Shenyang Machine Tool Co., Ltd. engages in the manufacturing and sale of machine tools and equipment in China. Its products include horizontal and vertical lathes, and turning and milling centers; and special machineries. The company was founded in 1993 and is headquartered in Shenyang, China.
Shenyang Machine Tool Dividend Announcement
• Shenyang Machine Tool announced a annually dividend of ¥0.02 per ordinary share which will be made payable on . Ex dividend date: 2015-06-05
• Shenyang Machine Tool's trailing twelve-month (TTM) dividend yield is -%
• Shenyang Machine Tool's payout ratio for the trailing twelve months (TTM) is -211.87%
Shenyang Machine Tool Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2015-06-05 | ¥0.02 | annually | |
| 2012-05-23 | ¥0.06 | annually | |
| 2007-04-06 | ¥0.05 | annually | |
| 2001-08-13 | ¥0.02 | annually |
Shenyang Machine Tool Dividend per year
Shenyang Machine Tool Dividend Yield
Shenyang Machine Tool current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shenyang Machine Tool stock? Use our calculator to estimate your expected dividend yield:
Shenyang Machine Tool Financial Ratios
P/E ratio-994.27
PEG ratio9.26
P/B ratio18.02
ROE-1.70%
Payout ratio-211.87%
Current ratio0.95
Quick ratio0.57
Cash Ratio0.13
Shenyang Machine Tool Dividend FAQ
Does Shenyang Machine Tool stock pay dividends?
Shenyang Machine Tool does not currently pay dividends to its shareholders.
Has Shenyang Machine Tool ever paid a dividend?
No, Shenyang Machine Tool has no a history of paying dividends to its shareholders. Shenyang Machine Tool is not known for its dividend payments.
Why doesn't Shenyang Machine Tool pay dividends?
There are several potential reasons why Shenyang Machine Tool 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.
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 Shenyang Machine Tool 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 Shenyang Machine Tool 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 Shenyang Machine Tool a dividend aristocrat?
Shenyang Machine Tool 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 Shenyang Machine Tool a dividend king?
Shenyang Machine Tool 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 Shenyang Machine Tool a dividend stock?
No, Shenyang Machine Tool 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 Shenyang Machine Tool stocks?
To buy Shenyang Machine Tool 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 Shenyang Machine Tool 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.
Place an order: Use the brokerage's trading platform to place an order to buy Shenyang Machine Tool 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.