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Ningbo Changhong Polymer Scientific and Technical Inc. produces styrene-butadiene-styrene and styrene-ethylene-butadiene-styrene products in China. Its products are used in various industrial fields, such as shoes materials, asphalt modification, plastic modification, adhesive agents, medicines, health products, waterproofing materials, construction materials, plastic runway and bicycle tire, etc. The company was founded in 2012 and is based in Ningbo, China.
Ningbo Changhong Polymer Scientific and Technical Dividend Announcement
• Ningbo Changhong Polymer Scientific and Technical announced a annually dividend of ¥0.31 per ordinary share which will be made payable on 2024-06-14. Ex dividend date: 2024-06-14
• Ningbo Changhong Polymer Scientific and Technical annual dividend for 2024 was ¥0.31
• Ningbo Changhong Polymer Scientific and Technical's trailing twelve-month (TTM) dividend yield is 2.44%
• Ningbo Changhong Polymer Scientific and Technical's payout ratio for the trailing twelve months (TTM) is 264.61%
Ningbo Changhong Polymer Scientific and Technical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-14 | ¥0.31 | annually | 2024-06-14 |
2021-05-20 | ¥0.25 | annually | 2021-05-20 |
Ningbo Changhong Polymer Scientific and Technical Dividend per year
Ningbo Changhong Polymer Scientific and Technical Dividend Yield
Ningbo Changhong Polymer Scientific and Technical current trailing twelve-month (TTM) dividend yield is 2.44%. Interested in purchasing Ningbo Changhong Polymer Scientific and Technical stock? Use our calculator to estimate your expected dividend yield:
Ningbo Changhong Polymer Scientific and Technical Financial Ratios
Ningbo Changhong Polymer Scientific and Technical Dividend FAQ
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.
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