Shandong Tengda Fasten Tech. Co., Ltd. engages in the research, development, production, and sale of stainless steel fastener products. It offers bolts, nuts, screws, and washers. The company was founded on December 23, 2015 and is headquartered in Zaozhuang, China.
SHANDONG TENGDA FA Dividend Announcement
• SHANDONG TENGDA FA announced a semi annually dividend of ¥0.05 per ordinary share which will be made payable on 2024-11-05. Ex dividend date: 2024-11-05
• SHANDONG TENGDA FA annual dividend for 2024 was ¥0.18
• SHANDONG TENGDA FA's trailing twelve-month (TTM) dividend yield is 0.71%
• SHANDONG TENGDA FA's payout ratio for the trailing twelve months (TTM) is 38.39%
SHANDONG TENGDA FA Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-05 | ¥0.05 | semi annually | 2024-11-05 |
| 2024-05-22 | ¥0.13 | semi annually | 2024-05-22 |
SHANDONG TENGDA FA Dividend per year
SHANDONG TENGDA FA Dividend Yield
SHANDONG TENGDA FA current trailing twelve-month (TTM) dividend yield is 0.71%. Interested in purchasing SHANDONG TENGDA FA stock? Use our calculator to estimate your expected dividend yield:
SHANDONG TENGDA FA Financial Ratios
P/E ratio76.51
PEG ratio0.74
P/B ratio3.61
ROE5.51%
Payout ratio38.39%
Current ratio2.92
Quick ratio2.01
Cash Ratio1.54
SHANDONG TENGDA FA Dividend FAQ
Does SHANDONG TENGDA FA stock pay dividends?
SHANDONG TENGDA FA does not currently pay dividends to its shareholders.
Has SHANDONG TENGDA FA ever paid a dividend?
No, SHANDONG TENGDA FA has no a history of paying dividends to its shareholders. SHANDONG TENGDA FA is not known for its dividend payments.
Why doesn't SHANDONG TENGDA FA pay dividends?
There are several potential reasons why SHANDONG TENGDA FA 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.
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 TENGDA FA 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 TENGDA FA 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 TENGDA FA a dividend aristocrat?
SHANDONG TENGDA FA 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 TENGDA FA a dividend king?
SHANDONG TENGDA FA 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 TENGDA FA a dividend stock?
No, SHANDONG TENGDA FA 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 TENGDA FA stocks?
To buy SHANDONG TENGDA FA 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 TENGDA FA 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.
Place an order: Use the brokerage's trading platform to place an order to buy SHANDONG TENGDA FA 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.