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Shang Hai Ya Tong Co., Ltd. engages in inner river transportation in China. The company provides passenger and cargo transportation across water routes, such as Shanghai-Chongming, Chongming-Liuhe, and Chongming-Haimen. It is also involved in communication and landscape engineering, culture broadcasting, ecological agriculture, property development and operation, and materials distribution activities, as well as the provision of taxi transportation and ship maintenance services. The company is based in Shanghai, China.

Shang Hai Ya Tong Dividend Announcement

• Shang Hai Ya Tong announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2024-09-09. Ex dividend date: 2024-09-09
• Shang Hai Ya Tong annual dividend for 2024 was ¥0.02
• Shang Hai Ya Tong's trailing twelve-month (TTM) dividend yield is 0.21%
• Shang Hai Ya Tong's payout ratio for the trailing twelve months (TTM) is 149.43%

Shang Hai Ya Tong Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-09¥0.02annually2024-09-09
2002-07-12¥0.05annually
1998-06-19¥0.17annually
1995-11-16¥0.02annually

Shang Hai Ya Tong Dividend per year

Shang Hai Ya Tong Dividend Yield

Shang Hai Ya Tong current trailing twelve-month (TTM) dividend yield is 0.21%. Interested in purchasing Shang Hai Ya Tong stock? Use our calculator to estimate your expected dividend yield:

Shang Hai Ya Tong Financial Ratios

P/E ratio134.05
PEG ratio-7.45
P/B ratio3.75
ROE2.80%
Payout ratio149.43%
Current ratio1.32
Quick ratio0.38
Cash Ratio0.22

Shang Hai Ya Tong Dividend FAQ

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