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Planet Green Holdings Corp., through its subsidiaries, grows, manufactures, and distributes brick, black, and green tea products in China and internationally. It also imports and distributes beef products; and engages in the research, development, manufacture, and sale of chemical products, including formaldehyde, urea formaldehyde adhesive, methylal, ethanol fuel, fuel additives, and clean fuel. In addition, the company researches, develops, and manufactures skid-mounted refueling and LNG cryogenic equipment, as well as oil storage tanks. Further, it operates an online demand-side platform, a system that allows buyers of digital advertising inventory to manage multiple advertisement exchange and data exchange. The company was formerly known as American Lorain Corporation and changed its name to Planet Green Holdings Corp. in September 2018. Planet Green Holdings Corp. was incorporated in 1986 and is headquartered in Flushing, New York.

Planet Green Dividend Announcement

• Planet Green announced a annually dividend of $191.68 per ordinary share which will be made payable on 2007-04-26. Ex dividend date: 2007-04-12
• Planet Green's trailing twelve-month (TTM) dividend yield is -%

Planet Green Dividend History

Ex-Div dateDividend amountDividend typePay date
2007-04-12$191.68annually2007-04-26

Planet Green Dividend per year

Planet Green Dividend Yield

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

Planet Green Financial Ratios

P/E ratio-5.56
PEG ratio-26.65
P/B ratio0.93
ROE-13.85%
Payout ratio0.00%
Current ratio0.62
Quick ratio0.37
Cash Ratio0.03

Planet Green Dividend FAQ

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