
Payout ratio34.95%
Current ratio10.83
Quick ratio9.20
Cash Ratio5.12
NANJING COMPTECH C Dividend FAQ
Does NANJING COMPTECH C stock pay dividends?
NANJING COMPTECH C does not currently pay dividends to its shareholders.
Has NANJING COMPTECH C ever paid a dividend?
No, NANJING COMPTECH C has no a history of paying dividends to its shareholders. NANJING COMPTECH C is not known for its dividend payments.
Why doesn't NANJING COMPTECH C pay dividends?
There are several potential reasons why NANJING COMPTECH C 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.
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 NANJING COMPTECH C 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 NANJING COMPTECH C 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 NANJING COMPTECH C a dividend aristocrat?
NANJING COMPTECH C 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 NANJING COMPTECH C a dividend king?
NANJING COMPTECH C 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 NANJING COMPTECH C a dividend stock?
No, NANJING COMPTECH C 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 NANJING COMPTECH C stocks?
To buy NANJING COMPTECH C 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 NANJING COMPTECH C 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.
Place an order: Use the brokerage's trading platform to place an order to buy NANJING COMPTECH C 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.