company-logo

Shaanxi Aerospace Power Hi-Tech Co., Ltd. manufactures and sells special equipment in China. The company offers pumps and motors; torque converter; gas meters and fluid meters; hydraulic equipment; and biological and chemical equipment. Its products are primarily used in petroleum, chemical, metallurgy, transportation, energy, engineering machinery, public service, military, etc. The company also exports its products to approximately 20 countries and regions in Southeast Asia, South America, Europe, Africa, etc. Shaanxi Aerospace Power Hi-Tech Co., Ltd. was founded in 1999 and is headquartered in Xi'an, China.

Shaanxi Aerospace Power Hi-Tech Dividend Announcement

Shaanxi Aerospace Power Hi-Tech announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2019-07-05. Ex dividend date: 2019-07-05
Shaanxi Aerospace Power Hi-Tech's trailing twelve-month (TTM) dividend yield is -%
Shaanxi Aerospace Power Hi-Tech's payout ratio for the trailing twelve months (TTM) is -4.89%

Shaanxi Aerospace Power Hi-Tech Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-07-05¥0.05annually2019-07-05
2016-06-20¥0.10annually
2014-04-23¥0.10annually
2011-06-16¥0.10annually
2008-06-12¥0.13annually
2005-06-28¥0.08annually

Shaanxi Aerospace Power Hi-Tech Dividend per year

Shaanxi Aerospace Power Hi-Tech Dividend Yield

Shaanxi Aerospace Power Hi-Tech current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shaanxi Aerospace Power Hi-Tech stock? Use our calculator to estimate your expected dividend yield:

Shaanxi Aerospace Power Hi-Tech Financial Ratios

P/E ratio-33.01
PEG ratio-36.93
P/B ratio4.66
ROE-13.75%
Payout ratio-4.89%
Current ratio1.42
Quick ratio0.87
Cash Ratio0.09

Shaanxi Aerospace Power Hi-Tech Dividend FAQ

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