Shenzhen Original Advanced Compounds Co., Ltd. engages in the research and development, production, and sale of cable materials. It offers polyolefin polymer materials for optical communication cables and other cables, as well as electrical equipment wires; and polymer materials for power cables. The company was incorporated in 2004 and is based in Shanghai, China.
Shenzhen Original Advanced Compounds Dividend Announcement
• Shenzhen Original Advanced Compounds announced a annually dividend of ¥0.16 per ordinary share which will be made payable on 2019-06-20. Ex dividend date: 2019-06-20
• Shenzhen Original Advanced Compounds's trailing twelve-month (TTM) dividend yield is -%
• Shenzhen Original Advanced Compounds's payout ratio for the trailing twelve months (TTM) is -21.36%
Shenzhen Original Advanced Compounds Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2019-06-20 | ¥0.16 | annually | 2019-06-20 |
| 2018-06-26 | ¥0.10 | annually | 2018-06-26 |
Shenzhen Original Advanced Compounds Dividend per year
Shenzhen Original Advanced Compounds Dividend Yield
Shenzhen Original Advanced Compounds current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shenzhen Original Advanced Compounds stock? Use our calculator to estimate your expected dividend yield:
Shenzhen Original Advanced Compounds Financial Ratios
P/E ratio-97.44
PEG ratio22.29
P/B ratio18.34
ROE-18.19%
Payout ratio-21.36%
Current ratio2.06
Quick ratio1.50
Cash Ratio0.31
Shenzhen Original Advanced Compounds Dividend FAQ
Does Shenzhen Original Advanced Compounds stock pay dividends?
Shenzhen Original Advanced Compounds does not currently pay dividends to its shareholders.
Has Shenzhen Original Advanced Compounds ever paid a dividend?
No, Shenzhen Original Advanced Compounds has no a history of paying dividends to its shareholders. Shenzhen Original Advanced Compounds is not known for its dividend payments.
Why doesn't Shenzhen Original Advanced Compounds pay dividends?
There are several potential reasons why Shenzhen Original Advanced Compounds 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 Shenzhen Original Advanced Compounds 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 Original Advanced Compounds 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 Original Advanced Compounds a dividend aristocrat?
Shenzhen Original Advanced Compounds 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 Original Advanced Compounds a dividend king?
Shenzhen Original Advanced Compounds 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 Original Advanced Compounds a dividend stock?
No, Shenzhen Original Advanced Compounds 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 Original Advanced Compounds stocks?
To buy Shenzhen Original Advanced Compounds 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 Original Advanced Compounds 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 Shenzhen Original Advanced Compounds 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.