company-logo

Shenzhen ETmade Automatic Equipment Co., Ltd. manufactures and sells equipment for the flat panel display industry in China. The company offers polarizer attachment series equipment; backlight assembly; full fit series equipment; cleaning equipment; and other services. The company was founded in 2007 and is headquartered in Shenzhen, China.

Shenzhen Etmade Automatic Equipment Dividend Announcement

Shenzhen Etmade Automatic Equipment announced a annually dividend of ¥0.04 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-06-06
Shenzhen Etmade Automatic Equipment annual dividend for 2024 was ¥0.04
Shenzhen Etmade Automatic Equipment's trailing twelve-month (TTM) dividend yield is 0.15%
Shenzhen Etmade Automatic Equipment's payout ratio for the trailing twelve months (TTM) is -33.77%

Shenzhen Etmade Automatic Equipment Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-06¥0.04annually2024-06-06
2022-06-21¥0.10annually2022-06-21
2021-05-31¥0.15annually2021-05-31

Shenzhen Etmade Automatic Equipment Dividend per year

Shenzhen Etmade Automatic Equipment Dividend Yield

Shenzhen Etmade Automatic Equipment current trailing twelve-month (TTM) dividend yield is 0.15%. Interested in purchasing Shenzhen Etmade Automatic Equipment stock? Use our calculator to estimate your expected dividend yield:

Shenzhen Etmade Automatic Equipment Financial Ratios

P/E ratio-169.45
PEG ratio12.33
P/B ratio4.26
ROE-2.51%
Payout ratio-33.77%
Current ratio2.02
Quick ratio0.85
Cash Ratio0.09

Shenzhen Etmade Automatic Equipment Dividend FAQ

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