Shandong Kuntai New Material Technology Co., Ltd. engages in the research, development, manufacture, and sale of automotive interior materials and products. It offers car carpets and mats for vehicle markets. The company was founded in 2009 and is based in Yantai, China.
Shandong Kuntai New Material Technology Dividend Announcement
• Shandong Kuntai New Material Technology announced a annually dividend of ¥0.12 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-29
• Shandong Kuntai New Material Technology annual dividend for 2024 was ¥0.12
• Shandong Kuntai New Material Technology annual dividend for 2023 was ¥0.52
• Shandong Kuntai New Material Technology's trailing twelve-month (TTM) dividend yield is 0.71%
• Shandong Kuntai New Material Technology's payout ratio for the trailing twelve months (TTM) is 28.83%
Shandong Kuntai New Material Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-29 | ¥0.12 | annually | 2024-05-29 |
2023-05-26 | ¥0.52 | annually | 2023-05-26 |
Shandong Kuntai New Material Technology Dividend per year
Shandong Kuntai New Material Technology Dividend Yield
Shandong Kuntai New Material Technology current trailing twelve-month (TTM) dividend yield is 0.71%. Interested in purchasing Shandong Kuntai New Material Technology stock? Use our calculator to estimate your expected dividend yield:
Shandong Kuntai New Material Technology Financial Ratios
Shandong Kuntai New Material Technology Dividend FAQ
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.
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