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Norsyn Crop Technology Co., Ltd. engages in the research, development, production, and sale of pesticide preparation products in China. The company offers insecticides, fungicides, herbicides, and other products. Norsyn Crop Technology Co., Ltd. was founded in 2006 and is based in Xi'an, China.

Norsyn Crop Technology Dividend Announcement

Norsyn Crop Technology announced a semi annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-27
Norsyn Crop Technology annual dividend for 2024 was ¥0.13
Norsyn Crop Technology annual dividend for 2023 was ¥0.20
Norsyn Crop Technology's trailing twelve-month (TTM) dividend yield is 0.66%
Norsyn Crop Technology's payout ratio for the trailing twelve months (TTM) is 67.04%

Norsyn Crop Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-27¥0.05semi annually2024-09-27
2024-08-26¥0.08semi annually2024-08-26
2023-06-29¥0.20semi annually2023-06-29

Norsyn Crop Technology Dividend per year

Norsyn Crop Technology Dividend Yield

Norsyn Crop Technology current trailing twelve-month (TTM) dividend yield is 0.66%. Interested in purchasing Norsyn Crop Technology stock? Use our calculator to estimate your expected dividend yield:

Norsyn Crop Technology Financial Ratios

P/E ratio37.02
PEG ratio0.79
P/B ratio2.08
ROE5.58%
Payout ratio67.04%
Current ratio2.28
Quick ratio1.87
Cash Ratio0.70

Norsyn Crop Technology Dividend FAQ

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