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Nine Dragons Paper (Holdings) Limited, together with its subsidiaries, produces and sells packaging paper, recycled printing and writing paper, and specialty paper and pulp products in the People's Republic of China. The company offers linerboard products, including kraft, test, white top, and coated linerboards; corrugating medium containerboard products; corrugated cardboard products; carton box products; corrugated sheet products; and coated duplex boards. It also provides recycled printing and writing paper, such as uncoated wood-free paper and office paper; capacitor tissue paper; low and high voltage, ultra-high-voltage transformer coil winding, and heat-resistant insulating paper; and recycled and kraft pulp products. It also operates in Vietnam, Malaysia, and the United States. The company was founded in 1995 and is headquartered in Dongguan, the People's Republic of China. Nine Dragons Paper (Holdings) Limited is a subsidiary of Best Result Holdings Limited.

Nine Dragons Paper Dividend Announcement

• Nine Dragons Paper announced a semi annually dividend of $0.06 per ordinary share which will be made payable on 2023-02-06. Ex dividend date: 2022-12-08
• Nine Dragons Paper's trailing twelve-month (TTM) dividend yield is -%

Nine Dragons Paper Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-12-08$0.06semi annually2023-02-06
2022-06-15$0.25semi annually2022-07-25
2021-12-10$1.03semi annually2022-02-07
2021-06-16$0.27semi annually2021-07-26

Nine Dragons Paper Dividend per year

Nine Dragons Paper Dividend Yield

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

Nine Dragons Paper Financial Ratios

P/E ratio3004.37
PEG ratio6.21
P/B ratio6.50
ROE0.22%
Payout ratio0.00%
Current ratio1.16
Quick ratio0.84
Cash Ratio0.34

Nine Dragons Paper Dividend FAQ

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