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Shanghai Menon Animal Nutrition Technology Co., Ltd. engages in the research and development, production, and sale of feed additives and raw materials in China. It offers food attractants, sweeteners, acidulants, plant extracts, sodium butyrate, glyceryl butyrate, emulsifiers, small peptides, etc. for pig, poultry, ruminate, and aquatic products. The company also exports its products to Asia, Europe, North America, South America, Africa, and other countries and regions in Oceania. Shanghai Menon Animal Nutrition Technology Co., Ltd. was founded in 1997 and is based in Shanghai, China.

Shanghai Menon Animal Nutrition Technology Dividend Announcement

Shanghai Menon Animal Nutrition Technology announced a annually dividend of ¥0.42 per ordinary share which will be made payable on 2024-05-13. Ex dividend date: 2024-05-13
Shanghai Menon Animal Nutrition Technology annual dividend for 2024 was ¥0.42
Shanghai Menon Animal Nutrition Technology annual dividend for 2023 was ¥0.84
Shanghai Menon Animal Nutrition Technology's trailing twelve-month (TTM) dividend yield is 3.12%
Shanghai Menon Animal Nutrition Technology's payout ratio for the trailing twelve months (TTM) is 136.15%

Shanghai Menon Animal Nutrition Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-13¥0.42annually2024-05-13
2023-07-03¥0.84annually2023-07-03

Shanghai Menon Animal Nutrition Technology Dividend per year

Shanghai Menon Animal Nutrition Technology Dividend Yield

Shanghai Menon Animal Nutrition Technology current trailing twelve-month (TTM) dividend yield is 3.12%. Interested in purchasing Shanghai Menon Animal Nutrition Technology stock? Use our calculator to estimate your expected dividend yield:

Shanghai Menon Animal Nutrition Technology Financial Ratios

P/E ratio43.45
PEG ratio-21.29
P/B ratio2.64
ROE5.83%
Payout ratio136.15%
Current ratio12.71
Quick ratio10.74
Cash Ratio6.17

Shanghai Menon Animal Nutrition Technology Dividend FAQ

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