Shenzhen SunXing Light Alloys Materials Co.,Ltd. develops, produces, and sells light alloy materials in China. It offers aluminum and magnesium alloy materials for use in various fields, such as military, aerospace, navigation, and rail transit. The company was founded in 1992 and is based in Shenzhen, China.
Shenzhen SunXing Light Alloys Materials Dividend Announcement
• Shenzhen SunXing Light Alloys Materials announced a annually dividend of ¥0.06 per ordinary share which will be made payable on 2020-05-29. Ex dividend date: 2020-05-29
• Shenzhen SunXing Light Alloys Materials's trailing twelve-month (TTM) dividend yield is -%
• Shenzhen SunXing Light Alloys Materials's payout ratio for the trailing twelve months (TTM) is -32.87%
Shenzhen SunXing Light Alloys Materials Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2020-05-29 | ¥0.06 | annually | 2020-05-29 |
| 2018-05-04 | ¥0.40 | annually | 2018-05-04 |
Shenzhen SunXing Light Alloys Materials Dividend per year
Shenzhen SunXing Light Alloys Materials Dividend Yield
Shenzhen SunXing Light Alloys Materials current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Shenzhen SunXing Light Alloys Materials stock? Use our calculator to estimate your expected dividend yield:
Shenzhen SunXing Light Alloys Materials Financial Ratios
P/E ratio-18.73
PEG ratio-20.29
P/B ratio2.08
ROE-11.18%
Payout ratio-32.87%
Current ratio1.22
Quick ratio1.02
Cash Ratio0.21
Shenzhen SunXing Light Alloys Materials Dividend FAQ
Does Shenzhen SunXing Light Alloys Materials stock pay dividends?
Shenzhen SunXing Light Alloys Materials does not currently pay dividends to its shareholders.
Has Shenzhen SunXing Light Alloys Materials ever paid a dividend?
No, Shenzhen SunXing Light Alloys Materials has no a history of paying dividends to its shareholders. Shenzhen SunXing Light Alloys Materials is not known for its dividend payments.
Why doesn't Shenzhen SunXing Light Alloys Materials pay dividends?
There are several potential reasons why Shenzhen SunXing Light Alloys Materials 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 SunXing Light Alloys Materials 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 SunXing Light Alloys Materials 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 SunXing Light Alloys Materials a dividend aristocrat?
Shenzhen SunXing Light Alloys Materials 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 SunXing Light Alloys Materials a dividend king?
Shenzhen SunXing Light Alloys Materials 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 SunXing Light Alloys Materials a dividend stock?
No, Shenzhen SunXing Light Alloys Materials 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 SunXing Light Alloys Materials stocks?
To buy Shenzhen SunXing Light Alloys Materials 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 SunXing Light Alloys Materials 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 SunXing Light Alloys Materials 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.