company-logo

Shengda Resources Co.,Ltd., through its subsidiaries, engages in the exploration and development of non-ferrous metals in China. The company primarily mines for lead, zinc, and silver. It also disposes hazardous wastes containing nickel, copper, gold, silver, and chromium. The company was formerly known as Shengda Mining Co., Ltd. and changed its name to Shengda Resources Co.,Ltd. in October 2019. The company was founded in 1995 and is based in Beijing, China.

Shengda Resources Dividend Announcement

Shengda Resources announced a annually dividend of ¥0.08 per ordinary share which will be made payable on 2024-07-11. Ex dividend date: 2024-07-11
Shengda Resources annual dividend for 2024 was ¥0.08
Shengda Resources's trailing twelve-month (TTM) dividend yield is 0.52%
Shengda Resources's payout ratio for the trailing twelve months (TTM) is 18.70%

Shengda Resources Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-11¥0.08annually2024-07-11
2020-05-22¥0.10annually2020-05-22
2017-04-13¥0.50annually2017-04-13
2013-08-09¥1.00annually
2012-05-07¥0.48annually

Shengda Resources Dividend per year

Shengda Resources Dividend Yield

Shengda Resources current trailing twelve-month (TTM) dividend yield is 0.52%. Interested in purchasing Shengda Resources stock? Use our calculator to estimate your expected dividend yield:

Shengda Resources Financial Ratios

P/E ratio45.78
PEG ratio-3.07
P/B ratio2.99
ROE6.74%
Payout ratio18.70%
Current ratio1.05
Quick ratio0.90
Cash Ratio0.40

Shengda Resources Dividend FAQ

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