Ningxia Zhongke Biotechnology Co., Ltd. engages in the manufacturing chemical raw materials and chemical products. It offers coal-based activated carbon and lauric acid products, as well as manufactures bio-based chemical fibers. The company was founded in 1958 and is based in Yinchuan, China.
Ningxia Zhongke Biotechnology Dividend Announcement
• Ningxia Zhongke Biotechnology announced a annually dividend of ¥0.27 per ordinary share which will be made payable on . Ex dividend date: 2001-06-18
• Ningxia Zhongke Biotechnology's trailing twelve-month (TTM) dividend yield is -%
• Ningxia Zhongke Biotechnology's payout ratio for the trailing twelve months (TTM) is -0.88%
Ningxia Zhongke Biotechnology Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2001-06-18 | ¥0.27 | annually |
Ningxia Zhongke Biotechnology Dividend per year
Ningxia Zhongke Biotechnology Dividend Yield
Ningxia Zhongke Biotechnology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Ningxia Zhongke Biotechnology stock? Use our calculator to estimate your expected dividend yield:
Ningxia Zhongke Biotechnology Financial Ratios
P/E ratio-1.78
PEG ratio-0.06
P/B ratio-3.68
ROE803.50%
Payout ratio-0.88%
Current ratio0.16
Quick ratio0.09
Cash Ratio0.01
Ningxia Zhongke Biotechnology Dividend FAQ
Does Ningxia Zhongke Biotechnology stock pay dividends?
Ningxia Zhongke Biotechnology does not currently pay dividends to its shareholders.
Has Ningxia Zhongke Biotechnology ever paid a dividend?
No, Ningxia Zhongke Biotechnology has no a history of paying dividends to its shareholders. Ningxia Zhongke Biotechnology is not known for its dividend payments.
Why doesn't Ningxia Zhongke Biotechnology pay dividends?
There are several potential reasons why Ningxia Zhongke Biotechnology 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 Ningxia Zhongke Biotechnology 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 Ningxia Zhongke Biotechnology 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 Ningxia Zhongke Biotechnology a dividend aristocrat?
Ningxia Zhongke Biotechnology 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 Ningxia Zhongke Biotechnology a dividend king?
Ningxia Zhongke Biotechnology 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 Ningxia Zhongke Biotechnology a dividend stock?
No, Ningxia Zhongke Biotechnology 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 Ningxia Zhongke Biotechnology stocks?
To buy Ningxia Zhongke Biotechnology 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 Ningxia Zhongke Biotechnology 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 Ningxia Zhongke Biotechnology 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.