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Shaoxing Xingxin New Material Co.,Ltd engages in the development of electronic and environment-friendly chemicals, pharmaceutical intermediates, high molecule materials, and other materials. Its products include piperazine anhydrous, 2-methylpiperazine, n-methylpiperazine, n-ethylpieprazine, n-(2-hydroxyethyl)piperazine, n,n'-di(2-hydroxyethyl)piperazine, n-(2-hydroxypropyl)-1,2-ethylenediamine, n-(2-hydroxyethyl)ethylenediamine, n,n-dimethylpropionamide, 2-methyl-1,4-diazabicyclo(2.2.2)octane, triethylene diamine, pentamethylditethylene triamine, and 2,2'-dimorpholinodiethyl ether. The company was founded in 2002 and is based in Shangyu City, China.

SHAOXING XINGXIN N Dividend Announcement

• SHAOXING XINGXIN N announced a annually dividend of ¥0.86 per ordinary share which will be made payable on 2024-04-24. Ex dividend date: 2024-04-24
• SHAOXING XINGXIN N annual dividend for 2024 was ¥0.86
• SHAOXING XINGXIN N's trailing twelve-month (TTM) dividend yield is 3.74%
• SHAOXING XINGXIN N's payout ratio for the trailing twelve months (TTM) is 118.29%

SHAOXING XINGXIN N Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-04-24¥0.86annually2024-04-24

SHAOXING XINGXIN N Dividend per year

SHAOXING XINGXIN N Dividend Yield

SHAOXING XINGXIN N current trailing twelve-month (TTM) dividend yield is 3.74%. Interested in purchasing SHAOXING XINGXIN N stock? Use our calculator to estimate your expected dividend yield:

SHAOXING XINGXIN N Financial Ratios

P/E ratio31.25
PEG ratio1.38
P/B ratio1.94
ROE6.95%
Payout ratio118.29%
Current ratio16.99
Quick ratio15.25
Cash Ratio6.79

SHAOXING XINGXIN N Dividend FAQ

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