Table of Contents

company-logo

Shenke Slide Bearing Corporation, together with its subsidiaries, researches, develops, produces, and sells thick-walled sliding bearings and parts kits in the People's Republic of China and internationally. It offers DQY end cover sliding bearing series, which are used in large and medium-sized AC and DC motors, and other rotating machinery; and ZQ/ZQKT pedestal sliding bearing series. The company also provides ZH dynamic and static pressure seat type sliding bearing series that are used in large-scale reversible conversion speed AC and DC motors, such as steel rolling mills, mine hoists, etc.; VTBS vertical thrust bearing series, which are used in hydroelectric generators, water pumps, etc.; and 1000MW/600MW/300MW bearing series used primarily in steam turbine generators. In addition, it provides bearing parts kit comprising hydropower, thermal power, wind power, nuclear power generation equipment, and motor bearing peripheral components. Further, the company offers accessories that include generator main shaft, hydro-generator volute, steam turbine generator end cover, gas turbine cylinder, wind power hubs, nacelles, wind turbine bases, etc. Shenke Slide Bearing Corporation was founded in 1996 and is headquartered in Zhuji, the People's Republic of China.

Shenke Slide Bearing Dividend Announcement

• Shenke Slide Bearing announced a annually dividend of ¥0.20 per ordinary share which will be made payable on . Ex dividend date: 2012-05-25
• Shenke Slide Bearing's trailing twelve-month (TTM) dividend yield is -%
• Shenke Slide Bearing's payout ratio for the trailing twelve months (TTM) is -18.88%

Shenke Slide Bearing Dividend History

Ex-Div dateDividend amountDividend typePay date
2012-05-25¥0.20annually

Shenke Slide Bearing Dividend per year

Shenke Slide Bearing Dividend Yield

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

Shenke Slide Bearing Financial Ratios

P/E ratio-433.06
PEG ratio-3.12
P/B ratio4.56
ROE-1.06%
Payout ratio-18.88%
Current ratio2.04
Quick ratio1.35
Cash Ratio0.19

Shenke Slide Bearing Dividend FAQ

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