OK Science and Technology Co., Ltd. designs and manufactures tissue paper machines, and converting and packing machines for facial tissues, napkin tissues, toilet paper kitchen towels, and pocket tissues. It also provides tissue making machines, disposable surgical mask making machines, and KN95 mask making machines. The company was founded in 2011 and is based in Jiujiang, China.
OK Science and Technology Dividend Announcement
• OK Science and Technology announced a annually dividend of ¥0.80 per ordinary share which will be made payable on 2024-05-16. Ex dividend date: 2024-05-16
• OK Science and Technology annual dividend for 2024 was ¥0.80
• OK Science and Technology's trailing twelve-month (TTM) dividend yield is 2.0%
OK Science and Technology Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-05-16 | ¥0.80 | annually | 2024-05-16 |
OK Science and Technology Dividend per year
OK Science and Technology Dividend Yield
OK Science and Technology current trailing twelve-month (TTM) dividend yield is 2.0%. Interested in purchasing OK Science and Technology stock? Use our calculator to estimate your expected dividend yield:
OK Science and Technology Financial Ratios
P/E ratio40.76
PEG ratio-24.31
P/B ratio1.40
ROE3.43%
Payout ratio0.00%
Current ratio9.14
Quick ratio6.66
Cash Ratio3.87
OK Science and Technology Dividend FAQ
Does OK Science and Technology stock pay dividends?
OK Science and Technology does not currently pay dividends to its shareholders.
Has OK Science and Technology ever paid a dividend?
No, OK Science and Technology has no a history of paying dividends to its shareholders. OK Science and Technology is not known for its dividend payments.
Why doesn't OK Science and Technology pay dividends?
There are several potential reasons why OK Science and 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.
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 OK Science and 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 OK Science and 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 OK Science and Technology a dividend aristocrat?
OK Science and 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 OK Science and Technology a dividend king?
OK Science and 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 OK Science and Technology a dividend stock?
No, OK Science and 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 OK Science and Technology stocks?
To buy OK Science and 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 OK Science and 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.
Place an order: Use the brokerage's trading platform to place an order to buy OK Science and 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.