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Shenzhen Jdd Tech New Material Co Ltd is focus on the design, research and development, production and sales of polymer modified protective materials. Its main products include functional protective sleeves and functional monofilaments. etc., widely used in diverse fields such as automobiles, engineering machinery, rail transit, and communication electronics. Its main products rely on their good temperature resistance, UV resistance, flame retardancy, chemical corrosion resistance and other properties to provide wear resistance, heat insulation, anti-impact, shielding and resistance to wire harness systems and fluid pipelines in various fields. Blasting, fire prevention, noise reduction and other safety protection functions.

Shenzhen Jdd Tech New Material Dividend Announcement

Shenzhen Jdd Tech New Material announced a semi annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-10-10
Shenzhen Jdd Tech New Material annual dividend for 2024 was ¥0.70
Shenzhen Jdd Tech New Material's trailing twelve-month (TTM) dividend yield is 0.8%
Shenzhen Jdd Tech New Material's payout ratio for the trailing twelve months (TTM) is 17.46%

Shenzhen Jdd Tech New Material Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-10¥0.20semi annually2024-10-10
2024-05-22¥0.50semi annually2024-05-22

Shenzhen Jdd Tech New Material Dividend per year

Shenzhen Jdd Tech New Material Dividend Yield

Shenzhen Jdd Tech New Material current trailing twelve-month (TTM) dividend yield is 0.8%. Interested in purchasing Shenzhen Jdd Tech New Material stock? Use our calculator to estimate your expected dividend yield:

Shenzhen Jdd Tech New Material Financial Ratios

P/E ratio30.63
PEG ratio0.31
P/B ratio4.05
ROE15.15%
Payout ratio17.46%
Current ratio6.55
Quick ratio5.63
Cash Ratio0.67

Shenzhen Jdd Tech New Material Dividend FAQ

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