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Shaanxi Construction Machinery Co., Ltd. engages in the research and development, manufacture, and leasing of machinery in China and internationally. It offers road construction machinery, such as pavers, milling planers, and steady mixers; pile machinery; construction machinery, including tower cranes; and construction steel structures. The company also leases, installs, disassembles, and maintains engineering machinery and equipment; offers engineering construction, leasing, remanufacturing, spare parts sales, and technical consultation services; and processes and sells road surface materials. The company was founded in 1954 and is headquartered in Xi'an, China.

Shaanxi Construction Machinery Dividend Announcement

Shaanxi Construction Machinery announced a annually dividend of ¥0.05 per ordinary share which will be made payable on 2022-06-23. Ex dividend date: 2022-06-23
Shaanxi Construction Machinery's trailing twelve-month (TTM) dividend yield is -%
Shaanxi Construction Machinery's payout ratio for the trailing twelve months (TTM) is -33.20%

Shaanxi Construction Machinery Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-06-23¥0.05annually2022-06-23
2021-11-10¥0.10annually2021-11-10
2005-06-16¥0.19annually

Shaanxi Construction Machinery Dividend per year

Shaanxi Construction Machinery Dividend Yield

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

Shaanxi Construction Machinery Financial Ratios

P/E ratio-4.54
PEG ratio-0.17
P/B ratio1.00
ROE-20.68%
Payout ratio-33.20%
Current ratio1.19
Quick ratio1.13
Cash Ratio0.23

Shaanxi Construction Machinery Dividend FAQ

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