Nanjing Textiles Import & Export Corp., Ltd. imports and exports textiles and garments worldwide. It also develops and produces discharge lamps comprising HPSL, metal halide lamps, and high-pressure mercury lamps; operates an exhibition center; and develops real estate properties. The company was founded in 1978 and is based in Nanjing, China.
Nanjing Textiles Import & Export Dividend Announcement
• Nanjing Textiles Import & Export announced a annually dividend of ¥0.01 per ordinary share which will be made payable on . Ex dividend date: 2011-07-11
• Nanjing Textiles Import & Export's trailing twelve-month (TTM) dividend yield is -%
• Nanjing Textiles Import & Export's payout ratio for the trailing twelve months (TTM) is 56.78%
Nanjing Textiles Import & Export Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2011-07-11 | ¥0.01 | annually | |
| 2010-07-12 | ¥0.01 | annually | |
| 2009-07-06 | ¥0.01 | annually | |
| 2008-07-17 | ¥0.02 | annually | |
| 2007-07-10 | ¥0.03 | annually | |
| 2006-06-19 | ¥0.02 | annually | |
| 2005-06-27 | ¥0.04 | annually | |
| 2004-06-16 | ¥0.05 | annually | |
| 2003-06-12 | ¥0.13 | annually | |
| 2002-06-11 | ¥0.15 | annually | |
| 2001-06-19 | ¥0.20 | annually |
Nanjing Textiles Import & Export Dividend per year
Nanjing Textiles Import & Export Dividend growth
Nanjing Textiles Import & Export Dividend Yield
Nanjing Textiles Import & Export current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Nanjing Textiles Import & Export stock? Use our calculator to estimate your expected dividend yield:
Nanjing Textiles Import & Export Financial Ratios
P/E ratio95.06
PEG ratio-5.76
P/B ratio5.74
ROE6.16%
Payout ratio56.78%
Current ratio1.02
Quick ratio0.95
Cash Ratio0.53
Nanjing Textiles Import & Export Dividend FAQ
Does Nanjing Textiles Import & Export stock pay dividends?
Nanjing Textiles Import & Export does not currently pay dividends to its shareholders.
Has Nanjing Textiles Import & Export ever paid a dividend?
No, Nanjing Textiles Import & Export has no a history of paying dividends to its shareholders. Nanjing Textiles Import & Export is not known for its dividend payments.
Why doesn't Nanjing Textiles Import & Export pay dividends?
There are several potential reasons why Nanjing Textiles Import & Export 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 Textiles Import & Export 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 Textiles Import & Export 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 Textiles Import & Export a dividend aristocrat?
Nanjing Textiles Import & Export 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 Textiles Import & Export a dividend king?
Nanjing Textiles Import & Export 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 Textiles Import & Export a dividend stock?
No, Nanjing Textiles Import & Export 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 Textiles Import & Export stocks?
To buy Nanjing Textiles Import & Export 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 Textiles Import & Export 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 Textiles Import & Export 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.