Pan Asian Microvent Tech (Jiangsu) Corp. engages in the manufacture, research and development, and sale of microporous materials. It offers expanded polytetrafluoroethylene membrane (ePTFE) and its modified derivatives. The company was founded by Wei Ping Yao, Yun Zhang, Ming Zhi Yang, and Dong Wei Zou on November 8, 1995 and is headquartered in Changzhou, China.
Pan Asian Microvent Tech Dividend Announcement
• Pan Asian Microvent Tech announced a annually dividend of ¥0.50 per ordinary share which will be made payable on 2024-05-30. Ex dividend date: 2024-05-30
• Pan Asian Microvent Tech annual dividend for 2024 was ¥0.50
• Pan Asian Microvent Tech annual dividend for 2023 was ¥0.50
• Pan Asian Microvent Tech's trailing twelve-month (TTM) dividend yield is 1.51%
• Pan Asian Microvent Tech's payout ratio for the trailing twelve months (TTM) is 77.64%
Pan Asian Microvent Tech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-30 | ¥0.50 | annually | 2024-05-30 |
2023-05-18 | ¥0.50 | annually | 2023-05-18 |
2021-04-29 | ¥0.50 | annually | 2021-04-29 |
Pan Asian Microvent Tech Dividend per year
Pan Asian Microvent Tech Dividend Yield
Pan Asian Microvent Tech current trailing twelve-month (TTM) dividend yield is 1.51%. Interested in purchasing Pan Asian Microvent Tech stock? Use our calculator to estimate your expected dividend yield:
Pan Asian Microvent Tech Financial Ratios
Pan Asian Microvent Tech Dividend FAQ
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.
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