company-logo

Shandong Oriental Ocean Sci-Tech Co., Ltd., together with its subsidiaries, engages in the sea-farming, food processing, real estate development, and hotel tourism businesses. The company is involved in the breeding and cultivation of sea cucumbers, shellfishes, kelp seedling, and precious marine products; proliferation of sea cucumber; and holothurian culture, fish cultivation, species improvement, and fish raising activities. It also engages in aquatic product processing trade and bonded logistics; refrigeration and processing; and aquatic product bonded warehouse activities. In addition, the company provides property management services. It has operations in China and internationally. Shandong Oriental Ocean Sci-Tech Co., Ltd. was founded in 2001 and is based in Yantai, China.

Shandong Oriental Ocean Sci-Tech Dividend Announcement

Shandong Oriental Ocean Sci-Tech announced a annually dividend of ¥0.11 per ordinary share which will be made payable on . Ex dividend date: 2016-06-01
Shandong Oriental Ocean Sci-Tech's trailing twelve-month (TTM) dividend yield is -%
Shandong Oriental Ocean Sci-Tech's payout ratio for the trailing twelve months (TTM) is 0.16%

Shandong Oriental Ocean Sci-Tech Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-06-01¥0.11annually
2012-06-27¥0.20annually
2007-07-18¥0.10annually

Shandong Oriental Ocean Sci-Tech Dividend per year

Shandong Oriental Ocean Sci-Tech Dividend Yield

Shandong Oriental Ocean Sci-Tech current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shandong Oriental Ocean Sci-Tech stock? Use our calculator to estimate your expected dividend yield:

Shandong Oriental Ocean Sci-Tech Financial Ratios

P/E ratio4.45
PEG ratio0.32
P/B ratio4.97
ROE109.19%
Payout ratio0.16%
Current ratio4.36
Quick ratio3.20
Cash Ratio2.55

Shandong Oriental Ocean Sci-Tech Dividend FAQ

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