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Shanghai Milkground Food Tech Co., Ltd manufactures and sells cheese and liquid milk products to consumers and industrial clients in China. The company provides ready-to-eat nutrition series cheese sticks, adult shredded cheese sticks, children's growing cups, mozzarella cheese, cheese slices, cream cheese, butter, grilled cheese, etc., as well as milk and related products through distributors, self-operated e-commerce channels, large shopping malls, and supermarkets. Shanghai Milkground Food Tech Co., Ltd was founded in 1998 and is headquartered in Shanghai, China.

Shanghai Milkground Food Tech Dividend Announcement

Shanghai Milkground Food Tech announced a semi annually dividend of ¥0.50 per ordinary share which will be made payable on . Ex dividend date: 2014-09-03
Shanghai Milkground Food Tech 's trailing twelve-month (TTM) dividend yield is -%
Shanghai Milkground Food Tech 's payout ratio for the trailing twelve months (TTM) is 12.65%

Shanghai Milkground Food Tech Dividend History

Ex-Div dateDividend amountDividend typePay date
2014-09-03¥0.50semi annually
2014-07-08¥0.03semi annually
2013-09-30¥0.20semi annually
2002-07-25¥0.03semi annually
1999-07-27¥0.13semi annually
1998-06-25¥0.09semi annually
1996-06-24¥0.23semi annually

Shanghai Milkground Food Tech Dividend per year

Shanghai Milkground Food Tech Dividend growth

Shanghai Milkground Food Tech Dividend Yield

Shanghai Milkground Food Tech current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shanghai Milkground Food Tech stock? Use our calculator to estimate your expected dividend yield:

Shanghai Milkground Food Tech Financial Ratios

P/E ratio75.84
PEG ratio2.72
P/B ratio1.93
ROE2.57%
Payout ratio12.65%
Current ratio1.90
Quick ratio1.63
Cash Ratio0.71

Shanghai Milkground Food Tech Dividend FAQ

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