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Polaris Bay Group Co.,Ltd. engages in the securities businesses. The company provides securities brokerage, securities investment consulting, investment banking, credit trading, asset management, and other services. It also offers building material, including pipes and tube profile products. The company was formerly known as Hebei Baoshuo Co., Ltd. and changed its name to Polaris Bay Group Co., Ltd. in June 2018. Polaris Bay Group Co.,Ltd. founded in 1998 and is headquartered in Beijing, China.

Polaris Bay Dividend Announcement

Polaris Bay announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2018-06-15. Ex dividend date: 2018-06-15
Polaris Bay's trailing twelve-month (TTM) dividend yield is -%
Polaris Bay's payout ratio for the trailing twelve months (TTM) is 261.40%

Polaris Bay Dividend History

Ex-Div dateDividend amountDividend typePay date
2018-06-15¥0.02annually2018-06-15
2005-03-25¥0.02annually
2004-06-23¥0.07annually
2003-03-28¥0.07annually
2002-03-26¥0.07annually
2001-05-17¥0.10annually

Polaris Bay Dividend per year

Polaris Bay Dividend growth

Polaris Bay Dividend Yield

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

Polaris Bay Financial Ratios

P/E ratio97.26
PEG ratio5.71
P/B ratio0.96
ROE0.99%
Payout ratio261.40%
Current ratio-0.00
Quick ratio-0.00
Cash Ratio0.23

Polaris Bay Dividend FAQ

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