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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-10 | ¥0.20 | semi annually | 2024-10-10 |
2024-05-22 | ¥0.50 | semi annually | 2024-05-22 |
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
Shenzhen Jdd Tech New Material Dividend FAQ
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.
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