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 3.05%
• 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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-13 | ¥0.42 | annually | 2024-05-13 |
2023-07-03 | ¥0.84 | annually | 2023-07-03 |
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 3.05%. 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
Shanghai Menon Animal Nutrition 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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