company-logo

Ningbo Donly Co.,Ltd researches and develops, produces, and services transmission equipment in China. The company offers gearboxes, motors, couplings, and transmission products primarily used in metallurgy, mining, water conservancy, electric power, petrochemical, building materials, ports, light industry, environmental protection, and other industries. It also engages in development, production, and sale of automatic control devices and automatic induction doors, for medical door, commercial door, and industrial door systems, as well as offers engineering services. The company was formerly known as Ningbo Donly Transmission Equipment Co., Ltd. and changed its name to Ningbo Donly Co.,Ltd in January 2014. Ningbo Donly Co.,Ltd was founded in 1997 and is headquartered in Ningbo, China.

Ningbo Donly Dividend Announcement

Ningbo Donly announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2018-06-26. Ex dividend date: 2018-06-26
Ningbo Donly's trailing twelve-month (TTM) dividend yield is -%
Ningbo Donly's payout ratio for the trailing twelve months (TTM) is 17.44%

Ningbo Donly Dividend History

Ex-Div dateDividend amountDividend typePay date
2018-06-26¥0.05annually2018-06-26
2015-04-13¥0.10annually
2012-07-11¥0.03annually
2011-05-17¥0.20annually
2010-04-29¥0.10annually
2009-06-10¥0.10annually
2008-05-29¥0.15annually

Ningbo Donly Dividend per year

Ningbo Donly Dividend growth

Ningbo Donly Dividend Yield

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

Ningbo Donly Financial Ratios

P/E ratio51.82
PEG ratio-10.44
P/B ratio2.00
ROE3.92%
Payout ratio17.44%
Current ratio1.30
Quick ratio0.78
Cash Ratio0.11

Ningbo Donly Dividend FAQ

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