Ningxia Zhongyin Cashmere Co., Ltd. produces, sells, and exports cashmere products. It also produces and sells new energy lithium battery positive and negative materials. In addition, it engages in investment and asset management business. The company was founded in 1998 and is based in Lingwu, China. Ningxia Zhongyin Cashmere Co., Ltd. is a subsidiary of Hengtian Jinshi Investment Management Co., Ltd.
Ningxia Zhongyin Cashmere Dividend Announcement
• Ningxia Zhongyin Cashmere announced a annually dividend of ¥0.06 per ordinary share which will be made payable on . Ex dividend date: 2014-08-13
• Ningxia Zhongyin Cashmere's trailing twelve-month (TTM) dividend yield is -%
• Ningxia Zhongyin Cashmere's payout ratio for the trailing twelve months (TTM) is -1.17%
Ningxia Zhongyin Cashmere Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2014-08-13 | ¥0.06 | annually | |
| 2012-04-11 | ¥0.03 | annually | |
| 2011-06-27 | ¥0.05 | annually | |
| 2004-07-13 | ¥0.09 | annually | |
| 2003-06-30 | ¥0.09 | annually | |
| 2002-06-21 | ¥0.09 | annually | |
| 2001-06-29 | ¥0.09 | annually |
Ningxia Zhongyin Cashmere Dividend per year
Ningxia Zhongyin Cashmere Dividend growth
Ningxia Zhongyin Cashmere Dividend Yield
Ningxia Zhongyin Cashmere current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Ningxia Zhongyin Cashmere stock? Use our calculator to estimate your expected dividend yield:
Ningxia Zhongyin Cashmere Financial Ratios
P/E ratio-4.99
PEG ratio-0.05
P/B ratio0.72
ROE-13.33%
Payout ratio-1.17%
Current ratio2.96
Quick ratio1.91
Cash Ratio0.89
Ningxia Zhongyin Cashmere Dividend FAQ
Does Ningxia Zhongyin Cashmere stock pay dividends?
Ningxia Zhongyin Cashmere does not currently pay dividends to its shareholders.
Has Ningxia Zhongyin Cashmere ever paid a dividend?
No, Ningxia Zhongyin Cashmere has no a history of paying dividends to its shareholders. Ningxia Zhongyin Cashmere is not known for its dividend payments.
Why doesn't Ningxia Zhongyin Cashmere pay dividends?
There are several potential reasons why Ningxia Zhongyin Cashmere 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 Zhongyin Cashmere 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 Zhongyin Cashmere 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 Zhongyin Cashmere a dividend aristocrat?
Ningxia Zhongyin Cashmere 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 Zhongyin Cashmere a dividend king?
Ningxia Zhongyin Cashmere 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 Zhongyin Cashmere a dividend stock?
No, Ningxia Zhongyin Cashmere 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 Zhongyin Cashmere stocks?
To buy Ningxia Zhongyin Cashmere 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 Zhongyin Cashmere 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 Zhongyin Cashmere 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.