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Qinchuan Machine Tool & Tool Group Share Co., Ltd. develops, produces, and sells precision CNC machine tools and cutting tools in China. The company offers CNC machine tools, such as lathes, grinding machines, machining centers, specialty machines, and plastics machinery; and components and precision parts comprising gear parts and gearboxes, hydraulics parts and systems, iron castings, and meters and gauges. It also provides tooling and fixtures, including gear cutting tools, broaching cutters, special cutting tools, special milling cutters, measuring gauges, and thread cutters; and measuring equipment, which include gear measuring machines, and camshaft and crankshaft measuring machines. The company was founded in 1965 and is based in Baoji, China.

Qinchuan Machine Tool & Tool Share Dividend Announcement

• Qinchuan Machine Tool & Tool Share announced a annually dividend of ¥0.03 per ordinary share which will be made payable on 2023-10-27. Ex dividend date: 2023-10-27
• Qinchuan Machine Tool & Tool Share annual dividend for 2023 was ¥0.03
• Qinchuan Machine Tool & Tool Share's trailing twelve-month (TTM) dividend yield is -%
• Qinchuan Machine Tool & Tool Share's payout ratio for the trailing twelve months (TTM) is 221.56%

Qinchuan Machine Tool & Tool Share Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-10-27¥0.03annually2023-10-27
2012-06-07¥0.10annually
2011-04-28¥0.08annually
2010-05-13¥0.06annually
2007-06-20¥0.02annually
2006-06-16¥0.02annually
2005-05-27¥0.02annually
2004-06-17¥0.02annually
2003-05-27¥0.02annually
2002-05-13¥0.03annually
2001-03-07¥0.10annually

Qinchuan Machine Tool & Tool Share Dividend per year

Qinchuan Machine Tool & Tool Share Dividend growth

Qinchuan Machine Tool & Tool Share Dividend Yield

Qinchuan Machine Tool & Tool Share current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Qinchuan Machine Tool & Tool Share stock? Use our calculator to estimate your expected dividend yield:

Qinchuan Machine Tool & Tool Share Financial Ratios

P/E ratio417.06
PEG ratio-197.43
P/B ratio1.99
ROE0.48%
Payout ratio221.56%
Current ratio1.73
Quick ratio1.10
Cash Ratio0.49

Qinchuan Machine Tool & Tool Share Dividend FAQ

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